Recessions and depressions

FILE - In this Feb. 17, 2015, file photo, ice covered Lake Michigan is seen behind downtown skyline, in Chicago. Big cities, like Chicago, aren't growing like they used to. New figures released by the U.S. Census Bureau on Thursday, May 23, 2019, show most of the nation's largest cities last year grew by a fraction of the numbers they did earlier this decade. (AP Photo/Kiichiro Sato, File)
May 23, 2019 - 12:16 am
ORLANDO, Fla. (AP) — Big cities in the U.S. aren't growing like they used to. Most of the nation's largest cities last year grew by a fraction of the numbers they did earlier in the decade, according to population and housing unit estimates released Thursday by the U.S. Census Bureau. The previous...
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Australian Labor Party leader Bill Shorten, right, pauses after placing a floral tribute to the late former Australian Prime Minster Bob Hawke at the Opera House in Sydney, Friday, May 17, 2019. A federal election will be held in Australian on Saturday May 18, 2019. (Lukas Coch/AAP Image via AP)
May 16, 2019 - 11:43 pm
CANBERRA, Australia (AP) — Australia's opposition leader said he wants to win elections on Saturday for his Australian political hero whose death overshadows the final days of campaigning. The death of former Prime Minister Bob Hawke at his Sydney home on Thursday has turned the national focus to...
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FILE - In this May 3, 2017, file photo Education Secretary Betsy DeVos speaks during a school choice event in the Roosevelt Room of the White House in Washington. Education advocates say a Trump administration plan to use federal Pell Grant money to fund space exploration would jeopardize aid for future college students and could trigger a budgeting crisis within a few years. (AP Photo/Evan Vucci, File)
May 14, 2019 - 6:42 pm
Education advocates say a Trump administration plan to use federal Pell Grant money to fund space exploration would jeopardize aid for future college students and could trigger a budgeting crisis within just a few years. The plan aims to redirect $1.9 billion from a Pell Grant surplus to jumpstart...
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Stock trader Gregory Rowe works at the New York Stock Exchange, Friday, May 10, 2019. (AP Photo/Richard Drew)
May 10, 2019 - 3:41 pm
Major U.S. stock indexes turned higher in late afternoon trading Friday, shaking off an early slump triggered by the latest escalation in the trade war between the U.S. and China. The market fell sharply in the early going after the U.S. raised tariffs on $200 billion worth of Chinese goods after...
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May 09, 2019 - 12:26 pm
SAN JUAN, Puerto Rico (AP) — A federal control board that oversees Puerto Rico's finances voted on Thursday to extend its power and bring all of the U.S. territory's 78 municipalities under its supervision for the first time. The board announced that it also will require fiscal plans and budgets...
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May 09, 2019 - 12:12 pm
SAN JUAN, Puerto Rico (AP) — A federal control board that oversees Puerto Rico's finances voted on Thursday to extend its power and bring all of the U.S. territory's 78 municipalities under its supervision for the first time. The board announced that it also will require fiscal plans and budgets...
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President Donald Trump smiles during a meeting with Slovak Prime Minister Peter Pellegrini in the Oval Office of the White House, Friday, May 3, 2019, in Washington. (AP Photo/Alex Brandon)
May 04, 2019 - 5:52 am
NEW YORK (AP) — The lowest unemployment rate in a half century. More than 260,000 new jobs. And higher hourly wages. "I'll be running on the economy," President Donald Trump declared on Friday. And why wouldn't he? The day's new round of sunny employment figures offered fresh evidence of a strong...
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President Donald Trump smiles during a meeting with Slovak Prime Minister Peter Pellegrini in the Oval Office of the White House, Friday, May 3, 2019, in Washington. (AP Photo/Alex Brandon)
May 04, 2019 - 1:48 am
NEW YORK (AP) — The lowest unemployment rate in a half century. More than 260,000 new jobs. And higher hourly wages. "I'll be running on the economy," President Donald Trump declared on Friday. And why wouldn't he? The day's new round of sunny employment figures offered fresh evidence of a strong...
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President Donald Trump smiles during a meeting with Slovak Prime Minister Peter Pellegrini in the Oval Office of the White House, Friday, May 3, 2019, in Washington. (AP Photo/Alex Brandon)
May 03, 2019 - 10:22 pm
NEW YORK (AP) — The lowest unemployment rate in a half century. More than 260,000 new jobs. And higher hourly wages. "I'll be running on the economy," President Donald Trump declared on Friday. And why wouldn't he? The day's new round of sunny employment figures offered fresh evidence of a strong...
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President Donald Trump smiles during a meeting with Slovak Prime Minister Peter Pellegrini in the Oval Office of the White House, Friday, May 3, 2019, in Washington. (AP Photo/Alex Brandon)
May 03, 2019 - 6:13 pm
NEW YORK (AP) — The lowest unemployment rate in a half century. More than 260,000 new jobs. And higher hourly wages. "I'll be running on the economy," President Donald Trump declared on Friday. And why wouldn't he? The day's new round of sunny employment figures offered fresh evidence of a strong...
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