LONDON (AP) — The easing of lockdown restrictions in April helped the British economy grow at its fastest rate since July 2020 and recoup further ground lost during the coronavirus pandemic, official figures showed Friday.
WASHINGTON (AP) — The World Bank is upgrading the outlook for global growth this year, predicting that COVID-19 vaccinations and massive government stimulus in rich countries will power the fastest worldwide expansion in nearly five decades.
WASHINGTON (AP) — The U.S. economy is sparking confusion and whiplash almost as fast as it’s adding jobs.
WASHINGTON (AP) — President Joe Biden has dismissed a fresh Republican infrastructure proposal that offered modestly more spending but fell short of “his objectives to grow the economy,” the White House said.
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week for a fifth straight week to a new pandemic low, the latest evidence that the U.S. job market is regaining its health as the economy further reopens.
BERLIN (AP) — The German economy, Europe's biggest, may grow up to 4% this year as the coronavirus pandemic recedes, a senior official said Thursday.
WASHINGTON (AP) — The U.S. economy grew at a somewhat faster pace in April and May despite disruptions that choked supplies to the nations manufacturers, the Federal Reserve reported Wednesday.
RIO DE JANEIRO (AP) — Brazil's economy grew more than expected in the first quarter of 2021, continuing its rebound from pandemic recession as many declined to hunker down amid COVID-19's brutal second wave.
WASHINGTON (AP) — President Joe Biden is proposing a $6 trillion budget for next year that’s piled high with new safety net programs for the poor and middle class, but his generosity depends on taxing corporations and the wealthy to keep the nation’s spiking debt from spiraling totally out of control.
Stocks capped a listless day of trading on Wall Street with modest gains Friday and the S&P 500's first weekly gain in three weeks.
BANGKOK (AP) — Asian shares rose Friday, powered by encouraging signs that the U.S. economic recovery from the pandemic is gaining momentum.
WASHINGTON (AP) — The U.S. economy grew at a robust annual rate of 6.4% in the first three months of this year, unchanged from the government's initial estimate. The recovery from last year's deep recession gained steam at the beginning of this year, helped by vaccines to combat the virus and trillions of dollars in government assistance.
TOKYO (AP) — Asian shares fell Thursday, as investors watched for signs of inflation and awaited U.S. economic data expected later in the day.
BERLIN (AP) — Germany's economy contracted more than expected in the first quarter amid coronavirus lockdown measures, according to statistics released Tuesday, but a leading indicator showed that businesses' optimism is rising as the pace of vaccinations increases.
WELLINGTON, New Zealand (AP) — New Zealand plans to rebuild its Antarctic base and spend billions more on welfare payments as part of a spending program aimed at lifting the economy out of a coronavirus slump.
WASHINGTON (AP) — White House officials are seeking to quell anxiety about inflation and the pace of hiring — issuing a memo Tuesday that highlights robust economic gains as the United States gets vaccinated and recovers from the coronavirus pandemic.
TOKYO (AP) — The Japanese economy contracted at an annual rate of 5.1% in January-March, slammed by a plunge in spending over the coronavirus pandemic, according to government data released Tuesday.
May mortgage rates forecast I predict that the rate on the 30-year mortgage won’t change much in May. It will go up and down a bit day to day but…
The report echoes previous surveys that point to next year as a likely trouble spot for the decade-long recovery from the Great Recession.
No matter which way the stock market goes in 2019 — and Wall Street has ample arguments for either direction — expect it to be another gut-wrenching ride.
TRUMP: "It is the biggest tax cut in the history of our country and you people are benefiting by it." — West Virginia rally Tuesday.
The report paints an unrelentingly bleak picture of federal deficits, which would permanently breach the $1 trillion mark in 2020 unless Congress stems the burst of red ink.
When Jerome Powell testifies to Congress on Tuesday in his first public appearance as chairman of the Federal Reserve, investors will be paying close attention to his every word. Here are five things to listen for: