UK economy shrinks at record pace
The UK economy shrank by a record 5.8% in March as the full force of the virus crisis hit. Julian Satterthwaite reports......»»
U.S. economy shrinks at 4.8% pace, signaling start of recession
The record-long U.S. economic expansion is over. Gross domestic product contracted at a 4.8% annualized rate in the January–March period, the largest drop since 2008, according to U.S. Commerce... To view the full story, click the title link......»»
Redlining: US Economy Growing At Fastest Pace On Record, Goldman Finds
Redlining: US Economy.....»»
Economic Report: Historic increase in U.S. GDP in third quarter revised slightly higher to 33.4% annualized rate
The record increase in the U.S. economy over the summer in the aftermath of the pandemic lockdown was revised slightly higher to a 33.4% annual pace......»»
US economy grows at record 33.4% pace in rally from coronavirus lows
The U.S. economy grew at a faster-than-expected record pace during the third quarter, according to a third estimate released by the Commerce Department on Tuesday......»»
Euro zone economy shrinking at record pace
New data Thursday showed the euro zone economy shrinking at a record pace, and economists say there's almost certainly worse to come. Julian Satterthwaite reports......»»
U.S. economy, in clear sign of recession, shrinks 4.8% in first quarter due to coronavirus
GDP drop likely marks end of record economic expansion. GDP drop likely marks end of record economic expansion......»»
Hobbled by coronavirus, China"s first-quarter GDP shrinks for first time on record
China's economy shrank for the first time in almost three decades of records in the first quarter, as the coronavirus paralysed production and spending, raising pressure on authorities to do more to stop mounting job losses......»»
US Services Economy Collapses At Record Pace, Signal 5% GDP Plunge
US Services Economy Collapses At Record Pace, Signal 5% GDP Plunge Following disastrous P.....»»
California"s job market was on a roll in January. Then the coronavirus hit
California's economy was humming along in January, with unemployment at a record low and job creation moving at a healthy pace, according to d.....»»
US budget deficit swells to $235 billion, a new record
Zach Gibson/Getty The US budget deficit swelled to a new record in February even as the economy continued to grow at a steady pace. The ga.....»»
Consumers fueled US economy in 3rd quarter as tariffs hit business investment
REUTERS/Brian Snyder The record-long expansion cooled in the third quarter but kept up a solid pace. The Commerce Department said Wednesday that gross domestic product.....»»
Two ULI reports foresee a solid real estate market through 2021
The current record-setting expansion in the U.S. economy and its real estate sector, which dates back to the start of this decade, should continue through 2021, but at a moderated pace......»»
Despite Tourism From China Slowing, New York Is Still On Pace For A Record 67 Million Visitors This Year
The headwinds that should be keeping tourists out of New York are pronounced, including an ongoing to trade war with China, the economy on the verge of recession in Europe and a relatively strong US dollar t.....»»
Canadian gold mine CEO: "Gold blossoms" in a low-interest rate economy
"This year we'll set record gold production ... [and] grow at a steady pace," Agnico Eagle Mines CEO Sean Boyd says......»»
Tourists in Los Angeles County pumped a record $22.7 billion into the local economy
A record-setting pace of tourists visiting Los A.....»»
US job growth might have picked up in May despite trade rift
U.S. employers are thought to have hired at a solid pace in May and helped extend the economy's nearly nine-year expansion — the second-longest on record — despite uncertainty caused by trade disputes......»»
Trump has America Back at Work
The US economy continued to create jobs in July but at a slower pace, while the tighter labor markets drove the unemployment rate back to near-record lows, the government rep.....»»
China May Shake Markets
The Chinese economy revealed fresh signs of softness Friday with data showing the pace of investment slowing to record lows while retail spending and industrial production stabilised. Bei.....»»
China February factory activity shrinks to three-year low, export orders worst in a decade
Factory activity in China contracted to a three-year low in February as export orders fell at the fastest pace since the global financial crisis, highlighting deepening cracks in an economy facing weak demand at home and abroad......»»
China Feb factory activity shrinks to 3-year low
Factory activity in China contracted to a three-year low in February as export orders fell at the fastest pace since the global financial crisis, highlighting deepening cracks in an economy facing weak demand at home and abroad. David Pollard reports......»»