Economy Jul 30 Inflation remaining stubbornly high, U.S. economy grows sluggish 1.5% in 2nd quarter By Paul Wiseman, Associated Press
Economy Jul 08 World economy expected to grow sluggish 3% this year, IMF says The IMF forecasts assume that the Strait of Hormuz reopens later this month — even though U.S. strikes on Iran resumed and President Donald Trump declared Wednesday that a ceasefire with Iran was over. By Paul Wiseman, Associated Press
Economy Apr 30 U.S. economy grew 2% from January-March, but Iran war clouds outlook “This is a split-screen economy.”… By Paul Wiseman, Associated Press
Economy Apr 14 IMF cuts the outlook for global growth in the fallout from from Iran war The Iran war has stalled the world's economic momentum this year, likely pushing growth lower compared to 2025, the International Monetary Fund warned Tuesday. By Paul Wiseman, Associated Press
Economy Mar 13 U.S. economy expands slowly at 0.7% in fourth quarter, downgrading from initial government estimate Growth in gross domestic product — the nation's output of goods and services — was down sharply from 4.4% in last year's third quarter and 3.8% in the second. By Paul Wiseman, Associated Press
Jan 22 Consumer spending pushes U.S. economy up 4.4% in third quarter, fastest in two years By Paul Wiseman, Associated Press Powered by strong consumer spending, the U.S. economy grew at the fastest pace in two years from July through September, the government said Thursday in a slight upgrade of its first estimate. Continue reading
Mar 27 U.S. economy grew 2.4 percent in 4th quarter of 2024 after upgrade in growth estimate By Paul Wiseman, Associated Press It’s unclear whether the United States can sustain that growth as President Donald Trump wages trade wars, purges the federal workforce and promises mass deportations of immigrants working in the country illegally. Continue reading
Mar 05 China targets economic growth of 'around 5 percent' despite looming trade war with U.S. By Simina Mistreanu, Ken Moritsugu, Associated Press The Chinese government unveiled an annual economic growth target of “around 5 percent” on Wednesday, despite the possible negative impact of a looming trade war with the United States, and pledged to address what it called “sluggish” consumer spending at home. Continue reading
Sep 26 U.S. economy grew at a solid amount last quarter, government says in final estimate By Paul Wiseman, Associated Press The Commerce Department reported that the nation's gross domestic product — the nation's total output of goods and services — growth picked up sharply in the second quarter. Continue reading
Aug 29 U.S. economic growth revised up to solid 3 percent annual rate for second quarter of 2024 By Paul Wiseman, Associated Press The U.S. economy grew last quarter at a healthy 3 percent annual pace, fueled by strong consumer spending and business investment, the Department of Commerce said Thursday in an upgrade of its initial assessment. Continue reading