Economic growth

September 08, 2019 - 10:19 pm
TOKYO (AP) — The Japanese government has revised economic growth data for the April-June quarter, saying the growth had been slightly weaker than initially estimated. The Cabinet Office reported Monday that real gross domestic product, or GDP — the total value of a nation's goods and services — had...
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FILE - In this Aug. 23, 2019, file photo pedestrians pass the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Sept. 6. (AP Photo/Frank Franklin II, File)
September 08, 2019 - 10:17 pm
TOKYO (AP) — Asian shares were mostly higher Monday as the week started with a mix of economic data for the region and the U.S. Japan's benchmark Nikkei 225 rose 0.5% in early trading to 21,294.14. Australia's S&P/ASX 200 edged up nearly 0.1% to 6,652.20. South Korea's Kospi gained 0.6% to 2,...
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FILE - In this Aug. 6, 2019, file photo, a woman walks by a money exchange shop decorated with different countries currency banknotes at Central, a business district in Hong Kong. China's trade with the United States fell sharply in August as a tariff war that threatens global economic growth worsened. (AP Photo/Kin Cheung, File)
September 08, 2019 - 6:33 am
BEIJING (AP) — China's trade with the United States is falling as the two sides prepare for negotiations with no signs of progress toward ending a tariff war that threatens global economic growth. Imports of American goods tumbled 22% in August from a year earlier to $10.3 billion, customs data...
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FILE - In this Aug. 14, 2019, file photo company representatives from Verizon, Goodwill, Kaiser Permanente and UPS, right, talk with potential applicants during a job and resource fair in Atlanta. On Friday, Sept. 6, the U.S. government issues the August jobs report. (Bob Andres/Atlanta Journal-Constitution via AP, File)
September 06, 2019 - 4:08 pm
WASHINGTON (AP) — Hiring by U.S. employers was slower but steady in August, and hourly pay jumped — trends that should sustain the U.S. economy's record-long expansion in the coming months. Yet with the economy still under threat from a weak global economy and President Donald Trump's trade war...
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FILE - In this June 1, 2019, photo, file a man carries a paper bags containing toys purchased from the FAO Schwarz as people shop at the newly open FAO Schwarz toy store at the capital city's popular shopping mall in Beijing. Caught in the crossfire of a trade war, American businesses operating in the China say they’ve been hurt by the hostilities between the world’s two biggest economies and are facing increasingly unfair competition from Chinese firms. (AP Photo/Andy Wong, File)
September 05, 2019 - 11:03 am
BEIJING (AP) — U.S. and Chinese envoys will meet in early October for more talks aimed at ending a tariff war that threatens global economic growth. Stock markets rose on Thursday's announcement but there has been no sign of progress since Presidents Donald Trump and Xi Jinping agreed in June to...
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In this July 22, 2019, trucks hauling shipping containers wait to unload at the Port of Oakland in Oakland, Calif. On Wednesday, Sept. 4, the Federal Reserve releases its latest ‘Beige Book’ survey of economic conditions. (AP Photo/Ben Margot)
September 04, 2019 - 2:02 pm
WASHINGTON (AP) — The Federal Reserve says the U.S. economy is still growing steadily and most businesses are optimistic, even in the face of President Trump's trade wars. In The Fed's latest report on economic conditions nationwide, hiring increased modestly in most industries, though...
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In this photo released by Lebanon's official government photographer Dalati Nohra, Lebanese President Michel Aoun, center, meets with political leaders with the aim of finding solutions to the country's economic crisis, in the presidential palace, in Baabda, east of Beirut, Lebanon, Monday, Sept. 2, 2019. Aoun said in a speech at the opening of the one-day session that everyone should make "sacrifices" in order to get one of the world's most indebted countries out of its problems. (Dalati Nohra via AP)
September 04, 2019 - 8:50 am
BEIRUT (AP) — An international ratings agency warned Wednesday there is a risk that customer deposit flows, particularly by nonresidents, could continue to decline in Lebanon, resulting in an accelerated drawdown of foreign currency reserves that would test the highly indebted country's ability to...
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FILE - In this June 12, 2019, file photo General Motors employees work on the chassis line as they build the frame, power train and suspension onto the truck's body at the Flint Assembly Plant in Flint, Mich. On Tuesday, Sept. 3, the Institute for Supply Management, a trade group of purchasing managers, issues its index of manufacturing activity for August. (Jake May/The Flint Journal via AP, File)
September 03, 2019 - 2:21 pm
WASHINGTON (AP) — The U.S.-China trade war and slower global growth are weighing on the U.S. economy, with manufacturing activity shrinking in August for the first time in three years. A survey by the Institute for Supply Management, an association of purchasing managers, on Tuesday showed that...
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In this photo released by Lebanon's official government photographer Dalati Nohra, Lebanese President Michel Aoun meets with political leaders with the aim of finding solutions to the country's economic crisis, in the presidential palace, in Baabda, east of Beirut, Lebanon, Monday, Sept. 2, 2019. Aoun said in a speech at the opening of the one-day session that everyone should make "sacrifices" in order to get one of the world's most indebted countries out of its problems. (Dalati Nohra via AP)
September 02, 2019 - 1:58 pm
BEIRUT (AP) — Lebanon's political leaders declared what they called an economic state of emergency Monday following a meeting aimed at finding a solution to the country's economic crisis, raising concerns that more taxes will be imposed. Lebanon has one of the world's highest public debts in the...
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FILE - In this June 14, 2019, file photo a customer shows off his personalized Levi's tee shirt in the Levi's store, in New York's Times Square. The U.S. economy slowed in the spring, and most analysts expect it to weaken further in the months ahead. Yet the main driver of growth, consumer spending, remains vigorous enough to keep the economy growing steadily if still modestly. (AP Photo/Richard Drew, File)
August 29, 2019 - 1:46 pm
WASHINGTON (AP) — The U.S. economy slowed in the spring, and most analysts expect it to weaken further in the months ahead. Yet the main driver of growth — consumer spending — remains vigorous enough to keep the economy growing steadily if still modestly. Spending by households, which accounts for...
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