Economic Outlook

This July 25, 2018, photo shows a help wanted sign at a new Zaxby's restaurant in Madison, Miss. On Friday, Sept. 7, the Labor Department reports on job openings and labor turnover for August. (AP Photo/Rogelio V. Solis)
September 07, 2018 - 11:30 am
WASHINGTON (AP) — The pace of hiring in the United States quickened in August, and wages grew at their fastest pace in nine years — evidence that employers remain confident despite the Trump administration's ongoing conflicts with its trading partners. The economy added a strong 201,000 jobs, and...
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FILE- In this Wednesday, June 20, 2018, file photo, Jason Joshua waits on customers at Zak the Baker in Miami. Americans who quit to take new jobs are enjoying pay raises that are one-third larger than raises for workers who stay put, a gap that has reached the widest point since the Great Recession. At the same time, retail and restaurant workers are receiving more generous raises than manufacturing workers are. (AP Photo/Lynne Sladky, File)
September 07, 2018 - 5:36 am
WASHINGTON (AP) — U.S. employers likely hired at a healthy pace in August, emboldened by brisk consumer spending and an economy that keeps growing steadily. Economists have forecast that employers added 189,000 jobs in August and that the unemployment rate dipped from an already-low 3.9 percent to...
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August 29, 2018 - 7:37 am
WASHINGTON (AP) — The U.S. economy grew at a strong 4.2 percent annual rate in the second quarter, the best showing in nearly four years, as growth stayed on track to produce the strongest gain in more than a decade. Strength in business investment offset slightly slower consumer spending. The...
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August 27, 2018 - 3:31 am
FRANKFURT, Germany (AP) — A leading economic institute says its index of German business optimism rose in August thanks to an easing of trade tensions between the European Union and U.S. President Donald Trump. The index compiled by the Munich-based Ifo institute rose to 103.8 points from 101.7 in...
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FILE - In this Tuesday, July 31, 2018 file photo, French Prime Minister Edouard Philippe delivers his speech during a no confidence session at the National Assembly in Paris. France's prime minister says the government has lowered its economic growth forecast for next year and unveiled plans to cut public spending. In an interview Sunday, Aug. 26 with Le Journal du Dimanche, Prime Minister Edouard Philippe said the government will base its 2019 budget on an estimated growth of 1.7 percent, down from 1.9 percent. (AP Photo/Michel Euler, file)
August 26, 2018 - 8:27 am
PARIS (AP) — The French government has lowered its economic growth forecast for next year to 1.7 percent and unveiled plans to cut public spending in an effort to stay in line with European Union budget commitments. In an interview Sunday with Le Journal du Dimanche, Prime Minister Edouard Philippe...
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Esther George, left, President and CEO of the Federal Reserve Bank of Kansas City, John Williams, center, President and CEO of the Federal Reserve Bank of New York, and Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System walk together after Powell's speech at the Jackson Hole Economic Policy Symposium on Friday, Aug. 24, 2018 in Jackson Hole, Wyo. Federal Reserve Chairman Jerome Powell signaled Friday that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong. (AP Photo/Jonathan Crosby)
August 24, 2018 - 3:19 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell signaled Friday that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong. Powell added that while annual inflation has risen to near the Fed's 2 percent target rate, it doesn't seem...
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An investor walks in front of trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Tuesday, Aug. 14, 2018. Most Asian stock markets rose Tuesday after Wall Street declined as Turkey’s central bank struggled to contain a currency crisis that is feeding fears about other emerging markets. (AP Photo/Yam G-Jun)
August 14, 2018 - 7:16 am
BEIJING (AP) — Most global stock markets steadied Tuesday as worries subsided over Turkey's currency crisis and its potential impact on other countries. KEEPING SCORE: Germany's DAX rose 0.2 percent to 12,376 and France's CAC 40 was up less than 0.1 percent to 5,414 after economic growth figures...
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Indonesian men carry the body of a victim of last week's earthquake past a damaged building during a funeral in Gangga, Lombok Island, Indonesia, Sunday, Aug. 12, 2018. Hundreds of people were killed while nearly 400,000 people are left homeless or displaced after the powerful earthquake rocked the popular tourist island on Aug. 5. (AP Photo/Fauzy Chaniago)
August 13, 2018 - 2:06 am
JAKARTA, Indonesia (AP) — The death toll from the earthquake that rocked the Indonesian island of Lombok a week ago has passed 430 and the government is estimating economic losses will exceed several hundred million dollars. The national disaster agency said Monday the Aug. 5 quake killed 436...
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Trader Michael Capolino, left, works on the floor of the New York Stock Exchange, Monday, July 30, 2018. Stocks are off to a mixed start on Wall Street as gains in banks and energy companies are offset by losses in other sectors. (AP Photo/Richard Drew)
July 30, 2018 - 1:52 pm
NEW YORK (AP) — Technology stocks are falling again Monday as recent Wall Street favorites like Twitter, Alphabet and Facebook extend their losses from last week. It's a sharp turnaround for a group that has long been the stock market's undisputed leader. Energy companies are climbing with oil...
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Treasury Secretary Steve Mnuchin, left, and Director of the Office of Management and Budget Mick Mulvaney listen as President Donald Trump delivers remarks about the economy on the South Lawn of the White House, Friday, July 27, 2018, in Washington. (AP Photo/Evan Vucci)
July 29, 2018 - 11:26 pm
WASHINGTON (AP) — The president's top economic advisers are forecasting an economy that will continue to grow, an assessment few outside economists agree with. Treasury Secretary Steven Mnuchin predicts the economy will enjoy at least four or five years of sustained 3 percent growth. White House...
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