Economic outlook

In this Nov. 6, 2019, photo, people shop at Books & Books, a locally owned business, in the Coconut Grove neighborhood in Miami. On Friday, Nov. 15, the Commerce Department releases U.S. retail sales data for October. (AP Photo/Lynne Sladky)
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November 15, 2019 - 11:04 am
WASHINGTON (AP) — Americans stepped up their shopping last month, spending more online and buying more cars, evidence that consumers can still drive the economy’s growth. Still, the details of the report were weaker than expected, economists said, and several analysts reduced their forecasts for...
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A currency trader talks on the phone at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Nov. 14, 2019. Asian stock markets were mixed Thursday amid doubts about the status of a U.S.-Chinese trade deal after the U.S. Federal Reserve’s chairman said it is likely to leave its benchmark interest rate unchanged. (AP Photo/Ahn Young-joon)
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November 14, 2019 - 7:58 am
BEIJING (AP) — Global stock markets slipped Thursday amid doubts about a U.S.-Chinese trade deal and after the U.S. Federal Reserve chairman said it is likely to leave its benchmark interest rate unchanged. London and Frankfurt were trading lower after Tokyo and Hong Kong closed down for the day...
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Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, Wednesday, Oct. 30, 2019. The Federal Reserve cut rates for the third time this year. (AP Photo/Susan Walsh)
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November 13, 2019 - 11:47 am
WASHINGTON (AP) — The Latest on Federal Reserve Chairman Jerome Powell’s testimony before the Joint Economic Committee about the outlook for the U.S. economy (all times local): 11:45 a.m. Federal Reserve Chairman Jerome Powell says that the unemployment rate, already near a 50-year low, could drop...
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FILE - In this Oct. 30, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington. On Wednesday, Nov. 13, Powell plans to testify to Congress' Joint Economic Committee. (AP Photo/Susan Walsh, File)
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November 13, 2019 - 11:08 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell indicated Wednesday that the Fed is likely to keep its benchmark short-term interest rate unchanged in the coming months, unless the economy shows signs of worsening. But for now, in testimony before a congressional panel, Powell expressed...
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FILE - In this Nov. 7, 2019, file photo specialist Gregg Maloney, left, and trader David O'Day work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Monday, Nov 11. (AP Photo/Richard Drew, File)
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November 11, 2019 - 4:51 pm
NEW YORK (AP) — U.S. stocks mostly fell on Monday as uncertainty continues to hang over U.S.-China trade talks, or at least over investors' perception of them. The stock market has been rallying for five weeks in part on optimism that the United States and China are nearing a stopgap deal to calm...
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A pro-Brexit supporter demonstrates with anti-Brexit protesters behind him outside the Houses of Parliament on the final day of the lawmakers sitting before the start of the general election campaign in London, Tuesday, Nov. 5, 2019. Britain goes to the polls on Dec. 12. (AP Photo/Alastair Grant)
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November 07, 2019 - 9:53 am
LONDON (AP) — The growth outlook for the British economy has deteriorated largely as a result of a gloomier global backdrop, the Bank of England said Thursday as it refrained from cutting rates in the run-up to a general election that could have huge repercussions on Brexit. Though waning fears of...
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A workman sweeps up leaves in front of 10 Downing Street in London, Wednesday, Oct. 30, 2019. Britons will be heading out to vote in the dark days of December after the House of Commons on Tuesday backed an early national vote that could break the country's political impasse over Brexit — or turn out to be merely a temporary distraction. (AP Photo/Kirsty Wigglesworth)
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October 30, 2019 - 8:36 am
LONDON (AP) — A respected British think tank slammed Prime Minister Boris Johnson's Brexit deal on Wednesday, concluding that the economy would be 3.5% smaller compared with staying in the European Union. The study by the National Institute of Economic and Social Research says the agreement would...
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FILE - In this June 19, 2019, file photo the Washington news conference of Federal Reserve Chair Jerome Powell appears on television screen on the trading floor of the New York Stock Exchange shows the rate decision of the Federal Reserve. The Fed concludes its two-day meeting Wednesday, Oct. 30. (AP Photo/Richard Drew, File)
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October 30, 2019 - 12:05 am
WASHINGTON (AP) — The Federal Reserve is set to cut its benchmark interest rate Wednesday for a third time this year to help sustain the U.S. economic expansion in the face of widespread trade tensions and slower global growth. But the Fed's policymakers will likely frustrate anyone who is hoping...
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FILE - In this Oct. 4, 2019, file photo Federal Reserve Chairman Jerome Powell listens to feedback during a panel at the Federal Reserve Board Building in Washington. The Fed concludes its two-day meeting Wednesday, Oct. 30. (AP Photo/Jacquelyn Martin, File)
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October 29, 2019 - 11:24 am
WASHINGTON (AP) — Economists and investors who are trying to get a fix on what the Federal Reserve may do in the months ahead have zeroed in on a single phrase in the statement it has issued after its most recent policy meetings. The phrase seems innocuous enough. The Fed's policymakers, it states...
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Trader Craig Esposito works on the floor of the New York Stock Exchange, Monday, Oct. 28, 2019. The S&P 500 rose 16 points, or 0.6 %, to 3,039, while the Dow Jones Industrial Average added 132 points, or 0.5%, to 27,090. (AP Photo/Richard Drew)
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October 28, 2019 - 5:29 pm
The S&P 500 index closed at an all-time high Monday, extending a recent string of gains in what's mostly been a solid month for the market. The benchmark index closed at 3,039.42, around 14 points above its previous record set on July 26. The S&P 500 notched its latest milestone after weeks...
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