Economic outlook

FILE- In this Nov. 28, 2018, 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. EST on Tuesday, Dec. 4. (AP Photo/Richard Drew, File)
December 04, 2018 - 5:55 pm
Stocks tanked Tuesday as the goodwill generated by a truce between the U.S. and China over trade evaporated over confusion about what the two sides had actually agreed upon. The Dow Jones Industrial Average fell nearly 800 points. The yield on the benchmark 10-year Treasury note declined to its...
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Treasury Secretary Steve Mnuchin talks with reporters about trade negotiations with China, at the White House, Monday, Dec. 3, 2018, in Washington. (AP Photo/Evan Vucci)
December 04, 2018 - 5:23 pm
WASHINGTON (AP) — The Trump administration raised doubts Tuesday about the substance of a U.S.-China trade cease-fire, contributing to a broad stock market plunge and intensifying fears of a global economic slowdown. Investors had initially welcomed the truce that the administration said was...
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Federal Reserve Chairman Jerome Powell addresses the Federal Reserve Board's 15th annual College Fed Challenge Finals in Washington, Thursday, Nov. 29, 2018. (AP Photo/Cliff Owen)
November 29, 2018 - 5:00 pm
WASHINGTON (AP) — Federal Reserve officials earlier this month appeared on track to raise its key interest rate again in December, but they signaled that the pace of future rate hikes might need to slow given emerging risks to the economy, according to minutes of the discussions released Thursday...
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France's President Emmanuel Macron greets bystanders during at the Playa de Mayo square in Buenos Aires, Argentina, Thursday, Nov. 29, 2018. Macron will attend the two-day G20 summit starting Friday. (AP Photo/Sebastian Pani)
November 29, 2018 - 12:49 pm
BUENOS AIRES, Argentina (AP) — World leaders began arriving in Buenos Aires on Thursday for the summit of the globe's largest economies, with attention expected to focus on issues including a trade war between the United States and China, a new North American trade deal and the conflict in Ukraine...
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India's Prime Minister Narendra Modi arrives at the Ministro Pistarini international airport to attend the G20 Summit in Buenos Aires, Argentina, Thursday, Nov. 29, 2018. Leaders from the Group of 20 industrialized nations will meet in Buenos Aires for a two-day summit starting Friday. (AP Photo/Martin Mejia)
November 29, 2018 - 10:25 am
BUENOS AIRES, Argentina (AP) — World leaders began arriving in Buenos Aires on Thursday for the summit of the globe's largest economies, with attention expected to focus on issues including a trade war between the United States and China, a new North American trade deal and the conflict in Ukraine...
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India's Prime Minister Narendra Modi arrives at the Ministro Pistarini international airport to attend the G20 Summit in Buenos Aires, Argentina, Thursday, Nov. 29, 2018. Leaders from the Group of 20 industrialized nations will meet in Buenos Aires for a two-day summit starting Friday. (AP Photo/Martin Mejia)
November 29, 2018 - 9:55 am
BUENOS AIRES, Argentina (AP) — World leaders began arriving in Buenos Aires on Thursday for the summit of the globe's largest economies, with attention expected to focus on issues including a trade war between the United States and China, a new North American trade deal and the conflict in Ukraine...
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Governor of the Bank of England Mark Carney hosts a Financial Stability Report press conference at the Bank of England in central London, Wednesday Nov. 28, 2018. (Daniel Leal-Olivas / Pool via AP)
November 28, 2018 - 1:10 pm
LONDON (AP) — Leaving the European Union without a divorce deal could plunge Britain into its deepest recession in nearly a century, with the economy shrinking 8 percent within months as unemployment and inflation soar, the Bank of England warned Wednesday. The stark projection came the same day...
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FILE- In this Jan. 30, 2018, file photo a rubber tire gantry moves into position to transfer shipping containers at the Georgia Ports Authority's Port of Savannah in Savannah, Ga. On Wednesday, Nov. 28, the Commerce Department issues the final estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Stephen B. Morton, File)
November 28, 2018 - 10:50 am
WASHINGTON (AP) — The U.S. economy expanded at a solid 3.5 percent annual rate in the July-September quarter, led by lower but still strong consumer spending and more business investment than previously estimated. The Commerce Department's figure for gross domestic product, released Wednesday, was...
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Britain's Chancellor Philip Hammond walks past 10 Downing Street in London, Thursday, Nov. 22, 2018. (AP Photo/Kirsty Wigglesworth)
November 28, 2018 - 10:50 am
LONDON (AP) — Britain will be poorer after leaving the European Union than if it had stayed in, no matter what sort of trade deal it has with the bloc, the government said Wednesday — unwelcome news for Prime Minister Theresa May as she tries to sell her Brexit divorce deal to a skeptical nation. A...
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FILE- In this Jan. 30, 2018, file photo a rubber tire gantry moves into position to transfer shipping containers at the Georgia Ports Authority's Port of Savannah in Savannah, Ga. On Wednesday, Nov. 28, the Commerce Department issues the final estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Stephen B. Morton, File)
November 28, 2018 - 8:49 am
WASHINGTON (AP) — The U.S. economy expanded at a solid 3.5 percent annual rate in the July-September quarter, led by lower but still strong consumer spending and more business investment than previously estimated. The Commerce Department's figure for gross domestic product, released Wednesday, was...
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