Economic growth

May 15, 2019 - 2:59 am
BERLIN (AP) — Official figures show that the German economy returned to growth in the first quarter of 2019 on the back of solid consumer spending and a construction boom in Europe's largest economy. The Federal Statistical Office reported Wednesday that the country's economy grew by 0.4% in the...
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Customers shop at a toy store in Beijing, Wednesday, May 15, 2019. For many Americans, President Donald Trump's trade war may soon get very real. His administration is preparing to extend 25% tariffs to practically all Chinese imports not already hit with duties, including toys, sneakers, shirts, alarm clocks, toasters and coffeemakers. (AP Photo/Mark Schiefelbein)
May 15, 2019 - 2:30 am
BEIJING (AP) — China's factory output and consumer spending weakened in April as a tariff war with Washington intensified, adding to pressure on Beijing to shore up shaky economic growth. Wednesday's unexpectedly weak data prompted suggestions Beijing will needs to boost stimulus spending and bank...
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FILE - In this Thursday, April 11, 2019 file photo, protestor flags fly opposite the Houses of Parliament in London. The British economy is likely to weaken as firms stop ease up on Brexit preparations now that Britain’s departure from the European Union has been delayed by months, the Bank of England said Thursday, May 2, 2019. (AP Photo/Frank Augstein, File)
May 10, 2019 - 5:43 am
LONDON (AP) — The British economy expanded by a solid quarterly rate of 0.5% in the first three months of the year as firms geared up for the long-anticipated Brexit date. However, that boon is set to diminish in coming months and growth is expected to ease as the country hurtles toward its next...
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A man looks at his smartphone near a display showing stock prices at a brokerage house in Shanghai Monday, May 6, 2019. China's benchmark Shanghai Composite index dives on U.S. President Donald Trump threat of more China tariffs. At right is a reflection off a display board. (AP Photo)
May 07, 2019 - 6:09 pm
WASHINGTON (AP) — Heightened trade tensions between the United States and China are spooking financial markets and putting a chill on prospects for the global economy. Chinese officials are heading to Washington to try to salvage negotiations aimed at breaking an impasse between the world's two...
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An electoral worker participates in the manual counting of ballots after polling stations closed for the general election in Panama City, Sunday, May 5, 2019. Panamanians are choosing Sunday among seven mostly business-friendly candidates to lead this Central American trade and financial hub for the next five years in a presidential election focusing on corruption and slowing economic growth. (AP Photo/Arnulfo Franco)
May 05, 2019 - 11:59 pm
PANAMA CITY (AP) — A cattleman held on to a narrow lead over a businessman late Sunday as returns came in from Panama's tightest presidential election in recent years, following a campaign that focused on corruption and slowing economic growth in this Central America trade and financial hub. The...
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FILE - In this March 7, 2019, photo visitors to the Pittsburgh veterans job fair meet with recruiters at Heinz Field in Pittsburgh. On Friday, May 3, the U.S. government issues the April jobs report. (AP Photo/Keith Srakocic, File)
May 03, 2019 - 5:12 pm
WASHINGTON (AP) — Hiring accelerated and pay rose at a solid pace in April, setting the stage for healthy U.S. economic growth to endure despite fears of a slowdown earlier this year. Employers added 263,000 jobs, with the unemployment rate dropping to a five-decade low of 3.6% from 3.8%, though...
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May 02, 2019 - 8:18 am
LONDON (AP) — The British economy is likely to weaken as firms ease up on Brexit preparations now that the departure from the European Union has been delayed by months, the Bank of England said Thursday. In forecasts published alongside the unanimous decision to keep the main interest rate at 0.75...
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FILE - In this March 20, 2019, file photo federal Reserve Chair Jerome Powell speaks during a news conference in Washington. On Wednesday, May 1, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Susan Walsh, File)
May 01, 2019 - 2:43 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 2:35 p.m. President Donald Trump's controversial choice for the Federal Reserve board of governors issued a statement supporting his own nomination within a minute of Fed officials announcing that they...
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FILE- In this Feb. 27, 2019, file photo Federal Reserve Board Chair Jerome Powell gestures while speaking before the House Committee on Financial Services hearing on Capitol Hill in Washington. On Wednesday, May 1, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Pablo Martinez Monsivais, File)
May 01, 2019 - 2:26 pm
WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged Wednesday and signaled that no rate hikes are likely in coming months amid signs of renewed economic health but unusually low inflation. The Fed left its benchmark rate — which influences many consumer and business loans —...
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A cargo ship is seen on the river Main with the bank buildings in background in Frankfurt, Germany, late Wednesday, April 17, 2019. (AP Photo/Michael Probst)
April 30, 2019 - 6:40 am
LONDON (AP) — The recent slowdown in the eurozone economy, which had stoked fears that another recession was around the corner, appears to have come to an end. Official figures released Tuesday show that the 19-country single currency bloc saw economic growth double in the first quarter of the year...
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