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Economic outlook

US economy likely rebounded in first quarter
U.S. economic growth likely accelerated from January through March from a near-stall at the end of 2012, propelled by a revival in housing, steady ...
US applications for unemployment aid drop to 339K
The number of Americans seeking unemployment benefits fell last week to a seasonally adjusted 339,000, the second-fewest in more than five years.
German government raises 2013 growth outlook
The German government on Thursday raised slightly its growth forecast for this year, though it still expects Europe's biggest economy to expand by ...
SKorea's economic growth hits 2-year high in 1Q
South Korea's economy expanded at the fastest level in two years in the first quarter as capital expenditure and exports turned higher, the central ...
Predictions of ECB rate cut grow as growth fades
Evidence that Europe's economic downturn is weighing more heavily on its strongest member, Germany, has convinced more and more experts that the ...
German business optimism falls more than expected
A key measure of German business optimism fell in April, suggesting Europe's biggest economy might not be rebounding as expected and likely putting ...
UN lowers 2013 Latin America growth forecast
The economy of Latin America and the Caribbean is expected to grow by 3.5 percent this year, less than previously forecast, because of uncertainty ...
Stocks recover slightly, ending tough week
Strong earnings from a pair of technology giants helped the stock market recover some of its losses Friday, a positive end to Wall Street's worst week ...
Poll: Public pessimism on economy is increasing
For the third year in a row, the nation's economic recovery has hit a springtime soft spot. Reflecting that weakness, only 1 in 4 Americans now ...
Fitch cuts British bond rating from AAA
Fitch Ratings on Friday stripped the U.K. of its cherished top AAA credit score, citing a weaker economic outlook that continues to hinder the country ...
US unemployment aid applications rise to 352K
The number of Americans seeking unemployment benefits increased just 4,000 last week to a seasonally adjusted 352,000. The slight gain kept ...
Measure of US economy's health declines in March
A measure of the U.S. economy's future health declined slightly in March, signaling that growth could slow this spring. The Conference Board says its ...
Oil slide continues, falls below $87 a barrel
Oil dove again Wednesday, the latest in a series of declines that has pushed the price down by $10 a barrel over two weeks. This time, it was an ...
Fed survey: Housing and auto sales lift US economy
A strengthening housing recovery and robust auto sales contributed to moderate economic growth across the United States in late February and March, ...
Oil falls to near $87 a barrel on growth concerns
The price of crude oil dropped to near $87 a barrel Wednesday amid concerns over the outlook for global economic growth. By early afternoon in Europe, ...
France follows IMF in slashing growth forecasts
The French government has finally bowed to reality, lowering its official economic growth projections and acknowledging that its deficit won't fall ...
Asian stocks rebound on the heels of US rally
Asian stock markets rose Wednesday, boosted by a strong U.S. housing report and better-than-expected corporate earnings that added further evidence ...
China's struggle to measure economy clouds outlook
After China reported quarterly economic growth of 7.7 percent this week — far above anemic U.S. and European performance — global markets reacted by ...
Correction: Afghanistan-Opium story
In an April 15 story about a U.N. report on opium production in Afghanistan, The Associated Press miscalculated the price per pound for opium.
Falling commodities give Dow worst day of the year
Worries about an economic slowdown in China fueled a steep drop in commodity prices Monday, spooking investors and giving the stock market its worst ...
China's economic growth slows in first quarter
China's economic growth slowed unexpectedly in the first three months of the year, fueling concern about the strength of its shaky recovery.
Cyprus president to ask EU for more help
Cyprus' president said Friday he will ask the European Union to provide more help for the crisis-hit country, which has to pay for most of its ...
US retail sales fall 0.4 percent in March
Sales at U.S. retailers fell in March from February, indicating that higher taxes and weak hiring likely made some consumers more cautious about ...
US businesses boosted stockpiles only 0.1 pct.
U.S. companies restocked their shelves at a much slower pace in February than January, a sign they expected consumer and business spending to weaken.
Cyprus bailout swells to $30 billion
The cost of bailing out Cyprus has swollen to 23 billion euros ($30 billion), with the crisis-hit country having to take on the lion's share of the ...