Economic outlook

In this photo taken Tuesday, Feb. 11, 2020, a woman walks past Lunar New Year decor and shuttered bars at a retail district in Beijing, China. Millions of Chinese workers and entrepreneurs are bearing the rising costs of an anti-virus campaign that has shut down large sections of the economy. The government has imposed restrictions nationwide that have stalled travel and sales of real estate and autos. (AP Photo/Ng Han Guan)
February 15, 2020 - 9:28 pm
BEIJING (AP) — Real estate agent Du Xuekun’s sales usually jump after the Lunar New Year holiday. But this year, Du has been at home for a month with no income after vast swathes of China’s economy were shut down in a sweeping effort to contain a virus outbreak. Du, who lives in Jiaozhuo, near the...
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FILE - This April 13, 2019, file photo, shows homes in suburban Salt Lake City. Americans shopping for a home this spring may face more competition than they have in years. (AP Photo/Rick Bowmer, File)
February 13, 2020 - 2:01 pm
LOS ANGELES (AP) — Americans shopping for a home this spring may face more competition than they have in years. A strong labor market and growing pool of would-be buyers as more millennials enter their 30s is expected to fuel demand for homes at a time when the inventory of properties for sale is...
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FILE - This April 13, 2019, file photo, shows homes in suburban Salt Lake City. Americans shopping for a home this spring may face more competition than they have in years. (AP Photo/Rick Bowmer, File)
February 13, 2020 - 11:06 am
LOS ANGELES (AP) — Americans shopping for a home this spring may face more competition than they have in years. A strong labor market and growing pool of would-be buyers as more millennials enter their 30s is expected to fuel demand for homes at a time when the inventory of properties for sale is...
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February 13, 2020 - 10:50 am
FRANKFURT, Germany (AP) — The European Union warned Thursday that the spread of the viral outbreak in China is a risk for the economy but that its full impact will depend on how long it lasts and how far it spreads. The European Commission, the bloc's executive arm, said in its winter economic...
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February 13, 2020 - 7:46 am
FRANKFURT, Germany (AP) — The European Union warned Thursday that the spread of the viral outbreak in China is a risk for the economy but that its full impact will depend on how long it lasts and how far it spreads. The European Commission, the bloc's executive arm, said in its winter economic...
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FILE - In this Feb. 10, 2020, file photo, a cleaner walks through a deserted compound of a commercial office building in Beijing. Chinese authorities are struggling to strike a delicate balance between containing a deadly viral outbreak and restarting the world’s second-biggest economy after weeks of paralysis. (AP Photo/Andy Wong, File)
February 11, 2020 - 5:38 pm
WASHINGTON (AP) — Chinese authorities are struggling to strike a delicate balance between containing a viral outbreak and restarting the world’s second-biggest economy after weeks of paralysis. As the death toll from the newly named COVID-19 illness topped 1,000, global supply chains remained...
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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, Feb. 11, 2020. Asian stock markets followed Wall Street higher on Tuesday, at least temporarily shaking off jitters about China's virus outbreak. (AP Photo/Ahn Young-joon)
February 11, 2020 - 3:19 am
BEIJING (AP) — Asian stock markets followed Wall Street higher on Tuesday, at least temporarily shaking off jitters about China's virus outbreak. Benchmarks in Hong Kong and South Korea rose, rebounding from big declines Monday, and Shanghai also advanced. Tokyo fell for a second day. “Concerns...
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President Donald Trump's budget request for fiscal year 2021 arrives at the House Budget Committee on Capitol Hill in Washington, Monday, Feb. 10, 2020. (AP Photo/J. Scott Applewhite)
February 10, 2020 - 5:22 pm
WASHINGTON (AP) — President Donald Trump unveiled a $4.8 trillion election year budget plan on Monday that recycles deep, previously rejected cuts to domestic programs like food stamps, Medicaid, and housing as the recipe for wrestling the federal budget back into balance. Trump’s fiscal 2021 plan...
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President Donald Trump's budget request for fiscal year 2021 arrives at the House Budget Committee on Capitol Hill in Washington, Monday, Feb. 10, 2020. (AP Photo/J. Scott Applewhite)
February 10, 2020 - 12:57 pm
WASHINGTON (AP) — President Donald Trump unveiled a $4.8 trillion election year budget plan on Monday that recycles previously rejected cuts to domestic programs like food stamps and Medicaid to promise a balanced budget in 15 years — all while leaving Social Security and Medicare benefits...
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President Donald Trump's budget request for fiscal year 2021 arrives at the House Budget Committee on Capitol Hill in Washington, Monday, Feb. 10, 2020. (AP Photo/J. Scott Applewhite)
February 10, 2020 - 12:24 pm
WASHINGTON (AP) — President Donald Trump is offering a $4.8 trillion election year budget plan that recycles previously rejected cuts to domestic programs like food stamps and Medicaid to promise a balanced budget in 15 years — all while leaving Social Security and Medicare benefits untouched...
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