- Germany raises tax income forecast, bolstering budget plans Updated: May-04-16 9:48 am
BERLIN - Germany has raised its forecast for government tax income thanks to a healthy economy and low unemployment, bolstering its insistence that it can continue to avoid running up new debt.
- Survey: Upcoming election makes small business owners wary Updated: May-03-16 12:05 am
NEW YORK - Uncertainty about the approaching presidential election is leading small business owners to take a wait-and-see approach to the economy and their companies, a survey published Tuesday shows.
- US construction spending up 0.3 pct., led by home building Updated: May-02-16 12:03 pm
WASHINGTON - U.S. construction spending advanced in March to its highest level in more than eight years. Gains in home building and nonresidential construction offset a drop in government projects.
- Tax receipts on farm machinery fall in agriculture slowdown Updated: May-01-16 12:34 pm
PIERRE, South Dakota - South Dakota's sales tax collections on farm equipment have fallen from record highs in recent years as profits in the agriculture sector decline, a slide that has forced farmers to tighten budgets and caused sales slumps for machinery dealers.
- US economy struggles at start of election year Updated: Apr-28-16 3:36 pm
WASHINGTON - It was not a great start for the U.S. economy.
- Japan central bank holds fire on fresh monetary stimulus Updated: Apr-28-16 3:59 am
TOKYO - Japan's central bank stunned financial markets Thursday with a decision not to splash out still more monetary stimulus for the ailing economy - apart from zero-interest loans for an earthquake zone.
- IMF expects $500B revenue loss for Mideast oil exporters Updated: Apr-25-16 5:50 am
DUBAI, United Arab Emirates - Oil exporting countries in the Middle East lost a staggering $390 billion in revenue due to lower oil prices last year, and should brace for even deeper losses of around $500 billion this year, the International Monetary Fund said Monday.
- The Latest: ECB chief downplays idea of 'helicopter money' Updated: Apr-21-16 9:23 am
FRANKFURT, Germany - The Latest on the European Central Bank's policy meeting and news conference (all times local):
- More Americans are expected to remodel their homes this year Updated: Apr-21-16 9:06 am
WASHINGTON - A rising number of Americans are preparing to renovate their homes this year, a potential boost for the economy, according to projections released Thursday by Harvard University's Joint Center for Housing Studies.
- Budget woes force Kansas to delay road work, cut colleges Updated: Apr-20-16 9:35 pm
TOPEKA, Kansas - Kansas plans to delay major highway projects and cut additional spending at state universities, a top aide to Republican Gov. Sam Brownback announced Wednesday, after a new pessimistic fiscal forecast blew a hole in the state's budget.
- The Latest: Kansas governor, top Democrat spar over taxes Updated: Apr-20-16 7:42 pm
TOPEKA, Kansas - The Latest on Kansas' new fiscal forecast (all times local):
- Wyoming unemployment climbs amid energy downturn Updated: Apr-20-16 1:42 pm
CASPER, Wyoming - Wyoming's climbing jobless rate is higher than any time since 2012 and expected worsen as the state's energy-driven economy slows.
- Economic pain predicted in Oklahoma amid slumping oil prices Updated: Apr-19-16 6:54 pm
OKLAHOMA CITY - Slumping energy prices and dwindling tax collections already have punched a $1.3 billion hole in Oklahoma's budget for next year, but there may be more economic "pain on the horizon," one of the nation's top ratings agency said Tuesday.
- UNO real estate research institute gets $600,000 gift Updated: Apr-18-16 3:14 am
NEW ORLEANS - The University of New Orleans' Institute for Economic Development and Real Estate Research has received a $600,000 donation from Latter and Blum CEO Robert Merrick that will help set up a support fund for the program.
- Has China's slowdown bottomed out? Growth at 6.7 pct in 1Q Updated: Apr-15-16 12:16 am
HONG KONG - China's economic growth slowed in the first quarter to 6.7 percent, largely in line with expectations, but its slowest pace since the global financial crisis.
- New York becomes last state to remove ban on pro MMA fights Updated: Apr-14-16 5:45 pm
ALBANY, New York - New York ended its ban on professional mixed martial arts - the last hold-out in the nation - opening the cages for major fights in its big venues and lower-level scraps across the state.
- Putin seeks to charm, insists Russian economy on the mend Updated: Apr-14-16 12:30 pm
MOSCOW - Mixing wry jokes with economic statistics, Russian President Vladimir Putin sought to reassure the nation during his annual marathon call-in TV show Thursday, promising that its troubled economy will rebound and vowing to make other countries take account of Russia's interests.
- US retail sales fall in March as Americans buy fewer cars Updated: Apr-13-16 10:52 am
WASHINGTON - U.S. retail sales fell last month as Americans cut back on their car purchases, the latest sign that consumers are reluctant to spend freely.
- Finance officials facing a chronically weak global economy Updated: Apr-12-16 10:03 am
WASHINGTON - World finance officials who meet in Washington this week confront a bleak picture: Eight years after the financial crisis erupted, the global economy remains fragile and at risk of another recession.
- Obama, Fed chair Yellen discuss outlook for economy Updated: Apr-11-16 5:09 pm
WASHINGTON - With the U.S. economy improving, President Barack Obama and Federal Reserve Chair Janet Yellen discussed the outlook for near and long-term economic growth during a Monday afternoon meeting in the Oval Office, the White House said.
- AP-GfK Poll: Obama's approval rises with improving economy Updated: Apr-11-16 5:12 am
WASHINGTON - As many in the United States hold their noses in the search for the next president, they're increasingly warming to the president they already have.
- Polish workers in UK worry about possibility of Brexit Updated: Apr-09-16 5:56 am
WARSAW, Poland - Hundreds of thousands of people whose personal fates hinge on whether Britain leaves the European Union or stays don't even have a say in the matter: Polish immigrants, a community so numerous that Polish has become Britain's second most-spoken language.
- Fed minutes show officials wary of April rate hike Updated: Apr-06-16 2:48 pm
WASHINGTON - Federal Reserve policymakers were split at their last meeting over how to respond to a slowing global economy, with two officials supporting a rate hike in March even as an opposing group felt that even raising rates in April would be too soon.
- Poverty in Russia rising at fastest pace since 1990s turmoil Updated: Apr-06-16 8:35 am
MOSCOW - Poverty is rising in Russia at the fastest pace since the dark days of financial and political crisis in the 1990s, the World Bank warned Wednesday.