Recessions and depressions

FILE - In this Nov. 22, 1990 file photo, President George H.W. Bush is greeted by Saudi troops and others as he arrives in Dhahran, Saudi Arabia, for a Thanksgiving visit. Bush died at the age of 94 on Friday, Nov. 30, 2018, about eight months after the death of his wife, Barbara Bush. (AP Photo/J. Scott Applewhite, File)
December 01, 2018 - 12:41 pm
HOUSTON (AP) — He was the man who sought a "kinder, and gentler nation," and the one who sternly invited Americans to read his lips — he would not raise taxes. He was the popular leader of a mighty coalition that dislodged Iraq from Kuwait, and was turned out of the presidency after a single term...
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FILE - In this May 11, 2008 file photo, former President George H.W. Bush arrives on the South Lawn of White House in Washington. Bush died at the age of 94 on Friday, Nov. 30, 2018, about eight months after the death of his wife, Barbara Bush. (AP Photo/Lawrence Jackson, File)
December 01, 2018 - 7:32 am
HOUSTON (AP) — George H.W. Bush, a World War II hero whose presidency soared with the coalition victory over Iraq in Kuwait, but then plummeted in the throes of a weak economy that led voters to turn him out of office after a single term, has died. He was 94. Bush, who also presided during the...
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FILE - In this June 12, 2012 file photo, former President George H.W. Bush, and his wife, former first lady Barbara Bush, arrive for the premiere of HBO's new documentary on his life near the family compound in Kennebunkport, Maine. Bush has died at age 94. Family spokesman Jim McGrath says Bush died shortly after 10 p.m. Friday, Nov. 30, 2018, about eight months after the death of his wife, Barbara Bush. (AP Photo/Charles Krupa, File)
December 01, 2018 - 4:02 am
WASHINGTON (AP) — George Bush was a man with a matchless resume — combat pilot, diplomat, vice president, then president of the United States — but great communicator was not on the list. That was Ronald Reagan. "Fluency in English is not something I'm often accused of," he once said, demonstrating...
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Prime Minister Theresa May gives evidence before the Liaison Committee on matters relating to Brexit at Portcullis House in London, Thursday, Nov. 29, 2018. The governor of the Bank of England Mark Carney says most British businesses aren't ready for a no-deal departure from the European Union as lawmakers from all parties are criticising the agreement Prime Minister May negotiated with the EU, increasing the likelihood of a no-deal Brexit. (PA via AP)
November 29, 2018 - 2:41 am
LONDON (AP) — British Prime Minister Theresa May refused Thursday to rule out Britain leaving the European Union without a deal, after the Bank of England warned that such a scenario could plunge the country into its deepest recession in decades. Parliament is due to vote Dec. 11 on the divorce...
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Federal Reserve Board Chairman Jerome Powell speaks at the Economic Club of New York, Wednesday, Nov. 28, 2018, in New York. (AP Photo/Mark Lennihan)
November 28, 2018 - 11:13 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell cast a bright picture of the U.S. economy Wednesday and appeared to suggest that the Fed might consider a pause in its interest rate hikes next year to assess the impact of its credit tightening. Powell's comments ignited a rally on Wall...
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FILE - In this Tuesday, Oct. 2, 2018, file photo, Federal Reserve Chairman Jerome Powell speaks at the annual meeting of the National Association for Business Economics, in Boston. Speaking Wednesday, Nov. 14, 2018, to an audience at the Federal Reserve Bank of Dallas, Powell said the U.S. economy is performing well but he's eyeing potential risks ahead. (AP Photo/Elise Amendola, File)
November 14, 2018 - 5:26 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Wednesday that the U.S. economy is performing well but he's eyeing potential risks ahead. Those include a slowdown in global growth, the fading impact from tax cuts and the cumulative weight of the Fed's own interest rate hikes. Speaking...
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A supporter of Jair Bolsonaro salutes during a celebration in front of his residence after he was declared the winner of the election runoff, in Rio de Janeiro, Brazil, Sunday, Oct. 28, 2018 . Bolsonaro, a brash far-right congressman who has waxed nostalgic for Brazil's old military dictatorship, won the presidency of Latin America's largest nation Sunday as voters looked past warnings that the former army captain would erode democracy and embraced a chance for radical change after years of turmoil. (AP Photo/Leo Correa)
October 28, 2018 - 9:11 pm
SAO PAULO (AP) — In some of his first words to the nation as president-elect, far-right politician Jair Bolsonaro promised to defend the constitution and unite a bitterly divided populace. His left-wing rival immediately vowed to mount a vigorous opposition, while rights groups warned against a...
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Supporters of Jair Bolsonaro celebrate in front of his residence in Rio de Janeiro, Brazil, Sunday, Oct. 28, 2018. The far-right congressman took a commanding lead in the race for Brazil's presidency, as voters apparently looked past warnings that the brash former army captain would erode democracy and embraced a chance for radical change after years of turmoil. (AP Photo/Leo Correa)
October 28, 2018 - 7:23 pm
SAO PAULO (AP) — Jair Bolsonaro, a brash far-right congressman who has waxed nostalgic for Brazil's old military dictatorship, won the presidency of Latin America's largest nation Sunday as voters looked past warnings that he would erode democracy and embraced a chance for radical change after...
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President Donald Trump speaks to the members of the media before leaving the White House in Washington, Friday, Oct. 26, 2018, to attend a campaign rally in Charlotte, N.C. (AP Photo/Manuel Balce Ceneta)
October 26, 2018 - 7:06 pm
WASHINGTON (AP) — The Latest on pipe bombs sent to prominent critics of President Donald Trump (all times local): 10 p.m. Federal authorities have captured a Florida man with a criminal history and a fervor for President Donald Trump and accused him of sending at least 13 mail bombs to prominent...
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October 08, 2018 - 5:43 am
ALBUQUERQUE, N.M. (AP) — A set of Depression-era murals at New Mexico's largest university are being targeted by some faculty and students for their depictions of Hispanic and Native Americans. KRQE-TV in Albuquerque reports some students want the "West Wing Murals" at the University of New Mexico'...
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