- Budget bill considered in New Mexico Legislature Updated: Feb-06-16 6:38 pm
SANTA FE, New Mexico - New Mexico's Republican-led House of Representatives voted to approve a $6.3 billion budget that increases spending on Medicaid health care, early childhood education and prisons while cutting funding to state colleges and universities.
- Many see cause for optimism despite slower US job growth Updated: Feb-05-16 5:12 pm
WASHINGTON - Consider looking past January's so-so job growth.
- Energy loans likely to cause further losses for big banks Updated: Feb-05-16 12:52 pm
NEW YORK - The nation's six largest banks have hit an oil slick.
- Minot Air Force Base economic impact estimated at $600M Updated: Feb-05-16 12:43 pm
MINOT, North Dakota - Minot Air Force Base officials say the facility contributed nearly $600 million to the local economy last year.
- Friday's jobs report could ease US recession fears. Or not. Updated: Feb-05-16 3:46 am
WASHINGTON - U.S. manufacturing is shrinking, corporate profits are declining and goods are piling up on warehouse shelves. Those trends have elevated concern that a U.S. recession may loom in the next year or two.
- Tesla gigafactory job creation slower than first projected Updated: Feb-04-16 12:53 pm
CARSON CITY, Nevada - Electric carmaker Tesla's northern Nevada battery plant is creating jobs more slowly than first projected, although state officials say it's still making satisfactory progress.
- Chance of UK rate increase fades amid global uncertainty Updated: Feb-04-16 9:57 am
LONDON - The likelihood that the Bank of England will raise interest rates in coming months receded on Thursday, after the bank cut its economic forecasts due to the slowdown in global growth and market turmoil.
- Europe's top economic authorities warn of risks to growth Updated: Feb-04-16 7:14 am
FRANKFURT, Germany - Europe's top economic authorities warned Thursday of the dangers to the region from the slowdown in China, weak inflation and heightened geopolitical uncertainties.
- Hawaii economists predict growth, note challenges for state Updated: Feb-03-16 9:07 pm
HONOLULU - Hawaii economists on Wednesday predicted steady economic growth for the rest of the year, but they warned of challenges lying ahead.
- China top economic planner predicts 6.5 to 7 percent growth Updated: Feb-03-16 6:39 am
BEIJING - China's top economic planner on Wednesday predicted that the world's second-biggest economy will grow between 6.5 and 7 percent this year.
- Cheap oil buoys consumers, shakes up global governments Updated: Feb-02-16 12:02 pm
Cheap oil will be sticking around for a while.
- Medicaid edges out political agendas in New Mexico Updated: Feb-01-16 3:53 pm
SANTA FE, New Mexico - Rising health care costs linked to the expansion of Medicaid in New Mexico combined with faltering state revenues are crowding out initiatives sought by Gov. Susana Martinez.
- Midwest economic survey figures rise for 1st time in months Updated: Feb-01-16 11:18 am
OMAHA, Nebraska - January results from a survey of supply managers in nine states in the Midwest and Plains suggest some improvement in the regional economy, but the conditions apparently didn't engender much optimism from those surveyed, according to a report released Monday.
- US economy likely slowed sharply in October-December quarter Updated: Jan-29-16 3:18 am
WASHINGTON - The U.S. economy likely slowed significantly in the final three months of 2015 - and the picture seems to have grown gloomier in the first few weeks of 2016.
- Malaysia cuts growth forecast, cuts budget as oil slides Updated: Jan-28-16 3:36 am
KUALA LUMPUR, Malaysia - Malaysia on Thursday cut its 2016 growth forecast and slashed spending plans as the economy reels from the slump in oil prices, dealing a new setback to embattled Prime Minister Najib Razak.
- Private business hopes for bigger role in Vietnam economy Updated: Jan-28-16 12:53 am
BAT TRANG, Vietnam - After a decade of uneven progress, foreign and local businesses hope the reshuffled leadership of Vietnam's ruling Communist Party will double down on modernizing an economy dominated by state companies.
- Philippine growth short of target at 5.8 percent in 2015 Updated: Jan-28-16 12:00 am
MANILA, Philippines - The Philippine economy grew 5.8 percent in 2015, short of even lowered government expectations after being hampered by a weak world economy, El Nino and slow government spending in the first half of the year.
- Editorial Roundup: Excerpts from recent editorials Updated: Jan-27-16 6:00 pm
Excerpts from recent editorials in newspapers in the United States and abroad:
- Congressional agency reduces health law sign-up predictions Updated: Jan-25-16 3:51 pm
WASHINGTON - Fewer people than expected are purchasing health insurance under President Barack Obama's health care law, a report confirmed on Monday.
- Business economists expect slower sales, sluggish economy Updated: Jan-25-16 12:02 am
WASHINGTON - Business economists are more pessimistic about their firms' future sales and profits than they were last fall, and more predict slower economic growth, a survey found.
- IMF sees 2016 negative growth for Latin America, Caribbean Updated: Jan-22-16 8:07 pm
WASHINGTON - The International Monetary Fund is forecasting that the economies of Latin America and the Caribbean will maintain this year the same overall 0.3 percent negative growth seen in 2015.
- Venezuela congress nixes Maduro request for emergency powers Updated: Jan-22-16 5:57 pm
CARACAS, Venezuela - Venezuela's opposition-led congress on Friday rejected President Nicolas Maduro's request for emergency powers amid a plunging national economy, the depths of which were dramatized by an IMF estimate that inflation this year will top 700 percent.
- Weak growth and shaky markets put pressure on central banks Updated: Jan-22-16 2:08 pm
WASHINGTON - The world's central banks are under pressure to do something about slumping economies and panicky stock markets.
- Gov. Edwards budget plan at odds with lawsuit settlement Updated: Jan-21-16 7:31 pm
BATON ROUGE, Louisiana - Gov. John Bel Edwards' proposal to redirect Gulf oil spill recovery money to rebalance this year's budget appears to conflict with a legal settlement the state struck two years ago, aimed at ending a lawsuit over Louisiana's "rainy day" fund.
- Edwards owes up to $155M to cover Jindal's business deals Updated: Jan-21-16 4:14 pm
BATON ROUGE, Louisiana - When Bobby Jindal exited the governor's office, he left behind a string of IOUs for his economic development deals, at least $155 million of which could come due during the next four years of Gov. John Bel Edwards' term.