Financial crisis

In this April 18, 2018 photo provided by Jan Snarksi, Snarski's wife Emilie Johnson carries their baby while walking toward Anahola Beach in Anahola on the island of Kauai in Hawaii. Kauai residents and businesses are still cleaning up from devastating floods and record rains, but community leaders are urging tourists to visit so residents don't suffer an economic calamity on top of the natural one. (Jan Snarski/@janmatthewsnarski via AP)
April 27, 2018 - 2:41 am
HONOLULU (AP) — Residents and businesses are still cleaning up from flooding that deluged parts of Kauai, but community leaders are urging tourists to keep coming so residents don't suffer an economic calamity on top of record-breaking rains that smothered a normally green landscape in reddish-...
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April 24, 2018 - 12:39 pm
WASHINGTON (AP) — Democratic Sen. Mark Warner of Virginia is warning bankers that legislation rolling back financial rules put in place after the 2008 economic crisis could stall. Warner says legislation revamping the law known as Dodd-Frank "will not pass if it comes back to the Senate" for...
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April 19, 2018 - 8:00 pm
WASHINGTON (AP) — Finance ministers from several Latin American nations as well as the U.S. and Europe have agreed to work jointly to locate and seize the proceeds arising from corruption by Venezuelan government insiders, two U.S. Treasury officials said Thursday. The decision came at a Washington...
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FILE - In this April 12, 2017 file photo, people gather at the "Fearless Girl" sculpture in lower Manhattan, New York. After she came to prominence staring down a symbol of Wall Street, a bronze bull at the foot of Broadway, New York City's Fearless Girl statue will be moving to a new home next to the New York Stock Exchange later in 2018. (AP Photo/Craig Ruttle, File)
April 19, 2018 - 4:04 pm
NEW YORK (AP) — New York's "Fearless Girl" statue that has become a global symbol of female business prowess will be moved from her spot staring down Wall Street's bronze "Charging Bull" to a new home facing the New York Stock Exchange. Officials announced Thursday that the statue would be moved by...
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April 18, 2018 - 6:02 am
LONDON (AP) — Inflation in Britain unexpectedly fell in March, official figures showed Wednesday, suggesting that the Brexit vote's boost to prices is running its course and raising questions in financial markets as to whether the Bank of England will raise interest rates again this month. The...
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FILE- In this April 12, 2018, file photo, a container ship is unloaded at the Port of Oakland in Oakland, Calif. The International Monetary Fund has upgraded its economic outlook for the United States in 2018 and foresees a strong year for the global economy as well. The IMF predicts that the U.S. economy will grow 2.9 percent this year, up from the 2.7 percent it had forecast in January and up from the 2.3 percent growth the economy achieved last year. (AP Photo/Ben Margot, File)
April 17, 2018 - 11:38 am
WASHINGTON (AP) — The International Monetary Fund warned Tuesday that rising trade tensions between the United States and China risk undermining a global economy that the IMF believes should otherwise grow solidly this year. The IMF predicted Tuesday that the U.S. economy will grow 2.9 percent this...
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Lebanese Prime Minister Saad Hariri, left, and French Foreign Minister, Jean-Yves Le Drian attend an international conference in Paris, Friday, April 6, 2018. France is holding an international conference devoted to debt-ridden Lebanon to bring in funds and lay groundwork to ensure money is well spent. (AP Photo/Michel Euler)
April 06, 2018 - 12:09 pm
PARIS (AP) — International donors pledged $11 billion in loans and grants Friday to help debt-ridden Lebanon at a conference in Paris that also sought to ensure the money is well spent in a country hit hard by the Syrian war next door. French President Emmanuel Macron praised the international...
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In this March 26, 2018 photo, farmer Jeff Rehder looks over some of his pigs, in Hawarden, Iowa. Rehder stands to lose potential revenue on his hogs after China responded to Trump's announced plans to impose tariffs on products including Chinese steel, with a threat to tag U.S. products, including pork, with an equal 25-percent charge. (AP Photo/Nati Harnik)
March 31, 2018 - 7:02 am
HOSPERS, Iowa (AP) — In Sioux County, where swine barns interrupt the vast landscape of corn-stubbled fields, exports of meat, grain and machinery fuel the local economy. And there's a palpable sense of unease that new Chinese tariffs pushed by President Donald Trump — who received more than 80...
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Rain drops sit on security glass on top of a shopping mall in Frankfurt, Germany, on a rainy Wednesday, March 28, 2018. (AP Photo/Michael Probst)
March 29, 2018 - 5:38 am
FRANKFURT, Germany (AP) — Germany has cut its debt load thanks to a strong economy and the diminishing burden of bailing out banks during the financial crisis. The Bundesbank national central bank said Thursday that debt fell to 64 percent of annual economic output by the end of 2017, from 68...
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March 28, 2018 - 2:28 pm
SAN JUAN, Puerto Rico (AP) — A federal control board overseeing Puerto Rico's finances demanded cuts to the island's crumbling public pension system on Wednesday and said it will consider raising the minimum wage only if certain conditions are met. The demands were outlined in various letters sent...
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