Economic outlook

FILE- In this Nov. 28, 2018, file photo trader Michael Milano works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Dec. 4. (AP Photo/Richard Drew, File)
December 04, 2018 - 10:22 pm
Shares were moderately lower in Asia on Wednesday following a bloodletting on Wall Street as goodwill generated by a truce between the U.S. and China over trade evaporated in confusion over exactly what the two sides had agreed upon. The Dow Jones Industrial Average fell nearly 800 points. The...
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Federal Reserve Chairman Jerome Powell addresses the Federal Reserve Board's 15th annual College Fed Challenge Finals in Washington, Thursday, Nov. 29, 2018. (AP Photo/Cliff Owen)
November 29, 2018 - 5:00 pm
WASHINGTON (AP) — Federal Reserve officials earlier this month appeared on track to raise its key interest rate again in December, but they signaled that the pace of future rate hikes might need to slow given emerging risks to the economy, according to minutes of the discussions released Thursday...
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FILE- In this Jan. 30, 2018, file photo a rubber tire gantry moves into position to transfer shipping containers at the Georgia Ports Authority's Port of Savannah in Savannah, Ga. On Wednesday, Nov. 28, the Commerce Department issues the final estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Stephen B. Morton, File)
November 28, 2018 - 10:50 am
WASHINGTON (AP) — The U.S. economy expanded at a solid 3.5 percent annual rate in the July-September quarter, led by lower but still strong consumer spending and more business investment than previously estimated. The Commerce Department's figure for gross domestic product, released Wednesday, was...
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Britain's Chancellor Philip Hammond walks past 10 Downing Street in London, Thursday, Nov. 22, 2018. (AP Photo/Kirsty Wigglesworth)
November 28, 2018 - 10:50 am
LONDON (AP) — Britain will be poorer after leaving the European Union than if it had stayed in, no matter what sort of trade deal it has with the bloc, the government said Wednesday — unwelcome news for Prime Minister Theresa May as she tries to sell her Brexit divorce deal to a skeptical nation. A...
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November 21, 2018 - 5:44 am
PARIS (AP) — A global economic watchdog says world growth has passed its peak and faces growing risks, including from trade disputes and higher interest rates. The Organization for Economic Co-operation and Development, which advises many of the world's richest economies, said Wednesday it has cut...
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European Commissioner for Economic and Financial Affairs Pierre Moscovici presents the Autumn 2018 economic forecast at EU headquarters in Brussels, Thursday, Nov. 8, 2018. (AP Photo/Olivier Matthys)
November 08, 2018 - 10:54 am
MILAN (AP) — The Italian government insisted Thursday it is sticking with its plan to rapidly increase public spending as a dispute with the European Union over the budget intensified following a gloomy set of forecasts. In response to the EU's executive Commission's prediction that Italy will be...
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German Chancellor Angela Merkel arrives for the weekly cabinet meeting at the chancellery in Berlin, Germany, Wednesday, Nov. 7, 2018. (AP Photo/Michael Sohn)
November 07, 2018 - 6:13 am
BERLIN (AP) — The German government's panel of independent economic advisers has cut its growth forecast for this year, citing a tougher foreign trade environment, among other issues. The five advisers on Wednesday predicted growth of 1.6 percent this year in Europe's biggest economy, down sharply...
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Cuba's President Miguel Diaz-Canel, arrives at Moscow's Government Vnukovo airport for an official visit to Russia, Russia, Thursday, Nov. 1, 2018. Diaz-Canel is set to hold talks with Russian President Vladimir Putin on steps to expand cooperation between the two nations. (AP Photo/Alexander Zemlianichenko)
November 01, 2018 - 2:57 pm
MOSCOW (AP) — Cuban President Miguel Diaz-Canel arrived in Russia on Thursday for talks expected to focus on expanding economic ties between the two nations. As part of his three-day state visit, Diaz-Canel is set to meet with Russian President Vladimir Putin in the Kremlin on Friday. During the...
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November 01, 2018 - 8:36 am
LONDON (AP) — The Bank of England warned Thursday that Britain could suffer an economic shock if it crashes out of the European Union without a deal, saying it could cause another big fall in the value of the pound, potential gridlock at ports and even interest rate increases. After keeping its...
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In this Oct. 8, 2018, photo, tugboats move a container ship to the dockyard of a seaport in Qingdao in eastern China's Shandong province. Customs data on Friday, Oct. 12, 2018 showed China's trade surplus with the United States widened to a record $34.1 billion September as exports to the U.S. market rose by 13 percent over a year earlier despite a worsening tariff war. (Chinatopix via AP)
October 12, 2018 - 4:36 am
BEIJING (AP) — China's trade surplus with the United States widened to a record $34.1 billion in September as exports to the American market rose by 13 percent over a year earlier despite a worsening tariff war. Exports to the United States rose to $46.7 billion, down from August's 13.4 percent...
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