Recessions and depressions

Sen. Elizabeth Warren, D-Mass., speaks about a bill to cancel student loan debt, Tuesday, July 23, 2019, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
July 26, 2019 - 2:30 pm
WASHINGTON (AP) — Elizabeth Warren became a household name thanks to her prescient warning of what became a global financial crisis. Now she's staking her credentials on another forecast of fiscal trauma ahead. But even economists who like her prescription are skeptical about her diagnosis. The...
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Ex-New York City councilwoman Melissa Mark-Viverito, center, joins protesters outside La Fortaleza, in San Juan, Puerto Rico, Wednesday, July 24, 2019. Hundreds of thousands of Puerto Rico have been outraged by leaked, obscenity-laced online chats between Gov. Ricardo Rossello and his advisers, and have protested for nearly two weeks demanding his resignation. (AP Photo/Dennis M. Rivera Pichardo)
July 25, 2019 - 12:00 am
SAN JUAN, Puerto Rico (AP) — The latest on the political crisis in Puerto Rico (all times local): 11:55 p.m. Puerto Rico Gov. Ricardo Rosselló says he is resigning effective Aug. 2 in the face of public furor over an obscenity-laced online chat that showed the governor and close advisers insulting...
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In this Tuesday, Dec. 11, 2018 photo the European Central Bank (ECB) sits next to the river Main in Frankfurt, Germany. The European Central Bank could take action including a possible rate cut at its policy meeting on Thursday, as central banks around the globe get ready to rev up stimulus in order to support the long-running recovery from the Great Recession. (AP Photo/Michael Probst)
July 22, 2019 - 11:05 am
FRANKFURT, Germany (AP) — The European Central Bank could take action including a possible rate cut at its policy meeting on Thursday, as central banks around the globe rev up stimulus to support the world economy through a period of heightened uncertainty from trade wars and Brexit. The ECB, which...
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About 200-300 people from the North Texas (Dallas-Fort Worth area) Puerto Rican community gather to protest Gov. Ricardo Rossello outside the Adobo Puerto Rican Cafe in Irving, Texas, Sunday, July 21, 2019. Puerto Rico's embattled governor says he will not seek re-election but will not resign as the island's leader, though he will step down as head of his pro-statehood party. (Tom Fox/The Dallas Morning News via AP)
July 21, 2019 - 10:21 pm
SAN JUAN, Puerto Rico (AP) — Puerto Rico Gov. Ricardo Rosselló said Sunday evening that he will not resign in the face of public furor over an obscenity-laced leaked online chat, but he will not seek reelection or continue as head of his pro-statehood political party. Protesters said they were not...
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FILE - In this Wednesday, Jan. 31, 2018 file photo, people aboard a boat make way past the Houses of Parliament with Big Ben's clock tower, the Elizabeth Tower covered in scaffolding for repairs in London. British lawmakers on Thursday July 18, 2019, put a substantial roadblock in the path of any attempt by a Brexit-backing prime minister to take the country out of the European Union without a divorce deal. (AP Photo/Matt Dunham, File)
July 18, 2019 - 12:33 pm
LONDON (AP) — With Britain set to get a new pro-Brexit leader within days, lawmakers on Thursday erected a roadblock in the path of any attempt by the incoming prime minister to take the country out of the European Union without a divorce deal. The move came as the U.K.'s official economic watchdog...
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In this photo issued by ITV, showing Britain's Conservative Party leadership candidates Boris Johnson, centre, and Jeremy Hunt, right, with presenting journalist Julie Etchingham, left, moderating the live head-to-head TV debate hosted by ITV at their studios in Salford, England, Tuesday July 9, 2019. The two contenders, Jeremy Hunt and Boris Johnson are competing for votes from party members, with the winner replacing Prime Minister Theresa May as party leader and Prime Minister of Britain's ruling Conservative Party. (Matt Frost/ITV via AP)
July 09, 2019 - 4:58 pm
LONDON (AP) — The two men vying to be Britain's next leader traded verbal blows in a televised debate Tuesday about who is more likely to break the country's Brexit deadlock and lead the U.K. out of the European Union. About 160,000 Conservative Party members are voting for a successor to Prime...
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In this June 18, 2019, photo a man pulls a grocery cart as he walks in the rain past the stock ticker scroll board, showing a strong daily gain in the Dow Jones, outside Fidelity Investments in the Financial District of Boston. According to a survey by The Associated Press-NORC Center for Public Affairs Research, Americans are generally satisfied with their personal finances, but many lack confidence in their ability to afford retirement, an emergency expense or even their daily living costs (AP Photo/Charles Krupa)
July 09, 2019 - 8:28 am
WASHINGTON (AP) — Americans are generally satisfied with their personal finances, but many lack confidence in their ability to afford retirement, an emergency expense or even their daily living costs. Roughly two-thirds, 67%, describe their financial situation as generally good, up slightly from 62...
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July 07, 2019 - 7:00 pm
NEW YORK (AP) — Martin Charnin, who made his Broadway debut playing a Jet in the original "West Side Story" and went on to become a Broadway director and a lyricist who won a Tony Award for the score of the eternal hit "Annie," has died. He was 84. He died Saturday at a White Plains, New York,...
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In this photo taken April 3, 2019, a pair of students walk past a historic mural that includes slaves and a dead Native American at George Washington High School in San Francisco. The San Fransisco school board unanimously voted Tuesday, June 25, 2019, to destroy a controversial mural displayed in a public high school. This is the latest move in recent times to remove New Deal-era art, now considered offensive. (Yalonda M. James/San Francisco Chronicle via AP)
July 04, 2019 - 5:23 pm
SAN FRANCISCO (AP) — San Francisco will spend up to $600,000 to paint over historical artwork at a public school depicting the life of George Washington, a mural once seen as educational and innovative but now criticized as racist and degrading for its depiction of black and Native American people...
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FILE - In this May 2, 2019, file photo Mark Carney the Governor of the Bank of England speaks during an Inflation Report Press Conference at the Bank of England in the City of London. The Bank of England is open to the idea of letting new payment services such as Facebook's upcoming Libra hold funds with the central bank, Carney said Thursday, June 20. (AP Photo/Matt Dunham, Pool, File)
July 03, 2019 - 7:36 am
LONDON (AP) — Britain's economy showed alarming signs of a sharp slowdown, possibly even into recession, as uncertainty over Brexit combines with a less benign global backdrop, according to a closely watched survey of business activity in the U.K. released Wednesday. The survey, from financial...
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