Financial crisis

Opposition leader Henrique Capriles casts his ballot during a symbolic referendum in Caracas, Venezuela, Sunday, July 16, 2017. Venezuela's opposition called for a massive turnout Sunday in a symbolic rejection of President Nicolas Maduro's plan to rewrite the constitution, a proposal that's escalating tensions in a nation stricken by widespread shortages and more than 100 days of anti-government protests. (AP Photo/Ariana Cubillos)
July 16, 2017 - 5:14 pm
CARACAS, Venezuela (AP) — Hundreds of thousands of Venezuelans lined up across the country and in expatriate communities around the world Sunday to vote in a symbolic rejection of President Nicolas Maduro's plan to rewrite the constitution, a proposal that's raising tensions in a nation battered by...
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A chart on the impact on jobs by the "Taylor Rule" is projected behind Federal Reserve Chair Janet Yellen as Democratic members of the House Financial Services Committee question her during the committee's hearing on Capitol Hill in Washington, Wednesday, July 12, 2017. (AP Photo/Jacquelyn Martin)
July 12, 2017 - 4:38 pm
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen raised the possibility Wednesday that the Fed would consider slowing the pace of its interest rate increases if inflation remained persistently below its target level. For the moment, Yellen signaled no change in policy, indicating that the three...
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FILE - This is a Thursday, Jan. 26, 2017 file photo of People as they walk past one of the headquarters buildings showing the logo of the Royal Bank of Scotland in London. Royal Bank of Scotland said wednesday july 12, 2017 that it has reached a $5.5 billion settlement in the United States over mortgage-backed securities issued before the financial crisis. (AP Photo/Alastair Grant/File)
July 12, 2017 - 3:59 pm
LONDON (AP) — Royal Bank of Scotland said Wednesday it has reached a $5.5 billion settlement in the United States over the mis-selling of mortgage-backed securities before the financial crisis — a key milestone in the institution's efforts to put its past sins behind it. The deal with the Federal...
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FILE - In this Thursday, March 23, 2017, file photo, Federal Reserve Chair Janet Yellen looks at documents while waiting to speak at the Federal Reserve System Community Development Research Conference in Washington. Beginning Wednesday, July 12, 2017, Yellen speaks to Congress about monetary policy and the state of the economy. (AP Photo/Cliff Owen, File)
July 12, 2017 - 8:40 am
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen told Congress on Wednesday that the central bank expects to keep raising a key interest rate at a gradual pace and also plans to start trimming its massive bond holdings this year. In her semiannual testimony on the economy, Yellen took note of a...
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July 12, 2017 - 5:37 am
LONDON (AP) — Unemployment in Britain fell in May to its lowest level since the mid-1970s, evidence that the labor market is resilient in the face of a wider economic slowdown largely related to uncertainty surrounding the country's upcoming exit from the European Union. The Office for National...
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July 12, 2017 - 5:10 am
LONDON (AP) — Official figures show that unemployment in Britain has fallen once again as the labor market shows resilience to a slowdown in the wider economy. The Office for National Statistics said Wednesday that the country's unemployment rate between March and May fell to 4.5 percent, down 0.2...
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July 12, 2017 - 4:48 am
LONDON (AP) — Official figures show that unemployment in Britain has fallen once again as the labor market shows resilience to a slowdown in the wider economy. The Office for National Statistics said Wednesday that the country's unemployment rate between March and May fell to 4.5 percent in the...
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British Prime Minister Theresa May arrives on the first day of the G-20 summit in Hamburg, northern Germany, Friday, July 7, 2017. The leaders of the group of 20 meet July 7 and 8. (AP Photo/Michael Sohn)
July 07, 2017 - 11:20 am
LONDON (AP) — A raft of disappointing British economic figures on Friday reinforced concerns that this year's slowdown has broadened across sectors and extended into the second quarter of the year, when the country finally began high-level negotiations over its exit from the European Union. Capping...
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A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Friday, July 7, 2017. Asian markets were lower on Friday as investors fret about the European Central Bank’s unwinding of stimulus programs and a disappointing jobs report by a U.S. payroll company. (AP Photo/Lee Jin-man)
July 07, 2017 - 8:57 am
SEOUL, South Korea (AP) — Global stock markets are mostly lower but recovering after a strong U.S. jobs report showed companies are still hiring at a rapid pace despite a slowdown in the economy. KEEPING SCORE: Germany's DAX was down 0.3 percent at 12,349 while the FTSE 100 of Britain was flat at 7...
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British Prime Minister Theresa May arrives on the first day of the G-20 summit in Hamburg, northern Germany, Friday, July 7, 2017. The leaders of the group of 20 meet July 7 and 8. (AP Photo/Michael Sohn)
July 07, 2017 - 7:59 am
LONDON (AP) — A raft of disappointing British economic figures on Friday reinforced concerns that the slowdown has broadened across sectors and extended into the second quarter of the year, when the country finally began high-level negotiations over its exit from the European Union. Capping a week...
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