Economic outlook

January 04, 2019 - 3:22 am
WASHINGTON (AP) — Even with fear of a global economic slump depressing stock markets, Friday's jobs report for December is expected to offer reassurance that the U.S. economy remains sturdy and on track to expand for a 10th straight year. Economists have forecast that the Labor Department will...
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FILE - In this Sept. 8, 2010 file photo, auto worker Brenda Hedland takes a picture of the first Chevrolet Cruze compact sedan to come off the assembly line at a ceremony inside the GM factory in Lordstown, Ohio. Sales of new vehicles in the U.S. rose slightly in 2018, defying predictions and highlighting a strong economy. (AP Photo/Amy Sancetta, File)
January 03, 2019 - 7:32 pm
DETROIT (AP) — Sales of new vehicles in the U.S. rose slightly in 2018, defying predictions and highlighting a strong economy. Automakers reported an increase of 0.3 percent over a year ago to 17.27 million vehicles. The increase came despite rising interest rates, a volatile stock market, and...
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FILE- In this Jan. 30, 2018, file photo, a container ship waits to be unloaded at the Port of Oakland in Oakland, Calif. The U.S. economy expanded at a solid 3.4 percent annual rate in the third quarter, slightly slower than the previous estimate as consumer spending and exports were revised lower. The economy is expected to slow further in the current quarter. The Commerce Department said Friday, Dec. 21, 2018, that growth in the gross domestic product, the economy’s total output of goods and services, was revised down from an earlier estimate of 3.5 percent. (AP Photo/Ben Margot, File)
December 21, 2018 - 5:28 pm
WASHINGTON (AP) — The U.S. economy has turned in a stellar performance this year. But mounting problems, from trade tensions to jittery financial markets and political gridlock in Washington, are expected to sharply slow growth in 2019. The Commerce Department estimated Friday that the economy, as...
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This photo shows the exterior of the New York Stock Exchange on Thursday evening, Dec. 20, 2018. Stocks went into another slide Thursday in what is shaping up as the worst December on Wall Street since the depths of the Great Depression, with prices dragged down by rising fears of a recession somewhere on the horizon. The Dow Jones Industrial Average dropped 464 points, bringing its losses to more than 1,700 since last Friday. (AP Photo/Patrick Sison)
December 21, 2018 - 8:28 am
LONDON (AP) — Stock markets all around the world fell further Friday amid growing fears about the outlook for the global economy and ongoing concerns about the pace of interest rate increases in the U.S. Many stock markets are on track to end 2018 more than 10 percent lower than where they started...
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Anti-Brexit demonstrators wave flags outside the houses of Parliament in London, Wednesday Dec. 19, 2018. (AP Photo/Tim Ireland)
December 20, 2018 - 10:15 am
LONDON (AP) — The Bank of England warned Thursday that uncertainties related to Brexit have "intensified considerably" since early November and weighing on the U.K. economy. While unanimously deciding to keep the bank's main interest rate unchanged at 0.75 percent, as expected, the nine-member rate...
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Federal Reserve Chairman Jerome Powell speak at a news conference in Washington, Wednesday, Dec. 19, 2018. The Federal Reserve is raising its key interest rate for the fourth time this year to reflect the U.S. economy's continued strength but signaling that it expects to slow hikes next year. (AP Photo/Susan Walsh)
December 19, 2018 - 9:34 pm
WASHINGTON (AP) — The Federal Reserve raised its key interest rate Wednesday for the fourth time this year to reflect the U.S. economy's continued strength but signaled that it expects to slow its rate hikes next year. Despite the forecast for fewer hikes, investors sent stocks plunging once...
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Federal Reserve Chairman Jerome Powell speak at a news conference in Washington, Wednesday, Dec. 19, 2018. The Federal Reserve is raising its key interest rate for the fourth time this year to reflect the U.S. economy's continued strength but signaling that it expects to slow hikes next year. (AP Photo/Susan Walsh)
December 19, 2018 - 3:42 pm
NEW YORK (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 3:35 p.m. Federal Reserve Chairman Jerome Powell says that future interest rate decisions will likely depend more on newly released economic data than in the recent past. This would allow the Fed greater...
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People walk by an electronic stock board of a securities firm in Tokyo, Wednesday, Dec. 19, 2018. Asian stocks were mixed on Wednesday, as traders mulled over the Federal Reserve's interest rate decision and weaker-than-expected Japanese trade data.(AP Photo/Koji Sasahara)
December 19, 2018 - 4:22 am
SINGAPORE (AP) — World stocks were mostly higher Wednesday ahead of an expected rate hike by the Federal Reserve, while Asian indexes were weighed by Japanese data that showed its exports slowing in November. KEEPING SCORE: In Europe, Germany's DAX gained 0.1 percent to 10,756.02 and France's CAC...
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FILE - In this Nov. 20, 2018, file photo an American flag flies outside New York Stock Exchange. Stocks are opening solidly higher on Wall Street as the market claims back some of the ground it lost in steep drops over the previous two days. Technology and industrial stocks were among the biggest winners in early trading Tuesday, Dec. 18. (AP Photo/Mary Altaffer, File)
December 18, 2018 - 10:32 pm
SINGAPORE (AP) — Asian stocks were mixed on Wednesday, as traders mulled over the Federal Reserve's interest rate decision and weaker-than-expected Japanese trade data. KEEPING SCORE: Japan's Nikkei 225 index fell 0.4 percent to 21,025.10 while South Korea's Kospi rose 0.6 percent to 2,074.38. Hong...
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A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Tuesday, Dec. 18, 2018. Asian stocks fell on Tuesday, tracking losses on Wall Street as traders braced for an interest rate hike by Federal Reserve. (AP Photo/Lee Jin-man)
December 18, 2018 - 4:07 am
SINGAPORE (AP) — World markets were mostly lower on Tuesday, tracking losses on Wall Street as traders braced for an interest rate hike by Federal Reserve. KEEPING SCORE: In Europe, Germany's DAX was 0.1 percent lower at 10,765.49 and France's CAC 40 slipped 0.4 percent to 4,781.19. Britain's FTSE...
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