Economic outlook

August 02, 2018 - 4:52 am
LONDON (AP) — The Bank of England is expected to raise its benchmark interest rate Thursday for only the second time since the 2008 financial crisis as it weighs a strong jobs market and high inflation against the growing concerns about the economic impact of Brexit. Economists forecast that the...
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August 02, 2018 - 4:45 am
LONDON (AP) — The Bank of England is expected to raise its benchmark interest rate for only the second time since the 2008 financial crisis as it weighs a strong jobs market and high inflation against concerns about Brexit. Economists forecast that the bank's Monetary Policy Committee will raise...
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Trader Michael Capolino, left, works on the floor of the New York Stock Exchange, Monday, July 30, 2018. Stocks are off to a mixed start on Wall Street as gains in banks and energy companies are offset by losses in other sectors. (AP Photo/Richard Drew)
July 30, 2018 - 5:02 pm
NEW YORK (AP) — Technology stocks tumbled for the third day in a row Monday as a sharp reversal for some of Wall Street's recent favorites worsened. Major U.S. indexes skidded. Technology companies have done far better than the rest of the market in recent years, but they've fallen after Facebook...
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Trader Michael Capolino, left, works on the floor of the New York Stock Exchange, Monday, July 30, 2018. Stocks are off to a mixed start on Wall Street as gains in banks and energy companies are offset by losses in other sectors. (AP Photo/Richard Drew)
July 30, 2018 - 2:52 pm
NEW YORK (AP) — Technology stocks are falling again Monday as recent Wall Street favorites like Twitter, Alphabet and Facebook extend their losses from last week. It's a sharp turnaround for a group that has long been the stock market's undisputed leader. Energy companies are climbing with oil...
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The logo for Caterpillar appears above a trading post on the floor of the New York Stock Exchange, Monday, July 30, 2018. Caterpillar's second-quarter easily beat Wall Street expectations thanks in part to the blistering pace of construction and demand for big machines, a the company boosted its full-year earnings forecast again. (AP Photo/Richard Drew)
July 30, 2018 - 10:37 am
NEW YORK (AP) — Technology stocks continued to fall in morning trading on Monday, following sharp losses at the end of last week. But energy stocks rose with the price of oil and helped to keep U.S. indexes relatively steady ahead of a busy week full of central-bank meetings, corporate earnings...
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The logo for Caterpillar appears above a trading post on the floor of the New York Stock Exchange, Monday, July 30, 2018. Caterpillar's second-quarter easily beat Wall Street expectations thanks in part to the blistering pace of construction and demand for big machines, a the company boosted its full-year earnings forecast again. (AP Photo/Richard Drew)
July 30, 2018 - 10:16 am
NEW YORK (AP) — Technology stocks continued to fall in early trading on Monday, following up on their sharp losses at the end of last week. But energy stocks rose with the price of oil and helped to keep U.S. indexes relatively steady ahead of a busy week full of central-bank meetings, corporate...
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President Donald Trump delivers remarks on the economy from the South Lawn of the White House, Friday, July 27, 2018, in Washington. (AP Photo/Jacquelyn Martin)
July 27, 2018 - 1:32 pm
WASHINGTON (AP) — The U.S. economy accelerated last quarter at an annual rate of 4.1 percent, the government estimated Friday, as consumers spent tax-cut money, businesses stepped up investment and exporters rushed to ship their goods ahead of retaliatory tariffs. President Donald Trump said he was...
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President Donald Trump delivers remarks on the economy from the South Lawn of the White House, Friday, July 27, 2018, in Washington. (AP Photo/Jacquelyn Martin)
July 27, 2018 - 1:05 pm
WASHINGTON (AP) — The U.S. economy accelerated last quarter at an annual rate of 4.1 percent, the government estimated Friday, as consumers spent tax-cut money, businesses stepped up investment and exporters rushed to ship their goods ahead of retaliatory tariffs. President Donald Trump said he was...
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FILE - In this Jan. 18, 2017 file photo, construction personnel work on a building project just south of Chicago's Loop. The U.S. economy surged in the April-June quarter, growing at an annual rate of 4.1 percent. That's the fastest pace since 2014, driven by consumers who began spending their tax cuts and exporters who sought to get their products delivered ahead of retaliatory tariffs. (AP Photo/Charles Rex Arbogast)
July 27, 2018 - 10:34 am
WASHINGTON (AP) — The U.S. economy surged in the April-June quarter to an annual growth rate of 4.1 percent. That's the fastest pace since 2014, driven by consumers who began spending their tax cuts and exporters who rushed to get their products delivered ahead of retaliatory tariffs. President...
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FILE - In this Jan. 18, 2017 file photo, construction personnel work on a building project just south of Chicago's Loop. The U.S. economy surged in the April-June quarter, growing at an annual rate of 4.1 percent. That's the fastest pace since 2014, driven by consumers who began spending their tax cuts and exporters who sought to get their products delivered ahead of retaliatory tariffs. (AP Photo/Charles Rex Arbogast)
July 27, 2018 - 8:56 am
WASHINGTON (AP) — The U.S. economy surged in the April-June quarter to an annual growth rate of 4.1 percent. That's the fastest pace since 2014, driven by consumers who began spending their tax cuts and exporters who rushed to get their products delivered ahead of retaliatory tariffs. The Commerce...
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