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Business Highlights

__ US economic growth slowed to 2.3 percent pace in Q1 WASHINGTON (AP) — The U.S. economy slowed to a moderate 2.3 percent annual growth rate in the first quarter as consumer spending turned in the weakest performance in nearly five years......»»

Category: topSource: foxnewsApr 27th, 2018

German economic growth slows in first quarter

Official data show that the German economy grew by 0.3 percent in the first quarter over the previous first-month period, a slower pace than in preceding quarters......»»

Category: topSource: foxnewsMay 15th, 2018

Toshiba says memory chip unit sale to boost annual profit by a third

TOKYO (Reuters) - Japan's Toshiba Corp said it expects net income to jump 33 percent this financial year thanks to profits from the planned $18 billion sale of its memory chip unit......»»

Category: topSource: reutersMay 14th, 2018

Economic Report: First-quarter GDP grows solid 2.3% as businesses grab baton from consumers

The U.S. grew in the first quarter at the slowest pace in a year owing to a big pullback in consumer spending, but the economy held up better than expected owing to strong business investment and a smaller trade deficit......»»

Category: topSource: marketwatchApr 27th, 2018

The British economy is growing at its slowest pace in more than 5 years

Reuters UK economy grows at its slowest rate in more than five years at the start of 2018. GDP grew by just 0.1% in the quarter, according to the Office for National Statistics. Britain was hit by a combination of "weaker .....»»

Category: topSource: businessinsiderApr 27th, 2018

Economy started year slowly, but will likely pick up pace, market watchers say

A slowdown in growth at the start of the year is not unusual. Economists expect GDP of 2 percent......»»

Category: topSource: foxnewsApr 27th, 2018

China: consumers boost Q1 growth despite trade worries

China's economy grew at a slightly faster-than-expected pace of 6.8 percent in the first quarter, buoyed by strong consumer demand, healthy exports and robust property investment. David Pollard reports......»»

Category: videoSource: reutersApr 17th, 2018

China first-quarter GDP grows 6.8 percent year-on-year, slightly more than expected

BEIJING (Reuters) - China's economy grew 6.8 percent in the first quarter of 2018 from a year earlier, official data showed on Tuesday, slightly above expectations and unchanged from the previous quarter......»»

Category: topSource: reutersApr 16th, 2018

Strong economy pushing Fed to consider faster pace of rate hikes even as trade-war risk grows

Federal Reserve officials leaned toward a slightly .....»»

Category: topSource: latimesApr 11th, 2018

US consumer prices rose 2.4 percent in March from year ago, fastest annual pace in 12 months

US consumer prices rose 2.4 percent in March from year ago, fastest annual pace in 12 months......»»

Category: topSource: foxnewsApr 11th, 2018

Oil was the only thing keeping Venezuela afloat. Now the government is too dysfunctional to even pump it.

Venezuela leads the world in two things: oil reserves and incompetence. What else can you say about an oil-based economy that's falling apart faster than ever before despite the fact that oil prices have risen more than 50 percent over the past year?.....»»

Category: topSource: washpostMay 18th, 2018

UN forecasting global economy will expand by over 3 percent

The United Nations is forecasting that the global economy will expand by more than 3 percent this year and next year — but it warns that increasing risks could trigger "a shock to investment and trade" and a sharp drop to 1.8 percent growth in 2019......»»

Category: topSource: foxnewsMay 17th, 2018

Survey Data Point To Japan"s Economy Gaining Strength After Disappointing Q1 GDP

Survey Data Point To Japan"s Economy Gaining Strength After Disappointing Q1 GDP.....»»

Category: topSource: seekingalphaMay 17th, 2018

As gig economy grows, lenders reluctant to relax income rules

Most U.S. mortgage lenders are not ready to relax income rules even as more Americans become part of the so-called gig economy, and banks are excluding income from this work on loan applications, a survey released on Wednesday showed......»»

Category: topSource: moneycentralMay 16th, 2018

Japan"s Longest Stretch of Growth in 28 Years Ends

Japan’s economy shrank in the first three months of 2018 due to weak private consumption and business investment, the first contraction since the final quarter of 2015......»»

Category: smallbizSource: wsjMay 16th, 2018

Japan"s longest growth streak since the late 1980s is over

Reuters/Issei Kato Japan's economy contracted 0.2% in the first quarter, according to Japanese government data. It was the first time in nine quarters the Japan.....»»

Category: topSource: businessinsiderMay 16th, 2018

Japan slumps; Starbucks doubles down in China; Macy"s earnings

1. Japan's growth streak ends: The world's third biggest economy contracted at an annualized rate of 0.6% in the first quarter of 2018, according to government data published Wednesday......»»

Category: topSource: moneyMay 16th, 2018

Japan"s Longest Stretch of Economic Growth in 28 Years Ends

Japan’s economy shrank in the first three months of 2018 due to weak private consumption and business investment, the first contraction since the final quarter of 2015......»»

Category: asiaSource: wsjMay 16th, 2018

Japan"s big growth streak just came to an end

The world's third-largest economy is shrinking again......»»

Category: topSource: cnnMay 15th, 2018

Global stock markets mixed amid trade uncertainty

Asian shares were mostly lower in muted trading Tuesday amid continuing uncertainty over trade tensions between China and the U.S. KEEPING SCORE: Japan's benchmark Nikkei 225 edged down 0.2 percent to finish at 22,818.02......»»

Category: topSource: foxnewsMay 15th, 2018