Recessions and depressions

Trader Peter Tuchman works on the floor of the New York Stock Exchange, Friday, Aug. 16, 2019. Stocks are opening broadly higher at the end of a turbulent week. (AP Photo/Richard Drew)
August 17, 2019 - 8:22 am
You're not the only one confused about where the economy is headed. Just look at the stock market, where perplexed investors have been sending stocks on a wild ride in August. And there could be plenty more where that came from. Two notoriously volatile months for stocks lie just ahead. Stocks...
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President Donald Trump reacts at the end of his speech at a campaign rally, Thursday, Aug. 15, 2019, in Manchester, N.H. (AP Photo/Patrick Semansky)
August 16, 2019 - 3:20 pm
WASHINGTON (AP) — President Donald Trump is warning of an economic crash if he loses reelection, arguing that even voters who personally dislike him should base their ballots on the nation's strong growth and low unemployment rate. But privately, Trump is growing increasingly worried the economy...
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A man stands as a car goes by an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Aug. 16, 2019. Asian shares were mixed Friday as turbulence continued on global markets amid ongoing worries about U.S.-China trade conflict. (AP Photo/Eugene Hoshiko)
August 15, 2019 - 11:42 pm
TOKYO (AP) — Asian shares were mixed Friday as turbulence continued on global markets amid ongoing worries about the U.S.-China trade conflict. Japan's benchmark Nikkei 225 recouped early losses to gain 0.1% and finish at 20,418.81. Australia's S&P/ASX 200 was little changed, inching down less...
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Supporters cheer as President Donald Trump arrives to a campaign rally, Thursday, Aug. 15, 2019, in Manchester, N.H. (AP Photo/Elise Amendola)
August 15, 2019 - 5:13 pm
MANCHESTER, N.H. (AP) — The Latest on President Donald Trump's campaign rally in New Hampshire (all times local): 8:05 p.m. President Donald Trump is telling supporters that even if they don't like him, they have to vote for him because their retirements depend on it. Speaking at a rally for his...
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File - In this Tuesday, March 5, 2019, file photo, an employee in protective clothing works with a steel pouring ladle during a guided media tour at the steel producer Salzgitter AG in Salzgitter. The German economy shrank by 0.1 percent in the second quarter from the previous quarter as global trade conflicts and troubles in the auto industry weighed on Europe's largest economy. (AP Photo/Markus Schreiber)
August 15, 2019 - 5:06 pm
WASHINGTON (AP) — How fragile is the global economy? The U.S.-China trade war is weakening businesses in both countries, Germany's economy shrank in the second quarter, and Britain appears headed for a disruptive exit from the European Union this fall. Those trends have hammered American...
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FILE - In this June 29. 2019, file photo, President Donald Trump, left, meets with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, Japan. Trump is prioritizing China trade negotiations over defending the Hong Kong protesters. This contrasts with the stance normally taken by his White House predecessors, who would use such a flashpoint as a moment to espouse an American commitment to democratic values.(AP Photo/Susan Walsh, File)
August 15, 2019 - 12:34 pm
WASHINGTON (AP) — Rather than speak up strongly for the Hong Kong protesters, President Donald Trump on Thursday suggested the answer to their complaints of Chinese oppression is simply for Beijing's "great leader," Xi Jinping, to meet with them and peacefully sort out the unrest that has been...
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FILE - In this July 28, 2019, file photo unsold 2019 Lincoln Navigators sit at a dealership in Englewood, Colo. On Thursday, Aug. 15, the Commerce Department releases U.S. retail sales data for July. (AP Photo/David Zalubowski, File)
August 15, 2019 - 7:41 am
WASHINGTON (AP) — Americans spent more at retail stores and restaurants in July, a sign that concerns over weakening economic growth and a persistent trade war that have roiled financial markets have yet to dampen consumer confidence. Retail sales rose a healthy 0.7% last month after a 0.3% gain in...
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FILE - In this Aug. 13, 2019, file photo specialists James Denaro, left, and Anthony Rinaldi work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Aug. 15. (AP Photo/Richard Drew, File)
August 15, 2019 - 7:34 am
NEW YORK (AP) — U.S. stocks steadied themselves Thursday amid hopes that the heart of the economy — shoppers spending at stores and online — can stay strong and help avert a recession. Caution continued to dominate markets around the world, though, on worries that economies are already sliding down...
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FILE - In this June 24, 2019, file photo Ford's employees work on a Lincoln Aviator line at Ford's Chicago Assembly Plant in Chicago's Hegewisch neighborhood. On Thursday, Aug. 15, the Federal Reserve reports on U.S. industrial production for July. (AP Photo/Amr Alfiky, File)
August 15, 2019 - 6:28 am
WASHINGTON (AP) — U.S. industrial production fell 0.2% in July, as factory activity slumped in a worrisome sign for the economy. The Federal Reserve said Thursday that the overall decline was caused primarily by a 0.4% drop last month in manufacturing production. Output decreased for autos,...
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People are reflected in a window as they walk past the Australian Stock Exchange in Sydney, Thursday, Aug. 15, 2019. Asian stock markets followed Wall Street lower on Thursday after the Dow Jones Industrial Average plunged on mounting fears of a possible recession. (AP Photo/Rick Rycroft)
August 15, 2019 - 1:35 am
BEIJING (AP) — Global stock markets were mostly lower Thursday after Wall Street fell on mounting fears of a possible recession. Benchmarks in London, Tokyo and Sydney declined while Shanghai closed higher after spending most of the day in negative territory. Frankfurt was unchanged. U.S. investors...
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