Economic outlook

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...
Read More
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...
Read More
German Foreign Minister Heiko Maas, left, speaks during a press conference with his Iranian counterpart Mohammad Javad Zarif after their talks in Tehran, Iran, Monday, June 10, 2019. Iran's foreign minister warned the U.S. on Monday that it "cannot expect to stay safe" after launching what he described as an economic war against Tehran, taking a hard-line stance amid a visit by Germany's top diplomat seeking to defuse tensions. (AP Photo/Ebrahim Noroozi)
June 10, 2019 - 5:03 pm
TEHRAN, Iran (AP) — Iran's foreign minister warned the U.S. on Monday that it "cannot expect to stay safe" after launching what he described as an economic war against Tehran, taking a hard-line stance amid a visit by Germany's top diplomat seeking to defuse tensions. A stern-faced Mohammad Javad...
Read More
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-...
Read More
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...
Read More
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...
Read More
June 05, 2019 - 4:26 am
LONDON (AP) — A closely watched survey shows that the eurozone economy picked up a little bit of steam in May to expand at a three-month high rate. Financial information firm IHS Markit said Wednesday that its purchasing managers index — a broad gauge of economic activity across manufacturing and...
Read More
A woman walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, June 5, 2019. Shares surged Wednesday in Asia following a rally on Wall Street spurred by signs the Federal Reserve is ready to cut interest rates to support the U.S. economy against risks from escalating trade wars.(AP Photo/Eugene Hoshiko)
June 05, 2019 - 3:11 am
BANGKOK (AP) — Shares surged Wednesday in Asia following a rally on Wall Street spurred by signs the Federal Reserve is ready to cut interest rates to support the U.S. economy against risks from escalating trade wars. But most markets gave back some gains after the World Bank said it was...
Read More
Agriculture Secretary Sonny Perdue laughs with a reporter on the North Lawn of the White House in Washington, Thursday, May 23, 2019.(AP Photo/Andrew Harnik)
May 23, 2019 - 8:08 pm
WASHINGTON (AP) — President Donald Trump rolled out another $16 billion in aid for farmers hurt by his trade policies, and financial markets shook Thursday on the growing realization that the U.S. and China are far from settling a bitter, year-long trade dispute. U.S. Agriculture Secretary Sonny...
Read More
Cars for export and import are stored in front of containers on Thursday, May 16, 2019 at the harbor in Bremerhaven, Germany, with 2 million vehicles per annum one of the largest automobile hubs in the world. US President Donald Trump is delaying any decision to impose tariffs on car and auto-part imports for now. (AP Photo/Martin Meissner)
May 20, 2019 - 8:25 am
BERLIN (AP) — Germany's central bank says it expects the country's economy, Europe's biggest, to turn in a feeble performance in the current quarter after returning to growth in the winter. Solid consumer spending and a construction boom helped the economy grow by 0.4% in the January-March period...
Read More

Pages