Tag: Economic outlook
New Zealand spending plan includes rebuilding Antarctic base
WELLINGTON, New Zealand — New Zealand plans to rebuild its Antarctic base and spend billions more on welfare payments as part of a spending...
AP FACT CHECK: Hyperbole from Biden, GOP on state of economy
WASHINGTON — President Joe Biden and House Republicans alike are revising history when asserting that the new administration set records in U.S. job creation...
Choppy jobs recovery could mean bumpy economic rebound
April's catastrophic jobs report is a sign that while the U.S. economy continues its post-pandemic recovery, the road ahead will be bumpy.
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UN raises global economic forecast to 5.4% growth in 2021
UNITED NATIONS — The United Nations on Tuesday responded to the rebounding Chinese and U.S. economies by revising its global economic forecast upward to...
EU economy to expand, bouncing back from pandemic crisis
BRUSSELS — The European Union economy is set to bounce back strongly this year after the deep coronavirus recession and member states are forecast...
German investors increasingly optimistic as COVID cases fall
BERLIN — German investors are increasingly optimistic about the country's economy as the latest surge of new coronavirus infections seems to be slowing, a...
Top Fed official says Fed far from achieving its goals
WASHINGTON — A top Federal Reserve official says the outlook for the U.S. economy is bright but the recent jobs report is a reminder...
Big US job gain expected, if employers found enough workers
WASHINGTON — With viral cases declining, consumers spending again and more businesses easing restrictions, America's employers likely delivered another month of robust hiring in...
This Week: Construction spending, Uber earns, jobs report
A look at some of the key business events and economic indicators upcoming this week:
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Powell sees need to help most vulnerable in uneven recovery
WASHINGTON — Federal Reserve Chairman Jerome Powell says the economic outlook has “clearly brightened” in the United States but the recovery remains too uneven...