Economic outlook

Acting OMB Director Russ Vought speaks during a press briefing at the White House, Monday, March 11, 2019, in Washington. (AP Photo/ Evan Vucci)
March 11, 2019 - 9:41 pm
WASHINGTON (AP) — The Latest on President Donald Trump's proposed 2020 budget (all times local): 9:35 p.m. Hospital groups are objecting strongly to hundreds of billions of dollars in proposed Medicare and Medicaid payment cuts in President Donald Trump's budget. Two major hospital trade groups did...
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March 11, 2019 - 12:39 am
BANGKOK (AP) — Shares were mixed in Asia on Monday as investors awaited further developments in trade talks between the U.S. and China. Major benchmarks were mostly higher, with the Shanghai Composite up 1.2 percent to 3,006.19 and the Hang Seng in Hong Kong gaining 0.7 percent to 28,433.78. Weaker...
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In this Thursday, March 7, 2019, photo visitors to the Pittsburgh veterans job fair meet with recruiters at Heinz Field in Pittsburgh. On Friday, March 8, the U.S. government issues the February jobs report, which will reveal the latest unemployment rate and number of jobs U.S. employers added. (AP Photo/Keith Srakocic)
March 08, 2019 - 11:17 am
WASHINGTON (AP) — Hiring tumbled in February, with U.S. employers adding just 20,000 jobs, the smallest monthly gain in nearly a year and a half. The slowdown in hiring, though, might have been depressed by harsh winter weather and the partial shutdown of the government. Last month's weak gain came...
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FILE- In this March 4, 2019, file photo a worker cleans a jet bridge before passengers boarded an Alaska Airlines flight to Portland, Ore., at Paine Field in Everett, Wash. On Friday, March 8, the U.S. government issues the February jobs report, which will reveal the latest unemployment rate and number of jobs U.S. employers added. (AP Photo/Ted S. Warren, File)
March 08, 2019 - 6:29 am
WASHINGTON (AP) — U.S. employers are thought to have extended their streak of hiring in February even as the overall economy is showing signs of slowing. On Friday, the government is expected to report that the economy added 182,000 jobs last month, down from a blockbuster gain of 304,000 in...
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Dark clouds hang over the city with its bank buildings in Frankfurt, Germany, on a windy Thursday morning, March 7, 2019. (AP Photo/Michael Probst)
March 07, 2019 - 12:02 pm
FRANKFURT, Germany (AP) — The European Central Bank took unexpectedly quick action on Thursday to support a slowing economy, joining the U.S Federal Reserve and Chinese leadership in their attempts to counter worries about global growth. The central bank for the 19 countries that use the euro...
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FILE- In this Jan. 3, 2019, file photo customers enter a McDonald's restaurant near an employment sign visible in Atlantic Highlands, N.J. On Wednesday, March 6, payroll processor ADP reports how many jobs private employers added in February. (AP Photo/Julio Cortez, File)
March 06, 2019 - 9:21 am
WASHINGTON (AP) — U.S. businesses added a solid 183,000 jobs in February, a private survey found, a sign that companies are continuing to hire even as economic growth is likely slowing. Payroll processor ADP said Wednesday that last month's job gains were down from the 300,000 added in January, a...
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February 28, 2019 - 1:37 pm
WASHINGTON (AP) — The U.S. economy turned in a solid performance in 2018, boosted in part by tax cuts and higher government spending. But growth slowed by year's end, and most economists envision a weaker outlook for the coming months and probably years. The nation's gross domestic product, the...
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European Commissioner for Economic and Financial Affairs Pierre Moscovici talks to journalists at the European Commission headquarters in Brussels, Wednesday, Feb. 27, 2019. The European Union says it's concerned about Italy's debt and is warning the government in Rome to shore up its public finances. (AP Photo/Francisco Seco)
February 27, 2019 - 8:38 am
BRUSSELS (AP) — The European Union expressed concern about Italy's debt levels Wednesday and warned the government in Rome to push through measures to shore up the public finances. In a review of Italy's economic performance — one of the 28-nation bloc's biggest economies — the European Commission...
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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 - 3:45 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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