Recessions and depressions

Trader Michael Milano works on the floor of the New York Stock Exchange, Friday, Jan. 4, 2019. Stocks are jumping at the open on Wall Street Friday as investors welcome news of trade talks between the U.S. and China and a big gain in jobs in the U.S. (AP Photo/Richard Drew)
January 04, 2019 - 5:44 pm
NEW YORK (AP) — Global stocks soared Friday and reversed the big losses they suffered just a day earlier. The Dow Jones Industrial Average rallied 746 points in the latest twist in a wild three months for markets. Hopes for progress in the U.S.-China trade dispute, a strong report on the U.S. jobs...
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December 26, 2018 - 6:41 am
WASHINGTON (AP) — U.S. home price growth slowed in October, a likely consequence of higher mortgage rates having worsened affordability and causing sales to fall. The S&P CoreLogic Case-Shiller 20-city home price index rose 5 percent from a year earlier, down from an annual gain of 5.2 percent...
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FILE- In this Jan. 30, 2018, file photo, a container ship waits to be unloaded at the Port of Oakland in Oakland, Calif. The U.S. economy expanded at a solid 3.4 percent annual rate in the third quarter, slightly slower than the previous estimate as consumer spending and exports were revised lower. The economy is expected to slow further in the current quarter. The Commerce Department said Friday, Dec. 21, 2018, that growth in the gross domestic product, the economy’s total output of goods and services, was revised down from an earlier estimate of 3.5 percent. (AP Photo/Ben Margot, File)
December 21, 2018 - 2:28 pm
WASHINGTON (AP) — The U.S. economy has turned in a stellar performance this year. But mounting problems, from trade tensions to jittery financial markets and political gridlock in Washington, are expected to sharply slow growth in 2019. The Commerce Department estimated Friday that the economy, as...
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This photo shows the exterior of the New York Stock Exchange on Thursday evening, Dec. 20, 2018. Stocks went into another slide Thursday in what is shaping up as the worst December on Wall Street since the depths of the Great Depression, with prices dragged down by rising fears of a recession somewhere on the horizon. The Dow Jones Industrial Average dropped 464 points, bringing its losses to more than 1,700 since last Friday. (AP Photo/Patrick Sison)
December 20, 2018 - 7:14 pm
BEIJING (AP) — Asian stocks fell further Friday after Wall Street slid on recession fears, putting markets in Shanghai, Tokyo and Sydney on track to end 2018 down more than 10 percent. Tokyo's Nikkei 225 index fell 1.9 percent to 20,015.67 points. The Shanghai Composite Index shed 0.9 percent to 2,...
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FILE - In this Dec. 11, 2018, file photo, the New York Stock Exchange is bathed in holiday light, in New York. U.S. stocks are slightly lower Thursday morning, Dec. 20, a day after another big plunge rocked markets around the world. Asian and European indexes suffered bigger losses. Stocks have tumbled as investors grow increasingly worried the U.S. could slip into a recession in the next few years. (AP Photo/Mark Lennihan, File)
December 20, 2018 - 1:09 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Another miserable day on Wall Street knocked 464 points off the Dow Jones Industrial average, bringing its losses since Friday to more than 1,700 points. The index is now down more than 10 percent for December...
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Federal Reserve Chairman Jerome Powell speak at a news conference in Washington, Wednesday, Dec. 19, 2018. The Federal Reserve is raising its key interest rate for the fourth time this year to reflect the U.S. economy's continued strength but signaling that it expects to slow hikes next year. (AP Photo/Susan Walsh)
December 19, 2018 - 12:42 pm
NEW YORK (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 3:35 p.m. Federal Reserve Chairman Jerome Powell says that future interest rate decisions will likely depend more on newly released economic data than in the recent past. This would allow the Fed greater...
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FILE - This August 2010 file photo shows a sign for Moody's Corp. in New York. Concerns are building from Washington to Wall Street about the trillions of dollars in debt that U.S. businesses have racked up, particularly by companies with relatively weak finances. (AP Photo/Mark Lennihan, File)
December 14, 2018 - 9:36 am
NEW YORK (AP) — Homeowners appear to have learned the lesson of the Great Recession about not taking on too much debt. There is some concern that Corporate America didn't get the message. For much of the past decade, companies have borrowed at super-low interest rates and used the money to buy back...
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Russian President Vladimir Putin, right, shakes hands with his Venezuelan counterpart Nicolas Maduro during their meeting at the Novo-Ogaryovo residence outside in Moscow, Russia, Wednesday, Dec. 5, 2018. (Maxim Shemetov/Pool Photo via AP)
December 05, 2018 - 9:41 am
MOSCOW (AP) — Russian President Vladimir Putin offered firm support Wednesday for Venezuelan leader Nicolas Maduro, who is visiting Moscow to shore up political and economic assistance even as his country has been struggling to pay billions of dollars owed to Russia. Maduro has become increasingly...
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FILE- In this Nov. 28, 2018, file photo specialist Michael Pistillo watches the screens at his post on the floor of the New York Stock Exchange. One of the most reliable warning signals for recession just got a bit brighter. It lies in the bond market, and when it’s turned on at full-brightness, it has preceded every one of the U.S. economy’s recessions for more than half a century. (AP Photo/Richard Drew, File)
December 04, 2018 - 3:50 pm
NEW YORK (AP) — One of the most reliable warning signals for a recession just got a bit brighter. The signal is called the "yield curve," and it shows how the bond market is feeling about the U.S. economy's long-term prospects. On Tuesday the yield curve signaled caution and, along with worries...
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December 02, 2018 - 9:14 pm
WASHINGTON (AP) — A group of business economists foresee U.S. economic growth remaining solid next year, with unemployment falling further and only a slight chance of a recession. But they express concern about potential risks, notably from trade conflicts. In its latest forecast being released...
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