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FILE- In this Nov. 28, 2018, file photo specialist Michael Pistillo watches the screens at his post on the floor of the New York Stock Exchange. One of the most reliable warning signals for recession just got a bit brighter. It lies in the bond market, and when it’s turned on at full-brightness, it has preceded every one of the U.S. economy’s recessions for more than half a century. (AP Photo/Richard Drew, File),FILE- In this Nov. 28, 2018, file photo specialist Michael Pistillo watches the screens at his post on the floor of the New York Stock Exchange. One of the most reliable warning signals for recession just got a bit brighter. It lies in the bond market, and when it’s turned on at full-brightness, it has preceded every one of the U.S. economy’s recessions for more than half a century. (AP Photo/Richard Drew, File)

Investors hear 3 words they fear: inverted yield curve

FILE- In this Dec. 14, 2017, file photo, boxes for sorted mail are stacked at the main post office in Omaha, Neb. A task force created by President Donald Trump to evaluate ways to stem billions of dollars in losses at the U.S. Postal Service is suggesting a range of options, including proposals that could significantly boost the cost of sending non-essential mail. The report recommended that the Postal Service develop a new pricing model that would remove current price caps and charge market-based prices for both mail and packages that were not deemed to be “essential postal services.”. (AP Photo/Nati Harnik, File),FILE- In this Dec. 14, 2017, file photo, boxes for sorted mail are stacked at the main post office in Omaha, Neb. A task force created by President Donald Trump to evaluate ways to stem billions of dollars in losses at the U.S. Postal Service is suggesting a range of options, including proposals that could significantly boost the cost of sending non-essential mail. The report recommended that the Postal Service develop a new pricing model that would remove current price caps and charge market-based prices for both mail and packages that were not deemed to be “essential postal services.”. (AP Photo/Nati Harnik, File)

Trump task force recommends ways to boost Postal Service

FILE - This Dec. 21, 2016 file photo shows the Trump International Hotel at 1100 Pennsylvania Avenue NW, in Washington. The attorneys general of the District of Columbia and Maryland plan to file subpoenas seeking records from the Trump Organization, the IRS and other entities in their lawsuit accusing Donald Trump of profiting off the presidency. (AP Photo/Alex Brandon, File),FILE - This Dec. 21, 2016 file photo shows the Trump International Hotel at 1100 Pennsylvania Avenue NW, in Washington. The attorneys general of the District of Columbia and Maryland plan to file subpoenas seeking records from the Trump Organization, the IRS and other entities in their lawsuit accusing Donald Trump of profiting off the presidency. (AP Photo/Alex Brandon, File)

2 attorneys general to subpoena Trump Organization, Treasury

U.S. Rep. Collin Peterson of Minnesota, the top Democrat on the House Agriculture Committee, is shown ahead of a news conference about the farm bill on Tuesday, Dec. 4, at the South St. Paul Municipal Airport in South St. Paul, Minn. (AP Photo/Steve Karnowski),U.S. Rep. Collin Peterson of Minnesota, the top Democrat on the House Agriculture Committee, is shown ahead of a news conference about the farm bill on Tuesday, Dec. 4, at the South St. Paul Municipal Airport in South St. Paul, Minn. (AP Photo/Steve Karnowski)

Key congressman optimistic about passing farm bill soon

FILE- In this Oct. 6, 2015, file photo, Superintendent Jackie Ratliff, a coal miner, holds coal running through a processing plant in Welch, W.Va. A federal report says Americans are using less coal this year than at any time since Jimmy Carter's presidency _ despite the Trump administration's efforts to revive the country's coal industry. Energy Secretary Rick Perry on Tuesday urged development of Appalachian coal country’s natural gas and petrochemical sectors. (AP Photo/David Goldman, File),FILE- In this Oct. 6, 2015, file photo, Superintendent Jackie Ratliff, a coal miner, holds coal running through a processing plant in Welch, W.Va. A federal report says Americans are using less coal this year than at any time since Jimmy Carter's presidency _ despite the Trump administration's efforts to revive the country's coal industry. Energy Secretary Rick Perry on Tuesday urged development of Appalachian coal country’s natural gas and petrochemical sectors. (AP Photo/David Goldman, File)

