Economic growth

U.S. President Donald Trump leaves the World Economic Forum in Davos, Switzerland, Wednesday, Jan. 22, 2020. Trump's two-day stay in Davos is a test of his ability to balance anger over being impeached with a desire to project leadership on the world stage. (AP Photo/Markus Schreiber)
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January 22, 2020 - 5:05 pm
WASHINGTON (AP) — President Donald Trump appeared to suggest in a television interview Wednesday that he’s willing to consider entitlement cuts in the future, a move that would mark a tectonic shift from his stance during his 2016 run for the White House. Trump suggested he was open to a cut in...
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Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Jan. 22, 2020. Shares advanced in early Asian trading after a slide in U.S. stocks Tuesday as a virus outbreak in China rattled global markets. (AP Photo/Ahn Young-joon)
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January 22, 2020 - 10:56 am
BANGKOK (AP) — World share prices mostly rose Wednesday as confidence increased in China's handling of an outbreak of a new virus that has infected more than 500 people, with 17 confirmed deaths. The CAC 40 in Paris was up 0.1% at 6,053, while Germany's DAX picked up 0.2% to 13,583. Britain's FTSE...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Jan. 22, 2020. Shares advanced in early Asian trading after a slide in U.S. stocks Tuesday as a virus outbreak in China rattled global markets. (AP Photo/Ahn Young-joon)
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January 21, 2020 - 11:07 pm
Shares mostly rose in early Asian trading on Wednesday after a slide in U.S. stocks overnight as a virus outbreak in China rattled global markets. Japan's Nikkei 225 index climbed 0.6% to 24,013.15 and the Kospi in South Korea surged 0.8% to 2,256.95. In Hong Kong, the Hang Seng jumped 0.8% to 28,...
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An employee works in a chemical fiber plant in Nantong in eastern China's Jiangsu Province, Friday, Jan. 17, 2020. China's economic growth sank to a new multi-decade low in 2019 as Beijing fought a tariff war with Washington, but forecasters said a U.S.-Chinese trade truce might help to revive consumer and business activity. (Chinatopix via AP)
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January 20, 2020 - 8:24 am
WASHINGTON (AP) — Low interest rates and reduced trade tensions will likely buoy the global economy over the next two years and help nurture steady if modest growth. That's the view of the International Monetary Fund, which foresees world economic growth accelerating from 2.9% last year to 3.3% in...
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The logo of the World Economy Forum is displayed on a door at the Congress Centre in Davos, Switzerland, Sunday, Jan. 19, 2020. The 50th annual meeting of the World Economic Forum will take place in Davos from Jan. 20 until Jan. 24, 2020. (Photo/Markus Schreiber)
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January 20, 2020 - 7:54 am
DAVOS, Switzerland (AP) — Rising income inequality is undermining confidence in capitalism around the world, according to a survey conducted by public relations firm Edelman ahead of the gathering of the elites in the Swiss ski resort of Davos. Among those surveyed in the report published Monday,...
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FILE - In this May 14, 2019 file photo, a Cosco Shipping container ship passes the Golden Gate Bridge in San Francisco bound for the Port of Oakland. For major shipping companies dealing with trade wars and a slowing global growth, conditions appear to have deteriorated as 2019 came to a close. Global shipping and logistics provider Expeditors International said Friday, Jan. 17, 2020 that it expects fourth quarter operating income to fall between $177 million and $183 million. (AP Photo/Eric Risberg, File)
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January 17, 2020 - 1:08 pm
For major shipping companies dealing with trade wars and slowing global growth, conditions appear to have deteriorated for some as 2019 came to a close. Global shipping and logistics provider Expeditors International said Friday that it expects fourth quarter operating income to fall between $177...
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In this Jan. 3, 2020, photo, workers make sneakers in a factory in Jinjiang city in southeastern China's Fujian province. China’s economic growth sank to a new multi-decade low of 6.1% in 2019 as consumer demand weakened and Beijing fought a trade war with Washington. Government data Friday, Jan. 17, showed growth was down from 2018’s 6.6%, already the lowest since 1990. Economic growth in the three months ending in December held steady at the previous quarter’s level of 6%. (Chinatopix Via AP)
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January 17, 2020 - 12:10 pm
BEIJING (AP) — China’s economic growth sank to a new multi-decade low in 2019 as Beijing fought a tariff war with Washington, but forecasters said a U.S.-Chinese trade truce might help to revive consumer and business activity. The world’s second-largest economy grew by 6.1%, down from 2018’s 6.6%,...
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FILE - In this Jan. 10, 2020, file photo specialist Meric Greenbaum, center, works at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Jan. 16. (AP Photo/Richard Drew, File)
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January 17, 2020 - 7:53 am
Global stocks rose Friday, seemingly buoyed by high spirits on Wall Street, as new data suggested China's economic slowdown may have stabilized and Washington and Beijing signed a trade deal. European indexes were broadly higher, while markets in Shanghai, Tokyo and Hong Kong closed with gains,...
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A cargo ship passes the buildings of the banking district on the river Main in Frankfurt, Germany, Monday, Dec. 30, 2019. (AP Photo/Michael Probst)
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January 15, 2020 - 6:12 am
BERLIN (AP) — The German economy expanded by 0.6% last year, its worst performance since 2013, as export growth slowed and manufacturing was weak. It was the 10th consecutive year of growth, the longest period since Germany was reunited in 1990, the Federal Statistical Office said Wednesday. But...
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FILE - In this Oct. 21, 2013, file photo, the JPMorgan Chase logo is displayed at their headquarters in New York. Banking giant JPMorgan Chase said that its fourth-quarter profits jumped 21% from a year earlier, as the bank's trading desks had a blowout quarter. A sharp increase in JPMorgan's trading business made up for declining interest rates, which impacted other parts of the bank. (AP Photo/Seth Wenig, File)
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January 14, 2020 - 1:50 pm
NEW YORK (AP) — So far, it appears 2019 was another record year for Wall Street. Trading of stocks and bonds rebounded after a terrible end to 2018 and consumers spent tons of money on their credit cards, buoyed by a strong job market and steady economic growth. On Tuesday, JPMorgan Chase reported...
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