Tag: economy
US economy grows at 3.1% pace in third quarter, an upgrade from previous estimate
WASHINGTON -- The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an...
Brazil's currency drops to weakest level yet 4 as Lula's fiscal measures debated
SAO PAULO -- SAO PAULO (AP) — Brazil’s real on Wednesday fell to its weakest level against the dollar since the currency was...
Federal Reserve is set to cut key rate but consumers might not feel much benefit anytime soon
WASHINGTON -- Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next year compared with the past...
China's economy logs a lackluster performance in November as retail sales slow
BANGKOK -- China’s economy logged a mixed performance in November, the monthly government update said Monday, with retail sales slowing as consumers held...
Stock market today: Asian shares retreat, tracking Wall St decline as price data disappoint
HONG KONG -- Asian shares fell on Friday, tracking Wall Street's decline in response to potentially discouraging data on the economy. U.S....
Japan business survey shows slight improvement in outlook for manufacturers
BANGKOK -- A quarterly survey by Japan’s central bank shows business sentiment has improved slightly, especially in major heavy industries such as automaking,...