Debt and bond markets

FILE - In this Aug. 27, 2017 file photo, Houston Police SWAT officer Daryl Hudeck carries Catherine Pham and her 13-month-old son Aiden, asleep in her arms, after rescuing them from their home surrounded by floodwaters from Tropical Storm Harvey in Houston, Texas. Hurricane Harvey roared onto the Texas shore nearly a year ago, but it was a slow, rainy roll that made it a monster storm. Federal statistics show some parts of the state got more than 5 feet of rain in five days. Harvey killed dozens and swamped a section of the Gulf Coast that includes Houston, the nation's fourth largest city, causing billions of dollars in damage. (AP Photo/David J. Phillip, File)
August 25, 2018 - 8:07 am
HOUSTON (AP) — Voters in Houston and its surrounding county were marking Saturday's anniversary of Hurricane Harvey coming ashore by deciding whether to approve the issuance of $2.5 billion in bonds to fund flood-control projects that might mitigate the damage caused by future storms. Harvey, which...
Read More
Trader Michael Milano works on the floor of the New York Stock Exchange, Wednesday, Aug. 22, 2018. Stocks are off to a mixed start on Wall Street as the U.S. market is poised to reach its longest-ever bull run. (AP Photo/Richard Drew)
August 22, 2018 - 4:03 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. The bull market in U.S. stocks has set a record for longevity. The current bull run on Wall Street became the longest in history on Wednesday at 3,453 days, beating the bull market of the 1990s that ended in...
Read More
Malaysian Prime Minister Mahathir Mohamad, center, speaks to Chinese President Xi Jinping (not pictured) during their meeting at Diaoyutai State Guesthouse in Beijing, Monday, Aug. 20, 2018. (Roman Pilipey/Pool Photo via AP)
August 21, 2018 - 5:47 am
BEIJING (AP) — Multibillion-dollar China-financed projects in Malaysia have been canceled because they aren't needed and will saddle the country with an unsustainable amount of debt, Malaysian Prime Minister Mahathir Mohamad told reporters on the final day of a visit to Beijing on Tuesday. Mahathir...
Read More
August 18, 2018 - 10:37 am
COLUMBIA, S.C. (AP) — South Carolina's state-owned utility is postponing this month's meeting during confusion over its leadership. Santee Cooper announced Friday it wouldn't be meeting on Monday as planned. The uncertainty comes amid a showdown between South Carolina's governor and legislative...
Read More
FILE- In this May 10, 2018, file photo signs for the New York Stock Exchange hang above the trading floor. U.S. stocks are rising at the opening bell, Wednesday, Aug. 1, 2018, as Apple surges following a strong quarterly report. Banks are jumping as a strong jobs report sends interest rates higher. (AP Photo/Mark Lennihan, File)
August 01, 2018 - 11:49 am
NEW YORK (AP) — Apple is on pace for its biggest gain in a year and a half Wednesday as investors cheer its latest quarterly report, which included strong iPhone sales and a forecast that was better than expected. Banks are climbing as interest rates turn higher and the yield on the 10-year...
Read More
In this July 26, 2018, photo, President Donald Trump acknowledges the audience after speaking at the United States Steel Granite City Works plant in Granite City, Ill. Trump's trade policies are turning long-established Republican orthodoxy on its head. There are tariff fights, and there’s now $12 billion in farm aid that represents the type of government intervention GOP voters railed against a decade ago. (AP Photo/Jeff Roberson)
July 28, 2018 - 6:18 am
WASHINGTON (AP) — President Donald Trump's trade policies are turning long-established Republican orthodoxy on its head, marked by tariff fights and now $12 billion in farm aid that represents the type of government intervention GOP voters railed against a decade ago. President George W. Bush...
Read More
Specialist Mark Fitzgerald works on the floor of the New York Stock Exchange, Tuesday, June 19, 2018. U.S. stock markets are opening sharply lower Tuesday as tensions over trade between the U.S. and China seem closer to a boil. (AP Photo/Richard Drew)
June 19, 2018 - 4:56 pm
NEW YORK (AP) — Big industrial and technology companies skidded Tuesday as the trade dispute between the U.S. and China threatened to come to a boil. Smaller companies less focused on overseas trade fared better, as did dividend-paying stocks. The Dow Jones industrial average fell for the sixth day...
Read More
FILE - In this May 8, 2018, file photo, Illinois Gov. Bruce Rauner, center, addresses reporters outside his state Capitol office in Springfield, Ill. For years, Rauner has been ubiquitous on all things related to the Illinois budget. Not this year. Lawmakers whisked through a $38.5 billion spending plan this week with barely a mention of the Republican governor's name. Gone were the demands for business-friendly structural changes in exchange for budget which forced a historic stalemate for his first 2 and a half years in office. (AP Photo/John O'Connor File)
June 01, 2018 - 11:52 pm
CHICAGO (AP) — Illinois' new state budget relies on more than $400 million in savings from a new pension buyout plan that finance experts caution is highly speculative and may not save as much money as lawmakers say. The budget sailed through the Legislature this week on a bipartisan vote, and...
Read More
Socialist leader Pedro Sanchez is surrounded by photographers in the parliament after a motion of no confidence vote at the Spanish parliament in Madrid, Friday, June 1, 2018. Opposition Socialist leader Pedro Sanchez has won the vote to replace Mariano Rajoy as prime minister, in the first ouster of a serving Spanish leader by parliament in four decades of democracy. (Emilio Naranjo/Pool Photo via AP)
June 01, 2018 - 5:02 pm
MADRID (AP) — Prime Minister-elect Pedro Sanchez vowed Friday to root out the corruption that helped bring down Spain's outgoing conservative government and pledged to help people affected by years of public spending cuts under his predecessor, Mariano Rajoy. Minutes after narrowly winning a no-...
Read More
European Commission's mission chief for Greece, Declan Costello speaks as he attends a Economic conference in Athens, Thursday, May 31, 2018. Greece is currently negotiating the terms of its bailout exit with European creditors, including how its finances will be monitored and the conditions of a promised debt relief package. (AP Photo/Petros Giannakouris)
May 31, 2018 - 4:23 pm
ATHENS, Greece (AP) — A top European Union official in Greece says the country's access to bond markets remains "fragile" amid the ongoing financial turmoil triggered by the political uncertainty in Italy. Declan Costello, who supervises the Greek bailout program for the European Commission, made...
Read More

Pages