Latest Gross domestic product News

A woman reacts as anti-government protesters clash with police in downtown Beirut, Lebanon, Monday, Jan. 27, 2020. Lebanese security forces scuffled Monday with protesters near the parliament building in downtown Beirut where lawmakers are scheduled to begin a two-day discussion and later approval of the budget amid a crippling financial crisis. (AP Photo/Hassan Ammar)

Clashes in crisis-hit Lebanon as lawmakers pass budget

Jan. 27, 2020 11:39 AM EST

BEIRUT (AP) — Lebanese lawmakers on Monday passed a controversial state budget for 2020 that aims to tackle the country's crippling financial crisis, as angry protesters threw stones at security forces massed outside the Parliament. Security forces were heavily deployed during the legislative meeting and...

UN: Global economic growth in 2019 was lowest of the decade

Jan. 16, 2020 7:37 PM EST

UNITED NATIONS (AP) — The global economy recorded its lowest growth of the decade in 2019, falling to 2.3% as a result of protracted trade disputes and a slowdown in domestic investment, the United Nations said Thursday. The U.N.'s annual report, the World Economic Situation and Prospects 2020, forecast a...

FILE - In this Oct. 28, 2019, file photo a Matson container ship passes the Golden Gate Bridge in Sausalito, Calif. On Friday, Dec. 20, the Commerce Department issues the third estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Eric Risberg, File)

US economic growth and consumer spending show resilience

Dec. 20, 2019 3:04 PM EST

WASHINGTON (AP) — The U.S. economy, which only recently was flashing warning signs of a worrisome slowdown, is finishing the year in stronger shape, thanks to a resilient consumer, a healthy job market and interest rate cuts by the Federal Reserve. The Commerce Department said Friday that the gross...

This Week: Housing starts, Nike results, US GDP

Dec. 16, 2019 10:33 AM EST

A look at some of the key business events and economic indicators upcoming this week: HOUSING BELLWETHER Builders have stepped up new construction as sales have accelerated this year. Newly started residential construction projects increased to a seasonally adjusted annual rate of 1.31 million in October....

FILE - In this Thursday, July, 5, 2018 file photo, a jockey truck passes a stack of 40-foot China Shipping containers at the Port of Savannah in Savannah, Ga. Defying fears and predictions, the American job market is still shrugging off President Donald Trump’s trade wars. Employers added an impressive 266,000 jobs in November, and unemployment returned to a 50-year low 3.5% _ all at a time when the Trump administration is engaged in a bruising trade war with China while fighting other U.S. trading partners as well. (AP Photo/Stephen B. Morton)

Q&A: Does a manufacturing slump threaten the US economy?

Dec. 7, 2019 10:52 AM EST

WASHINGTON (AP) — Defying fears and predictions, the U.S. economy is still shrugging off President Donald Trump’s trade conflicts. Employers added a sizzling 266,000 jobs in November, and unemployment matched a 50-year low of 3.5% — all while the Trump administration is waging a bruising...

NATO Secretary General Jens Stoltenberg, left, and British Prime Minister Boris Johnson, right, welcome U.S. President Donald Trump during a NATO leaders meeting at The Grove hotel and resort in Watford, Hertfordshire, England, Wednesday, Dec. 4, 2019. NATO Secretary-General Jens Stoltenberg rejected Wednesday French criticism that the military alliance is suffering from brain death, and insisted that the organization is adapting to modern challenges. (AP Photo/Francisco Seco)

Trump aims for role of NATO statesman but mars unity message

Dec. 4, 2019 8:49 PM EST

WATFORD, England (AP) — Aiming to play the role of global statesman as the impeachment drama was unfolding in Washington, President Donald Trump instead shattered NATO’s professed message of unity at its 70th anniversary celebration in England and put his personal and policy differences with...

British Prime Minister Boris Johnson, left, reaches out to shake hands with U.S. President Donald Trump at the official arrivals for a NATO leaders meeting at The Grove hotel and resort in Watford, Hertfordshire, England, Wednesday, Dec. 4, 2019. NATO Secretary-General Jens Stoltenberg rejected Wednesday French criticism that the military alliance is suffering from brain death, and insisted that the organization is adapting to modern challenges. (AP Photo/Francisco Seco)

The Latest: Greece and Turkey note ‘differences’

Dec. 4, 2019 2:07 PM EST

WATFORD, England (AP) — The Latest on the NATO summit near London (all times local): 7:05 p.m. Greece’s new prime minister, Kyriakos Mitsotakis, says differences between Greece and neighbor Turkey “will continue to exist.” Mitsotakis said he had “open talks” with Turkish...

President Donald Trump meets French President Emmanuel Macron at Winfield House, Tuesday, Dec. 3, 2019, in London. (AP Photo/ Evan Vucci)

Trump takes bold stance at NATO as impeachment boils at home

Dec. 3, 2019 5:50 PM EST

LONDON (AP) — Thumping his chest on the world stage as he faces an impeachment inquiry at home, President Donald Trump claimed credit Tuesday for transforming NATO as the military alliance marks its 70th anniversary. But he also clashed with America's NATO allies, especially French President Emmanuel...

Protests slam Chile’s economy: GDP down 3.4% in October

Dec. 2, 2019 1:32 PM EST

SANTIAGO, Chile (AP) — The protests that have swept across Chile over the past month have caused a big hit to its economy. The country’s Central Bank says GDP contracted by 3.4% in October and analysts says November’s performance could be worse. Protests sparked by a subway far hike broke out...