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Economic outlook

Fearing 'cliff,' investors finish brutal week
Wall Street is peering over the "fiscal cliff" and feeling vertigo. The stock market finished one of the worst weeks of the year Friday, pushing ...
US economic growth was likely stronger in Q3
The U.S. economy appears to have grown over the summer faster than first thought. U.S. companies sold more goods overseas in September, helping narrow ...
UK to end aid spending in India by 2015
Britain will halt all aid spending in India in 2015 in a significant shift in relations between the emerging economic giant and its former colonial ...
Text of statement by ECB President Mario Draghi
Below is the full text of the statement that European Central Bank President Mario Draghi delivered at his press conference on Thursday. "Ladies and ...
Dow loses 313 in post-election sell-off
Wall Street greeted a second Obama term the way it greeted the first. Investors dumped stocks Wednesday in the sharpest sell-off of the year. With the ...
The economy Obama faces: Slow but gaining steadily
Some reward. Here's the assignment President Barack Obama has won with his re-election: Improve an economy burdened by high unemployment, stagnant ...
EU: Eurozone recession to be worse, rebound slower
Europe's economy is still reeling and unemployment could remain high for years despite the progress made in solving the debt crisis, the European ...
US futures reverse course, fall on European crisis
U.S. stock futures reversed course and declined sharply Wednesday after dire warnings from Europe of a broad recession there is now all but certain.
German experts lower growth forecast, urge savings
Germany's government must do more to cut spending to get its deficit under control as the economy is weakening faster than earlier expected, the ...
Exit poll: Hint of economic optimism boosted Obama
Voters who feel the economic outlook brightening after years of misery and believe Barack Obama better understands people like themselves propelled ...
Post-storm construction hiring may aid US economy
Hiring in the long-depressed U.S. construction industry will get a boost from the rebuilding that will follow Superstorm Sandy. Those jobs, in turn, ...
Mood of the Nation: Some optimism amid struggles
On the eve of the 2012 elections, The Associated Press interviewed dozens of Americans to try to gauge the economic mood of the nation. People were ...
US Oct. jobs report likely to show modest hiring
The October employment report the government will release Friday will likely solidify the picture of the U.S. job market that's emerged this year: ...
Consumers give US economy a lift before election
A flurry of data issued Thursday sketched a brightening view of the U.S. economy in the final days before a presidential election that will pivot on ...
US worker productivity grew 1.9 pct. rate in Q3
U.S. worker productivity grew at the same modest rate this summer as in spring, a sign that companies may be nearing the limits on how much output ...
Eurozone unemployment rises to new record
Unemployment in the 17-country eurozone hit a record high of 11.6 percent in September, official figures showed Wednesday, a sign the economy is ...
World markets gain in face of US superstorm
World markets rose and Wall Street prepared to get back to business Wednesday after a mammoth storm pummeled the U.S. East Coast, forcing forced the ...
Storm's cost may hit $50B; rebuilding to ease blow
Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS ...
Japan central bank ups asset buys to aid economy
Japan's central bank expanded a government bond-buying program Tuesday, vowing to spur growth as it further downgraded the country's economic outlook ...
Asia stocks post modest gains ahead of BOJ meeting
Asian stock markets posted modest advances Monday, with traders widely expecting the Bank of Japan to announce new measures to help the country break ...
Survey: German consumers increasingly confident
German consumers are increasingly optimistic despite continuing problems in the eurozone, a closely-watched survey showed Friday, buoying hopes that ...
US economy likely grew slowly last quarter
The government's snapshot Friday of the U.S. economy's growth will be its last before Americans choose a president in 11 days. It probably won't sway ...
Weak business spending drags on US growth
Companies are holding off on purchases of computers, industrial equipment and other long-lasting manufactured goods, a trend that's slowing the U.S.
AP-GfK poll: Romney edging out Obama on economy
Americans are growing increasingly optimistic about the future of the U.S. economy, and likely voters trust Republican Mitt Romney slightly more than ...
Asia stocks rise on continued optimism over China
Asian stock markets mostly rose Thursday as investors kept their sights on a possible improvement in China's economy. A key survey of Chinese ...