Financial crisis

Former Zimbabwean President Robert Mugabe holds a press briefing at his residence in Harare, Sunday, July 29, 2018, on the eve of the country's elections. Zimbabwe votes Monday in an election that could, if deemed credible, tilt the country toward recovery after years of economic collapse and repression under Mugabe. (AP Photo/Tsvangirayi Mukwazhi)
July 29, 2018 - 8:39 am
HARARE, Zimbabwe (AP) — Zimbabwe votes Monday in an election that could, if deemed credible, tilt the country toward recovery after years of economic collapse and repression under former leader Robert Mugabe. If it is flawed and disputed, as some predict, the southern African nation could slide...
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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...
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FILE - In this July 11, 2018, file photo, Environmental Protection Agency (EPA) Acting Administrator Andrew Wheeler speaks to EPA staff at EPA Headquarters in Washington. Wheeler says there should be a single national standard for fuel efficiency for cars and trucks, speaking out as a showdown looms with California that could throw the car market into turmoil. (AP Photo/Jacquelyn Martin, File)
July 24, 2018 - 7:38 pm
WASHINGTON (AP) — The acting head of the Environmental Protection Agency said Tuesday that the United States needs a single standard for fuel efficiency for cars and trucks, signaling a possible showdown with California and other states that could throw the car market into turmoil. Andrew Wheeler...
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July 12, 2018 - 1:19 pm
LONDON (AP) — A British office that prosecutes serious corruption cases says two former senior bankers have been found guilty of manipulating a key benchmark on which global interest rates are hedged. A jury convicted Philippe Moryoussef, formerly of Barclays Bank, in absentia on Thursday. He fled...
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July 05, 2018 - 9:16 am
SAN JUAN, Puerto Rico (AP) — Puerto Rico's governor says he will sue a federal control board to resolve budget differences as the U.S. territory battles an 11-year recession. Ricardo Rossello said in a statement Thursday that he seeks an injunction to stop the board from imposing an $8.76 billion...
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Iranian Interior Minister Abdolreza Rahmani Fazli speaks during a press conference in Tehran, Iran, Sunday, July 1, 2018. Fazli said only one person was wounded in clashes when gunfire erupted as Iranian security forces confronted protesters early Sunday amid demonstrations over water scarcity in the country's south. (AP Photo/Vahid Salemi)
July 01, 2018 - 7:21 am
DUBAI, United Arab Emirates (AP) — Gunfire erupted as Iranian security forces confronted protesters early Sunday amid demonstrations over water scarcity in the country's south, violence that authorities said wounded at least 11 people, mostly police. The protests around Khorramshahr, some 650...
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FILE- In this April 5, 2018, file photo, a pedestrian passes the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, June 29. (AP Photo/Richard Drew, File)
June 29, 2018 - 1:17 pm
NEW YORK (AP) — U.S. stocks are rising Friday as banks rally after the Federal Reserve approved their plans to raise dividends and buy back more stock. Wells Fargo is leaping after it said it will repurchase $24.5 billion in stock. Nike is climbing after it reported strong results in its latest...
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June 29, 2018 - 11:40 am
SAN JUAN, Puerto Rico (AP) — New austerity measures are looming for storm-battered Puerto Rico after local legislators refused to alter labor laws as demanded by a federal control board that said changes would stimulate the U.S. territory's economy amid an 11-year recession. The board that is...
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FILE - In this May 10, 2018 file photo, International Monetary Fund (IMF) Managing Director Christine Lagarde, right, meets with Argentina's Treasury Minister Nicolas Dujovne, at the IMF in Washington. Argentina and the IMF have agreed on a $50 billion stand-by deal aimed at strengthening the South American country's economy, announced on Thursday, June 7, 2018. (AP Photo/Jacquelyn Martin, File)
June 07, 2018 - 8:24 pm
WASHINGTON (AP) — Argentina and the International Monetary Fund agreed Thursday on a three-year $50 billion stand-by financing deal aimed at strengthening the South American country's economy and helping it fight inflation. The IMF said the staff-level agreement will be subject to approval by the...
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June 06, 2018 - 12:37 pm
LONDON (AP) — A former chief executive of the defunct Anglo-Irish Bank has been convicted of fraud for his role in inflating the lender's balance sheet before it collapsed in the 2008 global financial crisis. David Drumm was convicted Wednesday of conspiring to inflate the bank's deposit levels by...
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