Economic growth

In this June 4, 2019 photo, job applicant Esta Williams, center, uses Tracy Simeton's back to fill out a questionnaire as they wait in line at the Seminole Hard Rock Hotel & Casino Hollywood during a job fair in Hollywood, Fla. On Friday, Aug. 2, the U.S. government issues the July jobs report. (AP Photo/Wilfredo Lee, File)
August 02, 2019 - 11:20 am
WASHINGTON (AP) — U.S. employers slowed their hiring in July but still added a solid 164,000 jobs to an economy that appears poised to extend its decade-long expansion. The unemployment rate remained at 3.7% for a second straight month, the government said Friday. Average hourly earnings rose 3.2%...
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A woman walks past an advertisement featuring Japanese and South Korean flags at a shop in Shin Okubo area in Tokyo Friday, Aug. 2, 2019. Japan has approved the removal of South Korea from a "whitelist" of countries with preferential trade status, escalating tensions between the neighbors. The decision will fuel antagonism between the two neighbors already at a boiling point over the export controls and the issue of compensation for wartime Korean laborers. (AP Photo/Eugene Hoshiko)
August 02, 2019 - 6:21 am
TOKYO (AP) — Japan's Cabinet on Friday approved the removal of South Korea from a list of countries with preferential trade status, prompting retaliation from Seoul where a senior official summoned the Japanese ambassador and told him that South Koreans may no longer consider Japan a friendly...
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FILE - In this July 20, 2018, file photo, a deliveryman for American-based pizza chain Domino's prepares to make a delivery near a mural displaying Chinese yuan and other world currency symbols on the outside of a bank in Beijing. China's yuan fell Friday, Aug. 2, 2019, to its lowest level of the year against the dollar following U.S. President Donald Trump's threat of new tariffs on Chinese goods, coming close to breaking the politically sensitive level of seven to the U.S. currency. (AP Photo/Mark Schiefelbein, File)
August 02, 2019 - 3:40 am
BEIJING (AP) — China's yuan fell Friday to its lowest level this year against the dollar following President Donald Trump's threat of new tariffs on Chinese goods, coming close to breaking the politically sensitive level of seven to the U.S. currency. The yuan tumbled to 6.9520 to the dollar, its...
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Mozambique President Filipe Nyusi, right, and Renamo leader Ossufo Momade hug each other after signing a peace accord at Gorongosa National Park, about 170 kilometres from Beira, Mozambique, Thursday, Aug, 1, 2019. Mozambique’s president and the leader of the Renamo opposition signed a peace accord on Thursday to end years of hostilities that followed a 15-year civil war. (AP Photo/Tsvangirayi Mukwazhi)
August 01, 2019 - 3:34 pm
GORONGOSA NATIONAL PARK, Mozambique (AP) — Mozambique's president signed a peace accord Thursday with the country's main opposition party Renamo to end decades of hostilities that followed a devastating 15-year civil war that killed an estimated 1 million people. The ceremony, held in a national...
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August 01, 2019 - 11:43 am
WARSAW, Poland (AP) — Poland on Thursday scrapped its personal income tax for young employees earning less than $22,000 a year, as part of a drive to reverse a brain drain and demographic decline that's dimming the prospects of a country that is otherwise experiencing strong economic growth. A new...
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August 01, 2019 - 8:18 am
LONDON (AP) — Brexit uncertainties are becoming "more entrenched" and increasingly weighing on the British economy less than three months before the country is scheduled to leave the European Union, the Bank of England said Thursday. The bank's nine monetary policymakers unanimously decided to keep...
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Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. (AP Photo/Manuel Balce Ceneta)
August 01, 2019 - 12:56 am
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter the impact of President Donald Trump's trade wars, stubbornly low inflation and global weakness. It left open the possibility of future rate cuts, but perhaps not as many as...
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Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. (AP Photo/Manuel Balce Ceneta)
July 31, 2019 - 3:11 pm
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter threats ranging from uncertainties caused by President Donald Trump's trade wars to chronically low inflation and a dim global outlook. The Fed also repeated a pledge to "act...
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FILE - In this July 22, 2019, file photo trader William Lawrence works on the floor of the New York Stock Exchange. U.S. stocks moved lower in early trading on Wall Street Monday, July 29, as investors pulled back after pushing stocks to record highs last week. (AP Photo/Richard Drew, File)
July 29, 2019 - 4:54 pm
Major U.S. stock indexes closed mostly lower Monday as investors turned cautious ahead of a key Federal Reserve interest policy announcement and other potentially market-moving developments on tap for this week. Banks, retailers and communications companies took the brunt of the selling. Those...
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July 29, 2019 - 11:11 am
WASHINGTON (AP) — U.S. business economists expect economic growth to slow this year, and a rising proportion of them think corporate sales and profits will decline. The National Association for Business Economics says its quarterly survey, released Monday, about business conditions finds that the...
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