Economic outlook

FILE - In this June 19, 2019, file photo the Washington news conference of Federal Reserve Chair Jerome Powell appears on television screen on the trading floor of the New York Stock Exchange shows the rate decision of the Federal Reserve. The Fed concludes its two-day meeting Wednesday, Oct. 30. (AP Photo/Richard Drew, File)
October 30, 2019 - 2:30 pm
WASHINGTON (AP) — The Federal Reserve cut its benchmark interest rate Wednesday for the third time this year to try to sustain the economic expansion in the face of global threats. But it hinted that it won't likely cut again this year. The Fed's move reduces the short-term rate it controls — which...
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A workman sweeps up leaves in front of 10 Downing Street in London, Wednesday, Oct. 30, 2019. Britons will be heading out to vote in the dark days of December after the House of Commons on Tuesday backed an early national vote that could break the country's political impasse over Brexit — or turn out to be merely a temporary distraction. (AP Photo/Kirsty Wigglesworth)
October 30, 2019 - 8:36 am
LONDON (AP) — A respected British think tank slammed Prime Minister Boris Johnson's Brexit deal on Wednesday, concluding that the economy would be 3.5% smaller compared with staying in the European Union. The study by the National Institute of Economic and Social Research says the agreement would...
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FILE - In this June 19, 2019, file photo the Washington news conference of Federal Reserve Chair Jerome Powell appears on television screen on the trading floor of the New York Stock Exchange shows the rate decision of the Federal Reserve. The Fed concludes its two-day meeting Wednesday, Oct. 30. (AP Photo/Richard Drew, File)
October 30, 2019 - 12:05 am
WASHINGTON (AP) — The Federal Reserve is set to cut its benchmark interest rate Wednesday for a third time this year to help sustain the U.S. economic expansion in the face of widespread trade tensions and slower global growth. But the Fed's policymakers will likely frustrate anyone who is hoping...
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FILE - In this Oct. 4, 2019, file photo Federal Reserve Chairman Jerome Powell listens to feedback during a panel at the Federal Reserve Board Building in Washington. The Fed concludes its two-day meeting Wednesday, Oct. 30. (AP Photo/Jacquelyn Martin, File)
October 29, 2019 - 11:24 am
WASHINGTON (AP) — Economists and investors who are trying to get a fix on what the Federal Reserve may do in the months ahead have zeroed in on a single phrase in the statement it has issued after its most recent policy meetings. The phrase seems innocuous enough. The Fed's policymakers, it states...
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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, Tuesday, Oct. 29, 2019. Shares were mixed in Asia and Chinese benchmarks fell Tuesday after the S&P 500 index closed at an all-time high. (AP Photo/Ahn Young-joon)
October 29, 2019 - 5:31 am
BANGKOK (AP) — Shares were lower in Europe on Tuesday after a mixed session in Asia, where Chinese benchmarks declined after Hong Kong's leader warned political protests may push the territory into recession. Germany's DAX lost 0.1% to 12,924.33 while the CAC 40 in Paris also gave up 0.1%, to 5,723...
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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, Tuesday, Oct. 29, 2019. Shares were mixed in Asia and Chinese benchmarks fell Tuesday after the S&P 500 index closed at an all-time high. (AP Photo/Ahn Young-joon)
October 29, 2019 - 3:37 am
BANGKOK (AP) — Shares were mixed in Asia and Chinese benchmarks fell Tuesday after Hong Kong's leader warned that months of political protests are taking a harsh toll on the economy. Shares rallied on Wall Street overnight, with the benchmark S&P 500 hitting a record high, at the onset of a...
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Trader Craig Esposito works on the floor of the New York Stock Exchange, Monday, Oct. 28, 2019. The S&P 500 rose 16 points, or 0.6 %, to 3,039, while the Dow Jones Industrial Average added 132 points, or 0.5%, to 27,090. (AP Photo/Richard Drew)
October 28, 2019 - 5:29 pm
The S&P 500 index closed at an all-time high Monday, extending a recent string of gains in what's mostly been a solid month for the market. The benchmark index closed at 3,039.42, around 14 points above its previous record set on July 26. The S&P 500 notched its latest milestone after weeks...
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FILE - In this Tuesday, June 4, 2019, file photo, managers wait for job applicants at the Seminole Hard Rock Hotel & Casino Hollywood during a job fair in Hollywood, Fla. A measure of hiring by U.S. companies has fallen to a seven-year low and fewer employers are raising pay, a business survey released Monday, Oct. 28, 2019, has found. Just one-fifth of the firms surveyed by the National Association for Business Economics said they have hired additional workers in the past three months. (AP Photo/Wilfredo Lee, File)
October 28, 2019 - 11:49 am
WASHINGTON (AP) — A measure of hiring by U.S. companies has fallen to a seven-year low and fewer employers are raising pay, a business survey found. Just one-fifth of the economists surveyed by the National Association for Business Economics said their companies have added to their workforces in...
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FILE - In this Tuesday, June 4, 2019, file photo, managers wait for job applicants at the Seminole Hard Rock Hotel & Casino Hollywood during a job fair in Hollywood, Fla. A measure of hiring by U.S. companies has fallen to a seven-year low and fewer employers are raising pay, a business survey released Monday, Oct. 28, 2019, has found. Just one-fifth of the firms surveyed by the National Association for Business Economics said they have hired additional workers in the past three months. (AP Photo/Wilfredo Lee, File)
October 28, 2019 - 12:08 am
WASHINGTON (AP) — A measure of hiring by U.S. companies has fallen to a seven-year low and fewer employers are raising pay, a business survey has found. Just one-fifth of the economists surveyed by the National Association for Business Economics said their companies have hired additional workers in...
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October 28, 2019 - 12:06 am
WASHINGTON (AP) — A measure of hiring by U.S. companies has fallen to a seven-year low and fewer employers are raising pay, a business survey has found. Just one-fifth of the economists surveyed by the National Association for Business Economics said their companies have hired additional workers in...
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