Economy

Picture of There’s history behind worsening Seoul-Tokyo trade dispute

There’s history behind worsening Seoul-Tokyo trade dispute

In this Aug. 13, 2019 photo, a man walks past an advertisement featuring Japanese and South Korean flags at a shop in Shin Okubo area, in Tokyo. South Korea and Japan have locked themselves in a highly-public dispute over history and trade that in a span of weeks saw their relations sink to a low unseen in decades. This area is known for Korean restaurants and stores selling K-pop merchandise.

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Picture of Economists survey: 34% expect a US recession in 2021

Economists survey: 34% expect a US recession in 2021

President Donald Trump speaks with reporters before boarding Air Force One at Morristown Municipal Airport in Morristown, N.J., Sunday, Aug. 18, 2019.

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Picture of Asian shares rise as investors watch trade war, economies

Asian shares rise as investors watch trade war, economies

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Aug. 19, 2019. Asian shares were higher Monday, as investors continue to rejigger their read on President Donald Trump's trade war and growing worries about slowing economies around the world.

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Picture of Trade war’s losers could include microchips, energy, banks

Trade war’s losers could include microchips, energy, banks

FILE - In this Aug. 12, 2019, photo specialist Peter Mazza works at his post on the floor of the New York Stock Exchange. Stocks of companies that do lots of business with China are obvious targets to sell when trade worries rise, and they’ve lagged sharply behind the rest of the market whenever President Donald Trump sends out a tariff tweet. But investors are also looking way beyond these first-order effects, as they pick out which stocks look most vulnerable to the trade war.

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Picture of US stocks end turbulent week with broad gains

US stocks end turbulent week with broad gains

Traders John Romolo, left, and George Ettinger work 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.

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Picture of US stocks steady after plunge, but caution still reigns

US stocks steady after plunge, but caution still reigns

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.

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Picture of US recession fears stalk markets as stocks fall again

US recession fears stalk markets as stocks fall again

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.

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Picture of Asian stocks lower after US indexes tumble on recession fear

Asian stocks lower after US indexes tumble on recession fear

Specialist Mario Picone works on the floor of the New York Stock Exchange, Wednesday, Aug. 14, 2019. The Dow Jones Industrial Average sank 800 points after the bond market flashed a warning sign about a possible recession for the first time since 2007.

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Picture of Treasury yields invert, warning of possible recession

Treasury yields invert, warning of possible recession

FILE - In this July 30, 2019 file photo, trader Gregory Rowe works on the floor of the New York Stock Exchange. An economic alarm bell is sounding in the U.S. and sending warnings of a potential recession. Yields on 2-year and 10-year Treasury notes inverted early Wednesday, Aug. 14, a market phenomenon that shows investors want more in return for short-term government bonds than they are for long-term bonds.

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Picture of German recession fears weigh on stocks after relief rally

German recession fears weigh on stocks after relief rally

In this Aug. 9, 2019, photo, a man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo. Asian shares were mostly higher Wednesday, Aug. 14, 2019 after the U.S. said it would hold off on tariffs of Chinese imports of mobile phones, toys and several other items typically on holiday shopping lists.

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