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US economic growth for last quarter is revised up to a solid 3% annual rate
WASHINGTON (AP) — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said Thursday in an upgrade of its initial assessment.
Will the Federal Reserve cut interest rates fast enough to deliver a 'soft landing'?
WASHINGTON (AP) — American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised to announce this week: That it's from a two-decade peak.
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As Kamala Harris rises to power, her 3-word agenda threatens every American's freedom and financial security. Get the inside scoop and
Mario Draghi has solutions for Europe's sluggish economy. Will EU governments listen?
BRUSSELS (AP) — A long-awaited report on how to rescue Europe's economy from and red tape is in. The question is, how many of its recommendations will actually be enacted by the drawn-out decision-making process of the European Union?
Jobs report will help Federal Reserve decide how much to cut interest rates
WASHINGTON (AP) — Friday's monthly jobs report will likely mark a pivotal moment for the economy and
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Asian shares mostly slip as market focus turns from Nvidia to US economy
TOKYO (AP) — Asian shares mostly fell Thursday as market attention turned to upcoming data on the U.S. economy after .
U.S. Latinas contributed $1.3 trillion to the GDP, about as much as Florida's economy, report finds
Latinas contributed $1.3 trillion to the U.S. gross domestic product in 2021, up from $661 billion in 2010 and at a growth rate nearly triple that of non-Latinos during the same time period, according to a funded by Bank of America and conducted by professors at California Lutheran University and UCLA.
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Gov. Jim Justice tries to halt foreclosure of his West Virginia hotel as he runs for US Senate
CHARLESTON, W.Va. (AP) — Gov. Jim Justice is in a as he runs for U.S. Senate to keep a historic West Virginia hotel at his luxury resort before it's auctioned off next week due to unpaid debts.
Kayak CEO says being number 2 to Google in travel searches is 'not a bad place to be'
Travel is booming, with record numbers of passengers surging through U.S. airports, and Kayak CEO Steve Hafner says searches on his company's site are still rising as people start to think about holiday trips.
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FACT FOCUS: Trump blends falsehoods and exaggerations at rambling NJ press conference
Former President Donald Trump on Thursday gave his in as many weeks as he adjusts to a newly energized Democratic ticket ahead of next week's Democratic National Convention.
UK economy grows 0.6% between April and June as it recovers from recession
LONDON (AP) — Britain's economy continued its recovery from recession at the end of last year, with its GDP increasing by 0.6% between April and June, official figures showed Thursday.
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Americans' refusal to keep paying higher prices may be dealing a final blow to US inflation spike
WASHINGTON (AP) — The great inflation spike of the past three years is nearly spent — and economists credit for helping slay it.
As South Sudan's oil revenues dwindle, even the security forces haven't been paid in months
JUBA, South Sudan (AP) — The recent rupture of a crucial oil pipeline has sent fresh pain through the economy of South Sudan, where even the security forces haven't been paid in nine months. Some soldiers and civil servants are turning to side hustles or abandoning their jobs.
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Japan's share benchmark soars nearly 11% a day after massive sell-offs that shook Wall Street
NEW YORK (AP) — Japan’s benchmark Nikkei 225 index soared more than 10% early Tuesday, a day after it set markets tumbling in Europe and on Wall Street. Other markets in Asia appeared to have settled somewhat after the rollercoaster ride that started the week.
Unemployment rise spurs fears of slowdown, yet recession signals have been wrong -- so far
WASHINGTON (AP) — A surprising last month has and set off new worries about the threat of a recession — but it could also prove to be a false alarm.
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Inflation ticks up in Europe, complicating the European Central Bank's next move
FRANKFURT, Germany (AP) — Inflation in the 20 countries that use the euro ticked up to 2.6% in July, stubbornly above the target and complicating the ECB's next decision on whether to cut interest rates and boost as the economy struggles to stage a convincing recovery after more than a year of stagnation.
Ethiopia's currency dives by 30% as IMF-backed reforms to stabilize the economy take effect
ADDIS ABABA, Ethiopia (AP) — Ethiopia's currency lost 30% of its value Tuesday, the day after the central bank began implementing a flexible exchange rate policy backed by the International Monetary Fund as part of new measures to stabilize the eastern African nation's economy.
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Fed's preferred inflation gauge cools, adding to likelihood of a September rate cut
WASHINGTON (AP) — The Federal Reserve's favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the Fed to this fall.
China cuts 1-year benchmark rate, moving to boost economy as world markets languish
BANGKOK (AP) — China ratcheted up its effort to reinvigorate its economy Thursday by cutting a key policy rate and interest paid on bank deposits.
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Thailand is set to roll out a controversial $13.8 billion handout plan in digital money to citizens
BANGKOK (AP) — Thailand's prime minister said Monday that eligible businesses and individuals can register from August for digital cash handouts, that will cost billions of dollars and is meant to boost the lagging economy.
China's economy slowed in the last quarter as weak consumer demand dragged on growth
BANGKOK (AP) — China's economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter, the government reported Monday, while emphasizing signs of improvement in factory output, income and investment.
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Stock market today: Asian stocks are mixed after Wall Street edges to more records
HONG KONG (AP) — Asian stocks were mixed on Wednesday after U.S. benchmarks ticked to more records following the latest signs that the U.S. economy without falling into recession.
China keeps lending rate unchanged as data show housing market is still struggling
BANGKOK (AP) — China's central bank kept a key lending rate unchanged on Monday, choosing not to loosen credit as data for May showed signs of persisting weakness in the world's No. 2 economy's manufacturing and real estate sectors.
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The same team that predicted Biden's downfall ... now warns of a new threat. Learn how to safeguard your future.
Biden's team asks CEOs how to further boost the economy while Trump says business is on his side
WASHINGTON (AP) — On the campaign trail, likes to take a hard thwack at corporate America.
Is the US job market beginning to weaken? Friday's employment report may provide hints
WASHINGTON (AP) — Tentative signs have emerged that the U.S. economy is cooling in a way that would be welcomed by the Federal Reserve's inflation fighters: Companies are posting , consumer spending and wage growth, while still healthy, is gradually slowing.
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Stock market today: Asian shares decline after report shows US manufacturing contracted in May
Asian shares retreated on Tuesday after a report showed that U.S. manufacturing contracted in May, in the latest sign the economy is slowing.
China factory indicator falls in May, suggesting growth has faltered
Factory activity in China slowed more than expected in May, suggesting further pressure on an economy already burdened by a prolonged crisis in the property industry, according to an official survey released Friday.
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