Economic growth

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)
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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President Donald Trump speaks as he meets with Italian Prime Minister Giuseppe Conte during the NATO summit at The Grove, Wednesday, Dec. 4, 2019, in Watford, England. (AP Photo/ Evan Vucci)
December 04, 2019 - 10:54 am
WATFORD, England (AP) — The Latest on the NATO summit near London (all times local): 2:55 p.m. President Donald Trump has hosted a lunch for the nine countries in the 29-member NATO alliance that spend at least 2% of their gross domestic product on defense. Trump has been pushing NATO members to...
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In this Nov. 27, 2019, photo, a solar panel installation is seen in Ruicheng County in central China's Shanxi Province. As world leaders gather in Madrid to discuss how to slow the warming of the planet, a spotlight is falling on China, the top emitter of greenhouse gases. China burns about half the coal used globally each year. Yet it's also the leading market for solar panels, wind turbines and electric vehicles. (AP Photo/Sam McNeil)
December 02, 2019 - 7:22 pm
WASHINGTON (AP) — As world leaders gather in Spain to discuss how to slow the warming of the planet, a spotlight falls on China — the top emitter of greenhouse gases. China burns about half the coal used globally each year. Between 2000 and 2018, its annual carbon emissions nearly tripled, and it...
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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)
November 27, 2019 - 9:26 am
WASHINGTON (AP) — The U.S. economy grew at a moderate 2.1% annual rate over the summer, slightly faster than first estimated, the government said Wednesday. But many economists say they think growth is slowing sharply in the current quarter. The July-September growth rate in the gross domestic...
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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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California Legislative Analyst Gabriel Petek, left, and Principal Fiscal and Policy Analyst Ann Hollingshead speak with reporters on Wednesday, Nov. 20, 2019, in Sacramento, Calif. The nonpartisan Legislative Analyst's Office on Wednesday predicted California will have a $7 billion surplus next year. (AP Photo/Adam Beam)
November 20, 2019 - 7:55 pm
SACRAMENTO, Calif. (AP) — California is expected to have a $7 billion budget surplus next year, but lawmakers were urged Wednesday not to spend all of it because a sizable chunk depends on an upcoming decision by the Trump administration as it feuds with state Democratic leaders. A report from the...
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A currency trader talks on the phone at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Nov. 14, 2019. Asian stock markets were mixed Thursday amid doubts about the status of a U.S.-Chinese trade deal after the U.S. Federal Reserve’s chairman said it is likely to leave its benchmark interest rate unchanged. (AP Photo/Ahn Young-joon)
November 14, 2019 - 7:58 am
BEIJING (AP) — Global stock markets slipped Thursday amid doubts about a U.S.-Chinese trade deal and after the U.S. Federal Reserve chairman said it is likely to leave its benchmark interest rate unchanged. London and Frankfurt were trading lower after Tokyo and Hong Kong closed down for the day...
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November 14, 2019 - 2:12 am
BERLIN (AP) — The German economy returned to modest growth in the July-September period, averting a widely-feared recession. The Federal Statistical Office said Thursday gross domestic product grew 0.1% compared with the previous quarter. It says, however, that the economy in the second quarter...
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Federal Reserve Board Chair Jerome Powell testifies on the economic outlook, on Capitol Hill in Washington, Wednesday, Nov. 13, 2019. (AP Photo/Jose Luis Magana)
November 13, 2019 - 4:26 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Wednesday that the Fed is likely to keep its benchmark short-term interest rate unchanged in the coming months, unless the economy shows signs of worsening. But for now, in testimony before a congressional panel, Powell expressed...
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Trader Stephen Gilmartin, right, works with specialist Dilip Patel on the floor of the New York Stock Exchange, Wednesday, Nov. 13, 2019. Stocks are opening slightly lower on Wall Street led by declines in banks and industrial companies. (AP Photo/Richard Drew)
November 13, 2019 - 12:22 pm
Major U.S. stock indexes edged higher in midday trading Wednesday after the chairman of the Federal Reserve told lawmakers that the central bank is likely to hold off on another interest rate cut, unless the economy shows signs of worsening. Fed Chairman Jerome Powell also expressed optimism about...
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