Recessions and depressions

A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Sept. 13, 2019. Stocks were broadly higher in Asia on Friday after gains overnight on Wall Street. Investors have stepped up buying on hopes for an easing of tensions in the costly trade war between the U.S. (AP Photo/Eugene Hoshiko)
September 13, 2019 - 5:51 am
BANGKOK (AP) — World shares were mostly higher on Friday, buoyed by fresh stimulus from the European Central Bank and hopes for progress in China-U.S. trade talks. Germany's DAX picked up 0.1% to 12,426.92 and the CAC 40 in France added 0.2% to 5,651.91. But Britain's FTSE 100 gave up 0.2% to 7,327...
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FILE - In this March 2, 2018 file photo, a worker cleans big machine parts of presses manufacturer Schüler AG in Goeppingen, Germany. German factory orders, a leading indicator of the health of Europe's biggest economy, dropped strongly in July, erasing gains from the previous month. The Federal Statistical Office reported Thursday industrial orders dropped 2.7% in July over June when adjusted for seasonal and calendar factors, wiping out a 2.7% June increase. (Marijan Murat/dpa via AP)
September 12, 2019 - 8:06 am
FRANKFURT, Germany (AP) — The European Central Bank on Thursday delivered a new blast of monetary stimulus to help the economy in the face of uncertainties like the U.S.-China trade conflict and Brexit. The central bank for the 19 countries that use the euro cut the rate on deposits it takes from...
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People stand near an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Sept. 10, 2019. Asian shares were mixed Tuesday after a day of listless trading on Wall Street, as investors awaited signs on global interest rates.(AP Photo/Eugene Hoshiko)
September 10, 2019 - 7:43 am
TOKYO (AP) — Global shares were mixed Tuesday after a day of listless trading on Wall Street, as investors awaited signs on global interest rates. France's CAC 40 slipped 0.3% to 5,569.68 in early trading, while Germany's DAX fell 0.3% to 12,193.09. Britain's FTSE 100 inched down 0.1% to 7,228.18...
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FILE - In this Sept. 4, 2019, file photo trader Michael Milano works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, Sept. 9. (AP Photo/Richard Drew, File)
September 09, 2019 - 11:37 pm
TOKYO (AP) — Asian shares were mixed Tuesday after a day of listless trading on Wall Street, as investors awaited signs on global interest rates. Japan's benchmark Nikkei 225 added 0.2% to 21,360.15 in morning trading. Australia's S&P/ASX 200 fell 0.5% to 6,618.20, while South Korea's Kospi...
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Armed police forces guard the entrance of the Houses of Parliament in London, Monday, Sept. 9, 2019. British Prime Minister Boris Johnson voiced optimism Monday that a new Brexit deal can be reached so Britain leaves the European Union by Oct. 31.(AP Photo/Frank Augstein)
September 09, 2019 - 8:52 pm
LONDON (AP) — The latest on Brexit (all times local): 1:50 a.m. The British government has formally suspended Parliament, sending lawmakers home for five weeks amid a Brexit crisis. The legislature was officially prorogued, or suspended, with a formal ceremony in the House of Lords — but only after...
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FILE - In this Aug. 23, 2019, file photo pedestrians pass the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Sept. 6. (AP Photo/Frank Franklin II, File)
September 08, 2019 - 11:17 pm
TOKYO (AP) — Asian shares were mostly higher Monday as the week started with a mix of economic data for the region and the U.S. Japan's benchmark Nikkei 225 rose 0.5% in early trading to 21,294.14. Australia's S&P/ASX 200 edged up nearly 0.1% to 6,652.20. South Korea's Kospi gained 0.6% to 2,...
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FILE - In this Aug. 23, 2019, file photo pedestrians pass the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Sept. 6. (AP Photo/Frank Franklin II, File)
September 06, 2019 - 4:55 pm
Stocks edged higher on Wall Street in midday trading Friday as investors weighed new data showing U.S. employers added fewer than expected jobs in August even as the unemployment rate remained near the lowest level in five decades. The Labor Department's report also showed more people entered the...
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Incoming President of the European Central Bank Christine Lagarde speaks to the European Parliament's Economic and Monetary Affairs Committee in Brussels, Wednesday, Sept. 4, 2019. (AP Photo/Francisco Seco)
September 04, 2019 - 9:10 am
FRANKFURT, Germany (AP) — Christine Lagarde, the nominee to succeed Mario Draghi as head of the European Central Bank, has defended the bank's record low interest rates and extraordinary stimulus measures deployed in the wake of the Great Recession and eurozone debt crisis. Lagarde, who is leaving...
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FILE - In this June 12, 2019, file photo General Motors employees work on the chassis line as they build the frame, power train and suspension onto the truck's body at the Flint Assembly Plant in Flint, Mich. On Tuesday, Sept. 3, the Institute for Supply Management, a trade group of purchasing managers, issues its index of manufacturing activity for August. (Jake May/The Flint Journal via AP, File)
September 03, 2019 - 4:31 pm
WASHINGTON (AP) — The U.S.-China trade war and slower global growth are weighing on the U.S. economy, reducing factory output in August for the first time in three years. A survey by the Institute for Supply Management, an association of purchasing managers, on Tuesday showed that factory...
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FILE - In this Aug. 23, 2019, file photo pedestrians pass the New York Stock Exchange in New York. Global stock markets were mostly lower Tuesday, Sept. 3, amid revived jitters over U.S.-Chinese trade tension, while wrangling by British lawmakers over whether to try to postpone Brexit saw the pound fall further. (AP Photo/Frank Franklin II, File)
September 03, 2019 - 2:12 pm
Technology companies drove a broad slide in U.S. stocks Tuesday as disappointing economic data and the latest escalation in the trade war between the U.S. and China put investors in a selling mood. The Dow Jones Industrial Average slumped more than 350 points as the market gave back some of its...
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