Economic Growth

International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during a news conference during the World Bank/IMF Annual Meetings in Washington, Thursday, Oct. 17, 2019. (AP Photo/Jose Luis Magana)
October 17, 2019 - 2:27 pm
WASHINGTON (AP) — The International Monetary Fund's new leader said Thursday that a trade truce between the United States and China could trim expected losses to the world economy but won't be enough to produce strong global growth. Before last week's tentative trade agreement, the IMF had...
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October 10, 2019 - 4:50 am
BEIJING (AP) — An annual survey of China's wealthiest businesspeople found they got richer this year despite a tariff war with Washington and slowing economic growth. The Hurun Report said Thursday the average net worth of China's richest 1,800 people rose 10% over 2018 to $1.4 billion. Jack Ma,...
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Specialists Mario Picone, left, and Anthony Rinaldi work on the floor of the New York Stock Exchange, Monday, Oct. 7, 2019. Stocks are opening broadly lower on Wall Street, extending the market's losing streak into a fourth week. (AP Photo/Richard Drew)
October 07, 2019 - 2:07 pm
Stocks veered modestly higher on Wall Street Monday afternoon following a choppy day of trading that had the market on track to recoup some of its losses from last week. Communication services stocks, technology companies and banks drove much of the gains, offsetting losses in consumer product...
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FILE - In this May 23, 2019, file photo, customers shop near a section selling Marvel Avengers toys by American toymaker Hasbro at a toy store in Beijing. The nation's business economists think President Donald Trump's trade war with China will contribute to a sharp slowdown in economic growth this year and next, raising concerns about a possible recession starting late next year. (AP Photo/Andy Wong, File)
October 07, 2019 - 3:37 am
WASHINGTON (AP) — The nation's business economists think President Donald Trump's trade war with China will contribute to a sharp slowdown in economic growth this year and next, raising concerns about a possible recession starting late next year. The latest survey by a panel of 51 forecasters with...
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In this Sept. 17, 2019, photo job seekers line up to speak to recruiters during an Amazon job fair in Dallas. On Friday, Oct. 4, the U.S. government issues the September jobs report. (AP Photo/LM Otero)
October 04, 2019 - 11:58 am
WASHINGTON (AP) — The U.S. economy added a modest 136,000 jobs in September, a gain that managed to help lower the unemployment rate to a new five-decade low of 3.5% but also suggested rising caution among employers. The additional hiring and the drop in the jobless rate will likely ease worries...
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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 Thursday, Oct. 3. (AP Photo/Frank Franklin II, File)
October 03, 2019 - 4:48 pm
Technology and health care companies helped U.S. stocks rebound broadly from an early sell-off Thursday, snapping the market’s steep two-day skid. The Dow Jones Industrial Average swung from a loss of more than 330 points to a gain of more than 120 after another disappointing economic report raised...
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FILE - In this Nov. 9, 2019, file photo shoppers make their way through the toy isles at a Walmart Supercenter in Houston. The National Retail Federation, the nation’s largest retail trade group, announced on Thursday, Oct. 3, 2019, that it is forecasting that holiday sales will rise between 3.8% and 4.2% even as uncertainty looms over an escalating trade war with China. (AP Photo/David J. Phillip, File)
October 03, 2019 - 12:23 pm
NEW YORK (AP) — The National Retail Federation, the nation’s largest retail trade group, forecasts that holiday sales will rise between 3.8% and 4.2% even as uncertainty looms over an escalating trade war with China. The holiday sales forecast, announced Thursday, marks an increase from the...
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FILE - This Aug. 23, 2019, file photo shows the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Oct. 2. (AP Photo/Frank Franklin II, File)
October 02, 2019 - 12:14 pm
NEW YORK (AP) — U.S. stocks accelerated their losses Wednesday as investors retreated amid more disappointing economic news and the growing threat of a global slowdown. The Dow Jones Industrial Average was down nearly 500 points as of noon Eastern time, or 1.9%, following a decline of 1.3% a day...
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FILE - In this Sept. 18, 2019, file photo stock prices are displayed at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Oct. 1. (AP Photo/Mark Lennihan, File)
October 01, 2019 - 2:53 pm
NEW YORK (AP) — U.S. stocks sank to their worst loss in five weeks on Tuesday after a surprisingly limp report on the nation's manufacturing stirred worries about the economy's strength. The report showed that manufacturing weakened in September for the second straight month as President Donald...
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FILE - In this Sept. 18, 2019, file photo Stock trader Gregory Rowe works at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Sept. 27. (AP Photo/Mark Lennihan, File)
September 27, 2019 - 4:47 pm
Wall Street capped a choppy week with a second straight weekly loss for the S&P 500 Friday as worries about a potential escalation in the trade war between the U.S. and China erased early gains. Technology companies led the broad slide as investors weighed a report saying the Trump...
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