- US government to review mystery of slow 1st quarter growth Updated: May-22-15 6:06 pm
WASHINGTON - There's something strange about the U.S. economy in the first three months of every year: It frequently grows at a much slower pace than in the other nine months.
- US consumer prices ticking up as Fed weighs first rate hike Updated: May-22-15 12:14 pm
WASHINGTON - Core consumer prices outside of food and energy posted the biggest increase in April in more than a year, suggesting that an improving U.S. economy is finally starting to lift prices. That could prompt the Federal Reserve to start raising interest rates later this year.
- IMF upgrades Russia growth outlook Updated: May-21-15 10:34 am
MOSCOW - The International Monetary Fund predicts a less severe recession for Russia and says the country's economy will return to growth in a "mild recovery" next year.
- Rising inequality holding back economic growth, report warns Updated: May-21-15 5:53 am
PARIS - The widening gap between haves and have-nots in much of the developed world not only raises concerns about the fraying social fabric - it's also dramatically holding back economic growth, according to a new global study.
- Why many experts missed this: Cheap oil can hurt US economy Updated: May-20-15 3:49 pm
WASHINGTON - If there was one thing most economists agreed on at the start of the year, it was this: Plunging oil prices would boost the U.S. economy.
- Pope's No. 2 offers new insights into climate encyclical Updated: May-20-15 2:27 pm
VATICAN CITY - A new development model is needed to combat global warming, one that marries economic growth to combat poverty with a sustainable use of resources, Pope Francis' deputy said Wednesday.
- Despite growth uptick, full recovery still far for Europe Updated: May-20-15 11:10 am
FRANKFURT, Germany - Europe's economy has been down so long, even a bit of growth looks like recovery.
- Japan economy gathers pace in 1Q as recovery takes hold Updated: May-20-15 2:05 am
TOKYO - Japan's economy grew at a faster-than-expected 2.4 percent annual pace in the January-March quarter, suggesting a recovery is gaining traction despite persisting weakness in corporate and household spending.
- Surge in home construction is lifting hopes for US economy Updated: May-19-15 2:56 pm
WASHINGTON - The U.S. housing market has given a sudden jolt to what appeared to be a slumping economy.
- UN lowers global economic growth estimate amid modest pace Updated: May-19-15 2:41 pm
UNITED NATIONS - The United Nations is lowering its growth estimate for the global economy this year, saying its previous forecast of 3.1 percent growth in 2015 is now more likely to be 2.8 percent instead.
- Frustration with Latin America's left on the rise Updated: May-18-15 7:38 pm
CARACAS, Venezuela - Venezuela's socialist government is struggling to put food on the shelves amid runaway inflation. Brazil's president is facing calls for impeachment. And even Cuba's communist government, an iconic touchstone for generations of leftists, is embracing closer ties with the U.S.
- Spain expects stronger economic growth this year Updated: May-18-15 6:31 am
MADRID - Spain's economy minister the country's economic growth is likely to pick up speed and could hit 3.5 percent this year.
- Hong Kong economy tepid as Chinese tourism weakens Updated: May-15-15 6:02 am
HONG KONG - Hong Kong's economy expanded tepidly in the first quarter as exports slumped and fewer mainland Chinese tourists visited following a backlash against their influx.
- Why US economic growth has disappointed this year Updated: May-14-15 8:23 pm
WASHINGTON - Like an underachieving student, the U.S. economy isn't living up to the high hopes it began the year with.
- China, India have many rivalries, some areas of cooperation Updated: May-14-15 2:25 am
BEIJING - India's prime minister is visiting China this week to build friendship between the two Asian giants despite a long history of disputes and rivalries, along with some areas of cooperation, especially in the economic sphere.
- ND retail group calls state's economic growth 'phenomenal' Updated: May-13-15 2:04 am
BISMARCK, North Dakota - The head of a group representing North Dakota retailers says the state's economic growth in the past decade "has been phenomenal."
- Salary increase proposed for Gretna mayor, police chief Updated: May-12-15 6:08 am
GRETNA, Louisiana - Gretna officials say the city's booming economy may allow for a 29 percent salary increase for Mayor Belinda Constant and Police Chief Arthur Lawson. The pay raises would be the first for the city's mayor and police chief in eight years.
- US economy rebounding with solid if unspectacular job gains Updated: May-08-15 5:07 pm
WASHINGTON - Rebounding from a dismal start to the year, the U.S. economy added 223,000 jobs in April, a solid gain that suggested that employers are helping fuel a durable if still subpar recovery.
- Italy's economy seen returning to growth in 2015 Updated: May-07-15 9:16 am
MILAN - Italy's statistics agency predicts that the eurozone's third largest economy will grow by 0.7 percent this year.
- IMF says Asia to lead growth in 2015 despite China slowdown Updated: May-07-15 8:04 am
TOKYO - Asian economies will lead world growth in 2015, expanding at a 5.6 percent pace that is level with last year, as recoveries in India and Japan help to offset the slowdown in China, the IMF said in a report Thursday.
- Beijing tries to tap brakes on stock market boom Updated: May-07-15 6:25 am
BEIJING - China's leaders are trying to tap the brakes on a stock market boom that could run out of control and disrupt economic reform plans.
- Growth in US services firms picked up speed last month Updated: May-05-15 11:26 am
WASHINGTON - U.S. service firms' growth accelerated in April, fueled by more orders, rising sales and an uptick in hiring. The figures provide solid evidence that the economy is recovering from its first-quarter stumble.
- Spring awakening: US consumer spending rose in March Updated: Apr-30-15 10:19 am
WASHINGTON - U.S. consumers boosted spending in March by the largest amount in four months, a hopeful sign that this key sector of the economy is reviving after a frigid winter.
- Why some trends sapping US growth may persist, others won't Updated: Apr-30-15 12:05 am
WASHINGTON - The U.S. economy nearly stopped growing in the January-March quarter, squeezed by a combination of factors that will either fade (a harsh winter) or persist (a stronger dollar).
- Noting slower economy, Fed appears no closer to a rate hike Updated: Apr-29-15 5:25 pm
WASHINGTON - The Federal Reserve downgraded its view of the U.S. economy Wednesday after a winter in which growth nearly froze. The Fed offered no sign that a rate increase might be coming soon.