Economic outlook

An attendant shows an automotive product to a driver in front of a display with new fuel prices at a gas station in Quito, Ecuador, Tuesday, Oct. 15, 2019. The recent strike that paralyzed the Andean nation for almost two weeks, has left a gaping hole in Ecuador’s economy, this after President Lenin Moreno called back his elimination of fuel subsidies which provoked the violent protests. (AP Photo/Dolores Ochoa)
October 15, 2019 - 5:13 pm
QUITO, Ecuador (AP) — Ecuadorian President Lenín Moreno has survived the toughest political crisis of his presidency by negotiating an end to indigenous anti-austerity protests. Now he faces an even tougher challenge. Ten years of populist rule and a drop in oil prices have left Ecuador with a $64...
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FILE - In this Aug. 6, 2019, file photo, a woman walks by a money exchange shop decorated with different countries currency banknotes at Central, a business district in Hong Kong. The IMF’s latest World Economic Outlook comes on the eve of meetings in Washington this week of the IMF and its sister lending organization, the World Bank. (AP Photo/Kin Cheung, File)
October 15, 2019 - 10:48 am
WASHINGTON (AP) — The International Monetary Fund is further downgrading its outlook for the world economy, predicting that growth this year will be the weakest since the 2008 financial crisis, primarily because of widening global conflicts. The IMF's latest World Economic Outlook released Tuesday...
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October 15, 2019 - 10:46 am
WASHINGTON (AP) — The International Monetary Fund said Tuesday it welcomes the decision by Ecuadorian President Lenín Moreno to cancel an austerity package following more than a week of protests. Gita Gopinath, IMF's chief economist, said the agency welcomes the attempt "to bring in all...
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FILE - In this Aug. 23, 2019, file photo pedestrians pass the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Oct. 3. (AP Photo/Frank Franklin II, File)
October 03, 2019 - 3:48 pm
Technology and health care companies helped U.S. stocks rebound broadly from an early sell-off Thursday, snapping the market’s steep two-day skid. The Dow Jones Industrial Average swung from a loss of more than 330 points to a gain of more than 120 after another disappointing economic report raised...
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In this Sept. 25, 2019, photo a realtor's sign sits outside a house for sale in Jackson, Miss. On Thursday, Oct. 3, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Rogelio V. Solis)
October 03, 2019 - 12:42 pm
WASHINGTON (AP) — U.S. long-term mortgage rates held steady this week, offering a potential boon to homebuyers amid an uncertain economic outlook. Mortgage rates have been running near historic lows, though average rates for the key 30-year loan showed volatile swings last month. Mortgage buyer...
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FILE - In this Nov. 9, 2019, file photo shoppers make their way through the toy isles at a Walmart Supercenter in Houston. The National Retail Federation, the nation’s largest retail trade group, announced on Thursday, Oct. 3, 2019, that it is forecasting that holiday sales will rise between 3.8% and 4.2% even as uncertainty looms over an escalating trade war with China. (AP Photo/David J. Phillip, File)
October 03, 2019 - 11:23 am
NEW YORK (AP) — The National Retail Federation, the nation’s largest retail trade group, forecasts that holiday sales will rise between 3.8% and 4.2% even as uncertainty looms over an escalating trade war with China. The holiday sales forecast, announced Thursday, marks an increase from the...
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FILE - This Aug. 23, 2019, file photo shows the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Oct. 2. (AP Photo/Frank Franklin II, File)
October 02, 2019 - 1:06 pm
NEW YORK (AP) — Stocks tumbled again on Wednesday as worries about a weakening global economy boomeranged around the world. The S&P 500 lost as much as 2.2% in afternoon trading and was on track for its first back-to-back loss of at least 1% since late last year, when fears about a possible...
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A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, Oct. 2, 2019. Asian shares are lower after U.S. stocks posted their worst loss in five weeks on Wednesday after a surprisingly limp report on the nation’s manufacturing that stirred worries about the economic outlook.(AP Photo/Eugene Hoshiko)
October 02, 2019 - 6:48 am
BANGKOK (AP) — Global stocks fell on Wednesday and Wall Street was expected to slide on the open after a discouraging report on U.S. manufacturing dampened the economic outlook. Tuesday's report showed that manufacturing weakened in September for the second straight month as U.S. President Donald...
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October 02, 2019 - 3:04 am
BERLIN (AP) — A group of leading think-tanks is joining the government and others in cutting its growth outlook for the German economy, predicting that output will expand by only 0.5% this year and 1.1% in 2020. The economic institutes' forecast Wednesday was down from their prediction in spring...
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FILE - In this Sept. 18, 2019, file photo Stock trader Gregory Rowe works at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Sept. 27. (AP Photo/Mark Lennihan, File)
September 27, 2019 - 3:47 pm
Wall Street capped a choppy week with a second straight weekly loss for the S&P 500 Friday as worries about a potential escalation in the trade war between the U.S. and China erased early gains. Technology companies led the broad slide as investors weighed a report saying the Trump...
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