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Economic growth
March 31, 2020
World Bank sees outbreak taking a big toll on Asia's economy
The World Bank is estimating that the cornavirus outbreak will cause economic growth to slow significantly this year in China ...
March 27, 2020
Coronavirus deals one-two financial punch to state budgets
The coronavirus is pounding state governments with a financial one-two punch, costing them millions to try to contain the ...
March 26, 2020
US economy grew at 2.1% rate in fourth quarter
The economy grew by a moderate 2.1% in the fourth quarter of last year, but many economists believe that will be the last ...
March 24, 2020
Trump says he intends to reopen country in weeks, not months
As cases of coronavirus rise, President Donald Trump said that he wants to reopen the country for business in weeks, not ...
March 22, 2020
Trump's fate tied to an unknown: how fast economy recovers
The coronavirus has flung the U.S. economy into a dangerous tailspin, and President Donald Trump's reelection hopes are ...
March 17, 2020
New Zealand announces economic stimulus equal to 4% of GDP
New Zealand's government said Tuesday it would spend billions of dollars supporting hard-hit companies as it tries to shore ...
March 12, 2020
China auto sales plunge in February amid virus shutdown
China’s auto sales plunged 81.7% in February from a year ago after much of the economy was shut down to fight a virus ...
March 09, 2020
AP FACT CHECK: Trump and the myriad costs of cheaper oil
President Donald Trump is suggesting Americans should be happy about a plunge in oil prices because it'll mean cheaper gas.
March 03, 2020
Hit by power shortages, South Africa's economy in recession
Widespread power cuts are blamed for pushing South Africa's economy, the continent's most industrialized, into recession, ...
March 03, 2020
Malaysian central bank cuts key rate to counter slowdown
Malaysia's central bank reduced its key overnight policy rate by 0.25 percentage points to 2.5% on Tuesday, citing worsening ...
March 03, 2020
Australia cuts rate to record low 0.5% to fight virus impact
Australia’s central bank on Tuesday cut its benchmark interest rate by a quarter of a percentage point to a record low of 0.
February 29, 2020
China uses dairy factory to show it's getting back to work
As milk bottles and yogurt six-packs zipped past on a conveyor belt at a state-owned dairy, reporters heard a sales pitch ...
February 28, 2020
US consumer spending slowed in January while incomes jumped
Americans pulled back on their spending in January, even as their incomes surged, a sign the economy was growing modestly ...
February 28, 2020
Investors shy away from risk as coronavirus rattles markets
This week’s big sell-off on Wall Street suggests stocks have finally caught up to the bond market, where fear of an economic ...
February 26, 2020
US new-home sales climbed 7.9% in January
U.S. sales of new homes jumped 7.9% in January to the fastest pace in more than 12 years, a positive sign for economic growth
February 25, 2020
Mexico data confirm 0.1% economic contraction in 2019
Mexico’s economy entered a recession and contracted 0.1% in 2019, the first year of President Andrés Manuel López Obrador’s ...
February 24, 2020
Virus outbreak chills markets, outlook for global economy
The widening coronavirus outbreak threatens to seriously disrupt the global economy, just as it was steadying itself against ...
February 21, 2020
China suspends more penalties on US goods after trade truce
China on Friday suspended more punitive tariffs on imports of U.S. industrial goods in response to a truce in its trade war ...
February 21, 2020
Eurozone economy picks up despite virus disruption
Business in the 19-country eurozone has picked up in February from a deep slump, particularly in Germany's big industrial ...
February 20, 2020
WH report says economy accelerated under Trump
A new White House report says the U.S. economy is growing faster than expected, even though the annual gains of 3% that ...
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