Recessions and depressions

Mark Carney, Governor of the Bank of England attends the Bank of England's Monetary Policy Report news conference in the City of London, Thursday Jan. 30, 2020. The Bank of England on Thursday opted against cutting interest rates after a run of fairly firm economic data in the past week eased fears about a dramatic slowdown in the British economy. (Jonathan Brady/Pool via AP)
January 30, 2020 - 12:45 pm
LONDON (AP) — The Bank of England on Thursday opted against cutting interest rates amid signs of improvement in the British economy in the run-up to Britain's imminent departure from the European Union. The bank said in a statement that its Monetary Policy Committee voted 7-2 to keep the key U.K...
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January 30, 2020 - 12:05 pm
MEXICO CITY (AP) — Mexico's economy entered a recession in 2019, according to preliminary fourth quarter data released by the country's statistics institute. While Mexico had forecast that its economy would grow 2% during the first year of President Andrés Manuel López Obrador's administration, it...
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FILE - In this Dec. 11, 2019, file photo a television screen on the floor of the New York Stock Exchange shows Federal Reserve Board Chair Jerome Powell's Washington news conference. The Federal Reserve approved a proposal Thursday, Jan. 30, 2020, to loosen a financial-crisis era rule that prevents banks from investing in venture capital funds. (AP Photo/Richard Drew, File)
January 30, 2020 - 11:02 am
WASHINGTON (AP) — The Federal Reserve approved a proposal Thursday to loosen a financial-crisis era rule that prevents banks from investing in venture capital funds. The proposal would affect the so-called “Volcker Rule," which was created after the 2008 financial meltdown. The rule bars banks from...
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Mark Carney, Governor of the Bank of England attends the Bank of England's Monetary Policy Report news conference in the City of London, Thursday Jan. 30, 2020. The Bank of England on Thursday opted against cutting interest rates after a run of fairly firm economic data in the past week eased fears about a dramatic slowdown in the British economy. (Jonathan Brady/Pool via AP)
January 30, 2020 - 10:56 am
LONDON (AP) — The Bank of England on Thursday opted against cutting interest rates amid signs of improvement in the British economy in the run-up to Britain's imminent departure from the European Union. The bank said in a statement that its Monetary Policy Committee voted 7-2 to keep the key U.K...
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Mark Carney, Governor of the Bank of England attends the Bank of England's Monetary Policy Report news conference in the City of London, Thursday Jan. 30, 2020. The Bank of England on Thursday opted against cutting interest rates after a run of fairly firm economic data in the past week eased fears about a dramatic slowdown in the British economy. (Jonathan Brady/Pool via AP)
January 30, 2020 - 9:59 am
LONDON (AP) — The Bank of England on Thursday opted against cutting interest rates amid signs of improvement in the British economy in the run-up to Britain's imminent departure from the European Union. The bank said in a statement that its Monetary Policy Committee voted 7-2 to keep the key U.K...
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President of European Central Bank Christine Lagarde smiles prior to a press conference following a meeting of the governing council in Frankfurt, Germany, Thursday, Jan. 23, 2020. (AP Photo/Michael Probst)
January 23, 2020 - 11:53 am
FRANKFURT, Germany (AP) — The European Central Bank has decided to launch a top-to-bottom review of how it steers the economy in the 19 countries that use the euro currency. The review, the first since the global financial crisis, could include tweaking the bank's goal for inflation and finding...
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In this Monday, Jan. 20, 2020 image, Lizzie Chimiugak, right, gets a hug from her granddaughter Janet Lawrence at her home in Toksook Bay, Alaska. Chimiugak, who turned 90 years old on Monday, is scheduled to be the first person counted in the 2020 U.S. Census on Tuesday. (AP Photo/Gregory Bull)
January 21, 2020 - 8:34 pm
TOKSOOK BAY, Alaska (AP) — Lizzie Chimiugak has lived for 90 years in the windswept western wilds of Alaska, born to a nomadic family who lived in mud homes and followed where the good hunting and fishing led. Her home now is an outpost on the Bering Sea, Toksook Bay, and on Tuesday she became the...
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In this Monday, Jan. 20, 2020 image, Lizzie Chimiugak, right, gets a hug from her granddaughter Janet Lawrence at her home in Toksook Bay, Alaska. Chimiugak, who turned 90 years old on Monday, is scheduled to be the first person counted in the 2020 U.S. Census on Tuesday. (AP Photo/Gregory Bull)
January 21, 2020 - 7:57 pm
TOKSOOK BAY, Alaska (AP) — Lizzie Chimiugak has lived for 90 years in the windswept western wilds of Alaska, born to a nomadic family who lived in mud homes and followed where the good hunting and fishing led. Her home now is an outpost on the Bering Sea, Toksook Bay, and on Tuesday she became the...
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ARCHIVO - En imagen de archivo del 3 de octubre de 2019, los fuselajes del Boeing 737 MAX, fabricados por Spirit Aerosystems en Wichita, Kansas, se encuentran cubiertos pr lonas cerca de la fábrica. (Travis Heying/The Wichita Eagle vía AP, archivo)
January 16, 2020 - 6:30 pm
Kansas Labor Secretary Delia Garcia said Thursday that the state is better prepared to respond to layoffs stemming from the grounding of the troubled Boeing 737 Max than it was during the Great Recession, when it had to borrow money to prop up its unemployment insurance trust fund. That fund now...
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Clouds pass by the European Central Bank in Frankfurt, Germany, Thursday, Jan. 16, 2020. (AP Photo/Michael Probst)
January 16, 2020 - 9:30 am
FRANKFURT, Germany (AP) — Top officials at the European Central Bank say economic growth remains weak though they see a few upbeat signs after the U.S. and China moved toward lowering trade tensions. Recent data point to “a stabilization in euro area growth,” according to an account of the Dec. 12...
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