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Europe's easy money taps to be tightened _ very slowly

Fri, 20 Oct 2017 16:11:30 GMT2017-10-20T16:11:30Z

FRANKFURT, Germany (AP) -- The economy of the 19 countries that use the euro currency is growing ever stronger, and it's time for the European Central Bank to start telling the public how it will phase out its extraordinary stimulus measures....



Europe's easy money taps to be tightened _ very slightly

Fri, 20 Oct 2017 13:01:22 GMT2017-10-20T13:01:22Z

FRANKFURT, Germany (AP) -- The economy of the 19 countries that use the euro currency is growing ever stronger, and it's time for the European Central Bank to start telling the public how it will phase out its extraordinary stimulus measures....



British retail sales slip amid household income squeeze

Thu, 19 Oct 2017 10:19:07 GMT2017-10-19T10:19:07Z

LONDON (AP) -- Official figures show that retail sales in Britain fell by a bigger than anticipated 0.8 percent in September, a drop that analysts say has its roots in the squeeze on household incomes by a spike in inflation....



Bank of Korea raises South Korea's outlook on strong exports

Thu, 19 Oct 2017 05:46:53 GMT2017-10-19T05:46:53Z

SEOUL, South Korea (AP) -- South Korea's central bank said Thursday Asia's fourth-largest economy is likely to grow at a 3.0 percent annual pace this year, helped by strong exports....



China's economic growth stays stable as ruling party meets

Thu, 19 Oct 2017 03:12:06 GMT2017-10-19T03:12:06Z

BEIJING (AP) -- China's economic growth stayed relatively stable in the latest quarter, buoyed by strength in retail spending and exports, giving the ruling Communist Party a boost as it prepares to appoint President Xi Jinping to a new term as leader....



UK interest rates set to rise as inflation hits 3 percent

Tue, 17 Oct 2017 13:02:28 GMT2017-10-17T13:02:28Z

LONDON (AP) -- Inflation in Britain is set to rise above 3 percent in the next month or two as Brexit-related price increases push through the economy, the Bank of England's governor warned Tuesday, reinforcing expectations interest rates will soon rise for the first time in a decade....



US retail sales leapt 1.6 pct. last month, most in 2 ½ years

Fri, 13 Oct 2017 12:34:21 GMT2017-10-13T12:34:21Z

WASHINGTON (AP) -- Americans increased their spending at retailers last month by the most in two and a half years, driven by strong auto sales as residents of hurricane-ravaged areas replaced destroyed cars....



IMF: World economy is picking up speed

Tue, 10 Oct 2017 14:46:42 GMT2017-10-10T14:46:42Z

WASHINGTON (AP) -- The world economy is picking up momentum....



Highlights of AP interview with Nobel winner Richard Thaler

Mon, 09 Oct 2017 19:18:35 GMT2017-10-09T19:18:35Z

WASHINGTON (AP) -- Richard Thaler of the University of Chicago was awarded the Nobel prize for economics Monday for his work explaining how human behavior often doesn't fit rational economic models. Outside his profession, Thaler is probably best known for appearing alongside pop star Selena Gomez in the movie "The Big Short," explaining how human mistakes contributed to the financial crisis....



A snapshot of Nobel economics winner Richard Thaler

Mon, 09 Oct 2017 19:00:33 GMT2017-10-09T19:00:33Z

NAME: Richard Thaler...