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Economic Growth

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MEXICO CITY (AP) — Mexico’s economy slowed in the third quarter, posting a slight contraction compared to the previous three months, but still well above the same quarter a year earlier, according to data released Thursday by its National Institute of Statistics and Geography.

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WASHINGTON (AP) — The U.S. economy slowed to a modest annual rate of 2.1% in the July-September quarter according to the government’s second read of the data, slightly better than its first estimate. But economists are predicting a solid rebound in the current quarter as long as rising inflation and a recent uptick in COVID cases do not derail activity.

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WASHINGTON (AP) — Federal Reserve Chair Jerome Powell gambled last year that his ultra-low rate policies would help revive an economy that had sunk deep into a pandemic-induced recession. So far, his bet has mostly paid off.

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NAIROBI, Kenya (AP) — Ethiopia’s once rapidly growing economy is taking another hit tied to its yearlong war, with global clothing manufacturer PVH Corp. saying it is closing its facility there because of the “speed and volatility of the escalating situation.”

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LONDON (AP) — The British economy slowed down during the third quarter of the year as widespread supply chain problems hobbled the recovery from the coronavirus pandemic, official figures showed Thursday.

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Groups that raise money for nonstop flight incentives are common across the country, and they typically use air service development consultants to assist in negotiations with airlines, said Stan Sallee, chair of the Tulsa County Board of Commissioners. Minimum revenue guarantees are designed to reduce an airline’s risk of financial loss over the ramp-up period of new nonstop service.

Groups that raise money for nonstop flight incentives are common across the country, and they typically use air service development consultants to assist in negotiations with airlines, said Stan Sallee, chair of the Tulsa County Board of Commissioners. Minimum revenue guarantees are designed to reduce an airline’s risk of financial loss over the ramp-up period of new nonstop service.

  • Updated

TRUMP: “At the end of the year, the assumption that I win, I’m going to terminate the payroll tax ... We’ll be paying into Social Security through the general fund.” — news conference Wednesday.

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