US coal consumption drops to lowest level since 1979

FILE - This April 4, 2009, file photo, shows a gas production facility at Ras Laffan, Qatar. The tiny, energy-rich Arab nation of Qatar announced on Monday, Dec. 3, 2018 it would withdraw from OPEC, mixing its aspirations to increase production outside of the cartel's constraints with the politics of slighting the Saudi-dominated group amid the kingdom's boycott of Doha. (AP Photos/Maneesh Bakshi, File),FILE - This April 4, 2009, file photo, shows a gas production facility at Ras Laffan, Qatar. The tiny, energy-rich Arab nation of Qatar announced on Monday, Dec. 3, 2018 it would withdraw from OPEC, mixing its aspirations to increase production outside of the cartel's constraints with the politics of slighting the Saudi-dominated group amid the kingdom's boycott of Doha. (AP Photos/Maneesh Bakshi, File)

Oil prices perk up on trade truce, possible OPEC decision

FILE - In a Thursday, Nov. 29, 2018 file photo, Federal Reserve Chairman Jerome Powell addresses the Federal Reserve Board's 15th annual College Fed Challenge Finals in Washington. Powell said Monday, Dec. 3, 2018 that Powell says that despite solid economic progress, the country still faces a number of challenges including slow wage-growth for lower-income workers to sluggish productivity and an aging population. (AP Photo/Cliff Owen, File),FILE - In a Thursday, Nov. 29, 2018 file photo, Federal Reserve Chairman Jerome Powell addresses the Federal Reserve Board's 15th annual College Fed Challenge Finals in Washington. Powell said Monday, Dec. 3, 2018 that Powell says that despite solid economic progress, the country still faces a number of challenges including slow wage-growth for lower-income workers to sluggish productivity and an aging population. (AP Photo/Cliff Owen, File)

Fed Chairman Powell says economic challenges remain

FILE - In this Dec. 1, 2018, file photo, President Donald Trump speaks to media at the G20 summit, in Buenos Aires, Argentina. Trump is keeping the pressure on congressional Democrats over funding for his promised border wall, but a partial government shutdown could be averted this week with a stopgap measure as negotiations continue. (AP Photo/Pablo Martinez Monsivais, File),FILE - In this Dec. 1, 2018, file photo, President Donald Trump speaks to media at the G20 summit, in Buenos Aires, Argentina. Trump is keeping the pressure on congressional Democrats over funding for his promised border wall, but a partial government shutdown could be averted this week with a stopgap measure as negotiations continue. (AP Photo/Pablo Martinez Monsivais, File)

The Latest: Meeting over US funding bill set for next week

FILE- In this March 19, 2010, file photo, Level 5 Motorsports driver Scott Tucker waits during a break in a practice session for the American Le Mans Series' 12 Hours of Sebring auto race in Sebring, Fla. A U.S. appeals court has upheld a nearly $1.3 billion award against a pro racecar driver who ran a payday loan business accused by federal authorities of deceiving consumers. A unanimous three-judge panel of the 9th U.S. Circuit Court of Appeals ruled Monday, Dec. 3, 2018, that information Scott Tucker provided consumers did not accurately disclose the terms of the loans. The appeals panel also said a lower court did not abuse its authority when it ordered Tucker and other defendants to pay back nearly $1.3 billion. (AP Photo/Steve Nesius, File),FILE- In this March 19, 2010, file photo, Level 5 Motorsports driver Scott Tucker waits during a break in a practice session for the American Le Mans Series' 12 Hours of Sebring auto race in Sebring, Fla. A U.S. appeals court has upheld a nearly $1.3 billion award against a pro racecar driver who ran a payday loan business accused by federal authorities of deceiving consumers. A unanimous three-judge panel of the 9th U.S. Circuit Court of Appeals ruled Monday, Dec. 3, 2018, that information Scott Tucker provided consumers did not accurately disclose the terms of the loans. The appeals panel also said a lower court did not abuse its authority when it ordered Tucker and other defendants to pay back nearly $1.3 billion. (AP Photo/Steve Nesius, File)

$1.3B award upheld against racecar driver over payday loans

FILE - In this Dec. 21, 2016, file photo, the Trump International Hotel at 1100 Pennsylvania Avenue NW, is seen in Washington. Justice Department’s lawyers appeared to be challenging a Maryland federal judge’s decision to allow a case against President Donald Trump to move forward. The Nov. 30, 2018, filing, however, was merely a notice to the court. It comes as U.S. District Court Judge Peter J. Messitte is poised to allow the subpoenas to begin flowing on Monday. Such information would likely provide the first clear picture of Trump’s Washington, D.C. hotel’s finances. (AP Photo/Alex Brandon, File),FILE - In this Dec. 21, 2016, file photo, the Trump International Hotel at 1100 Pennsylvania Avenue NW, is seen in Washington. Justice Department’s lawyers appeared to be challenging a Maryland federal judge’s decision to allow a case against President Donald Trump to move forward. The Nov. 30, 2018, filing, however, was merely a notice to the court. It comes as U.S. District Court Judge Peter J. Messitte is poised to allow the subpoenas to begin flowing on Monday. Such information would likely provide the first clear picture of Trump’s Washington, D.C. hotel’s finances. (AP Photo/Alex Brandon, File)

