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Economic growth

IMF urges Germany to keep spending amid low growth
The International Monetary Fund on Monday halved its growth forecast for Germany as the eurozone recession takes its toll on the bloc's largest ...
Survey finds China manufacturing shrank in May
China's manufacturing shrank slightly last month, a report said Monday, adding to signs of an uncertain recovery in the world's second-biggest economy
Pakistan may be next in line for an IMF bailout
With foreign reserves diminishing fast, Pakistan is on the brink of an economic crisis that may force its new government to ask for an unpopular ...
Q&A: Abenomics, panacea or peril for Japan?
Recent turmoil in financial markets is raising worries over Japan's economy and the deflation-busting "Abenomics" policies championed by Prime ...
India's economic growth slowest in a decade
India's economy expanded at its slowest pace in a decade last fiscal year, adding to pressure on the government to speed up economic reforms.
Stocks rise as lackluster reports ease Fed concern
The stock market rose Thursday after a pair of lackluster economic reports raised expectations that the Federal Reserve will continue to boost the ...
US economy grew at modest 2.4 pct. rate in Q1
The U.S. economy grew at a modest 2.4 percent annual rate from January through March, slightly slower than initially estimated. Consumer spending was ...
Oil below $93 ahead of US crude inventory data
The price of oil fell below $93 a barrel Thursday amid concerns about global economic growth and as traders awaited the latest U.S. crude inventories ...
US banks report record earnings of $40.3B for Q1
U.S. banks earned more from January through March than during any quarter on record, buoyed by greater income from fees and fewer losses from bad ...
OECD: Europe remains threat to world economy
The recession in Europe risks hurting the world's economic recovery, a leading international body warned Wednesday. In its half-yearly update, the ...
Economic gains boost US confidence to 5-year high
Home prices are surging, job growth is strengthening and stocks are setting record highs. All of which explains why Americans are more hopeful about ...
US consumer confidence rises in May to 5-year high
Americans' confidence in the economy jumped in May to a five-year high, lifted by a better outlook for hiring, rising home prices and more optimism ...
US durable goods orders rise 3.3 percent in April
U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains ...
Between economy and trouble, Obama approval steady
The economy is recovering, the White House is dealing with multiple controversies, and President Barack Obama appears generally unaffected either way.
Applications for US unemployment aid fall to 340K
The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job ...
Survey shows China manufacturing contracting
A survey shows China's manufacturing contracted this month, adding to signs a fragile recovery in the world's No. 2 economy is slowing. HSBC Corp.
Fed weighed slowing its pace of bond purchases
Several Federal Reserve policymakers this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as June — ...
Bernanke signals Fed to maintain stimulus efforts
Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its ...
IMF calls on Britain to do more for growth
The International Monetary Fund has called on Britain to do more to support the economic recovery, urging the government Wednesday to speed up ...
Does France have right plan to revive its economy?
The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite.
Mexico cuts growth outlook from 3.5 to 3.1 percent
The Mexican government says it has cut its economic growth forecast for 2013 from 3.5 percent to 3.1 after exports stagnated and first-quarter GDP ...
Greece faces slow, jobless recovery next year
Greece's deep, six-year recession is likely to end in 2014, but growth will be weak and unemployment will remain above 20 percent for another three ...
Gauge of US economy's future health up in April
A measure of the U.S. economy's future health rose solidly in April, buoyed by a sharp rise in applications to build homes and a better job market.
US consumer prices fall 0.4 pct. on cheaper gas
A plunge in the cost of gas drove down a measure of U.S. consumer prices last month by the most since December 2008. Excluding the drop in fuel costs, ...
Japanese economy grew at 3.5 percent pace in 1Q
Japan's economy grew by a stronger-than-expected 3.5 percent in annual terms last quarter, giving Prime Minister Shinzo Abe a boost as his government ...