Recessions and depressions

Pro-democracy activist Joshua Wong speaks during a press conference in Hong Kong, Tuesday, Oct. 29, 2019. Hong Kong authorities disqualified high-profile pro-democracy activist Joshua Wong from upcoming local council elections, in the latest sign of deepening division in the semiautonomous Chinese city wracked by months of protests. (AP Photo/Vincent Yu)
1010 WINS Newsroom
October 29, 2019 - 6:24 am
HONG KONG (AP) — Hong Kong authorities barred pro-democracy activist Joshua Wong from an election as the city's leader warned Tuesday that months of violent protests have pushed the city to the brink of recession. In comments likely to further anger protesters, Chief Executive Carrie Lam said there...
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Hong Kong Chief Executive Carrie Lam attends a press conference in Hong Kong, Tuesday, Oct. 29, 2019. Hong Kong's leader says the city is at risk of falling into a recession as it enters its fifth month of pro-democracy protests, and she says her priority was ending violence first before a political resolution. (AP Photo/Vincent Yu)
1010 WINS Newsroom
October 29, 2019 - 12:10 am
HONG KONG (AP) — The Latest on Hong Kong protests (all times local): 11:30 a.m. Hong Kong authorities have disqualified pro-democracy activist Joshua Wong from upcoming local council elections. Wong on Tuesday sent a copy of a letter notifying him of the disqualification to media. The government...
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This Sept. 18, 2019, photo shows the view of the U.S. Capitol building from the Washington Monument in Washington. The federal deficit for the 2019 budget year is expected to have soared to near $1 trillion, up more than $200 billion from last year and the largest such gap in seven years. (AP Photo/Patrick Semansky)
1010 WINS Newsroom
October 25, 2019 - 7:07 pm
WASHINGTON (AP) — The Trump administration reported a river of red ink Friday. The federal deficit for the 2019 budget year surged 26% from 2018 to $984.4 billion — its highest point in seven years. The gap is widely expected to top $1 trillion in the current budget year and likely remain there for...
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Cars pass by near the skyline with the buildings of the banking district in Frankfurt, Germany, Tuesday, Oct. 22, 2019. (AP Photo/Michael Probst)
1010 WINS Newsroom
October 25, 2019 - 5:18 am
BERLIN (AP) — German consumers are growing more pessimistic amid concerns about the global economic downturn, trade conflicts and Brexit, a survey showed Friday, while a second study indicated the country's businesses are less happy with their current situation but have greater hope for the coming...
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FILE - In this June 15, 2017, file photo, people walk inside the Oculus, the new transit station at the World Trade Center in New York. Financial fears, not wanting to check your credit, confront your debt or even discuss your student loans, can feel especially shameful. But facing those fears can empower you to take action. (AP Photo/Frank Franklin II, File)
1010 WINS Newsroom
October 22, 2019 - 10:32 am
Fear can consume you. The anxiety of the unknown can drive you to pull the blanket over your head, whether you're worried about a rustling sound outside your bedroom window or that you won't have enough retirement savings. Financial fears — not wanting to check your credit, confront your debt or...
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Turkey's President Recep Tayyip Erdogan addresses a conference of parliament speakers in Istanbul, Friday, Oct. 11, 2019. Erdogan says his county "will not take a step back" from its offensive against Syrian Kurdish militants it sees as a national security threat, defying serious warnings from the United States and other Western nations. (Presidential Press Service via AP, Pool)
1010 WINS Newsroom
October 15, 2019 - 12:49 pm
FRANKFURT, Germany (AP) — The sanctions the U.S. announced against Turkey this week over its offensive in Syria fall well short of doing serious damage to an economy still healing from a recession and currency collapse. President Donald Trump could take far tougher action that would deter foreign...
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Passengers walk by merchandise on display at the Shanghai Disney flagship store at Hongqiao Railway Station in Shanghai, China, Monday, Oct. 14, 2019. China's trade with the United States fell by double digits again in September amid a tariff war that threatens to tip the global economy into recession. (AP Photo/Andy Wong)
1010 WINS Newsroom
October 14, 2019 - 6:32 am
BEIJING (AP) — China's trade with the United States fell by double digits again in September amid a tariff war that threatens to tip the global economy into recession. Exports to the United States, China's biggest foreign market, fell 21.9% to $36.5 billion, a deterioration from August's 16%...
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FILE - In this Oct. 4, 2019, file photo Federal Reserve Chairman Jerome Powell attends a panel at the Federal Reserve Board Building in Washington. On Wednesday, Oct. 9, the Federal Reserve releases minutes from its September meeting when it cut interest rates for a second time this year. (AP Photo/Jacquelyn Martin, File)
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October 09, 2019 - 2:33 pm
WASHINGTON (AP) — Federal Reserve officials were sharply divided last month when they decided to cut their key policy rate for a second time this year, a split that indicates the path forward for future rate cuts remains cloudy. Minutes of the discussion at the September meeting released Wednesday...
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FILE - In this Aug. 15, 2019, file photo a "Now hiring" sign is displayed on the front door of a Staples store in Manchester, N.H. On Wednesday, Oct. 9, the Labor Department reports on job openings and labor turnover for August. (AP Photo/Charles Krupa, File)
1010 WINS Newsroom
October 09, 2019 - 11:21 am
WASHINGTON (AP) — U.S. job openings fell 1.7% in August and hires edged down, bolstering views that the labor market may lose momentum as economic uncertainty and a manufacturing recession squeeze employers. The Labor Department says employers advertised 7.1 million available jobs in August, down...
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FILE - In this May 23, 2019, file photo, customers shop near a section selling Marvel Avengers toys by American toymaker Hasbro at a toy store in Beijing. The nation's business economists think President Donald Trump's trade war with China will contribute to a sharp slowdown in economic growth this year and next, raising concerns about a possible recession starting late next year. (AP Photo/Andy Wong, File)
1010 WINS Newsroom
October 07, 2019 - 3:37 am
WASHINGTON (AP) — The nation's business economists think President Donald Trump's trade war with China will contribute to a sharp slowdown in economic growth this year and next, raising concerns about a possible recession starting late next year. The latest survey by a panel of 51 forecasters with...
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