Economic outlook

FILE- In this Nov. 23, 2018, file photo shoppers walk through Dolphin Mall on Black Friday in Miami. On Tuesday, Jan. 29, 2019, the Conference Board releases its January index on U.S. consumer confidence. (AP Photo/Lynne Sladky, File)
January 29, 2019 - 11:44 am
WASHINGTON (AP) — U.S. consumer confidence tumbled this month to its lowest reading in a year and a half, tested by the partial government shutdown and roiling financial markets. Still, consumer spirits remain robust by historic standards. The Conference Board, a business research group, said...
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White House chief economic adviser Larry Kudlow speaks during a press briefing at the White House, Monday, Jan. 28, 2019, in Washington. (AP Photo/ Evan Vucci)
January 28, 2019 - 4:14 pm
WASHINGTON (AP) — The Latest on the Congressional Budget Office predicting that economic growth will slow (all times local): 4:05 p.m. The director of the National Economic Council is rejecting a Congressional Budget Office assessment showing slowed growth following a five-week government shutdown...
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FILE- In this Oct. 26, 2018, file photo the rising sun silhouettes the U.S. Capitol dome at daybreak in Washington. A new government report says that the U.S. budget deficit is set to hit $897 billion this year and predicts that economic growth will slow as the effects of President Donald Trump’s tax cut on business investment begin to drop off. (AP Photo/Alex Brandon, File)
January 28, 2019 - 11:15 am
WASHINGTON (AP) — The federal government shutdown will cause slight permanent harm to the economy — about $3 billion — according to a report Monday by the Congressional Budget Office. The report says the five-week shutdown has slowed growth in the near term but that most of the lost growth "will...
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House Speaker Nancy Pelosi of Calif., accompanied by House Democratic members, listens to a reporters question after signing a deal to reopen the government on Capitol Hill in Washington, Friday, Jan. 25, 2019. (AP Photo/Andrew Harnik)
January 26, 2019 - 4:06 pm
BALTIMORE (AP) — The U.S. economy will likely resume its steady growth now that the government has reopened, though economists say some scars — for the nation and for federal workers — will take time to heal. Most analysts estimate that the 35-day partial shutdown shaved a few tenths of a...
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January 25, 2019 - 4:22 am
BERLIN (AP) — There was mounting concern about the German economy Friday after a key indicator showed business confidence falling and there were reports the government is lowering its growth forecasts for this year. The Ifo Institute said its business confidence index dropped to 99.1 points in...
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President of European Central Bank Mario Draghi talks to the media during a press conference following the meeting of the ECB governing council in Frankfurt, Germany,Thursday, Jan.24, 2019. (Arne Dedert/dpa via AP)
January 24, 2019 - 11:36 am
FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi on Thursday issued a darker outlook for the region's economy and said the bank is ready to use all its monetary levers in case the slowdown takes a turn for the worse. Draghi said after Thursday's policy meeting that risks to the 19...
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Singer and co-founder of RED Bono, 2nd right, gestures to Afsaneh Mashayekhi Beschloss, founder of RockCreek, Christine Lagarde, Managing Director of IMF and Rwanda President Paul Kagame, from left, as he arrives for the "Closing the Financing Gap" session at the annual meeting of the World Economic Forum in Davos, Switzerland, Wednesday, Jan. 23, 2019. (AP Photo/Markus Schreiber)
January 23, 2019 - 5:40 pm
DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local): 11:35 p.m. France's economy minister says he expects the future chief of Renault to consolidate the French automaker's alliance with Japanese partner Nissan. Bruno Le Maire was alluding to the...
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FILE- In this Jan. 18, 2019, file photo specialist Anthony Rinaldi, left, and trader Robert Gasparino work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Jan. 22. (AP Photo/Richard Drew, File)
January 22, 2019 - 4:44 pm
NEW YORK (AP) — Stocks fell sharply Tuesday following new signs the global economy is weakening and reports of difficulties in trade talks between the U.S. and China. That broke a four-day winning streak for U.S. indexes. Major global indexes traded lower after the International Monetary Fund...
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A man checks stock prices through his smartphone at a brokerage house in Beijing, Tuesday, Jan. 22, 2019. Asian markets were mostly lower on Tuesday after the International Monetary Fund trimmed its global outlook for 2019 and 2020. This came after China said its economy grew at the slowest pace in 30 years. (AP Photo/Andy Wong)
January 22, 2019 - 7:17 am
SINGAPORE (AP) — World markets fell Tuesday after the International Monetary Fund trimmed its global outlook for 2019 and 2020 and China said its economy grew at the slowest pace in nearly 30 years. KEEPING SCORE: Germany's DAX gave up 0.5 percent to 11,076 and France's CAC 40 was down 0.7 percent...
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January 21, 2019 - 12:48 pm
DAVOS, Switzerland (AP) — A survey of hundreds of corporate leaders shows "a record jump in pessimism" about the world economy, with sentiment doused by trade spats, a global downturn and fading benefits from U.S. President Donald Trump's tax cuts. Consulting firm PwC says the latest edition of its...
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