Economic outlook

July 23, 2017 - 8:24 am
MADRID (AP) — Spain's economic minister says the economy is doing better than the government expected as it continues to rebound strongly from recession. Minister Luis de Guindos tells Spanish newspaper ABC that he expects Spain's economy to expand 3.2 percent this year. Last month Spanish Prime...
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FILE - In this Wednesday, June 14, 2017, file photo, Federal Reserve Chair Janet Yellen speaks in Washington, to announce the Federal Open Market Committee decision on interest rates following a two-day meeting. Yellen releases her semiannual report to Congress, Friday, July 7, 2017. (AP Photo/Susan Walsh, File)
July 07, 2017 - 12:47 pm
WASHINGTON (AP) — The Federal Reserve said Friday it expects the U.S. economy will strengthen and warrant further gradual increases in its key interest rate. That rate forecast was included in the Fed's semi-annual monetary report to Congress, which Chair Janet Yellen will deliver to Congress next...
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In this Thursday, June 15, 2017, photo, a construction worker continues work on a condominium project in Coral Gables, Fla. On Friday, July 7, 2017, the Labor Department will release the U.S. jobs report for June. (AP Photo/Alan Diaz)
July 07, 2017 - 6:36 am
WASHINGTON (AP) — Eight years after the Great Recession ended, the economy is steadily churning out jobs, and the unemployment rate is at a 16-year low. Yet for most Americans, a key measure of economic health — pay growth — still lags behind pre-recession norms. That isn't likely to change Friday...
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July 06, 2017 - 4:39 pm
WASHINGTON (AP) — Eight years after the Great Recession ended, the economy is steadily churning out jobs, and the unemployment rate is at a 16-year low. Yet for most Americans, a key measure of economic health — pay growth — still lags behind pre-recession norms. That isn't likely to change Friday...
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Spanish Prime Minister Mariano Rajoy gestures as he arrives to meet his Polish counterpart in Warsaw, Poland, Friday, June 30, 2017. Rajoy came to Poland along with his government for consultations with the Polish government. (AP Photo/Alik Keplicz)
June 30, 2017 - 10:21 am
MADRID (AP) — Spain is revising its economic growth forecast for this year upward to 3 percent from 2.7 percent, a further sign of the country's surging recovery. Speaking Friday in Warsaw, Poland, Prime Minister Mariano Rajoy said that the latest estimate by the Spanish central bank that the...
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FILE - In this Oct. 8, 2014, file photo, people walk to work on Wall Street beneath a statue of George Washington, in New York. Health care and retail companies are helping stocks climb again Wednesday, Jan. 24, 2018, as the market heads for its fourth gain in a row. (AP Photo/Mark Lennihan, File)
June 19, 2017 - 10:08 am
NEW YORK (AP) — U.S. stock indexes drifted higher in early trading Monday, led by technology companies, to again clinch record heights. They followed the lead of European markets, which jumped after French election results raised expectations for more pro-business economic reforms. KEEPING SCORE:...
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June 16, 2017 - 4:11 am
TOKYO (AP) — The Bank of Japan opted Friday to keep its lax monetary policy intact, while noting signs of improvement in the world's third largest economy. A statement issued by the central bank said it expects demand to accelerate, supporting a "moderate expansion." The central bank's key interest...
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FILE - In this Thursday, March 23, 2017, file photo, Federal Reserve Chair Janet Yellen steps offstage after speaking at the Federal Reserve System Community Development Research Conference in Washington. There isn’t much suspense about what the Fed will announce when its latest policy meeting ends: That it’s raising its key short-term rate for the third time in six months. But anticipation surrounds the possibility that the Fed could signal policy shifts in a statement it will issue, in updated economic forecasts and in a news conference with Yellen. (AP Photo/Cliff Owen, File)
June 14, 2017 - 2:09 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): ___ 2:05 p.m. Federal Reserve policymakers lowered their forecasts for inflation and unemployment, and continued to predict they would raise rates once more this year. Fed officials now expect the U.S...
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June 13, 2017 - 5:26 am
FRANKFURT, Germany (AP) — A German index of economic optimism among investors fell in June despite improving growth prospects for the country and its trading partners in the 19-country eurozone. The ZEW indicator of economic sentiment dipped to 18.6 points, down 2.0 points from May, and remains...
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In this Thursday, Jan. 19, 2017, photo, a construction worker continues work at the SLS Lux in the Brickell neighborhood of Miami. The SLS LUX is a 57-story residential and hotel property developed by the Related Group, and is scheduled to open in 2017. Exactly eight years after the Great Recession ended, the U.S. job market has settled into a sweet spot of steadily solid growth. (AP Photo/Lynne Sladky)
June 02, 2017 - 12:29 am
WASHINGTON (AP) — Exactly eight years after the Great Recession ended, the U.S. job market has settled into a sweet spot of steadily solid growth. The 4.4 percent unemployment rate matches a decade low. Many people who had stopped looking for jobs are coming off the sidelines to find them. More...
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