Economic outlook

June 30, 2019 - 11:02 pm
TOKYO (AP) — A closely watched quarterly survey by Japan's central bank released Monday showed declining confidence in the economic outlook among major manufacturers as trade tensions between the U.S. and China add to worries over regional and global growth. The Bank of Japan's weak "tankan"...
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FILE - In this June 19, 2019, file photo cargo containers are stacked on a ship at the Port of Los Angeles in Los Angeles. On Thursday, June 27, the Commerce Department issues the third and final estimate of how the U.S. economy performed in the January-March quarter. (AP Photo/Marcio Jose Sanchez, File)
June 27, 2019 - 9:36 pm
WASHINGTON (AP) — The U.S. economy grew at a healthy 3.1% rate in the first three months of this year, but signs are mounting that growth has slowed sharply in the current quarter amid slower global growth and a confidence-shaking trade battle between the United States and China. The gain in the...
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Federal Reserve Chair Jerome Powell speaks on the economy outlook and monetary policy review at the Council on Foreign Relations, in New York, Tuesday, June 25, 2019. (AP Photo/Richard Drew)
June 25, 2019 - 3:41 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday the economic outlook has become cloudier since early May, with rising uncertainties over trade and global growth causing the central bank to reassess its next move on interest rates. Speaking to the Council on Foreign Relations...
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FILE - In this June 19, 2019, file photo trader Robert Chamak works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, June 25. (AP Photo/Richard Drew, File)
June 25, 2019 - 2:43 pm
Stocks fell on Wall Street in afternoon trading Tuesday after discouraging economic data and cautionary remarks from the head of the Federal Reserve stoked investors' worries that the U.S. economy is slowing. In an early afternoon speech, Fed Chairman Jerome Powell noted that the economic outlook...
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Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, June 19, 2019. (AP Photo/Manuel Balce Ceneta)
June 19, 2019 - 2:55 pm
NEW YORK (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 2:55 p.m. Federal Reserve Chairman Jerome Powell says he would serve his full-term as head of the U.S. central bank even if President Donald Trump tries to demote him. Powell tells reporters at a...
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FILE - In this June 4, 2019, file photo Federal Reserve Chairman Jerome Powell speaks at a conference involving its review of its interest-rate policy strategy and communications in Chicago. On Wednesday, June 19, the Federal Reserve releases its latest monetary policy statement and updated economic projections. (AP Photo/Kiichiro Sato, File)
June 17, 2019 - 11:59 am
WASHINGTON (AP) — Jerome Powell has tantalized the financial world with the prospect that the Federal Reserve he leads may soon cut interest rates for the first time in over a decade. Probably not quite yet, though. When the Fed issues a policy statement Wednesday and Powell holds a news conference...
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FILE- In this May 19, 2019, file photo, a line of unsold 2019 CX-5 sports-utility vehicles sits at a Mazda dealership in Littleton, Colo. On Friday, June 14, the Commerce Department releases U.S. retail sales data for May. (AP Photo/David Zalubowski, File)
June 14, 2019 - 8:58 am
WASHINGTON (AP) — Americans stepped up their retail spending last month, a sign that low unemployment and modest wage gains are encouraging consumers to shop. The Commerce Department said Friday that retail sales rose 0.5% in May, after a smaller gain of 0.3% in the previous month. April's figure...
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FILE - In this Aug. 31, 2017, file photo, workers produce vehicles at Volkswagen's U.S. plant in Chattanooga, Tenn. Top Tennessee Republicans are predicting economic harm if a vote to unionize Volkswagen's car assembly plant in Chattanooga passes. (AP Photo/Erik Schelzig, File)
June 07, 2019 - 3:45 pm
NASHVILLE, Tenn. (AP) — Top Tennessee Republicans are predicting economic harm if workers at Volkswagen's car assembly plant in Chattanooga vote to unionize, and they are following a blueprint that helped GOP officials sink a similar vote five years ago. Volkswagen workers in Chattanooga voted 712-...
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Visitors take photos of a statue of a bull along a shopping street in Beijing, Friday, June 7, 2019. Asian shares were mostly higher Friday on investor optimism about a possible trade deal between the U.S. and Mexico before tariffs take effect. (AP Photo/Mark Schiefelbein)
June 07, 2019 - 7:54 am
TOKYO (AP) — Global markets were mostly higher Friday with investors optimistic about a U.S.-Mexico trade deal and what economists expect to be solid U.S. jobs numbers. France's CAC 40 climbed 1.5% to 5,358. Germany's DAX picked up 0.8% to 12,049, while Britain's FTSE 100 gained 0.9% to 7,325. Wall...
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Classic American cars sit parked as their drivers await tourists in Havana, Cuba, Wednesday, June 5, 2019. Drivers of classic cars, owners of private restaurants, guides, handicrafts vendors and owners of rooms for rent will be among the most affected by the Trump administration’s new restrictions on travel to Cuba. (AP Photo/Ismael Francisco)
June 05, 2019 - 6:02 pm
HAVANA (AP) — Drivers of classic cars, restaurateurs, tour guides and owners of bed-and-breakfasts are all saying the Trump administration's new restrictions on U.S travel to Cuba will be a severe blow to their businesses. The restrictions announced Tuesday eliminate U.S. cruise travel to Cuba...
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