Economic Growth

FILE - In this June 19, 2019, file photo cargo containers are stacked on a ship at the Port of Los Angeles in Los Angeles. On Thursday, June 27, the Commerce Department issues the third and final estimate of how the U.S. economy performed in the January-March quarter. (AP Photo/Marcio Jose Sanchez, File)
June 27, 2019 - 9:36 pm
WASHINGTON (AP) — The U.S. economy grew at a healthy 3.1% rate in the first three months of this year, but signs are mounting that growth has slowed sharply in the current quarter amid slower global growth and a confidence-shaking trade battle between the United States and China. The gain in the...
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FILE - In this June 20, 2019, file photo trader Joseph Lawler works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, June 26. (AP Photo/Richard Drew, File)
June 26, 2019 - 5:09 pm
Stocks closed slightly lower on Wall Street Wednesday after an early rally fueled by optimism over the next round of trade talks between the U.S. and China lost momentum toward the end of the day. The wobbly finish extended the S&P 500 index's losing streak to a fourth straight day, though the...
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FILE - In this July 27, 2017, shows a Federal Express employee makes a delivery at an AT&T store in Hialeah, Fla. FedEx Corp. reports financial earnings on Tuesday, June 25, 2019. (AP Photo/Alan Diaz, File)
June 25, 2019 - 8:10 pm
DALLAS (AP) — FedEx Corp. posted weak quarterly results in its core express business and warned Tuesday that its profit in the year ahead will be hurt by slowing growth in the world economy and the decision to drop a contract with retail giant Amazon. The delivery company reported a quarterly loss...
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Federal Reserve Chair Jerome Powell speaks on the economy outlook and monetary policy review at the Council on Foreign Relations, in New York, Tuesday, June 25, 2019. (AP Photo/Richard Drew)
June 25, 2019 - 3:41 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday the economic outlook has become cloudier since early May, with rising uncertainties over trade and global growth causing the central bank to reassess its next move on interest rates. Speaking to the Council on Foreign Relations...
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FILE - In this June 19, 2019, file photo trader Robert Chamak works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, June 25. (AP Photo/Richard Drew, File)
June 25, 2019 - 2:43 pm
Stocks fell on Wall Street in afternoon trading Tuesday after discouraging economic data and cautionary remarks from the head of the Federal Reserve stoked investors' worries that the U.S. economy is slowing. In an early afternoon speech, Fed Chairman Jerome Powell noted that the economic outlook...
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President Donald Trump awards the Presidential Medal of Freedom to economist Arthur Laffer, Wednesday June 19, 2019, in the Oval Office of the White House in Washington. (AP Photo/Jacquelyn Martin)
June 19, 2019 - 6:35 pm
WASHINGTON (AP) — President Donald Trump awarded the Presidential Medal of Freedom on Wednesday to economist Arthur Laffer, whose disputed theories on tax cuts have guided Republican policy since the 1980s. Laffer, 78, advised Trump during his presidential campaign and co-wrote a flattering book, "...
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FILE - In this June 6, 2019, file photo specialist Anthony Rinaldi, left, and trader Fred DeMarco work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, June 14. (AP Photo/Richard Drew, File)
June 14, 2019 - 5:01 pm
NEW YORK (AP) — Stocks ended a choppy week of trading with modest losses Friday as investors look forward to getting more clues about the direction of interest rates. Technology shares drove the declines, and energy stocks also fell a day after leading the market. Some late-day gains in banks and...
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President Donald Trump, first lady Melania Trump, Polish President Andrzej Duda, and his wife Agata Kornhauser-Duda watch a flyover of a F-35 Lightning II jet at the White House, Wednesday, June 12, 2019, in Washington. (AP Photo/Alex Brandon)
June 12, 2019 - 6:50 pm
WASHINGTON (AP) — The United States will send 1,000 more troops to Poland as part of a growing security and economic partnership between the two countries, President Donald Trump said Wednesday. He and Polish President Andrzej Duda differed over Russia's intentions toward the U.S. ally. At a time...
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June 11, 2019 - 10:31 am
NEW YORK (AP) — U.S. stocks marched higher in early trading Tuesday on Wall Street and extended a winning streak that has recouped much of May's sharp losses. The strong opening marks the sixth consecutive day of gains. Stocks are moving closer to erasing the 6.6% decline in May that was fueled by...
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FILE - In this May 28, 2019, file photo specialist Peter Mazza, left, and trader Stephen Gilmartin work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 31. (AP Photo/Richard Drew, File)
May 31, 2019 - 5:27 pm
Wall Street is no fan of Tariff Man. The stock market stumbled Friday to its first losing month of 2019 in May, primarily due to President Donald Trump's decision to broadly wield his tariff powers, first against China over trade and then against Mexico over immigration. During stocks' month-long...
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