Economic outlook

An employee works in a chemical fiber plant in Nantong in eastern China's Jiangsu Province, Friday, Jan. 17, 2020. China's economic growth sank to a new multi-decade low in 2019 as Beijing fought a tariff war with Washington, but forecasters said a U.S.-Chinese trade truce might help to revive consumer and business activity. (Chinatopix via AP)
January 20, 2020 - 7:24 am
WASHINGTON (AP) — Low interest rates and reduced trade tensions will likely buoy the global economy over the next two years and help nurture steady if modest growth. That's the view of the International Monetary Fund, which foresees world economic growth accelerating from 2.9% last year to 3.3% in...
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A cargo ship passes the buildings of the banking district on the river Main in Frankfurt, Germany, Monday, Dec. 30, 2019. (AP Photo/Michael Probst)
January 15, 2020 - 3:46 am
BERLIN (AP) — The German economy grew by 0.6% last year, its worst performance since 2013, as export growth slowed and manufacturing was weak. The figure released Wednesday by the Federal Statistical Office was in line with economists' forecast for Europe's biggest economy. It was the 10th...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Jan. 14, 2020. Asian shares followed Wall Street higher on Tuesday amid optimism that a trade deal between the U.S. and China will be a boon for the regional economy.(AP Photo/Eugene Hoshiko)
January 14, 2020 - 3:13 am
TOKYO (AP) — Asian shares mostly followed Wall Street higher on Tuesday amid optimism that a trade deal between the U.S. and China will be a boon for the regional economy. Japan's benchmark Nikkei 225 rose 0.7% to finish at 24,025.17, while Australia's S&P/ASX 200 added 0.9% to 6,962.20. South...
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FILE - This Aug. 23, 2019, file photo shows the New York Stock Exchange in New York. Global stock markets are subdued as investors look ahead to the signing of an interim U.S.-China trade deal. Indexes were mixed in Europe while those in Shanghai, Hong Kong and South Korea finished higher. Investor focus has shifted to the trade deal as concern over potential U.S.-Iranian conflict has faded. (AP Photo/Frank Franklin II, File)
January 13, 2020 - 9:34 pm
TOKYO (AP) — Asian shares followed Wall Street higher on Tuesday amid optimism that a trade deal between the U.S. and China will be a boon for the regional economy. Japan's benchmark Nikkei 225 rose 0.7% in morning trading to 24,026.10, while Australia's S&P/ASX 200 added 0.6% to 6,946.80...
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FILE - In this Sept. 18, 2019, file photo people stand in line to inquire about jobs available at the Bean Automotive Group during a job fair in Miami. On Friday, Jan. 10, 2020, the U.S. government issues the December jobs report. (AP Photo/Lynne Sladky, File)
January 10, 2020 - 1:09 am
WASHINGTON (AP) — The U.S. job market appears to be entering 2020 on a solid footing. Economists expect that Friday's jobs report will show job gains of 160,000 in December, with the unemployment rate holding steady at 3.5%, according to the data provider FactSet. But key in the report will be...
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Mark Carney, Governor of the Bank of England speaks at a Bank of England Financial Stability Report Press Conference, in London, Monday, Dec. 16, 2019. (AP Photo/Kirsty Wigglesworth,pool)
January 09, 2020 - 6:08 am
LONDON (AP) — U.K. interest rates could be cut as soon as this month to shore up an economy that's barely growing even as some Brexit uncertainty has dissipated, the Bank of England's outgoing chief hinted Thursday. Mark Carney said in a speech that there is a “debate” within the bank's rate-...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Jan. 3, 2020. Asian stocks were mixed Friday and oil prices surged after an Iranian general was killed by U.S. forces in Iraq. (AP Photo/Ahn Young-joon)
January 03, 2020 - 6:45 am
BEIJING (AP) — Oil prices surged and most major global stock markets declined Friday after an Iranian general was killed by U.S. forces in Iraq. Stock indexes in London, Frankfurt and Paris fell, as did Hong Kong's earlier. Shanghai was little-changed and Japanese markets were closed. News that Gen...
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Sunlight breaks through dark clouds illuminating a wind farm in Wilhelmshaven, on the North Sea coast of Germany, the evening of Sunday Dec. 15, 2019. (Mohssen Assanimoghaddam/dpa via AP)
December 18, 2019 - 3:45 am
BERLIN (AP) — A closely watched survey showed Wednesday that business confidence in Germany, Europe's biggest economy, rose for the second consecutive month in December. The Ifo institute said that managers' assessment of both their current situation and their outlook for the next six months...
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FILE - In this Friday, Dec. 13, 2019, file photo trader Robert Charmak works on the floor of the New York Stock Exchange. Stocks are opening higher on Wall Street on Monday, Dec. 16, following gains overseas as China reported encouraging news on its economy. (AP Photo/Richard Drew, File)
December 16, 2019 - 3:09 pm
Stocks are closing broadly higher on Wall Street Monday, pushing major indexes to more record highs. Surprisingly strong reports on China's economy helped drive the rally. That's layered on top of investor optimism from last week’s initial trade deal between China and the United States. Health care...
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Federal Reserve Chair Jerome Powell removes his glasses as he listens to a question during a news conference after the Federal Open Market Committee meeting, Wednesday, Dec. 11, 2019, in Washington. The Federal Reserve is leaving its benchmark interest rate alone and signaling that it expects to keep low rates unchanged through next year. (AP Photo/Jacquelyn Martin)
December 11, 2019 - 2:48 pm
WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate alone Wednesday and signaled that it expects to keep low rates unchanged through next year. The Fed's decision follows three rate cuts earlier this year. It reflects its view that the U.S. economy has so far withstood the U.S.-...
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