Economic growth

FILE - In this Sept. 5, 2019, file photo, Indian workers prepare packing of clutch buttons at an auto component manufacturing factory on the outskirts of New Delhi, India. Asian shares advanced Friday, Sept. 20, 2019, and India’s benchmark jumped 5.4% after the government announced plans to cut corporate taxes. (AP Photo/Altaf Qadri, File)
September 20, 2019 - 12:52 am
NEW DELHI (AP) — The Indian government on Friday announced a slew of concessions aimed at boosting the economy that will reduce most corporate taxes for local companies to about 25% from 30%. Finance Minister Nirmala Sitharaman said the lower tax rates will retroactively apply from April 1, the...
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A woman checks stock prices at a brokerage house in Beijing, Thursday, Sept. 19, 2019. Shares were mixed in Asia on Thursday, with Tokyo and Sydney logging modest gains after the Federal Reserve cut its benchmark interest rate for a second time this year, citing slowing global economic growth and uncertainty over U.S. trade conflicts. (AP Photo/Andy Wong)
September 18, 2019 - 11:11 pm
BANGKOK (AP) — Shares were mixed in Asia on Thursday, with Tokyo and Sydney logging modest gains after the Federal Reserve cut its benchmark interest rate for a second time this year, citing slowing global economic growth and uncertainty over U.S. trade conflicts. Japan's central bank opted to keep...
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Stock traders John Santiago, left, and Paul Cosentino work at the New York Stock Exchange, Wednesday, Sept. 18, 2019. The Federal Reserve is expected to announce its benchmark interest rate later in the day. (AP Photo/Mark Lennihan)
September 18, 2019 - 8:19 am
NEW YORK (AP) — Stocks moved broadly lower on Wall Street in midday trading Wednesday ahead of a highly anticipated decision from the Federal Reserve on interest rates. The Fed is expected to cut its benchmark interest for a second time this year. Close attention will be paid to any clues Fed...
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A commuter walks past a huge sign of the new pump prices of gasoline and diesel following its implementation Tuesday, Sept. 17, 2019, in suburban Valenzuela city north of Manila, Philippines. Monday saw another round of oil price increase in the country which energy officials said is not related to the recent attacks in Saudi Arabia but has cautioned the public to brace for more spikes in the coming days. (AP Photo/Bullit Marquez)
September 17, 2019 - 11:36 am
DALLAS (AP) — The price of gasoline crept higher after a weekend attack devastated Saudi Arabian oil output, but if the disruption to global supplies is short-lived, the impact on the U.S. economy will probably be modest. Prices spiked Monday by more than 14%, their biggest single-day jump in years...
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FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. Federal Reserve Chairman Jerome Powell said Friday, Sept. 6, 2019 that the Fed is not expecting a U.S. or global recession. But it is monitoring a number of uncertainties, including trade conflicts, and will "act as appropriate to sustain the expansion."(AP Photo/Manuel Balce Ceneta, File)
September 16, 2019 - 9:37 am
WASHINGTON (AP) — For a second straight time, the Federal Reserve is set to cut interest rates this week to try to protect the economy from the consequences of a global slowdown and President Donald Trump's trade war with China. After that, no one — not even the Fed itself — seems sure what it will...
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In this Thursday, Sept. 5, 2019, photo, a roadside fruit seller waits for customers as vehicles drive past in Noida on the outskirts of New Delhi, India. Confidence in the Indian economy is giving way to uncertainty as growth in the labor-intensive manufacturing sector has come to a near standstill, braking to 0.6% in the last quarter from 12.1% in the same period a year earlier. (AP Photo/Altaf Qadri)
September 16, 2019 - 12:10 am
NEW DELHI (AP) — Anuj Kapoor took over his father's booming auto parts business in 2012, hoping to elevate the company from selling to suppliers to selling directly to carmakers. Seven years later, he's had to lay off half his workers as drooping sales caused his profit to plummet by at least 80%...
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FILE - In this March 2, 2018 file photo, a worker cleans big machine parts of presses manufacturer Schüler AG in Goeppingen, Germany. German factory orders, a leading indicator of the health of Europe's biggest economy, dropped strongly in July, erasing gains from the previous month. The Federal Statistical Office reported Thursday industrial orders dropped 2.7% in July over June when adjusted for seasonal and calendar factors, wiping out a 2.7% June increase. (Marijan Murat/dpa via AP)
September 12, 2019 - 5:06 am
FRANKFURT, Germany (AP) — The European Central Bank on Thursday delivered a new blast of monetary stimulus to help the economy in the face of uncertainties like the U.S.-China trade conflict and Brexit. The central bank for the 19 countries that use the euro cut the rate on deposits it takes from...
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A party boat cruises over the river Main in Frankfurt, Germany, on a warm Saturday evening, Aug. 31, 2019. (AP Photo/Michael Probst)
September 11, 2019 - 8:22 am
FRANKFURT, Germany (AP) — The European Central Bank appears to be preparing a new shot of stimulus to prop up the economy, amid broader questions about whether central banks like the ECB and the U.S. Federal Reserve can re-energize global growth on their own. Analysts say the bank is likely to cut...
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FILE - In this April 12, 2018, file photo, packets of raw soybeans are placed on a table at a U.S. soybean company's booth at the international soybean exhibition in Shanghai, China. China has announced some U.S. industrial chemicals will be exempt from tariff hikes imposed in a trade war with Washington but maintained penalties on soybeans, pork and other farm goods. The Ministry of Finance's announcement Wednesday, Sept. 11, 2019 came ahead of October talks aimed at ending the fight over trade and technology that threatens global economic growth. (AP Photo/Andy Wong, File)
September 11, 2019 - 12:47 am
BEIJING (AP) — China announced Wednesday it will exempt American industrial grease and some other imports from tariff hikes in a trade war with Washington but kept in place higher duties on soybeans and other major U.S. exports ahead of negotiations next month. The move adds to suggestions both...
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FILE - In this June 4, 2019 file photo, job applicants line up at the Seminole Hard Rock Hotel & Casino Hollywood during a job fair in Hollywood, Fla. The number of open U.S. jobs slipped 0.4% in July, while hires rose slightly, a sign that some employers are growing cautious amid growing economic uncertainty. (AP Photo/Wilfredo Lee, File)
September 10, 2019 - 8:35 am
WASHINGTON (AP) — The number of open U.S. jobs slipped 0.4% in July, while hires climbed slightly, a sign that some employers may be growing cautious amid rising economic uncertainty. The Labor Department said Tuesday that employers advertised 7.22 million available jobs in July, down from a...
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