Economic outlook

File - In this Thursday, May 16, 2019, file photo, cars for export and import are stored in front of containers at the port in Bremerhaven, Germany. In June 2019 German industrial production dropped significantly for the second time in three months. (AP Photo/Martin Meissner)
August 09, 2019 - 5:40 am
BERLIN (AP) — German exports were a little lower in June than the previous month and dropped 8% in year-on-year terms, reinforcing expectations that data due next week may show Europe's biggest economy shrank slightly in the second quarter. The Federal Statistical Office said Friday that exports...
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File - In this Thursday, May 16, 2019, file photo, cars for export and import are stored in front of containers at the port in Bremerhaven, Germany. In June 2019 German industrial production dropped significantly for the second time in three months. (AP Photo/Martin Meissner)
August 09, 2019 - 4:50 am
BERLIN (AP) — German exports were a little lower in June than the previous month and dropped 8% in year-on-year terms, reinforcing expectations that data due next week may show Europe's biggest economy shrank slightly in the second quarter. The Federal Statistical Office said Friday that exports...
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August 09, 2019 - 2:53 am
BERLIN (AP) — German exports were a little lower in June than the previous month and dropped 8% in year-on-year terms, reinforcing expectations that data due next week may show the economy shrank slightly in the second quarter. The Federal Statistical Office said Friday that exports were 0.1% lower...
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A cleaning machine is seen behind rain drops on a car window is it cleans the Roemerberg square in Frankfurt, Germany, on a rainy Wednesday, Aug. 7, 2019. (AP Photo/Michael Probst)
August 07, 2019 - 4:17 am
BERLIN (AP) — German industrial production dropped significantly for the second time in three months in June, the latest sign of weakness from Europe's biggest economy. Wednesday's report fueled expectations of an overall decline in the second quarter. Production was down 1.5% compared with the...
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FILE - In this May 8, 2019, file photo, New Zealand's Reserve Bank Governor Adrian Orr speaks to the media in Wellington, New Zealand. New Zealand's central bank cut its benchmark interest rate to an all-time low of 1% on Wednesday, Aug. 7, 2019, as it forecast tougher economic conditions ahead. (AP Photo Nick Perry, File)
August 07, 2019 - 3:57 am
WELLINGTON, New Zealand (AP) — New Zealand's central bank cut its benchmark interest rate to an all-time low of 1% on Wednesday as it forecast tougher economic conditions ahead. The cut of half a percentage point by the Reserve Bank was a surprise, with most economists forecasting a rate cut of 0...
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August 06, 2019 - 11:55 pm
WELLINGTON, New Zealand (AP) — New Zealand's central bank cut its benchmark interest rate to an all-time low of 1% on Wednesday as it forecast tougher economic conditions ahead. The cut of half a percentage point by the Reserve Bank was a surprise, with most economists forecasting a rate cut of 0...
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Trader James Coffey works on the floor of the New York Stock Exchange, Monday, Aug. 5, 2019. U.S. stocks nosedived in early trading on Wall Street Monday as China's currency fell sharply and stoked fears that the trade war between the world's two largest economies would continue escalating. (AP Photo/Richard Drew)
August 05, 2019 - 9:58 pm
NEW YORK (AP) — U.S. stocks plunged to their worst loss of the year Monday and investors around the world scrambled to sell on worries about how much President Donald Trump's worsening trade war will damage the global economy. China let its currency, the yuan, drop to its lowest level against the...
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Specialists Paul Cosentino, left, and Jeffrey Berger work on the floor of the New York Stock Exchange, Monday, Aug. 5, 2019. U.S. stocks nosedived in early trading on Wall Street Monday as China's currency fell sharply and stoked fears that the trade war between the world's two largest economies would continue escalating. (AP Photo/Richard Drew)
August 05, 2019 - 4:53 pm
NEW YORK (AP) — U.S. stocks plunged to their worst loss of the year Monday and investors around the world scrambled to sell on worries about how much President Donald Trump's worsening trade war will damage the global economy. China let its currency, the yuan, drop to its lowest level against the...
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Specialists Paul Cosentino, left, and Jeffrey Berger work on the floor of the New York Stock Exchange, Monday, Aug. 5, 2019. U.S. stocks nosedived in early trading on Wall Street Monday as China's currency fell sharply and stoked fears that the trade war between the world's two largest economies would continue escalating. (AP Photo/Richard Drew)
August 05, 2019 - 12:35 pm
NEW YORK (AP) — Stocks tanked again Monday on worries that President Donald Trump's worsening trade war will threaten a global recession and drag profits for companies even lower. China let its currency, the yuan, drop to its lowest level against the dollar in more than a decade, a move that Trump...
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Chinese Vice Premier Liu He, center, poses with U.S. Trade Representative Robert Lighthizer, right, and Treasury Secretary Steven Mnuchin, for photos before holding talks at the Xijiao Conference Center in Shanghai Wednesday, July 31, 2019. (AP Photo/Ng Han Guan, Pool)
August 02, 2019 - 4:43 pm
WASHINGTON (AP) — The latest tariffs President Donald Trump plans to impose on Chinese goods would cost U.S. households an average of $200 a year, some economists estimate, and would start to bite consumers and retailers just as the holiday shopping season begins. That cost would come on top of the...
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