fastest pace

NEW YORK | Markets Right Now: Stocks wobble amid trade concerns

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 | US productivity grew at strong 2.9 percent rate in Q2

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

German economy grew in 2017 at fastest pace in 6 years

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