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 - 8:24 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 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 - 5:58 am
TOKYO (AP) — Global 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. France's CAC 40 was little changed in early trading, inching less than 0.1% higher to 6,037.74. Germany's DAX gained 0.2% to...
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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 - 10:34 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 - 2:38 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 - 7:08 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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January 08, 2020 - 4:05 pm
WASHINGTON (AP) — The World Bank says the global economy should see a modest rebound in growth this year. But the 189-nation lending institution is cautioning that a number risks could upend its forecast, including the possibility of renewed trade hostilities between the world's two biggest...
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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 - 4:45 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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In a May 24, 2019 aerial photo, American Airlines 737 Max are stored at Tulsa International Airport. Boeing Co. said Monday, Dec. 16, 2019 that it will temporarily stop producing its grounded 737 Max jet starting in January 2020 as it struggles to get approval from regulators to put the plane back in the air. (Tom Gilbert/Tulsa World via AP)
December 17, 2019 - 5:40 pm
As Boeing prepares to shutter much of a huge factory near Seattle that builds the grounded 737 Max jet, the economic hit is reverberating across the United States in places such as Wichita, Kansas, Stamford, Connecticut, and Cincinnati. Those cities are home to some of 900 companies worldwide that...
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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 - 2:34 pm
NEW YORK (AP) — U.S. stocks rallied in early trading Monday, rising with European and several Asian markets after China, the world’s second-largest economy, reported surprisingly strong signs of life. Growth in factory activity and retail sales both beat economists’ expectations for last month...
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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 - 6:23 pm
WASHINGTON (AP) — Chairman Jerome Powell made clear Wednesday that the Federal Reserve is prepared to keep its benchmark interest rate very low through at least next year — and possibly longer. Fueling that expectation is the growing belief of Fed officials that inflation will remain tame even as...
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