Economic outlook

A boy rides his scooter on the Bir Hakeim bridge as the Eiffel Tower is seen background in Paris, Wednesday, May 2, 2018. (AP Photo/Christophe Ena)
May 03, 2018 - 5:01 am
BRUSSELS (AP) — The European Union is expecting strong economic growth this year and next year but predicts that departing Britain will see tougher times ahead. The EU says in its spring economic forecast that growth should be a robust 2.3 percent this year and only ease slightly to 2.0 percent in...
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House Majority Leader Kevin McCarthy, R-Calif., speaks at the Milken Institute Global Conference Monday, April 30, 2018, in Beverly Hills, Calif. Top Republican and Democratic leaders of the House and Senate offered starkly different assessments of state of the union Monday in talks at the global conference ahead of the midterm election. (AP Photo/Jae C. Hong)
April 30, 2018 - 4:22 pm
BEVERLY HILLS, Calif. (AP) — Top Republican and Democratic leaders of the House and Senate offered starkly different assessments Monday of the nation's political and economic outlook at a global conference ahead of the midterm election. House Majority Leader Kevin McCarthy, R-Calif., highlighted...
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Trader Gregory Rowe works on the floor of the New York Stock Exchange, Wednesday, April 25, 2018. Stocks are opening lower, extending the market's losses, after several companies reported weak results or warned of higher costs. (AP Photo/Richard Drew)
April 25, 2018 - 3:32 pm
NEW YORK (AP) — U.S. stocks are pushing higher Wednesday afternoon as the market recovers from a sharp loss the day before. Energy companies and retailers are making some of the largest gains. Stocks had tumbled earlier as investors worried that growing costs for critical materials along with...
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Trader Gregory Rowe works on the floor of the New York Stock Exchange, Wednesday, April 25, 2018. Stocks are opening lower, extending the market's losses, after several companies reported weak results or warned of higher costs. (AP Photo/Richard Drew)
April 25, 2018 - 2:45 pm
NEW YORK (AP) — U.S. stocks are wobbling Wednesday as investors continued to worry that growing costs for critical materials along with rising interest rates will affect profit growth for companies. U.S. bond yields are rising again and setting four-year highs while oil prices are at three-year...
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A man steers his motor boat on the river Main with the banking district in background as the sun sets in Frankfurt, Germany, Tuesday, April 24, 2018.(AP Photo/Michael Probst)
April 25, 2018 - 6:27 am
BERLIN (AP) — The German government has trimmed its economic growth forecast this year to 2.3 percent, though it says the outlook remains good and is predicting that growth next year will be almost as strong. The forecast presented Wednesday is slightly lower than the government's prediction in...
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International Monetary Fund (IMF) Governors gather for a group photo during World Bank/IMF Spring Meetings in Washington, Saturday, April 21, 2018. ( AP Photo/Jose Luis Magana)
April 21, 2018 - 4:18 pm
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin expressed cautious optimism Saturday over efforts to resolve trade tensions that have rattled financial markets and clouded the global economic outlook. Mnuchin held a string of meetings over the past three days with financial officials from China...
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A woman walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Thursday, April 19, 2018. Asian shares rose on Thursday as improving optimism about the global economy helped investors shake off worries about geopolitical risks for the moment. (AP Photo/Vincent Yu)
April 19, 2018 - 8:39 am
LONDON (AP) — Global stock markets traded in fairly narrow ranges Thursday following a solid rebound based on waning fears about a trade war. Oil prices though pushed ahead to touch fresh multi-year highs on improving optimism about the global economy. KEEPING SCORE: In Europe, the FTSE 100 index...
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A woman walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Thursday, April 19, 2018. Asian shares rose on Thursday as improving optimism about the global economy helped investors shake off worries about geopolitical risks for the moment. (AP Photo/Vincent Yu)
April 19, 2018 - 4:52 am
HONG KONG (AP) — Most Asian and European shares rose and oil prices touched fresh multi-year highs on Thursday as improving optimism about the global economy helped investors shake off worries about geopolitical risks for the moment. KEEPING SCORE: European shares were mostly higher in early...
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A woman walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Thursday, April 19, 2018. Asian shares rose on Thursday as improving optimism about the global economy helped investors shake off worries about geopolitical risks for the moment. (AP Photo/Vincent Yu)
April 19, 2018 - 2:25 am
HONG KONG (AP) — Asian shares rose and oil prices touched fresh multi-year highs on Thursday as improving optimism about the global economy helped investors shake off worries about geopolitical risks for the moment. KEEPING SCORE: Japan's benchmark Nikkei 225 index rose 0.2 percent to 22,207.17 and...
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People walk past an electronic stock indicator of a securities firm in Tokyo, Wednesday, April 18, 2018. Asian stock markets followed Wall Street higher on Wednesday after Beijing added to a swelling trade dispute with Washington by hiking tariffs on U.S. sorghum. (AP Photo/Shizuo Kambayashi)
April 18, 2018 - 6:24 am
BEIJING (AP) — Global stock markets followed Wall Street higher Wednesday despite a Chinese tariff hike on U.S. sorghum in a swelling trade dispute with Washington. KEEPING SCORE: In early trading, London's FTSE 100 rose 0.7 percent to 7,278.02 and France's CAC 40 added 0.5 percent to 5,379.95...
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