Economic outlook

FILE - In this June 3, 2019, file photo a shopping cart sits in the parking lot of a Target store in Marlborough, Mass. On Friday, June 14, the Commerce Department releases U.S. retail sales data for May. (AP Photo/Bill Sikes, File)
June 14, 2019 - 9:21 am
WASHINGTON (AP) — Americans stepped up their retail spending last month, a sign that recent worries about cautious consumers dragging on growth may have been overdone. The Commerce Department said Friday that retail sales rose 0.5% in May, after a smaller gain of 0.3% in the previous month. April's...
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Iranian Foreign Minister Mohammad Javad Zarif speaks during a press conference with his German counterpart Heiko Maas after their talks in Tehran, Iran, Monday, June 10, 2019. Zarif warned the U.S. on Monday that it "cannot expect to stay safe" after launching what he described as an economic war against Tehran, taking a hard-line stance amid a visit by Germany's top diplomat seeking to defuse tensions. (AP Photo/Ebrahim Noroozi)
June 10, 2019 - 2:16 pm
TEHRAN, Iran (AP) — Iran's foreign minister warned the U.S. on Monday that it "cannot expect to stay safe" after launching what he described as an economic war against Tehran, taking a hard-line stance amid a visit by Germany's top diplomat seeking to defuse tensions. A stern-faced Mohammad Javad...
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FILE - In this Aug. 31, 2017, file photo, workers produce vehicles at Volkswagen's U.S. plant in Chattanooga, Tenn. Top Tennessee Republicans are predicting economic harm if a vote to unionize Volkswagen's car assembly plant in Chattanooga passes. (AP Photo/Erik Schelzig, File)
June 07, 2019 - 4:07 pm
NASHVILLE, Tenn. (AP) — Top Tennessee Republicans are predicting economic harm if workers at Volkswagen's car assembly plant in Chattanooga vote to unionize, and they are following a blueprint that helped GOP officials sink a similar vote five years ago. Volkswagen workers in Chattanooga voted 712-...
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Visitors take photos of a statue of a bull along a shopping street in Beijing, Friday, June 7, 2019. Asian shares were mostly higher Friday on investor optimism about a possible trade deal between the U.S. and Mexico before tariffs take effect. (AP Photo/Mark Schiefelbein)
June 07, 2019 - 7:54 am
TOKYO (AP) — Global markets were mostly higher Friday with investors optimistic about a U.S.-Mexico trade deal and what economists expect to be solid U.S. jobs numbers. France's CAC 40 climbed 1.5% to 5,358. Germany's DAX picked up 0.8% to 12,049, while Britain's FTSE 100 gained 0.9% to 7,325. Wall...
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Classic American cars sit parked as their drivers await tourists in Havana, Cuba, Wednesday, June 5, 2019. Drivers of classic cars, owners of private restaurants, guides, handicrafts vendors and owners of rooms for rent will be among the most affected by the Trump administration’s new restrictions on travel to Cuba. (AP Photo/Ismael Francisco)
June 05, 2019 - 6:02 pm
HAVANA (AP) — Drivers of classic cars, restaurateurs, tour guides and owners of bed-and-breakfasts are all saying the Trump administration's new restrictions on U.S travel to Cuba will be a severe blow to their businesses. The restrictions announced Tuesday eliminate U.S. cruise travel to Cuba...
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June 05, 2019 - 4:26 am
LONDON (AP) — A closely watched survey shows that the eurozone economy picked up a little bit of steam in May to expand at a three-month high rate. Financial information firm IHS Markit said Wednesday that its purchasing managers index — a broad gauge of economic activity across manufacturing and...
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Agriculture Secretary Sonny Perdue laughs with a reporter on the North Lawn of the White House in Washington, Thursday, May 23, 2019.(AP Photo/Andrew Harnik)
May 23, 2019 - 8:08 pm
WASHINGTON (AP) — President Donald Trump rolled out another $16 billion in aid for farmers hurt by his trade policies, and financial markets shook Thursday on the growing realization that the U.S. and China are far from settling a bitter, year-long trade dispute. U.S. Agriculture Secretary Sonny...
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Cars for export and import are stored in front of containers on Thursday, May 16, 2019 at the harbor in Bremerhaven, Germany, with 2 million vehicles per annum one of the largest automobile hubs in the world. US President Donald Trump is delaying any decision to impose tariffs on car and auto-part imports for now. (AP Photo/Martin Meissner)
May 20, 2019 - 8:25 am
BERLIN (AP) — Germany's central bank says it expects the country's economy, Europe's biggest, to turn in a feeble performance in the current quarter after returning to growth in the winter. Solid consumer spending and a construction boom helped the economy grow by 0.4% in the January-March period...
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A worker walks near truck trailers and cargo containers, Friday, May 10, 2019, at the Port of Tacoma in Tacoma, Wash. U.S. and Chinese negotiators resumed trade talks Friday under increasing pressure after President Donald Trump raised tariffs on $200 billion in Chinese goods and Beijing promised to retaliate. (AP Photo/Ted S. Warren)
May 13, 2019 - 6:29 am
WASHINGTON (AP) — The White House's top economic adviser has acknowledged that U.S. consumers and businesses pay the tariffs that the Trump administration has imposed on billions of dollars of Chinese goods, even as President Trump himself insisted in a tweet, incorrectly, that China pays. Chris...
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President Donald Trump walks on the South Lawn of the White House in Washington, Wednesday, May 8, 2019, to board Marine One for a short trip to Andrews Air Force Base, Md., to travel to Florida to visit with those affected by Hurricane Michael and attend a rally. (AP Photo/Andrew Harnik)
May 08, 2019 - 7:05 pm
WASHINGTON (AP) — The Latest on the United States and Iran (all times local): 6:45 p.m. American officials say the U.S. is poised to move more military assets to the Middle East in response to perceived threats from Iran. Officials say two additional bomber aircraft are expected to deploy to the...
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