DC, Md. officials ready with subpoenas in Trump hotel case

The flag-draped casket of former President George H.W. Bush is carried by a joint services military honor guard to Special Air Mission 41 at Ellington Field during a departure ceremony Monday, Dec. 3, 2018, in Houston. (AP Photo/David J. Phillip, Pool),The flag-draped casket of former President George H.W. Bush is carried by a joint services military honor guard to Special Air Mission 41 at Ellington Field during a departure ceremony Monday, Dec. 3, 2018, in Houston. (AP Photo/David J. Phillip, Pool)

NYSE, Nasdaq to close on Wednesday to honor Bush

Trader Michael Milano, right, works on the floor of the New York Stock Exchange, Monday, Dec. 3, 2018. Stocks are opening sharply higher on Wall Street, following gains in overseas markets after the U.S. and China struck a 90-day truce in their trade dispute. (AP Photo/Richard Drew),Trader Michael Milano, right, works on the floor of the New York Stock Exchange, Monday, Dec. 3, 2018. Stocks are opening sharply higher on Wall Street, following gains in overseas markets after the U.S. and China struck a 90-day truce in their trade dispute. (AP Photo/Richard Drew)

Markets Right Now: Trade truce sends stocks solidly higher

FILE- In this Jan. 9, 2017, file photo a pedestrian walks through the main business district in East Atlanta, Ga., in Dekalb County. Small business owners are upbeat, looking to expand and worrying less about financial concerns like health costs. That’s the finding of a survey of 1,067 owners released last week by Bank of America. The survey shows owners are optimistic about the short and long term. (AP Photo/David Goldman, File),FILE- In this Jan. 9, 2017, file photo a pedestrian walks through the main business district in East Atlanta, Ga., in Dekalb County. Small business owners are upbeat, looking to expand and worrying less about financial concerns like health costs. That’s the finding of a survey of 1,067 owners released last week by Bank of America. The survey shows owners are optimistic about the short and long term. (AP Photo/David Goldman, File)

Small business owners upbeat about companies, look to expand

FILE- In this Nov. 29, 2018, file photo an Ironworker helps to construct a building in Philadelphia. On Monday, Dec. 3, the Commerce Department reports on U.S. construction spending in October. (AP Photo/Matt Rourke, File),FILE- In this Nov. 29, 2018, file photo an Ironworker helps to construct a building in Philadelphia. On Monday, Dec. 3, the Commerce Department reports on U.S. construction spending in October. (AP Photo/Matt Rourke, File)

US construction spending down 0.1% in October

FILE- In this Oc. 29, 2014, file photo honoree Perry Sook, Chairman, President and CEO of Nexstar Broadcasting Group, attends the 24th Annual Broadcasting and Cable Hall of Fame Awards at the Waldorf-Astoria in New York. Nexstar is offering to buy Chicago’s Tribune Media for about $4 billion, four months after the collapse of a similar bid from Sinclair Broadcast Group. The offer Monday, Dec. 3, 2018, would make Nexstar, whose stations reach nearly 39 percent of all U.S. television households, the biggest operator of local TV stations in the U.S. (Photo by Evan Agostini/Invision/AP, File),FILE- In this Oc. 29, 2014, file photo honoree Perry Sook, Chairman, President and CEO of Nexstar Broadcasting Group, attends the 24th Annual Broadcasting and Cable Hall of Fame Awards at the Waldorf-Astoria in New York. Nexstar is offering to buy Chicago’s Tribune Media for about $4 billion, four months after the collapse of a similar bid from Sinclair Broadcast Group. The offer Monday, Dec. 3, 2018, would make Nexstar, whose stations reach nearly 39 percent of all U.S. television households, the biggest operator of local TV stations in the U.S. (Photo by Evan Agostini/Invision/AP, File)

