Banking and credit

March 16, 2017 - 7:57 am
TRUMP-BUDGET UPDATE: WH unveils Trump budget WASHINGTON (AP) — Military spending would get the biggest boost in President Donald Trump's proposed $1.15 trillion budget, just unveiled this morning. Environmental programs, medical research, Amtrak and an array of international and cultural programs...
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FILE - In this Jan. 29, 2016 file photo, a man walks past the Bank of Japan building. Japan's central bank opted Thursday, March 16, 2017, to keep its monetary policy steady, as the U.S. Federal Reserve tightens and European Central Bank edges in that direction. The Bank of Japan ended a policy meeting by keeping the minus 0.1 percent benchmark interest rate unchanged while working toward a 2 percent inflation rate target. (AP Photo/Koji Sasahara, File)
March 16, 2017 - 4:01 am
TOKYO (AP) — Japan's central bank opted Thursday to retain its ultra-lax monetary stimulus, citing U.S. policy changes as one of the risks for the global economic outlook. The Bank of Japan gave no indication it was leaning toward cutting back on the massive purchases of government bonds it is...
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Specialist Edward Loggie works at his post as a television screen on the floor of the New York Stock Exchange shows the decision of the Federal Reserve, Wednesday, March 15, 2017. The Fed's key short-term rate is rising by a quarter-point to a still-low range of 0.75 percent to 1 percent. (AP Photo/Richard Drew)
March 16, 2017 - 1:59 am
BEIJING (AP) — Asian stocks rose Thursday following a U.S. rate hike and a Eurosceptic party's defeat in Dutch elections. KEEPING SCORE: Tokyo's Nikkei 225 index advanced less than 0.1 percent to 19,585.57 and the Shanghai Composite Index gained 0.7 percent to 3,264.75. Hong Kong's Hang Seng added...
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Specialist Edward Loggie works at his post as a television screen on the floor of the New York Stock Exchange shows the decision of the Federal Reserve, Wednesday, March 15, 2017. The Fed's key short-term rate is rising by a quarter-point to a still-low range of 0.75 percent to 1 percent. (AP Photo/Richard Drew)
March 16, 2017 - 1:58 am
BEIJING (AP) — Asian stocks rose Thursday following a U.S. rate hike and a Eurosceptic party's defeat in Dutch elections. KEEPING SCORE: Tokyo's Nikkei 225 index advanced less than 0.1 percent to 19,585.57 and the Shanghai Composite Index gained 0.7 percent to 3,264.75. Hong Kong's Hang Seng added...
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Specialist Edward Loggie works at his post as a television screen on the floor of the New York Stock Exchange shows the decision of the Federal Reserve, Wednesday, March 15, 2017. The Fed's key short-term rate is rising by a quarter-point to a still-low range of 0.75 percent to 1 percent. (AP Photo/Richard Drew)
March 15, 2017 - 11:49 pm
BEIJING (AP) — Japanese stocks were steady while other Asian markets gained Thursday after the U.S. Federal Reserve raised interest rates and a Eurosceptic party lost Dutch elections. KEEPING SCORE: Tokyo's Nikkei 225 index was flat at 19,578.06 while the Shanghai Composite gained 0.6 percent to 3,...
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March 15, 2017 - 7:57 pm
TRUMP TRAVEL BAN-LAWSUITS UPDATE: Judge in Hawaii puts Trump's travel ban on hold UNDATED (AP) — The federal judge in Hawaii who put President Donald Trump's revised travel ban on hold cited "questionable evidence supporting the government's national security motivation." U.S. District Judge...
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March 15, 2017 - 4:05 pm
FEDERAL RESERVE As expected, Fed boosts rates WASHINGTON (AP) — The Federal Reserve will hike its key short-term rate, the third increase since December 2015 and a show of confidence in that the economy is stable. Steady hiring has brought down the unemployment rate to 4.7 percent, while the Fed's...
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Federal Reserve Chair Janet Yellen speaks during a news conference in Washington, Wednesday, March 15, 2017. The Federal Reserve is raising its benchmark interest rate for the second time in three months and signaling that any further hikes this year will be gradual. (AP Photo/Susan Walsh)
March 15, 2017 - 4:04 pm
WASHINGTON (AP) — The Federal Reserve has raised its benchmark interest rate for the second time in three months and forecast two additional hikes this year. The move reflects a consistently solid U.S. economy and will likely mean higher rates on some consumer and business loans. The Fed's key...
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Federal Reserve Chair Janet Yellen speaks during a news conference in Washington, Wednesday, March 15, 2017. The Federal Reserve is raising its benchmark interest rate for the second time in three months and signaling that any further hikes this year will be gradual. (AP Photo/Susan Walsh)
March 15, 2017 - 3:58 pm
NEW YORK (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): ___ 3:15 p.m. Federal Reserve Chair Janet Yellen says Federal Reserve officials have not had a detailed discussion yet about the possible economic impacts of President Donald Trump's economic program. She...
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Specialist Anthony Rinaldi works at his post on the floor of the New York Stock Exchange, Tuesday, March 14, 2017. Stocks around the world pulled back Tuesday as investors wait to hear from the Federal Reserve, which is beginning a two-day policy meeting on interest rates. (AP Photo/Richard Drew)
March 15, 2017 - 6:00 am
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 6:00 a.m. Trading in stock markets is cautious and the dollar is slightly weaker as investors look ahead to an expected interest rate increase by the Federal Reserve. Because the increase is widely...
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