Economic outlook

Apple CEO Tim Cook reacts during the Economic Summit held for the China Development Forum in Beijing, China, Saturday, March 23, 2019. Cook says he's "extremely bullish" about the global economy based on the amount of innovation being carried out, and he's urging China to continue to "open up." (AP Photo/Ng Han Guan)
March 23, 2019 - 4:53 am
BEIJING (AP) — Apple CEO Tim Cook said Saturday that he is "extremely bullish" about the global economy based on the amount of innovation underway, and urged China to continue to "open up" amid complaints from the U.S. and others that it is shutting foreign firms out of key high-tech industries. In...
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A screen on the floor of the New York Stock Exchange shows the rate decision of the Federal Reserve, Wednesday, March 20, 2019. The Federal Reserve is leaving its key interest rate unchanged and projecting no rate hikes in 2019, dramatically underscoring its plan to be "patient" about any further increases. (AP Photo/Richard Drew)
March 21, 2019 - 1:48 am
U.S. stocks erased an early loss and turned higher in afternoon trading Wednesday as investors welcomed the Federal Reserve's decision to rule out interest rate increases this year. That's a marked change from three months ago, when the central bank projected two rate hikes this year. The Fed...
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FILE- In this Feb. 26, 2019, file photo Federal Reserve Chairman Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on monetary policy on Capitol Hill in Washington. On Wednesday, March 20, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Kevin Wolf, File)
March 20, 2019 - 3:22 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 3:10 p.m. Federal Reserve Chairman Jerome Powell explained Wednesday why he thinks a recent stumble in the U.S. economy's growth will be temporary. Consumers appeared to pull back this winter, with...
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March 19, 2019 - 8:32 am
BERLIN (AP) — The German government's panel of economic advisers nearly halved its German growth forecast for this year to 0.8 percent — the latest in a long list of downgrades for Europe's biggest economy. In a regular update Tuesday, the panel cut its 2019 forecast from the previous 1.5 percent...
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FILE- In this Oct. 28, 2017, file photo the storefront window of a portrait studio is lit up along a downtown street at dusk in Lumberton, N.C. Although small businesses vary widely in terms of size, industry and issues, they do appear to be generally united by a growing uneasiness about the economy. Several surveys and economic reports released in recent weeks show that company owners have more trust in their businesses than the national or local economy, and that they’re running their businesses more conservatively in response to uncertainty about overall business conditions. (AP Photo/David Goldman, File)
March 18, 2019 - 10:51 am
NEW YORK (AP) — Although small businesses vary widely in terms of size, industry and issues, they do appear to be generally united by a growing uneasiness about the economy. Several surveys and economic reports released in recent weeks show that company owners have more trust in their businesses...
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Office of Management and Budget Acting Director Russell Vought testifies before the House Budget Committee on Capitol Hill in Washington, Tuesday, March 12, 2019, during a hearing on the fiscal year 2020 budget. (AP Photo/Susan Walsh)
March 12, 2019 - 11:54 am
WASHINGTON (AP) — The White House's top budget official acknowledged Tuesday that the federal deficit is ballooning to $1.1 trillion alongside the Republican tax plan but vowed the fiscal picture would improve as a result of projected economic growth. Russ Vought, acting director of the Office of...
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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 - 2:07 pm
WASHINGTON (AP) — The pace of hiring in the United States fell last month to its lowest point in nearly a year and a half, a surprise drop likely reflecting harsh weather and other temporary factors that led most economists to see the slowdown as a temporary blip. Employers added just 20,000 jobs,...
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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 - 8:56 am
FRANKFURT, Germany (AP) — The European Central Bank took unexpectedly quick action Thursday to support a weakening economy, pushing back the earliest date of interest rate increases and announcing a new round of cheap loans to banks. The bank said Thursday after its regular policy meeting that it...
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