Recessions and depressions

A Chinese investor reads a newspaper as she monitors stock prices at a brokerage house in Beijing, Friday, Jan. 10, 2020. Asian shares rose Friday as worries receded the United States and Iran might be stepping closer to the edge of war, and U.S. indexes hit records. (AP Photo/Mark Schiefelbein)
January 10, 2020 - 7:54 am
TOKYO (AP) — Global stock markets mostly rose Friday as worries receded that the United States and Iran might be stepping closer to the edge of war. Traders were instead looking ahead to U.S. jobs figures for clues on the health of the world's biggest economy. France's CAC 40 edged up almost 0.1%...
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A Chinese investor reads a newspaper as she monitors stock prices at a brokerage house in Beijing, Friday, Jan. 10, 2020. Asian shares rose Friday as worries receded the United States and Iran might be stepping closer to the edge of war, and U.S. indexes hit records. (AP Photo/Mark Schiefelbein)
January 10, 2020 - 3:59 am
TOKYO (AP) — Global shares mostly rose Friday as worried receded that the United States and Iran might be stepping closer to the edge of war. France's CAC 40 slipped 0.2% to 6,031.15, while Germany's DAX added nearly 0.1% in early trading to 13,505.63. Britain's FTSE 100 was little changed, down...
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A Chinese investor reads a newspaper as she monitors stock prices at a brokerage house in Beijing, Friday, Jan. 10, 2020. Asian shares rose Friday as worries receded the United States and Iran might be stepping closer to the edge of war, and U.S. indexes hit records. (AP Photo/Mark Schiefelbein)
January 10, 2020 - 2:02 am
TOKYO (AP) — Asian shares rose Friday as worries receded the United States and Iran might be stepping closer to the edge of war, and U.S. indexes hit records. Japan's benchmark Nikkei 225 edged up 0.5% to finish at 23,850.57. Australia's S&P/ASX 200 rose 0.8% to 6,929.00. South Korea's Kospi...
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Specialist David Haubner works on the floor of the New York Stock Exchange, Thursday, Jan. 9, 2020. Stocks are opening broadly higher on Wall Street as traders welcome news that China's top trade official will head to Washington next week to sign a preliminary trade deal with the U.S. (AP Photo/Richard Drew)
January 09, 2020 - 10:53 pm
TOKYO (AP) — Asian shares rose Friday as worries receded the United States and Iran might be stepping closer to the edge of war, and U.S. indexes hit records. Japan's benchmark Nikkei 225 edged up 0.2% in morning trading to 23,776.09. Australia's S&P/ASX 200 rose 0.7% to 6,923.50. South Korea's...
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Specialist David Haubner works on the floor of the New York Stock Exchange, Thursday, Jan. 9, 2020. Stocks are opening broadly higher on Wall Street as traders welcome news that China's top trade official will head to Washington next week to sign a preliminary trade deal with the U.S. (AP Photo/Richard Drew)
January 09, 2020 - 4:32 pm
NEW YORK (AP) — Stocks around the world climbed on Thursday, and U.S. indexes hit records as markets continued a rally sparked after the United States and Iran appeared to step away from the edge of war. Money flowed into riskier investments, such as technology stocks, and trickled out of...
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January 09, 2020 - 1:24 pm
WASHINGTON (AP) — A top Federal Reserve official believes that the U.S. central bank needs to re-orient its thinking and policies toward fighting inflation that is too low, rather than its historic focus on keeping inflation from getting too high. John Williams, president of the New York Federal...
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Mark Carney, Governor of the Bank of England speaks at a Bank of England Financial Stability Report Press Conference, in London, Monday, Dec. 16, 2019. (AP Photo/Kirsty Wigglesworth,pool)
January 09, 2020 - 7:08 am
LONDON (AP) — U.K. interest rates could be cut as soon as this month to shore up an economy that's barely growing even as some Brexit uncertainty has dissipated, the Bank of England's outgoing chief hinted Thursday. Mark Carney said in a speech that there is a “debate” within the bank's rate-...
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FILE - In this Jan. 3, 2020, file photo visitors to the New York Stock Exchange pause to take photos in New York. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Jan. 8. (AP Photo/Mary Altaffer, File)
January 08, 2020 - 4:07 pm
NEW YORK (AP) — Stocks snapped higher on Wall Street and oil prices sank following signs that the U.S. and Iran were backing away from the edge of war. The rally capped a whirlwind of reversals. Markets around the world initially reeled early Wednesday after Iran fired missiles at two military...
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FILE - In this Jan. 3, 2020, file photo visitors to the New York Stock Exchange pause to take photos in New York. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Jan. 8. (AP Photo/Mary Altaffer, File)
January 08, 2020 - 2:37 pm
NEW YORK (AP) — U.S. stocks climbed toward records Wednesday on hopes that the United States and Iran were backing away from the edge of war. The rally capped a whirlwind of reversals in markets around the world. Investments initially reeled early Wednesday after Iran fired missiles at two military...
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January 08, 2020 - 4:35 am
BERLIN (AP) — German factory orders dropped 1.3% in November compared with the previous month, pushed down by a drop in foreign demand and low bulk orders. The drop in orders, an important indicator for Europe's biggest economy, followed a modest gain of 0.2% in October. The Economy Ministry said...
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