Economic outlook

February 22, 2019 - 5:07 am
BERLIN (AP) — Business confidence in Germany has fallen for the sixth consecutive month and hit a four-year low as worries persist about the outlook for Europe's biggest economy at a time of global trade tensions, a closely watched survey showed Friday. The Ifo institute said its monthly index...
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FILE- In this Dec. 24, 2018, photo a last-minute shopper scans his mobile device next to a sign marking discounts on coats at Columbia store as shoppers finish up their Christmas gift lists at the Outlet Malls in Castle Rock in Castle Rock, Colo. The On Thursday, Feb. 14, 2019, the Commerce Department releases U.S. retail sales data for December. (AP Photo/David Zalubowski, File)
February 14, 2019 - 5:59 pm
WASHINGTON (AP) — U.S. retail sales fell in December, posting the biggest drop since September 2009 and delivering more evidence that last year's holiday sales fizzled unexpectedly. Even e-commerce suffered a big setback. The Commerce Department said Thursday that December retail sales fell 1.2...
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The Governor of the Bank of England, Mark Carney speaks during a news conference to confirm the main interest rate will remain at 0.75 percent, at the Bank of England in London, Thursday Feb. 7, 2019. The Bank of England said that Brexit uncertainties and a weaker global economy overall, mean that British growth in 2019 is likely to be 1.2 percent. (Hannah McKay/Pool via AP)
February 07, 2019 - 9:54 am
LONDON (AP) — The British economy is set to grow at its slowest rate since the global financial crisis a decade ago as the "fog of Brexit" causes heightened uncertainty, the Bank of England warned Thursday. With Britain due to leave the European Union in just 50 days, the central bank said that...
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Green traffic lights shine above the city of Frankfurt, Germany, Tuesday, Feb. 5, 2019. (AP Photo/Michael Probst)
February 07, 2019 - 5:04 am
BRUSSELS (AP) — European Union officials have slashed their growth forecast for the 19 countries that use the euro, saying even the reduced estimate was vulnerable to "large uncertainty" from slowing growth in China and weakening global trade. The EU's executive Commission cut the forecast for this...
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February 06, 2019 - 3:02 am
BERLIN (AP) — German factory orders were down 1.6 percent in December compared with the previous month, official data showed Wednesday — a worse-than-expected performance that adds to worries about slowing growth in Europe's biggest economy. Economists had expected a 0.3 percent increase. However,...
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FILE- In this Jan. 30, 2019, file photo a buyer wanders between display walls of coats at the Outdoor Retailer & Snow Show in the Colorado Convention Center in Denver. The National Retail Federation, the nation's largest retail trade group, is forecasting that retail sales could grow between 3.8 percent and 4.4 percent to more than $3.8 trillion this year as shoppers remain in a mood to spend in a strong economy. (AP Photo/David Zalubowski, File)
February 05, 2019 - 1:43 pm
NEW YORK (AP) — The National Retail Federation, the nation's largest retail trade group, forecasts that retail sales should grow between 3.8 percent and 4.4 percent to more than $3.8 trillion this year as shoppers remain in the mood to spend in a strong economy and job market. The forecast,...
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FILE - In this Nov. 2, 2017, file photo a recruiter from the postal service, right, speaks with an attendee of a job fair in the cafeteria of Deer Lakes High School in Cheswick, Pa. U.S. employers likely kept adding jobs at a healthy pace in January even in the face of threats ranging from weakening global growth to the Trump administration's trade war with China to the partial shutdown of the government. On Friday, Feb. 1, 2019, the Labor Department will issue the monthly employment report, the first major economic report to cover most of the 35-day shutdown period that ended a week ago. (AP Photo/Keith Srakocic, File)
January 31, 2019 - 5:43 pm
WASHINGTON (AP) — U.S. employers likely kept adding jobs at a healthy pace in January even in the face of threats ranging from weakening global growth to the Trump administration's trade war with China to the partial shutdown of the government. On Friday, the Labor Department will issue the monthly...
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Italian Premier Giuseppe Conte delivers his speech during the inauguration ceremony of the ACSD (Africa Center for Climate and Sustainable Development) in Rome, Monday, Jan. 28, 2019. (Maurizio Brambatti/ANSA Via AP)
January 31, 2019 - 9:38 am
MILAN (AP) — Italy has fallen back into recession, intensifying concerns about the 19-country eurozone economy and a possible flare-up in the debt market jitters that haunted the bloc in recent years. The Italian economy, the third-largest in the eurozone, contracted by a quarterly rate of 0.2...
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News about the Brexit are seen on a television screen with the curve of the German stock index DAX in background at the stock market in Frankfurt, Germany, Wednesday, Jan. 30, 2019. (AP Photo/Michael Probst)
January 30, 2019 - 7:32 am
FRANKFURT, Germany (AP) — The clouds darkened over Europe's slowing economy on Wednesday as the German government slashed its growth forecast and said concerns about a chaotic Brexit and trade tensions were holding back the continent's powerhouse. Germany's Economy Ministry said Wednesday it was...
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In this Dec. 18, 2018, photo, a surveillance camera is mounted near the Huawei headquarters in Shenzhen in south China's Guangdong province. The U.S. Justice Department unsealed criminal charges Monday, Jan. 28, 2019 against Chinese tech giant Huawei, a top company executive and several subsidiaries, alleging the company stole trade secrets, misled banks about its business and violated U.S. sanctions. (AP Photo/Andy Wong)
January 30, 2019 - 4:58 am
WASHINGTON (AP) — U.S. and Chinese negotiators start two days of high-level talks Wednesday aimed at settling a six-month trade war that has weakened both sides, shaken financial markets and clouded the outlook for the global economy. Yet the odds seem stacked against any substantive resolution...
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