Economic outlook

Federal Reserve Chair Janet Yellen speaks during a news conference following the Federal Open Market Committee meeting in Washington, Wednesday, Dec. 13, 2017. The Federal Reserve is raising its key interest rate for the third time this year and foresees three additional hikes in 2018, a vote of confidence that the U.S. economy remains on solid footing 8½ years after the end of the Great Recession. (AP Photo/Carolyn Kaster)
December 13, 2017 - 4:55 pm
WASHINGTON (AP) — The Federal Reserve is raising its key interest rate for the third time this year and foresees three additional hikes in 2018, a vote of confidence that the U.S. economy remains on solid footing 8½ years after the end of the Great Recession. The Fed said Wednesday that it's...
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FILE - In this Oct. 8, 2014, file photo, people walk to work on Wall Street beneath a statue of George Washington, in New York. Health care and retail companies are helping stocks climb again Wednesday, Jan. 24, 2018, as the market heads for its fourth gain in a row. (AP Photo/Mark Lennihan, File)
December 12, 2017 - 3:43 pm
Banks led U.S. stocks mostly higher in late-afternoon trading Tuesday as the Federal Reserve met to discuss interest rates and the economy. The central bank was expected to raise interest rates for the third time this year on Wednesday. Banks benefit from higher interest rates because they can...
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FILE - In this Oct. 8, 2014, file photo, people walk to work on Wall Street beneath a statue of George Washington, in New York. Health care and retail companies are helping stocks climb again Wednesday, Jan. 24, 2018, as the market heads for its fourth gain in a row. (AP Photo/Mark Lennihan, File)
December 12, 2017 - 10:19 am
U.S. stocks edged mostly higher in early trading Tuesday as investors sized up the latest company earnings and deal news. Gains by banks and health care companies outweighed losses among technology companies. Energy stocks also declined as the price of crude oil headed lower. KEEPING SCORE: The...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index and other country's market prices at a securities firm in Tokyo Tuesday, Dec. 12, 2017. Shares were mostly lower in Asia on Tuesday as investors stepped back after several days of advances, erasing early gains. Markets are awaiting the Federal Reserve meeting on Wednesday and the outcome of a major Chinese planning conference. (AP Photo/Eugene Hoshiko)
December 12, 2017 - 8:29 am
TOKYO (AP) — World stocks turned higher in European trading hours on Tuesday as investors looked ahead to a slew of central bank decisions, including the Federal Reserve, which was expected to raise interest rates. KEEPING SCORE: Germany's DAX rose 0.2 percent to 13,146 and the CAC 40 of France...
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December 12, 2017 - 5:41 am
LONDON (AP) — Bank of England Governor Mark Carney will have to write a letter to Britain's Treasury chief explaining why inflation in the country is running by more than a percentage point above target after official figures showed it unexpectedly rising to 3.1 percent. The rate for November...
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In this Friday, Oct. 6, 2017, photo, workers build an apartment and retail complex in Nashville, Tenn. Economists expect a tax overhaul to provide a modest boost to the U.S. economy but are increasingly worried that a rewrite of the North American Free Trade Agreement will take a toll on growth. (AP Photo/Mark Humphrey)
December 04, 2017 - 10:12 am
WASHINGTON (AP) — Economists expect a tax overhaul to provide a modest boost to the U.S. economy but are increasingly worried that a rewrite of the North American Free Trade Agreement will take a toll on growth. The National Association of Business Economics survey found that forecasters expect tax...
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December 04, 2017 - 12:34 am
WASHINGTON (AP) — Economists expect a tax overhaul to provide a modest boost to the U.S. economy but are increasingly worried that a rewrite of the North American Free Trade Agreement will take a toll on growth. The National Association of Business Economics survey found that forecasters expect tax...
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Senate Majority Leader Mitch McConnell, R-Ky., answers a reporters question during a news conference Saturday, Dec. 2, 2017, in Louisville, Ky. The Senate passed the tax bill early Saturday morning with a 51-49 vote. (AP Photo/Timothy D. Easley)
December 02, 2017 - 6:34 pm
LOUISVILLE, Ky. (AP) — Fresh off his biggest legislative victory of the Trump era, Senate Majority Leader Mitch McConnell on Saturday disputed projections that the Senate's tax bill would add to the nation's debt woes. Back home in Kentucky just hours after the Senate narrowly pushed through the...
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Senate Majority Leader Mitch McConnell, R-Ky., answers a reporters question during a news conference Saturday, Dec. 2, 2017, in Louisville, Ky. The Senate passed the tax bill early Saturday morning with a 51-49 vote. (AP Photo/Timothy D. Easley)
December 02, 2017 - 3:43 pm
LOUISVILLE, Ky. (AP) — Fresh off his biggest legislative victory of the Trump era, Senate Majority Leader Mitch McConnell on Saturday disputed projections that the Senate's tax bill would add to the nation's debt woes. Back home in Kentucky just hours after the Senate narrowly pushed through the...
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FILE - In this Thursday, May 26, 2016, file photo, bagel maker and baker Sam Ung cuts through bagel dough before hand-rolling it into bagels prior to baking them, at Ess-a-Bagel in New York. On Wednesday, March 8, 2017, payroll processor ADP reports how many jobs private employers added in February. (AP Photo/Kathy Willens, File)
March 08, 2017 - 8:52 am
WASHINGTON (AP) — U.S. businesses added the most jobs in three years last month, a private survey found, a sign that hiring has accelerated sharply from last year's modest levels. Payroll processor ADP said Wednesday that businesses added 298,000 jobs in February, up from 261,000 the previous month...
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