The US economy started the year much slower than expected

The European Union is looking at ways to get the economy back on its feet next year after what is expected to be the 27-nation bloc's deepest ever recession, caused by the coronavirus pandemic......»»

Employers cut 701,000 jobs in March as the coronavirus pandemic began to take a toll on the economy, breaking 10-year string of gains. Millions of layoffs are expected.&.....»»

U.S. manufacturing activity contracted less than expected in March, but disruptions caused by the coronavirus pandemic pushed new orders received by factories to an 11-year low, reinforcing economists' views that the economy was in recession......»»

U.S. manufacturing activity contracted less than expected in March, but disruptions caused by the coronavirus pandemic pushed new orders received by factories to an 11-year low, reinforcing economists' views that the economy was in recession......»»

A year that started off well for the U.S. auto market, with only a subtle down shift expected following years of strong demand, is suddenly shaping up to be a disaster......»»

Total spending on travel in the U.S. is expected to drop by $355 billion for the year, or 31 percent — more than six times the impact of the Sept. 11, 2001, terrorist attacks......»»

The world economy is now expected to have its worst year of growth since 2009. Calls are escalating for the Fed to cut rates, the U.S. government to spend a lot more and joint efforts to ensure companies remain solvent this spring......»»

The world economy is now expected to have its worst year of growth since 2009. Calls are escalating for the Fed to cut rates, the U.S. government to spend a lot more and joint efforts to ensure companies remain solvent this spring......»»

The OECD has warned that the global economy is facing its biggest threat since the financial crisis.  Global growth is expected to fall as low as 1.5% this year, halving the OECD's previous 2020 projection from last .....»»

Federal Reserve officials and the central bank’s staff said the economy was stronger than had been expected in late January, according to minutes of their policy meeting released Wednesday......»»

Walmart Inc expects online sales growth to slow this year after posting lower-than-expected holiday quarter results, revealing the pressure traditional retailers are facing to keep pace with consumers who are increasingly shopping online......»»

The United States is in its 11th year of a record-setting economic expansion, a fact that President Donald Trump is expected to highlight in his State of the Union speech to Congress on Tuesday......»»

WASHINGTON (Reuters - U.S. consumer spending rose steadily in December, but tepid income gains pointed to moderate consumption growth this year, which together with slumping business investment likely set the economy on a slower growth path this year......»»

WASHINGTON (Reuters - U.S. consumer spending rose steadily in December, but tepid income gains pointed to moderate consumption growth this year, which together with slumping business investment likely set the economy on a slower growth path this year......»»

After a strong start to the year, markets have been dancing to a different, slower beat. Even though it cannot yet be called a transition... The post Bulls Started Having Second Thoughts As Spreads Widened appeared first on ValueWalk......»»

Good morning. Friday is here again, and so are Five Things. While the past 20 years have been two decades of growth in Oregon that saw the state's economy doubling in size. But while Oregonians started more than 38,000 businesses last year, the nu.....»»

With a slowing economy and with trade tensions with the United States high in 2019, China's growth rate came in at 30-year lows......»»

Reuters/Rebecca Cook The labor market cooled at the end of 2019 but remained on solid footing, creating jobs for a record 111th consecutive month.  That brought the total gains for the year to 2.1 million, in line with what would be expected in t.....»»

The U.S. economy probably added enough new jobs last month to push employment gains in 2019 above 2 million for the ninth straight year, but the pace of hiring is slowing. Here’s what to watch in the December U.S. jobs report due on Friday......»»

U.S. homebuilding increased more than expected in November and permits for future home construction surged to a 12-1/2-year high as lower mortgage rates continue to boost the housing market and support the broader economy......»»