Nexstar offers just over $4B for Tribune Media

FILE- In this Nov. 28, 2018, file photo final inspector Mary Skinner inspects the rear end of a General Motors Chevrolet Cruze at Jamestown Industries in Youngstown, Ohio. On Monday, Dec. 3, the Institute for Supply Management, a trade group of purchasing managers, issues its index of manufacturing activity for November. (AP Photo/Tony Dejak, File),FILE- In this Nov. 28, 2018, file photo final inspector Mary Skinner inspects the rear end of a General Motors Chevrolet Cruze at Jamestown Industries in Youngstown, Ohio. On Monday, Dec. 3, the Institute for Supply Management, a trade group of purchasing managers, issues its index of manufacturing activity for November. (AP Photo/Tony Dejak, File)

Survey: US manufacturing grew in November

FILE- In this July 24, 2013, file photo a security guard walks in front of the GlaxoSmithKline building in Shanghai, China. Shares of Tesaro soared early Monday, Dec. 3, 2018, after GlaxoSmithKline said it would pay about $5.1 billion in cash to buy the cancer drugmaker. (AP Photo/Eugene Hoshiko, File),FILE- In this July 24, 2013, file photo a security guard walks in front of the GlaxoSmithKline building in Shanghai, China. Shares of Tesaro soared early Monday, Dec. 3, 2018, after GlaxoSmithKline said it would pay about $5.1 billion in cash to buy the cancer drugmaker. (AP Photo/Eugene Hoshiko, File)

GlaxoSmithKline to spend $5.1B on cancer drugmaker Tesaro

FILE - In this Wednesday, Sept. 3, 1997 file photo, Albert Frere, chairman of PetroFina S.A., center, Francois Cornelis, left, vice chairman and CEO of PetroFina S.A., and Richard Grasso, chairman of the New York Stock Exchange, pose in front of the exchange in New York. Albert Frere, the industrialist who became one of Belgium’s richest people during more than a half-century of deal-making, has died at age 92, his GBL group said in a statement Monday Dec. 3, 2018. (AP Photo/Emile Wamsteker, File),FILE - In this Wednesday, Sept. 3, 1997 file photo, Albert Frere, chairman of PetroFina S.A., center, Francois Cornelis, left, vice chairman and CEO of PetroFina S.A., and Richard Grasso, chairman of the New York Stock Exchange, pose in front of the exchange in New York. Albert Frere, the industrialist who became one of Belgium’s richest people during more than a half-century of deal-making, has died at age 92, his GBL group said in a statement Monday Dec. 3, 2018. (AP Photo/Emile Wamsteker, File)

Belgian billionaire Albert Frere has died at age 92

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),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)

UK leader focused on passing Brexit deal despite uncertainty

FILE- In this Nov. 20, 2018, file photo pedestrians walk past the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Nov. 30 (AP Photo/Mary Altaffer, File),FILE- In this Nov. 20, 2018, file photo pedestrians walk past the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Nov. 30 (AP Photo/Mary Altaffer, File)

Stocks climb as investors hope for Trump-Xi trade progress

FILE- In this Wednesday, Nov. 28, 2018, file photo Microsoft CEO Satya Nadella speaks during the annual Microsoft Corp. shareholders meeting in Bellevue, Wash. Microsoft on Friday, Nov. 30, surpassed Apple as the world's most valuable publicly traded company. Under Nadella Microsoft has found stability by moving away from its flagship Windows operating system and focusing on cloud-computing services with long-term business contracts. (AP Photo/Ted S. Warren, File),FILE- In this Wednesday, Nov. 28, 2018, file photo Microsoft CEO Satya Nadella speaks during the annual Microsoft Corp. shareholders meeting in Bellevue, Wash. Microsoft on Friday, Nov. 30, surpassed Apple as the world's most valuable publicly traded company. Under Nadella Microsoft has found stability by moving away from its flagship Windows operating system and focusing on cloud-computing services with long-term business contracts. (AP Photo/Ted S. Warren, File)

Microsoft surpasses Apple as most valuable public company

FILE - This Aug. 29, 2007 file photo shows a Payless ShoeSource store front in Philadelphia. Payless taught fashion influencers a lesson about shoes by opening a fake store that sold Main Street shoes at Madison Avenue prices. Payless ShoeSource held a launch party in Los Angeles for the bogus label Palessi and invited the fashionistas to sample the merchandise. Payless posted a video of what happened on Facebook. The VIP shoppers paid as much as $645 for shoes that sell from $19.99 to $39.99 at Payless. The store rang up $3,000 before Payless came clean with the reveal.AP Photo/Matt Rourke, file),FILE - This Aug. 29, 2007 file photo shows a Payless ShoeSource store front in Philadelphia. Payless taught fashion influencers a lesson about shoes by opening a fake store that sold Main Street shoes at Madison Avenue prices. Payless ShoeSource held a launch party in Los Angeles for the bogus label Palessi and invited the fashionistas to sample the merchandise. Payless posted a video of what happened on Facebook. The VIP shoppers paid as much as $645 for shoes that sell from $19.99 to $39.99 at Payless. The store rang up $3,000 before Payless came clean with the reveal.AP Photo/Matt Rourke, file)

