Recessions and depressions

Turkey's President Recep Tayyip Erdogan attends the VII Summit of The Cooperation Council of Turkic Speaking States, in Baku, Azerbaijan, Tuesday. Oct. 15, 2019. (Presidential Press Service via AP, Pool)
October 15, 2019 - 2:30 pm
FRANKFURT, Germany (AP) — The sanctions the U.S. announced against Turkey this week over its offensive in Syria fall well short of doing serious damage to an economy still healing from a recession and currency collapse. President Donald Trump could take far tougher action that would deter foreign...
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Passengers walk by merchandise on display at the Shanghai Disney flagship store at Hongqiao Railway Station in Shanghai, China, Monday, Oct. 14, 2019. China's trade with the United States fell by double digits again in September amid a tariff war that threatens to tip the global economy into recession. (AP Photo/Andy Wong)
October 14, 2019 - 6:32 am
BEIJING (AP) — China's trade with the United States fell by double digits again in September amid a tariff war that threatens to tip the global economy into recession. Exports to the United States, China's biggest foreign market, fell 21.9% to $36.5 billion, a deterioration from August's 16%...
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FILE - In this Oct. 4, 2019, file photo Federal Reserve Chairman Jerome Powell attends a panel at the Federal Reserve Board Building in Washington. On Wednesday, Oct. 9, the Federal Reserve releases minutes from its September meeting when it cut interest rates for a second time this year. (AP Photo/Jacquelyn Martin, File)
October 09, 2019 - 4:27 pm
WASHINGTON (AP) — Federal Reserve officials were sharply divided last month when they decided to cut their key policy rate for a second time this year, a split that indicates the path forward for future rate cuts remains cloudy. Minutes of the discussion at the September meeting released Wednesday...
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FILE - In this Aug. 15, 2019, file photo a "Now hiring" sign is displayed on the front door of a Staples store in Manchester, N.H. On Wednesday, Oct. 9, the Labor Department reports on job openings and labor turnover for August. (AP Photo/Charles Krupa, File)
October 09, 2019 - 11:21 am
WASHINGTON (AP) — U.S. job openings fell 1.7% in August and hires edged down, bolstering views that the labor market may lose momentum as economic uncertainty and a manufacturing recession squeeze employers. The Labor Department says employers advertised 7.1 million available jobs in August, down...
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FILE - In this May 23, 2019, file photo, customers shop near a section selling Marvel Avengers toys by American toymaker Hasbro at a toy store in Beijing. The nation's business economists think President Donald Trump's trade war with China will contribute to a sharp slowdown in economic growth this year and next, raising concerns about a possible recession starting late next year. (AP Photo/Andy Wong, File)
AP News
October 07, 2019 - 3:37 am
WASHINGTON (AP) — The nation's business economists think President Donald Trump's trade war with China will contribute to a sharp slowdown in economic growth this year and next, raising concerns about a possible recession starting late next year. The latest survey by a panel of 51 forecasters with...
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In this Sept. 17, 2019, photo job seekers line up to speak to recruiters during an Amazon job fair in Dallas. On Friday, Oct. 4, the U.S. government issues the September jobs report. (AP Photo/LM Otero)
October 04, 2019 - 3:11 pm
WASHINGTON (AP) — The U.S. unemployment rate fell to 3.5% in September, the lowest level in nearly five decades, even though employers appeared to turn more cautious and slowed their hiring. The economy added a modest 136,000 jobs, enough to likely ease worries that an economy weakened by the U.S.-...
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FILE - In this Oct. 14, 2009 file photo an employee of MAN Turbo company works on compressors and turbines at the factory in Oberhausen, western Germany. A German machine engeneering association says that orders for German machinery, an important export, plummeted in August adding to signs of a recession in Europe’s biggest economy. (AP Photo/Martin Meissner, file)
October 04, 2019 - 5:26 am
BERLIN (AP) — An industry association says orders for German machinery, an important export, plummeted in August, adding to signs of a recession in Europe’s biggest economy. The VDMA group said Friday that orders were down 17% compared with a year earlier, with demand from abroad dropping 19% and...
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Italian ham is put on display in a deli in Rome, Thursday, Oct. 3, 2019. The U.S. had prepared for Wednesday's ruling and already drawn up lists of the dozens of goods it would put tariffs on. They include EU cheeses, olives, and whiskey, as well as planes, helicopters and aircraft parts in the case _ though the decision is likely to require fine-tuning of that list if the Trump administration agrees to go for the tariffs. (AP Photo/Alessandra Tarantino)
October 03, 2019 - 2:24 pm
BRUSSELS (AP) — The trade wars threatening to push the global economy into recession are entering a new phase, with the United States and European Union escalating a dispute that endangers the world’s biggest trade relationship. After the Trump administration slapped steep tariffs on $7.5 billion...
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In this Wednesday, Oct. 2, 2019, photo, an electrician works at a car wash in North Andover, Mass. On Thursday, Oct. 3, the Institute for Supply Management, a trade group of purchasing managers, issues its index of non-manufacturing activity for September. (AP Photo/Elise Amendola)
October 03, 2019 - 12:29 pm
WASHINGTON (AP) — Growth in the U.S. economy’s vast services sector slowed sharply in September to its lowest point in three years, suggesting that the Trump administration’s trade conflicts and rising uncertainty are weakening the bulk of the economy. The Institute for Supply Management, an...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, Oct. 3, 2019. Asian stocks fell for a fourth day Thursday as weaker U.S. manufacturing and hiring data fueled jitters about the global economy. (AP Photo/Eugene Hoshiko)
October 03, 2019 - 8:29 am
BEIJING (AP) — World shares were mixed Thursday as lackluster economic data and ongoing battles over trade continue to feed worries about the global economy. London and Tokyo retreated while Paris opened higher and Hong Kong advanced. German and Chinese markets were closed for holidays. Investors...
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