Recessions and depressions

Jennifer Lopez and daughter Emme Maribel Muniz perform during halftime of the NFL Super Bowl 54 football game Sunday, Feb. 2, 2020, in Miami Gardens, Fla. (AP Photo/Charlie Riedel)
1010 WINS Newsroom
February 03, 2020 - 6:26 pm
SAN JUAN (AP) — The screams echoed across Puerto Rico when Jennifer Lopez unfurled a feather cape representing the flag of the U.S. territory during the Super Bowl’s halftime show, a moment that many were still replaying and sharing on Monday. The move came at a trying time for those on the island...
Read More
FILE - The front of the New York Stock Exchange is shown in this Jan. 31, 2020, file photo. Stocks are opening solidly higher on Wall Street as the market finds its footing after two weeks of losses amid uncertainty over the virus outbreak that began in China. (AP Photo/Mark Lennihan, File)
1010 WINS Newsroom
February 03, 2020 - 4:39 pm
NEW YORK (AP) — Stocks rose in much of the world Monday and recovered some of their losses from earlier weeks, but markets are still far from giving the all-clear on the virus that has spread to more than 20 countries and infected more than 17,000 people. Chinese stocks tumbled nearly 8% after...
Read More
People wear protective face masks on a street corner in Hong Kong, Monday, Feb. 3, 2020. In Hong Kong, thousands of health care workers were threatening to go on strike Tuesday unless the government agrees to talks before a 6 p.m. Monday deadline. Hong Kong has recorded 14 cases of the virus and has cut flights and train and bus connections to the mainland, but a push is growing for the semi-autonomous Chinese city to close the border completely. (AP Photo/Vincent Yu)
1010 WINS Newsroom
February 03, 2020 - 6:06 am
HONG KONG (AP) — Hong Kong’s economy shrank last year for the first time since 2009, government data showed Monday, as the territory struggles with the impact of China's virus outbreak. The economy of the Chinese territory of 7 million people, a major trading and financial center, contracted by 1.2...
Read More
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)
1010 WINS Newsroom
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...
Read More
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)
1010 WINS Newsroom
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...
Read More
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)
1010 WINS Newsroom
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...
Read More
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)
1010 WINS Newsroom
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...
Read More
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)
1010 WINS Newsroom
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...
Read More
Clouds pass by the European Central Bank in Frankfurt, Germany, Thursday, Jan. 16, 2020. (AP Photo/Michael Probst)
1010 WINS Newsroom
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...
Read More
FILE - In this Oct. 21, 2013, file photo, the JPMorgan Chase logo is displayed at their headquarters in New York. Banking giant JPMorgan Chase said that its fourth-quarter profits jumped 21% from a year earlier, as the bank's trading desks had a blowout quarter. A sharp increase in JPMorgan's trading business made up for declining interest rates, which impacted other parts of the bank. (AP Photo/Seth Wenig, File)
1010 WINS Newsroom
January 14, 2020 - 1:50 pm
NEW YORK (AP) — So far, it appears 2019 was another record year for Wall Street. Trading of stocks and bonds rebounded after a terrible end to 2018 and consumers spent tons of money on their credit cards, buoyed by a strong job market and steady economic growth. On Tuesday, JPMorgan Chase reported...
Read More

Pages