Payless pranks VIPs, sells discount shoes at luxury prices

Michael Cohen, left, walks out of federal court with his attorney Guy Petrillo, Thursday, Nov. 29, 2018, in New York, after pleading guilty to lying to Congress about work he did on an aborted project to build a Trump Tower in Russia. Cohen, President Donald Trumps former lawyer, told the judge he lied about the timing of the negotiations and other details to be consistent with Trump's

Attorney's plea caused by Trump's dream of a Moscow tower

FILE - In this July 29, 2015 file photo, the Puerto Rican flag flies in front of Puerto Rico's Capitol as in San Juan, Puerto Rico. The U.S. territory said Thursday, Nov. 29, 2018, that it has completed its first debt-restructuring deal since the government announced it was bankrupt more than three years ago, giving creditors overall $550 in new bonds for each $1,000 they had held. (AP Photo/Ricardo Arduengo, File),FILE - In this July 29, 2015 file photo, the Puerto Rican flag flies in front of Puerto Rico's Capitol as in San Juan, Puerto Rico. The U.S. territory said Thursday, Nov. 29, 2018, that it has completed its first debt-restructuring deal since the government announced it was bankrupt more than three years ago, giving creditors overall $550 in new bonds for each $1,000 they had held. (AP Photo/Ricardo Arduengo, File)

Puerto Rico completes its first debt restructuring deal

Federal Reserve Chairman Jerome Powell addresses the Federal Reserve Board's 15th annual College Fed Challenge Finals in Washington, Thursday, Nov. 29, 2018. (AP Photo/Cliff Owen),Federal Reserve Chairman Jerome Powell addresses the Federal Reserve Board's 15th annual College Fed Challenge Finals in Washington, Thursday, Nov. 29, 2018. (AP Photo/Cliff Owen)

Fed officials express caution about pace of future hikes

FILE - In this Feb. 19, 2013 file photo, OxyContin pills are arranged for a photo at a pharmacy in Montpelier, Vt. A panel of federal judges will decide whether lawsuits filed on behalf of babies born to opioid-addicted mothers should be separated from a larger federal case. Lawyers representing the babies and their guardians say babies have been harmed directly by the opioid industry, unlike local governments, hospitals and other entities. (AP Photo/Toby Talbot, File),FILE - In this Feb. 19, 2013 file photo, OxyContin pills are arranged for a photo at a pharmacy in Montpelier, Vt. A panel of federal judges will decide whether lawsuits filed on behalf of babies born to opioid-addicted mothers should be separated from a larger federal case. Lawyers representing the babies and their guardians say babies have been harmed directly by the opioid industry, unlike local governments, hospitals and other entities. (AP Photo/Toby Talbot, File)

Babies born in withdrawal new complication in opioid cases

In this Nov. 20, 2018, photo provided by General Motors/Cruise, from left, Cruise Automation's Dan Kan and Kyle Vogt pose for a photo with General Motors' Dan Ammann at Cruise Automation offices in San Francisco, Calif. General Motors’ No. 2 executive is moving from Motor City to Silicon Valley to run the automaker’s self-driving car operations as it attempts to cash in on its bet that robotic vehicles will transform transportation. In a transition announced Thursday, Nov. 29, GM President Ammann will become CEO of the company’s Cruise Automation subsidiary at the beginning of next year. He will replace Cruise co-founder Vogt, who will become chief technology officer. (Noah Berger/General Motors, Cruise via AP),In this Nov. 20, 2018, photo provided by General Motors/Cruise, from left, Cruise Automation's Dan Kan and Kyle Vogt pose for a photo with General Motors' Dan Ammann at Cruise Automation offices in San Francisco, Calif. General Motors’ No. 2 executive is moving from Motor City to Silicon Valley to run the automaker’s self-driving car operations as it attempts to cash in on its bet that robotic vehicles will transform transportation. In a transition announced Thursday, Nov. 29, GM President Ammann will become CEO of the company’s Cruise Automation subsidiary at the beginning of next year. He will replace Cruise co-founder Vogt, who will become chief technology officer. (Noah Berger/General Motors, Cruise via AP)

Cruise control: GM's No. 2 exec to run self-driving car unit

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