Economic growth

A woman browses her iPhone as she walks by a mural depicting an iPhone and Chinese people buy smartphone to communicate with family members, at a subway station in Beijing, Thursday, Jan. 3, 2019. Apple Inc.’s $1,000 iPhone is a tough sell to Chinese consumers who are jittery over an economic slump and a trade war with Washington. The tech giant became the latest global company to collide with Chinese consumer anxiety when CEO Tim Cook said iPhone demand is waning, due mostly to China. Weak consumer demand in the world’s second-largest economy is a blow to industries from autos to designer clothing that are counting on China to drive revenue growth. (AP Photo/Andy Wong)
January 03, 2019 - 11:18 am
BEIJING (AP) — Apple Inc.'s $1,000 iPhone is a tough sell to consumers in China unnerved by an economic slump and the trade war with the U.S. CEO Tim Cook said in a letter to shareholders Wednesday that demand for iPhones is waning and revenue for the last quarter of 2018 will fall well below...
Read More
A trader talks on his phone on the floor of the New York Stock Exchange, Wednesday, Jan. 2, 2019. Stock markets started the new year with a tumble, as disappointing Chinese economic data on Wednesday renewed concerns that a global trade war is weighing on growth. (AP Photo/Richard Drew)
January 02, 2019 - 5:03 pm
NEW YORK (AP) — The roller-coaster ride on Wall Street resumed on Wednesday, the first trading day of the new year, as stocks plunged early on, then slowly recovered and finished with a slight gain. The Dow Jones Industrial Average dropped as much as 398 points in the first few minutes of trading...
Read More
FILE - In this Friday, Feb. 24, 2017, file photo, factory workers assemble the cases of air conditioners on an assembly line at a factory in Jiaozhou, eastern China's Shandong Province. An official survey shows China’s manufacturing activity contracted in December, boosting pressure on Beijing to reverse an economic downturn amid trade tension with Washington. (AP Photo/Mark Schiefelbein, File)
December 31, 2018 - 11:33 am
BEIJING (AP) — China's factory activity shrank in December for the first time in more than two years, an official survey showed Monday, intensifying pressure on Beijing to reverse an economic slowdown as it enters trade talks with the Trump administration. The purchasing managers' index of the...
Read More
FILE - In this Wednesday, Dec. 5, 2018 file photo, people walk past a holiday window at Saks Fifth Avenue, in New York. U.S. consumer confidence tumbled this month as Americans began to worry that economic growth will moderate next year. The Conference Board, a business research group, says its consumer confidence index fell to 128.1 in December, down from 136.4 in November and lowest since July. (AP Photo/Mark Lennihan, File)
December 27, 2018 - 10:41 am
WASHINGTON (AP) — U.S. consumer confidence tumbled this month as Americans began to worry that economic growth will moderate next year. But consumer spirits are still high by historic standards. The Conference Board, a business research group, said Thursday that its consumer confidence index fell...
Read More
FILE- In this Jan. 30, 2018, file photo, a container ship waits to be unloaded at the Port of Oakland in Oakland, Calif. The U.S. economy expanded at a solid 3.4 percent annual rate in the third quarter, slightly slower than the previous estimate as consumer spending and exports were revised lower. The economy is expected to slow further in the current quarter. The Commerce Department said Friday, Dec. 21, 2018, that growth in the gross domestic product, the economy’s total output of goods and services, was revised down from an earlier estimate of 3.5 percent. (AP Photo/Ben Margot, File)
December 21, 2018 - 5:28 pm
WASHINGTON (AP) — The U.S. economy has turned in a stellar performance this year. But mounting problems, from trade tensions to jittery financial markets and political gridlock in Washington, are expected to sharply slow growth in 2019. The Commerce Department estimated Friday that the economy, as...
Read More
FILE- In this Dec. 22, 2017, file photo, people shop at the Pentagon City Mall in Arlington, Va. Americans lifted their spending 0.4 percent in November from the previous month, a moderate gain that should sustain steady economic growth. Personal incomes rose 0.2 percent, down from 0.5 percent in the previous month, the Commerce Department said Friday, Dec. 21, 2018.(AP Photo/Susan Walsh, File)
December 21, 2018 - 12:58 pm
WASHINGTON (AP) — Americans lifted their spending 0.4 percent in November from the previous month, a moderate gain that should sustain steady economic growth. Personal incomes rose 0.2 percent, down from 0.5 percent in the previous month, the Commerce Department said Friday. Consumer spending...
Read More
This photo shows the exterior of the New York Stock Exchange on Thursday evening, Dec. 20, 2018. Stocks went into another slide Thursday in what is shaping up as the worst December on Wall Street since the depths of the Great Depression, with prices dragged down by rising fears of a recession somewhere on the horizon. The Dow Jones Industrial Average dropped 464 points, bringing its losses to more than 1,700 since last Friday. (AP Photo/Patrick Sison)
December 21, 2018 - 1:33 am
BEIJING (AP) — Asian stocks fell further Friday after Wall Street slid on recession fears, putting markets in Shanghai, Tokyo and Sydney on track to end 2018 down more than 10 percent. Tokyo's Nikkei 225 index fell 1.6 percent and the Shanghai Composite Index lost 1.2 percent. The Chinese market is...
Read More
This photo shows the exterior of the New York Stock Exchange on Thursday evening, Dec. 20, 2018. Stocks went into another slide Thursday in what is shaping up as the worst December on Wall Street since the depths of the Great Depression, with prices dragged down by rising fears of a recession somewhere on the horizon. The Dow Jones Industrial Average dropped 464 points, bringing its losses to more than 1,700 since last Friday. (AP Photo/Patrick Sison)
December 20, 2018 - 7:27 pm
NEW YORK (AP) — Stocks went into another slide Thursday in what is shaping up as the worst December on Wall Street since the depths of the Great Depression, with prices dragged down by rising fears of a recession somewhere on the horizon. The Dow Jones Industrial Average dropped 464 points,...
Read More
Anti-Brexit demonstrators wave flags outside the houses of Parliament in London, Wednesday Dec. 19, 2018. (AP Photo/Tim Ireland)
December 20, 2018 - 10:15 am
LONDON (AP) — The Bank of England warned Thursday that uncertainties related to Brexit have "intensified considerably" since early November and weighing on the U.K. economy. While unanimously deciding to keep the bank's main interest rate unchanged at 0.75 percent, as expected, the nine-member rate...
Read More
Federal Reserve Chairman Jerome Powell speak at a news conference in Washington, Wednesday, Dec. 19, 2018. The Federal Reserve is raising its key interest rate for the fourth time this year to reflect the U.S. economy's continued strength but signaling that it expects to slow hikes next year. (AP Photo/Susan Walsh)
December 19, 2018 - 3:42 pm
NEW YORK (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 3:35 p.m. Federal Reserve Chairman Jerome Powell says that future interest rate decisions will likely depend more on newly released economic data than in the recent past. This would allow the Fed greater...
Read More

Pages