Gross domestic product

FILE - In this Oct. 28, 2019, file photo a Matson container ship passes the Golden Gate Bridge in Sausalito, Calif. On Friday, Dec. 20, the Commerce Department issues the third estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Eric Risberg, File)
1010 WINS Newsroom
December 20, 2019 - 3:03 pm
WASHINGTON (AP) — The U.S. economy, which only recently was flashing warning signs of a worrisome slowdown, is finishing the year in stronger shape, thanks to a resilient consumer, a healthy job market and interest rate cuts by the Federal Reserve. The Commerce Department said Friday that the gross...
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FILE - In this Thursday, July, 5, 2018 file photo, a jockey truck passes a stack of 40-foot China Shipping containers at the Port of Savannah in Savannah, Ga. Defying fears and predictions, the American job market is still shrugging off President Donald Trump’s trade wars. Employers added an impressive 266,000 jobs in November, and unemployment returned to a 50-year low 3.5% _ all at a time when the Trump administration is engaged in a bruising trade war with China while fighting other U.S. trading partners as well. (AP Photo/Stephen B. Morton)
1010 WINS Newsroom
December 07, 2019 - 10:52 am
WASHINGTON (AP) — Defying fears and predictions, the U.S. economy is still shrugging off President Donald Trump’s trade conflicts. Employers added a sizzling 266,000 jobs in November, and unemployment matched a 50-year low of 3.5% — all while the Trump administration is waging a bruising trade war...
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British Prime Minister Boris Johnson, left, reaches out to shake hands with U.S. President Donald Trump at the official arrivals for a NATO leaders meeting at The Grove hotel and resort in Watford, Hertfordshire, England, Wednesday, Dec. 4, 2019. NATO Secretary-General Jens Stoltenberg rejected Wednesday French criticism that the military alliance is suffering from brain death, and insisted that the organization is adapting to modern challenges. (AP Photo/Francisco Seco)
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December 04, 2019 - 12:29 pm
WATFORD, England (AP) — The Latest on the NATO summit near London (all times local): 5:05 p.m. French President Emmanuel Macron described the NATO summit as “positive” and “constructive” — despite earlier remarks in which he had lamented the “brain death” of the military alliance. Macron said in a...
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FILE - In this Oct. 19, 2019, file photo Eldon Sylvester harvest soybeans in his field near Wamego, Kan. On Wednesday, Nov. 27, the Commerce Department issues the second estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Charlie Riedel, File)
1010 WINS Newsroom
November 27, 2019 - 1:08 pm
WASHINGTON (AP) — A series of government reports Wednesday cast a picture of a steadily growing U.S. economy, fueled by solid consumer spending and defying threats — at least for now — from a U.S.-China trade war and a global slowdown. The Commerce Department estimated that the economy grew at a...
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1010 WINS Newsroom
November 21, 2019 - 9:32 am
ATHENS, Greece (AP) — The Greek government has pledged to exceed the strict surplus targets demanded by its former bailout lenders for this year and next. In the 2020 budget submitted to Parliament Thursday, the government says it will outperform its primary surplus target— the annual balance...
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FILE - In this July 22, 2019, the container ship Kota Ekspres is unloaded at the Port of Oakland in Oakland, Calif. On Wednesday, Oct. 30, the Commerce Department issues the first estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Ben Margot, File)
1010 WINS Newsroom
October 30, 2019 - 8:36 am
WASHINGTON (AP) — The U.S. economy slowed to a modest growth rate of 1.9% in the summer as consumer spending downshifted and businesses continued to trim their investments in response to trade war uncertainty and a weakening global economy. The Commerce Department reported that the July-September...
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FILE - In this Sept. 6, 2019, file photo passengers board a ferry that departs from Port Everglades in Fort Lauderdale, Fla. On Thursday, Sept. 26, the Commerce Department issues the third and final estimate of how the U.S. economy performed in the April-June quarter. (AP Photo/Brynn Anderson, File)
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September 26, 2019 - 9:05 am
WASHINGTON (AP) — The U.S. economy grew at a modest 2% annual rate in the second quarter, a pace sharply lower than the 3%-plus growth rates seen over the past year. Many analysts believe growth will slow further in coming quarters as global weakness and rising trade tensions exert a toll. The...
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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)
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September 04, 2019 - 9:50 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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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)
1010 WINS Newsroom
September 02, 2019 - 2:58 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 19, 2019, file photo cargo ships are docked at the Port of Los Angeles in Los Angeles. On Thursday, Aug. 29, the Commerce Department issues the second estimate of how the U.S. economy performed in the April-June quarter.(AP Photo/Marcio Jose Sanchez, File)
1010 WINS Newsroom
August 29, 2019 - 2:23 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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