News That Matters

Tag: fourth

Economists slash growth for fourth quarter after big retail sales drop

Economists slash growth for fourth quarter after big retail sales drop

Finance
Economists slashed fourth-quarter GDP forecasts Thursday, and now see growth closer to 2 percent than 3 percent, after a surprise drop in December retail sales. According to the CNBC/Moody's Analytics Rapid Update, economists in the survey see growth tracking at a median 2.4 percent pace, down 0.7 percentage points. December's retail sales fell 1.2 percent, compared to an expected gain of 0.2 percent. Economists said the report, delayed by the government shutdown, was suspect since it was not consistent with other economic data, like strong December and January job gains. ...
UK growth slows to 0.2% in fourth quarter of 2018

UK growth slows to 0.2% in fourth quarter of 2018

Business
By James Sillars, business reporter UK economic growth eased to 0.2% in the final quarter of 2018 as the clock ticked down to Brexit, official figures show.The preliminary figure from the Office for National Statistics (ONS) represented a significant slowdown on the 0.6% achieved between July and September but was in line with economists' forecasts. It meant that, subject to revisions, the economy grew by 1.4% over the 12 months - its weakest performance since 2014.The pound fell below $ 1.29 following the data release - a fall of almost half a cent - as investors digested the damage from Brexit uncertainty and the wider headwinds in the global economy linked to the US trade war with China. Image: The high street endured a t...
Crystal Palace 2-0 Tottenham Hotspur in the FA Cup fourth round

Crystal Palace 2-0 Tottenham Hotspur in the FA Cup fourth round

Sports
Media playback is not supported on this device Tottenham went out of their second knockout competition in four days after defeat by Crystal Palace in the FA Cup fourth round at Selhurst Park.Having lost a Carabao Cup semi-final to Chelsea on penalties on Thursday, Spurs were 2-0 down inside 35 minutes.Connor Wickham marked his first start since November 2016 with a goal before a penalty by ex-Spurs midfielder Andros Townsend doubled the lead. Spurs missed a penalty before half-time when Kieran Trippier blazed wide.'Being realistic, we are doing so well' - PochettinoWat...
AFC Wimbledon 4-2 West Ham United in FA Cup fourth round

AFC Wimbledon 4-2 West Ham United in FA Cup fourth round

Sports
League One AFC Wimbledon pulled off a stunning FA Cup shock by beating West Ham to reach the fifth round.The Dons, bottom of the third tier of English football, surged into a 3-0 lead against the Premier League side courtesy of Kwesi Appiah's deflected strike and Scott Wagstaff's double either side of half-time.West Ham boss Manuel Pellegrini made a triple substitution at the break in an attempt to get back into the game and saw two of his changes - Lucas Perez and Felipe Anderson - score to make it 3-2. But AFC Wimbledon, who were beaten 3-0 at home to Fleetwood in their last league game on Tuesday, continued to push men forward and put the seal on a famous victory courtesy of Toby Sibbick's...