U.S. economy grows solid 2.3% in October-December on eve of Trump return to White House, 2.8% in '24

WASHINGTON (AP) — A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what could be a significant change in direction under a Trump administration. The Commerce Department reported Thursday that gross domestic...

European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy

FRANKFURT, Germany (AP) — The European Central Bank cut its key interest rate on Thursday to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to navigate political turmoil in leading economies France and Germany. ...

Europe's economy stagnated with zero growth in last quarter of 2024 as eurozone's biggest economy Germany struggled

FRANKFURT, Germany (AP) — Europe's economy stagnated with zero growth in last quarter of 2024 as eurozone's biggest economy Germany struggled.