Economic growth

A child plays with a balloon at a clothing store having a promotion sale in Beijing, Monday, July 15, 2019. China's economic growth sank to its lowest level in at least 26 years in the quarter ending in June, adding to pressure on Chinese leaders as they fight a tariff war with Washington. (AP Photo/Andy Wong)
July 15, 2019 - 12:46 pm
BEIJING (AP) — China's economic growth sank to its lowest level in at least 26 years in the quarter ending in June, adding to pressure on Chinese leaders as they fight a tariff war with Washington. The world's second-largest economy grew 6.2% over a year ago, down from the previous quarter's 6.4%,...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, July 15, 2019. Shares are mixed in Asia, led by gains in Chinese markets after the government reported that the economy grew at the slowest pace in a decade in the last quarter. (AP Photo/Ahn Young-joon)
July 15, 2019 - 6:40 am
BANGKOK (AP) — Global shares were mixed Monday after China reported that its economy grew at the slowest pace in at least 26 years in the last quarter, leading investors to opt for caution despite Friday's record highs on Wall Street. Tariff hikes by President Donald Trump have battered Chinese and...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, July 15, 2019. Shares are mixed in Asia, led by gains in Chinese markets after the government reported that the economy grew at the slowest pace in a decade in the last quarter. (AP Photo/Ahn Young-joon)
July 15, 2019 - 2:18 am
BANGKOK (AP) — Shares were mixed in Asia on Monday, with gains in Chinese markets on hopes for fresh stimulus measures after the government reported that the economy grew at the slowest pace in a decade in the last quarter. Analysts said the 6.2% annual rate of growth reported for April-June...
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July 14, 2019 - 9:23 pm
BEIJING (AP) — China's economic growth slowed further in the quarter ending in June, dragged down by a tariff war with Washington and weak consumer spending. Data on Monday showed the world's second-largest economy expanded by 6.2% over a year earlier, down from the previous quarter's 6.4%. Chinese...
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Federal Reserve Chair Jerome Powell presents the monetary policy report to the Senate Banking Committee, July 11, 2019, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
July 11, 2019 - 2:34 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell, testifying for a second day before Congress, said Thursday that the economy is in a "very good place" despite headwinds and that the Fed is prepared to do what it can to "keep it there." Powell's comments before the Senate Banking Committee...
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FILE - In this June 19, 2019, file photo Federal Reserve Chairman Jerome Powell concludes a news conference following a two-day Federal Open Market Committee meeting in Washington. On Wednesday, July 10, the Federal Reserve releases minutes from its June meeting when it left rates unchanged. (AP Photo/Manuel Balce Ceneta, File)
July 10, 2019 - 10:10 am
WASHINGTON (AP) — Chairman Jerome Powell signaled Wednesday that the Federal Reserve is likely to cut interest rates late this month for the first time in a decade in light of a weakening global economy and rising trade tensions. Delivering the central bank's semiannual report to Congress, Powell...
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European Commissioner for Economic and Financial Affairs Pierre Moscovici, left, speaks with European Commissioner for Migration and Home Affairs Dimitris Avramopoulos during the weekly college meeting at EU headquarters in Brussels, Wednesday, July 3, 2019. (AP Photo/Virginia Mayo)
July 10, 2019 - 4:49 am
BRUSSELS (AP) — The European Union said Wednesday it has trimmed its forecasts for economic growth next year as global trade tensions weigh on the bloc's export-focused manufacturers. The EU executive commission reduced its forecast for next year for both the 19-country eurozone and the 27...
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A trader works at the New York Stock Exchange, Friday, July 5, 2019 in New York. (AP Photo/Mark Lennihan)
July 05, 2019 - 3:39 pm
Bond yields rose and stocks mostly bounced back from an early slide to finish with modest losses Friday, a downbeat end on Wall Street to an otherwise milestone-setting week for the broader market. The small decline snapped a six-day winning streak for the S&P 500, though the benchmark index...
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Indian Chief Economic Advisor K.V. Subramanianin addresses a press conference on the Indian government report on the state of economy in New Delhi, India, Thursday, July 4, 2019. India's government says the economy is expected to grow at 7% in 2019-20, up from a five-year low of 6.8% in the past year. Indian Finance Minister Nirmala Sitharaman presents the economic report in Parliament on Thursday, a day before unveiling the annual federal budget. India's financial year runs April-March. (AP Photo/Manish Swarup)
July 04, 2019 - 4:26 am
NEW DELHI (AP) — India's government said Thursday the economy is expected to grow at 7% in 2019-20, up from a five-year low of 6.8% in the past year. Finance Minister Nirmala Sitharaman presented the economic report in Parliament a day before unveiling the annual federal budget after her Hindu...
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FILE - In this May 2, 2019, file photo Mark Carney the Governor of the Bank of England speaks during an Inflation Report Press Conference at the Bank of England in the City of London. The Bank of England is open to the idea of letting new payment services such as Facebook's upcoming Libra hold funds with the central bank, Carney said Thursday, June 20. (AP Photo/Matt Dunham, Pool, File)
July 03, 2019 - 6:36 am
LONDON (AP) — Britain's economy showed alarming signs of a sharp slowdown, possibly even into recession, as uncertainty over Brexit combines with a less benign global backdrop, according to a closely watched survey of business activity in the U.K. released Wednesday. The survey, from financial...
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