WASHINGTON— Consumers boosted their spending in October at the fastest pace in seven months, while their incomes rose by the largest amount in nine months — both good signs for future economic growth. Consumer spending rose a sharp 0.6 percent last month, the Commerce Department reported Thursday. It was the biggest increase since a similar … Continue reading WASHINGTON | US consumer spending up strong 0.6 percent in October
LONDON— Official figures show that the British economy grew in the third quarter of the year at its fastest pace for nearly two years. The Office for National Statistics said Friday that the economy expanded by a quarterly rate of 0.6 percent in the July to September period. That’s up from the previous quarter’s 0.4 … Continue reading LONDON | UK economy grows at fastest tick in nearly 2 years
WASHINGTON — US employers added a robust 250,000 jobs in October and lifted wages at fastest pace since 2009 By Associated Press.
NEW YORK — The latest on developments in financial markets (all times local): 4:00 p.m. U.S. stock indexes are closing lower Friday after a surprisingly strong jobs report pushed investors to gird for higher interest rates. Investors sold high-dividend stocks as bond yields rose, and tech stocks rebounded from recent losses. Tesla slumped 6.3 percent … Continue reading NEW YORK | Markets Right Now: Stocks wobble amid trade concerns
WASHINGTON— U.S. productivity grew at an annual rate of 2.9 percent in the second quarter, the fastest pace in more than three years, while labor costs actually fell. The April-June increase in productivity followed a much weaker 0.3 percent rate of gain in the first quarter, the Labor Department reported Wednesday. It was the strongest … Continue reading WASHINGTON | US productivity grew at strong 2.9 percent rate in Q2
WASHINGTON — US consumer prices rise in June from year ago at fastest pace in 6 years. By Associated Press
BERLIN/January 11, 2018 (AP)(STL.News) —The German economy accelerated last year to grow by 2.2 percent, putting in its strongest performance for six years thanks primarily to increasing demand at home, official data showed Thursday. The figure released by the Federal Statistical Office was the strongest since 2011, when Europe’s biggest economy grew by 3.7 percent. Gross … Continue reading German economy grew in 2017 at fastest pace in 6 years