BANGKOK (AP) — Global stock markets mostly edged lower on Friday amid weak corporate news and ahead of the release of U.S. economic growth data later in the day.
US retail sales soared 1.6% in March
WASHINGTON (AP) — U.S. retail sales surged in March at the fastest pace since late 2017, as spending on autos, gasoline, furniture and clothing jumped.
German government halves 2019 growth forecast to 0.5%
BERLIN (AP) — The German government on Wednesday slashed its 2019 economic growth forecast for the country for the second time this year, halving its outlook to a meager 0.5%.
China’s economic growth steady amid tariff fight with US
SHANGHAI (AP) — China's economic growth held steady in the latest quarter despite a tariff war with Washington as Beijing's efforts to reverse a slowdown started to gain traction.
Central banker predicts level interest rates for 2019
TUPELO, Miss. (AP) — A central banker says he believes interest rates are likely to remain level for the remainder of 2019 if economic growth remains on its current course.
TOKYO (AP) — Asian shares fell Wednesday following a slide on Wall Street amid growing tensions between the U.S. and the European Union and a dim forecast on global economic growth.
German economy forecast to slow sharply
BERLIN (AP) — A group of leading German economic research institutes slashed their growth forecast for the country on Thursday, warning that if Britain leaves the European Union without a deal, it...
WASHINGTON (AP) — Companies added the fewest jobs in 18 months in March, a private survey found, suggesting employers may have grown more cautious as signs of slower economic growth have...
GENEVA (AP) — The World Trade Organization has cut its forecast for trade growth this year by more than a percentage point, to 2.6%, due to an economic slowdown and amid a trade conflict between...
OMAHA, Neb. (AP) — A March survey of business supply managers is signaling solid economic growth over the next three to six months for nine Midwest and Plains states, although the survey report...
WASHINGTON (AP) — U.S. economic growth slowed sharply in the fourth quarter last year to an annual rate of just 2.2 percent. There are concerns that growth has slowed even more in the first...
Correction: Financial Markets story
In a story March 22 about the financial markets, The Associated Press misspelled the name of asset management company Schroders.
World markets slide on concerns over global growth
BANGKOK (AP) — World shares were mostly down on Monday, extending last week's late sell-off as surveys suggest significant slowdowns in economic growth in Europe and the U.S.
WASHINGTON (AP) — The nation's business economists foresee a sharp slowdown in U.S. economic growth over the next two years, in sharp contrast to the Trump administration's predictions that growth...
This Week: Consumer confidence, GDP, Lyft IPO
A look at some of the key business events and economic indicators upcoming this week:
A strong rebound in stocks has helped American consumers feel more confident...
ST. PAUL, Minn. (AP) — Gov. Tim Walz announced a series of tweaks to his budget proposal Friday to reflect projected slower economic growth but stood by his tax plans, which have aroused strong...
WASHINGTON (AP) — President Donald Trump says the economy would have grown much faster last year if the Federal Reserve had not been tightening credit last year.
- The Detroit NewsWells Fargo: Boeing woes to dent US GDP in 2QApril 16, 2019
- Dixon TelegraphSterling home repair program returnsApril 4, 2019
- Idaho State JournalAmmon proposes urban renewal area to spur economic growthMarch 27, 2019
- Wilkes-Barre Citizens' VoiceEconomist: Consumer Spending, Growth Will Remain Solid In NEPAMarch 22, 2019
- The Washington TimesGavin Newsom won over by Trump's Opportunity Zones program, blueprint for economic growthMarch 19, 2019
Contrary to the views of most economists, the Trump administration expects the U.S. economy to keep booming over the next decade on the strength of further tax cuts, reduced regulation and...
Colorado budget writers hear cautious revenue forecasts
DENVER (AP) — Budget writers will carefully consider the long-term sustainability of Gov. Jared Polis' proposal to adopt publicly-funded full-day kindergarten after they heard quarterly economic...
NAIROBI, Kenya (AP) — French President Emmanuel Macron on Wednesday pledged greater partnerships with Kenya in economic development and efforts to improve the environment and to battle regional...
WASHINGTON (AP) — The White House's top budget official acknowledged Tuesday that the federal deficit is ballooning to $1.1 trillion alongside the Republican tax plan but vowed the fiscal picture...
FARGO, N.D. (AP) — North Dakota State University is launching a new research institute that will focus on global innovation, trade and economic growth.
FRANKFURT, Germany (AP) — The European Central Bank took unexpectedly quick action on Thursday to support a slowing economy, joining the U.S Federal Reserve and Chinese leadership in their...
FRANKFURT, Germany (AP) — The Latest on the European Central Bank's monetary policy meeting (all times local):
The European Central Bank has slashed its forecast for economic...
ATHENS, Greece (AP) — Greece's statistical authority says economic growth in 2018 was weaker than forecast, following a slight contraction in the third quarter attributable to a decline in...
WASHINGTON (AP) — The U.S. trade deficit jumped nearly 19 percent in December, pushing the trade imbalance for all of 2018 to widen to a decade-long high of $621 billion. The gap with China on...
- Business WireCoupa Announces the Coupa Business Spend Index, a Leading Indicator of Economic GrowthApril 25, 2019
- Globe NewswireFactors of Influence in 2019, Key Indicators and Opportunity within 1347 Property Insurance, U.S. Auto Parts Network, EMX Royalty, Jason Industries, US Ecology, and Hornbeck Offshore Services — New Research Emphasizes Economic GrowthApril 18, 2019
- Business WireEarly Adopter Health Organizations, ‘Achieving Impact Through Adoption of Innovative Health Technologies: Establishing Early Adopter Health Organizations as an Accelerator for Economic Growth in Ontario’ - an OBIO ReportApril 17, 2019
- Globe NewswireFactors of Influence in 2019, Key Indicators and Opportunity within Berry Global Group, Tuniu, Avista, Information Services Group, ESSA Pharma, and CPS Technologies — New Research Emphasizes Economic GrowthApril 17, 2019
WASHINGTON (AP) — U.S. businesses added a solid 183,000 jobs in February, a private survey found, a sign that companies are continuing to hire even as economic growth is likely...
