China's growth dropped last quarter to its lowest level in nearly three decades, as the world's second largest economy continues to feel the pain from the trade war with the United States.
The US economy grew at a better-than-expected rate in the first quarter, the Commerce Department reported Friday. The top-line number is a pleasant surprise in a quarter marked by a government shutdown, severe weather, Boeing's troubles with the 737 Max, fears of an escalating trade war and the gradual fading of fiscal stimulus from tax cuts.
The first report card of the year for the American economy is due on Friday. Hold tight.
US economic growth slowed slightly at the end of last year, but not nearly as much as feared by some economists.
On Thursday, we'll finally find out how the economy did at the end of 2018. The picture looks increasingly gloomy.
Companies and executives around the world are desperately trying to gauge the severity of China's economic slowdown. But getting a clear picture is very difficult.
Economic growth for the second quarter was even better than we thought.
President Donald Trump on Friday seized on a strong GDP growth rate for the second quarter of the year to tout the economic gains made during his presidency and argued the US is experiencing an economic boom.
Hillary Clinton told a receptive audience over the weekend in India that while she thought President Donald Trump played to some of Americans' worst fears, he does not reflect the country as a whole.
Donald Trump's top budget adviser defended the sweeping cuts proposed to social, foreign aid and environmental programs in the President's budget on Tuesday, arguing that the White House could no longer ask taxpayers for money to fund programs they believe to be inefficient.