Recessions and depressions

A man walks by an electronic stock board of a securities firm in Tokyo, Tuesday, March 26, 2019. Asian stock prices rebounded Tuesday after global markets slid on worries about U.S. and European economic growth. (AP Photo/Koji Sasahara)
March 26, 2019 - 6:09 am
BEIJING (AP) — Global stock prices rebounded Tuesday a slide on worries about U.S. and European economic growth. In early trading, London's FTSE 100 rose 0.1 percent to 7,187.13 and France's CAC 40 added 0.1 percent to 5,268.04. Germany's DAX was unchanged at 11,335.24. In Asia, Tokyo's Nikkei 225...
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FILE- In this March 18, 2019, file photo trader John Santiago works on the floor of the New York Stock Exchange. U.S. stocks edged lower in early trading Monday, March 25, extending losses from a broad sell-off last week, as new economic data stoked investors' worries over slowing global growth. (AP Photo/Richard Drew, File)
March 25, 2019 - 3:19 pm
U.S. stocks were modestly lower in afternoon trading Monday, on track to extend losses from a broad sell-off last week driven by global growth worries. Investors were weighing new economic data pointing at slower global growth. Bond yields fell, adding to a sharp decline that contributed to a wave...
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March 25, 2019 - 12:06 am
WASHINGTON (AP) — The nation's business economists foresee a sharp slowdown in U.S. economic growth over the next two years, in sharp contrast to the Trump administration's predictions that growth will accelerate this year and next. That finding comes from the latest survey by the National...
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FILE- In this July 5, 2018, file photo a worker sews the Afloat water bed at the factory in Corona, Calif. On Friday, March 15, 2019, the Federal Reserve reports on U.S. industrial production for February. (AP Photo/Chris Carlson, File)
March 15, 2019 - 10:41 am
WASHINGTON (AP) — U.S. industrial production rose a slight 0.1 percent in February, as an increase in utilities and mining offset the second straight monthly drop in manufacturing. The Federal Reserve said Friday that the manufacturing component of the index fell 0.4 percent last month, after...
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March 10, 2019 - 8:52 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says political attacks by President Donald Trump played no role in the Fed's decision in January to signal that it planned to take a pause in hiking interest rates. He also said in an interview broadcast Sunday that he can't be fired by the...
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Dark clouds hang over the city with its bank buildings in Frankfurt, Germany, on a windy Thursday morning, March 7, 2019. (AP Photo/Michael Probst)
March 07, 2019 - 12:12 pm
FRANKFURT, Germany (AP) — The European Central Bank took unexpectedly quick action on Thursday to support a slowing economy, joining the U.S Federal Reserve and Chinese leadership in their attempts to counter worries about global growth. The central bank for the 19 countries that use the euro...
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FILE- In this Jan. 4, 2019, file work continues on a plan of new homes in Franklin Park, Pa. On Thursday, March 7, the Labor Department issues revised data on productivity in the fourth quarter. (AP Photo/Keith Srakocic, File)
March 07, 2019 - 8:54 am
WASHINGTON (AP) — U.S. productivity grew at a rate of 1.9 percent in the fourth quarter, a slight improvement over the third quarter. Labor costs rose 2 percent, the strongest gain since the beginning of 2018. The Labor Department reported Thursday that the result from the October-December period...
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This photo provided by Janssen Global Services shows Spravato nasal spray. Spravato, a mind-altering medication related to the club drug Special K, won U.S. approval Tuesday, March 5, 2019, for patients with hard-to-treat depression, the first in a series of long-overlooked substances being reconsidered for severe forms of mental illness. (Janssen Global Services via AP)
March 06, 2019 - 3:07 am
WASHINGTON (AP) — A mind-altering medication related to the club drug Special K won U.S. approval Tuesday for patients with hard-to-treat depression, the first in a series of long-overlooked substances being reconsidered for severe forms of mental illness. The nasal spray from Johnson & Johnson...
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Steve Bray, a protestor who supports Britain remaining in the European Union and has been demonstrating across the street from the Houses of Parliament in London for more than 18 months, holds up a new placard he and other protestors made this morning, Tuesday, March 5, 2019. The U.K. government agreed Friday to pay 33 million pounds ($43 million) to settle a lawsuit that claimed it improperly awarded contracts to run extra ferry services in the event that Britain leaves the European Union without an agreement on future relations. (AP Photo/Matt Dunham)
March 05, 2019 - 11:36 am
BRUSSELS (AP) — The Latest on Brexit (all times local): 5:20 p.m. The head of Britain's central bank says recent "constructive developments" will help limit the scale of any recession that would occur if Britain leaves the European Union without a withdrawal deal. Bank of England Governor Mark...
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An orange sky is seen over the banking district of Frankfurt, Germany, on Tuesday, Feb. 26, 2019. (AP Photo/Michael Probst)
March 01, 2019 - 8:02 am
LONDON (AP) — Worries are growing that the 19-country eurozone economy is heading toward a recession that could start undoing hard-earned improvements in the labor market. In a survey of manufacturers that is closely monitored by the European Central Bank in its interest rate deliberations,...
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