Recessions and depressions

Thousands march to the Arizona Capitol for higher teacher pay and public school funding on the first day of a state-wide teachers strike Thursday, April 26, 2018, in Phoenix. Arizona leaders dealing with an unprecedented teacher strike are paying the political price for long-festering resentment among many public school teachers. (AP Photo/Ross D. Franklin)
April 27, 2018 - 10:33 am
PHOENIX (AP) — Arizona and Colorado teachers plan to don red shirts and descend upon their respective Capitols for a second day in a growing educator uprising. Educators in both states want more classroom resources and have received offers either for increased school funding or pay, but they say...
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FILE- In this April 9, 2018, file photo a cashier rings up a purchase at a store in Salem, N.H. On Friday, April 27, 2018, the Labor Department releases the employment cost index for the first quarter, a measure of wage and benefit growth. (AP Photo/Elise Amendola, File)
April 27, 2018 - 9:34 am
WASHINGTON (AP) — U.S. private-sector workers received the biggest pay raise in 11 years in the first three months of the year, a sign that the tight job market is slowly lifting wages. The Labor Department said Friday that its employment cost index shows wages and salaries in the private sector...
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Thousands chant as they participate in a protest at the Arizona Capitol for higher teacher pay and school funding on the first day of a state-wide teachers strike Thursday, April 26, 2018, in Phoenix. (AP Photo/Ross D. Franklin)
April 27, 2018 - 2:11 am
PHOENIX (AP) — Arizona and Colorado teachers plan to don red shirts and descend upon their respective Capitols for a second day in a growing educator uprising. Educators in both states want more classroom resources and have received offers either for increased school funding or pay, but they say...
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Thousands chant as they participate in a protest at the Arizona Capitol for higher teacher pay and school funding on the first day of a state-wide teachers strike Thursday, April 26, 2018, in Phoenix. (AP Photo/Ross D. Franklin)
April 26, 2018 - 8:10 pm
PHOENIX (AP) — Teachers in Arizona and Colorado turned their state Capitols into a sea of red Thursday as they kicked off widespread walkouts that shut down public schools in a bid for better pay and education funding, building on educator revolt that emerged elsewhere in the U.S. but whose...
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Jenn Gray, right, Ciara Schmalfeld, center, and Jessica Amstutz, left, help set up a special food table at the South Phoenix Missionary Baptist Church for kids affected by the Arizona teacher strike Thursday, April 26, 2018, in Phoenix. Teachers in Arizona and Colorado walked out of their classes today over low salaries keeping hundreds of thousands of students out of school. It's the latest in a series of strikes across the nation over low teacher pay. (AP Photo/Ross D. Franklin)
April 26, 2018 - 3:57 pm
PHOENIX (AP) — The Latest on teacher protests in Arizona and Colorado (all times local): 12:55 p.m. Arizona teachers marching to the state Capitol are breaking into occasional chants along the route in downtown Phoenix, including their signature "Red for Ed." Employees at courthouses and office...
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Jenn Gray, right, Ciara Schmalfeld, center, and Jessica Amstutz, left, help set up a special food table at the South Phoenix Missionary Baptist Church for kids affected by the Arizona teacher strike Thursday, April 26, 2018, in Phoenix. Teachers in Arizona and Colorado walked out of their classes today over low salaries keeping hundreds of thousands of students out of school. It's the latest in a series of strikes across the nation over low teacher pay. (AP Photo/Ross D. Franklin)
April 26, 2018 - 2:05 pm
PHOENIX (AP) — The Latest on teacher protests in Arizona and Colorado (all times local): 11 a.m. Thousands of Arizona teachers and their supporters are marching toward the state Capitol to demand more education funding in a historic statewide strike that's shut down schools. Crowds in red shirts...
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Kitchen worker Nancy Martinez serves a student a free breakfast at San Marcos Elementary School cafeteria Thursday, April 26, 2018, in Chandler, Ariz. Teachers in Arizona and Colorado walked out over low salaries keeping hundreds of thousands of students out of school. It's the latest in a series of strikes across the nation over low teacher pay. (AP Photo/Matt York)
April 26, 2018 - 1:22 pm
PHOENIX (AP) — A wave of red-clad teachers was poised to flood the Arizona state Capitol on Thursday for an unprecedented walkout that closed most of the state's public schools, part of an educator uprising that's also bubbled up in Colorado. Around 30,000 to 50,000 teachers and their supporters...
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President of the European Central Bank Mario Draghi arrives for a news conference in Frankfurt, Germany, Thursday, April 26, 2018. (AP Photo/Michael Probst)
April 26, 2018 - 11:02 am
FRANKFURT, Germany (AP) — The head of the European Central Bank says recent signs of weakening economic growth are grounds for caution but not worrisome enough yet to consider changing the bank's stimulus and interest rate policy. Mario Draghi said Thursday that recent data points to "some...
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FILE - In this Thursday, Dec. 14, 2017 file photo, President of the European Central Bank Mario Draghi speaks during a news conference in Frankfurt, Germany. Weaker signals from the economy and worries about a trade war between the United State and China mean the European Central Bank is in no hurry at all to start withdrawing its monetary stimulus efforts. And that means markets and consumers will have to live with central bank interest rates at zero and in some cases below for a good while yet. (AP Photo/Michael Probst, file)
April 26, 2018 - 7:56 am
FRANKFURT, Germany (AP) — The European Central Bank has left its key interest rates and stimulus settings unchanged as it sizes up conflicting signs about how well the economy is doing in the 19 countries that use the euro. Markets are waiting to hear bank President Mario Draghi's assessment at a...
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Highland Arts Elementary School kindergarten teacher Melissa Perez participates in a final walk-in Wednesday, April 25, 2018, in Mesa, Ariz. Communities and school districts are preparing for a historic statewide teacher walkout on Thursday that could keep hundreds of thousands of students out of school indefinitely. (AP Photo/Matt York)
April 26, 2018 - 6:34 am
PHOENIX (AP) — A wave of red-clad teachers will crash upon the Arizona state Capitol on Thursday for an unprecedented job action that will close schools for a majority of the state's public school students, part of an educator uprising that's also bubbled up in Colorado. Around 30,000 to 50,000...
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