Monday, August 3, 2020

All posts tagged "growth"

  • Puerto Rico Briefs Congress on Debt-Exchange Plan, Calls for Broad Restructuring Regime

    SAN JUAN — Representatives of the Puerto Rico government briefed Congress staffers for about two hours on Friday over Gov. Alejandro García Padilla administration’s latest plan to restructure a large chunk of its $70 billion debt, while...

    • Posted February 5, 2016
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  • Friday’s Jobs Report Could Ease US Recession Fears. Or Not.

    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. Yet in...

    • Posted February 5, 2016
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  • Chance Of UK Rate Increase Fades amid Global Uncertainty

    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. The...

    • Posted February 4, 2016
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  • Survey: Growth at US Services Companies Slowed in January

    WASHINGTON – A private survey says U.S. services companies grew in January at the slowest rate in nearly two years, as global economic challenges are showing some signs of spreading to consumers. The Institute for Supply Management...

    • Posted February 3, 2016
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  • Eurozone Economy ‘Losing Steam’ amid Market Turmoil

    LONDON – The economic recovery in the 19-country eurozone lost steam in January, a closely watched survey found Wednesday, a sign that the turmoil in global financial markets is beginning to weigh on business activity. Financial information...

    • Posted February 3, 2016
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  • US Consumer Spending Flat, Savings Rate at 3-year High

    WASHINGTON – U.S. consumers kept their spending flat in December and instead boosted their savings rate to the highest level in three years. Consumer spending was unchanged in December after rising 0.5 percent in November, the Commerce...

    • Posted February 1, 2016
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  • US Stocks Soar to Finish Tough Month as Tech Stocks Climb

      NEW YORK – Stocks soared on the last trading day of January, with Microsoft, Visa and other tech stocks making the biggest gains in a broad market rally Friday. Indexes rose throughout the day and finished...

    • Posted January 29, 2016
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  • US Economy is Expected to Strengthen after Weak 4th Quarter

    WASHINGTON – The U.S. economy struggled to grow in the October-December quarter as consumer spending, business investment and exports slowed. Yet despite global weakness and shrunken oil and stock prices, many economists expect growth to accelerate on...

    • Posted January 29, 2016
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  • First BanCorp Posts Net Income of $15M in 4Q, $21.3M for 2015

    SAN JUAN – First BanCorp, the bank holding company for FirstBank Puerto Rico, on Friday reported net income of $15 million for the fourth quarter (4Q) of 2015, or $0.07 per diluted share, compared with $14.8 million,...

    • Posted January 29, 2016
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  • French Economy Weakened by Attacks, Weather at End of 2015

    PARIS – France’s economy grew by a weak 1.1 percent in 2015, as its last quarter was weighed down by the Nov. 13 attacks in Paris and an unseasonably warm winter. The national economic statistics agency on...

    • Posted January 29, 2016
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