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Economic Report: U.S. fourth-quarter economic growth raised slightly to 4.1%
The U.S. economy expanded at an annual 4.1% pace in the fourth quarter instead of 4%, revised government data show......»»
In nod to grim U.S. outlook, Fed"s Powell calls for more fiscal support
The head of the Federal Reserve warned on Wednesday of an "extended period" of weak economic growth, vowed to use the U.S. central bank's power as needed, and called for additional fiscal spending to stem the fallout from the coronavirus pandemic......»»
Economists slash global growth forecasts as coronavirus spreads
Analysts around the world slashed their 2020 economic forecasts as the coronavirus continued to spread beyond China and weak Asian data offered an early hint at the infection’s cost to business......»»
Economists slash global growth forecasts as coronavirus spreads
Analysts around the world slashed their 2020 economic forecasts as the coronavirus continued to spread beyond China and weak Asian data offered an early hint at the infection’s cost to business......»»
Bank Of America: "Nowhere To Hide"
Bank Of America: "Nowhere To Hide" It's not just the markets that are in freefall, so are crushed revised estimates of global economic growth. Overnight Bank of America has taken the axe to its GD.....»»
Economic Report: U.S. productivity increases in 2019 at fastest pace in nine years—but gains might not last
The productivity of American workers increased in 2019 at the fastest annual pace in nine years — but slower economic growth and weak business investment suggest the gains might not last. Productivity rose 1.7% last year......»»
Economic Report: U.S. productivity increases in 2019 at fastest pace in nine years
The productivity of American workers increased in 2019 at the fastest annual pace in nine years — but slower economic growth and weak business investment suggest the gains might not last. Productivity rose 1.7% last year......»»
U.S. business investment weak; consumer confidence at five-month high
New orders for key U.S.-made capital goods dropped by the most in eight months in December and shipments were weak, suggesting business investment contracted further in the fourth quarter and remained a drag on economic growth......»»
U.S. core capital goods orders record largest drop in eight months
New orders for key U.S.-made capital goods dropped by the most in eight months in December and shipments were weak, suggesting business investment contracted further in the fourth quarter and was a drag on economic growth......»»
Wall St. drops on Middle East tensions, weak U.S. economic data
Wall Street's major indexes fell from record highs on Friday after a U.S. air strike in Iraq ratcheted up tensions in the Middle East and a bigger-than-expected contraction in the U.S. manufacturing sector raised concerns of slowing economic growth......»»
Wall Street dips on Middle East tensions, weak manufacturing data
Wall Street fell from a record high on Friday after a U.S. air strike in Iraq ratcheted up tensions in the Middle East, while a bigger-than-expected contraction in the U.S. manufacturing sector again fanned fears of slowing economic growth......»»
Wall St dips on Middle East tensions, weak manufacturing data
Wall Street fell from a record high on Friday after a U.S. air strike in Iraq ratcheted up tensions in the Middle East, while a bigger-than-expected contraction in the U.S. manufacturing sector again fanned fears of slowing economic growth......»»
U.S. business spending on equipment weak; housing regaining footing
New orders for key U.S.-made capital goods barely rose in November and shipments fell, suggesting business investment will probably remain a drag on economic growth in the fourth quarter......»»
U.S. productivity weak in third quarter; labor costs revised lower
U.S. worker productivity fell by the most in nearly four years in the third quarter, the government confirmed, while growth in unit labor costs was not as robust as initially thought......»»
U.S. third-quarter labor costs revised down; productivity weak
Growth of U.S. labor costs was not as robust as initially thought in the third quarter, suggesting inflation could remain tame for a while......»»
U.S. third-quarter GDP growth revised higher; business investment stabilizing
U.S. economic growth picked up slightly in the third quarter, rather than slowing as initially reported, and there are signs the downturn in business investment could be drawing to a close......»»
U.S. third-quarter GDP growth revised up to 2.1%
U.S. economic growth picked up slightly in the third quarter, rather than slowing as initially reported, amid a stronger pace of inventory accumulation and a less steep decline in business investment......»»
World stocks sink as China slowdown deepens, German economy weak
World stocks nudged down on Thursday as Chinese economic data slowed in October and Germany only narrowly avoided a recession in the third quarter, adding to worries about the global growth fallout from the U.S.-China trade war......»»
Futures slip as weak Chinese data sparks growth fears; Cisco falls
U.S. stock index futures slipped slightly on Thursday, a day after the S&P 500 and the Dow closed at record highs, as weak Chinese economic data and a dour forecast from Cisco rekindled fears of a global slowdown......»»
Stocks dip as China slowdown deepens, German economy weak
World stocks nudged down on Thursday as Chinese economic data slowed in October and Germany only narrowly avoided a recession in the third quarter, adding to worries about the global growth fallout from the U.S.-China trade war......»»