PARIS (AP) — A top economic watchdog has cut its forecasts for global economic growth due to the impact of trade disputes, Brexit and weakening demand in Europe and China.
BEIJING (AP) — China announced a robust annual economic growth target and a 7.5 percent rise in military spending Tuesday as it convened an annual legislative session overshadowed by a tariff war...
BEIJING (AP) — The Latest on the annual meeting of China's Congress (all times local):
China's top economic official is promising all companies are to be 'treated as equals'...
OMAHA, Neb. (AP) — The Mid-America Business Conditions Index in February hit its highest level since September, signaling solid economic growth over the next three to six months for nine Midwest...
Lower surplus sets up battle lines in Minnesota budget fight
ST. PAUL, Minn. (AP) — Slowing economic growth and a deepening shortage of workers has shrunk Minnesota's projected budget surplus to just over $1 billion, administration officials said Thursday,...
Markets Right Now: Stocks end lower, led by tech losses
NEW YORK (AP) — The latest on developments in financial markets (all times local):
Stocks are closing lower on Wall Street after the government reported that economic growth...
The Latest: Smaller projected surplus sets up battle lines
ST. PAUL, Minn. (AP) — The Latest on Minnesota's shrinking budget surplus (all times local):
Administration officials say slowing economic growth and a deepening worker...
Illinois lawmaker stresses importance of marijuana bills
CHAMPAIGN, Ill. (AP) — A lawmaker from central Illinois stressed the importance of efforts to legalize recreational marijuana during a community forum, saying the industry could drive economic...
Deadly Bangladesh fire shows lapses in development
DHAKA, Bangladesh (AP) — A fire in Bangladesh that killed at least 67 people in the oldest part of the capital shows the lapses in public safety that still plague the South Asian country despite...
Trump-Kim summit host Vietnam is model for economic growth
BANGKOK (AP) — Vietnam, the location of President Donald Trump's next meeting with North Korean leader Kim Jong Un, has come a long way since America abandoned its war against communist North...
US durable goods orders up 1.2 percent in December
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods posted a 1.2 percent advance in December, but much of the strength came from a surge in demand for commercial aircraft,...
European Central Bank concerned by economic slowdown
FRANKFURT, Germany (AP) — Top officials of the European Central Bank worried at their last meeting that the slowdown in economic growth might be "deeper and more broad-based" than previously...
Government shutdown may upend State of the Union speech
WASHINGTON (AP) — A grand Washington ritual became a potential casualty of the partial government shutdown Wednesday as House Speaker Nancy Pelosi asked President Donald Trump to postpone his Jan. 29 State of the Union speech. She cited concerns about whether the hobbled government can provide adequate security, but Republicans cast her move as a ploy to deny Trump the stage.
AP FACT CHECK: Trump plays down hurricane death estimates
WASHINGTON (AP) — In a stormy week, President Donald Trump blustered and distorted reality, denying massive deaths from a hurricane that scientists believe to be one of the nation's deadliest and blowing out of proportion U.S. economic growth and his role in spurring it.
WASHINGTON (AP) — President Donald Trump falsely claimed Friday he's pulled off "an economic turnaround of historic proportions."
Speaking at the White House after the government reported that the economy grew at an annual rate of 4.1 percent in the second quarter, Trump declared that the gains were sustainable and would only accelerate. Few economists outside the administration agree with this claim.
Detroit small businesses going global to push growth
DETROIT (AP) — One of the next stages in Detroit's revitalization could involve China, South Korea, the Middle East or even India through a program that helps businesses market their products in foreign markets while creating jobs for city residents.
Seven companies are learning the ropes of international sales and global partnerships during the first phase of ExporTech Detroit, part of the Detroit Economic Growth Corp's "Built in Detroit" initiative.
AP FACT CHECK: Trump’s half-baked claims on climate, economy
WASHINGTON (AP) — President Donald Trump tried to play it both ways on climate change in describing a warming-but-cooling planet Earth. The unequivocal response, according to data and climate scientists: wrong.
The president's claims about ice caps, from an interview heard Sunday on Britain's ITV News, also were off the mark.
AP FACT CHECK: So where is Trump’s 3 percent growth?
WASHINGTON (AP) — President Donald Trump on Friday praised an America that is "roaring back" just as his government was releasing figures showing a year of economic growth well short of what he told people to expect.
Trump's speech to the World Economic Forum in Davos, Switzerland, overstated U.S. economic performance on several fronts. A look at several of his claims and how they compare with the facts:
AP FACT CHECK: Trump’s truth-warp on taxes; Dems drift, too
WASHINGTON (AP) — You wouldn't know it from President Donald Trump's rhetoric, but the tax overhaul coming into effect is heavily tilted to the rich. It also leaves "Obamacare" in place, despite his assertion that the tax plan repeals the health care law. Nothing about the plan provides the fuel to achieve economic growth at the levels he's predicted.
AP FACT CHECK: Trump imagines 6 percent growth
WASHINGTON (AP) — President Donald Trump is holding out the prospect of 6 percent growth in the U.S. economy. Put that down to puffery.
By most signs, economists say the country will be lucky to achieve consistent annual growth much over 2 percent.
A look at the president's remarks at a Cabinet meeting Wednesday:
—"So we're at 3.3 percent GDP. I see no reason why we don't go to 4 percent, 5 percent, and even 6 percent."