Financial crisis

Federal Reserve Chair Janet Yellen arrives for a dinner on the opening night of the annual conference of central bankers from around the world, Thursday, Aug. 24, 2017, at Jackson Hole, Wy., sponsored by the Federal Reserve Bank of Kansas City. The theme for this year’s three-day conference is “Fostering a Dynamic Global Economy.” (AP Photo/Martin Crutsinger)
August 25, 2017 - 10:43 am
JACKSON HOLE, Wyoming (AP) — Federal Reserve Chair Janet Yellen on Friday defended the web of regulations the Fed helped enact after the 2008 financial crisis, saying it helped restore the banking system's health and disputing criticism that the rules have hurt lending. Yellen said the Fed is...
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August 25, 2017 - 10:01 am
JACKSON HOLE, Wyoming (AP) — Federal Reserve Chair Janet Yellen is defending the web of regulations the Fed helped enact after the 2008 financial crisis, saying it helped restore the banking system's health and disputing criticism that the rules have hurt lending. Yellen says the Fed is prepared to...
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FILE - In this Tuesday, March 21, 2017, file photo, William C. Dudley, President and Chief Executive Officer of the Federal Reserve Bank of New York, speaks during a panel discussion at The Bank of England in London. In an interview with The Associated Press, Dudley indicated that the Fed will likely make an announcement at its September 2017 meeting that it is ready to start reducing its massive bond portfolio, a move expected to put upward pressure on long-term interest rates including home mortgages. (AP Photo/Kirsty Wigglesworth, Pool, File)
August 14, 2017 - 4:37 pm
NEW YORK (AP) — A top Federal Reserve official suggested Monday that the Fed will likely announce next month that it will begin paring its bond portfolio — a step that could lead to slightly higher rates on mortgages and other loans. In an interview with The Associated Press, William Dudley,...
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FILE - In this Tuesday, March 21, 2017, file photo, William C. Dudley, President and Chief Executive Officer of the Federal Reserve Bank of New York, speaks during a panel discussion at The Bank of England in London. In an interview with The Associated Press, Dudley indicated that the Fed will likely make an announcement at its September 2017 meeting that it is ready to start reducing its massive bond portfolio, a move expected to put upward pressure on long-term interest rates including home mortgages. (AP Photo/Kirsty Wigglesworth, Pool, File)
August 14, 2017 - 3:24 pm
NEW YORK (AP) — A top Federal Reserve official suggested Monday that the Fed will likely announce next month that it will begin paring its bond portfolio — a step that could lead to slightly higher rates on mortgages and other loans. In an interview with The Associated Press, William Dudley,...
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FILE - In this Tuesday, March 21, 2017, file photo, William C. Dudley, President and Chief Executive Officer of the Federal Reserve Bank of New York, speaks during a panel discussion at The Bank of England in London. In an interview with The Associated Press, Dudley indicated that the Fed will likely make an announcement at its September 2017 meeting that it is ready to start reducing its massive bond portfolio, a move expected to put upward pressure on long-term interest rates including home mortgages. (AP Photo/Kirsty Wigglesworth, Pool, File)
August 14, 2017 - 2:29 pm
NEW YORK (AP) — A top Federal Reserve official suggested Monday that the Fed will likely announce next month that it will begin paring its bond portfolio — a step that could lead to slightly higher rates on mortgages and other loans. In an interview with The Associated Press, William Dudley,...
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Anti-government demonstrators wave a Venezuelan flag during a protest against Venezuela's President Nicolas Maduro in Caracas, Venezuela, Saturday, Aug. 12, 2017. Opposition members called a demonstration to protest the seating of a special assembly to rewrite the constitution. Observers will be closely watching the turnout as the arrest of several mayors and the opposition's decision to compete in regional elections despite concerns the election for the constitutional assembly was marred by fraud. (AP Photo/Ariana Cubillos)
August 12, 2017 - 3:48 pm
CARACAS, Venezuela (AP) — The Latest on Venezuela's political crisis (all times local): 2:45 p.m. Venezuela's newly installed constitutional assembly has decided to push up gubernatorial elections by two months to October, though many in the opposition see it as a false promise unlikely to ever...
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Venezuela's President Nicolas Maduro, center, with his wife Cilia Flores, left, and Constitutional Assembly President Delcy Rodriguez wave as they arrive to the National Assembly building for a session with the Constitutional Assembly in Caracas, Venezuela, Thursday, Aug. 10, 2017. (AP Photo/Ariana Cubillos)
August 10, 2017 - 10:47 pm
CARACAS, Venezuela (AP) — Venezuelan leader Nicolas Maduro said Thursday he wants a meeting with President Donald Trump — the same man he ridicules as a crass imperial magnate and blasts for U.S. sanctions against officials in his socialist administration. In a lengthy address to the 545 members of...
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Venezuela's President Nicolas Maduro addresses Constitutional Assembly members during a special session at the National Assembly building in Caracas, Venezuela, Thursday, Aug. 10, 2017. Behind is the president of the new constitutional assembly, Delcy Rodriguez. The new constitutional assembly has declared itself as the superior body to all other governmental institutions, including the opposition-controlled congress. (AP Photo/Ariana Cubillos)
August 10, 2017 - 9:52 pm
CARACAS, Venezuela (AP) — Venezuelan leader Nicolas Maduro said Thursday he wants a meeting with President Donald Trump — the same man he ridicules as a crass imperial magnate and blasts for U.S. sanctions against officials in his socialist administration. In a lengthy address to the 545 members of...
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Venezuela's President Nicolas Maduro addresses Constitutional Assembly members during a special session at the National Assembly building in Caracas, Venezuela, Thursday, Aug. 10, 2017. Behind is the president of the new constitutional assembly, Delcy Rodriguez. The new constitutional assembly has declared itself as the superior body to all other governmental institutions, including the opposition-controlled congress. (AP Photo/Ariana Cubillos)
August 10, 2017 - 9:21 pm
CARACAS, Venezuela (AP) — Venezuelan leader Nicolas Maduro said Thursday he wants a meeting with President Donald Trump — the same man he ridicules as a crass imperial magnate and blasts for U.S. sanctions against officials in his socialist administration. In a lengthy address to the 545 members of...
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August 10, 2017 - 6:38 pm
NEW YORK (AP) — Credit Suisse has banned the trading and use of Venezuelan bonds, as the political and financial crisis in the South American country escalates. The bank will no longer trade, nor accept as collateral, two specific types of Venezuelan securities as well as any bonds the country...
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