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Headlines from the Associated Press

Headlines from the Associated Press

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Greece: Fitch upgrades country's sovereign rating

Fri, 16 Feb 2018 23:13:13 GMT2018-02-16T23:13:13Z

ATHENS, Greece (AP) -- Ratings agency Fitch has upgraded Greece's sovereign credit status as the country heads toward an end to eight years of international bailout programs....

US inflation pressures raising expectations for rate hikes

Wed, 14 Feb 2018 19:55:07 GMT2018-02-14T19:55:07Z

WASHINGTON (AP) -- Inflation pressures appear to be building in the U.S. economy, a prospect that is heightening anxiety about potentially higher borrowing rates that could slow economic growth....

Falling 0.3 pct in January, a broad decline in retail sales

Wed, 14 Feb 2018 14:45:58 GMT2018-02-14T14:45:58Z

WASHINGTON (AP) -- Americans pulled back on buying cars, furniture and other goods in January, pushing retail sales down by 0.3 percent, the biggest decline in 11 months....

Is inflation rising as investors fear? 5 ways to keep track

Wed, 14 Feb 2018 01:30:37 GMT2018-02-14T01:30:37Z

WASHINGTON (AP) -- After nearly a decade of being all but invisible, inflation - or the fear of it - is back....

Japan's economy grows at 0.5 percent annual pace in Oct-Dec

Wed, 14 Feb 2018 00:51:06 GMT2018-02-14T00:51:06Z

TOKYO (AP) -- Japan's economy grew at a slower than expected 0.5 percent annual pace in the October-December quarter, as strong exports failed to fully compensate for relatively weak domestic demand....

Stock drop could pose risk to US economy _ if it endures

Sun, 11 Feb 2018 14:58:05 GMT2018-02-11T14:58:05Z

WASHINGTON (AP) -- The tumble in U.S. stock prices has inflicted psychological pain and financial losses - at least on paper - for people with a meaningful stake in the market. Their anxiety conjures another fear, too: That consumers and businesses might slash their spending in response....

UK growth downgrade possible after run of weak figures

Fri, 09 Feb 2018 10:20:31 GMT2018-02-09T10:20:31Z

LONDON (AP) -- A day after the Bank of England hinted that interest rates in the U.K. could rise at a faster pace than financial markets had been expecting, a run of economic figures suggest the British economy did not end 2017 as strongly as previously thought....

Mexico central bank raises key interest rate to 7.5 percent

Thu, 08 Feb 2018 19:59:46 GMT2018-02-08T19:59:46Z

MEXICO CITY (AP) -- Mexico's central bank has decided to raise its key interbank interest rate from 7.25 percent to 7.5 percent, citing expectations of a U.S. rate increase in March and continued volatility in exchange rates for the Mexican peso....

Retail group: Annual retail sales to rise 3.8 to 4.4 percent

Thu, 08 Feb 2018 18:02:48 GMT2018-02-08T18:02:48Z

NEW YORK (AP) -- An improving economy and tax changes should help retail sales increase 3.8 percent to 4.4 percent this year, an industry trade group said Thursday....

The Latest: Pound rises further on UK rates outlook

Thu, 08 Feb 2018 14:09:38 GMT2018-02-08T14:09:38Z

LONDON (AP) -- The Latest on the Bank of England's interest rate decision (all times local):...