Financial crisis

Federal Reserve Chair Janet Yellen, talks with Mario Draghi, head of the European Central Bank, and Haruhiko Kuroda, head of the Bank of Japan, during a break at the central bankers conference at Jackson Hole, Wyo., Friday, Aug. 25, 2017. The conference, in its 41st year, is sponsored by the Federal Reserve Bank of Kansas City. (AP Photo/Martin Crutsinger)
August 25, 2017 - 4:44 pm
JACKSON HOLE, Wyoming (AP) — Federal Reserve Chair Janet Yellen on Friday emphatically 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...
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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 - 1:50 pm
JACKSON HOLE, Wyoming (AP) — Federal Reserve Chair Janet Yellen on Friday emphatically 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...
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Venezuela's President Nicolas Maduro speaks at a news conference in Caracas, Venezuela, Tuesday, Aug. 22, 2017. Immigration authorities in Colombia announced that Venezuela's ousted chief prosecutor Luisa Ortega Diaz is on her way to Brazil. Ortega said that Maduro removed her in order to stop a probe linking him and his inner circle to nearly $100 million in bribes from Brazilian construction company Odebrecht. (AP Photo/Ariana Cubillos)
August 25, 2017 - 1:21 pm
CARACAS, Venezuela (AP) — The Trump administration on Friday slapped sweeping financial sanctions on Venezuela, dramatically ratcheting up tensions between the two countries and making it harder for embattled President Nicolas Maduro to raise badly needed funds to prevent a debt default. The...
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Venezuela's President Nicolas Maduro speaks at a news conference in Caracas, Venezuela, Tuesday, Aug. 22, 2017. Immigration authorities in Colombia announced that Venezuela's ousted chief prosecutor Luisa Ortega Diaz is on her way to Brazil. Ortega said that Maduro removed her in order to stop a probe linking him and his inner circle to nearly $100 million in bribes from Brazilian construction company Odebrecht. (AP Photo/Ariana Cubillos)
August 25, 2017 - 12:02 pm
CARACAS, Venezuela (AP) — The Trump administration on Friday slapped sweeping financial sanctions on Venezuela, barring banks from any new financial deals with the government or state-run oil giant PDVSA. The sanctions Trump signed by executive order are bound to dramatically escalate tensions...
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Venezuela's President Nicolas Maduro speaks at a news conference in Caracas, Venezuela, Tuesday, Aug. 22, 2017. Immigration authorities in Colombia announced that Venezuela's ousted chief prosecutor Luisa Ortega Diaz is on her way to Brazil. Ortega said that Maduro removed her in order to stop a probe linking him and his inner circle to nearly $100 million in bribes from Brazilian construction company Odebrecht. (AP Photo/Ariana Cubillos)
August 25, 2017 - 11:50 am
CARACAS, Venezuela (AP) — The Latest on Venezuela's political and economic crisis (all times local): 11:45 a.m. The Trump administration has slapped sweeping financial sanctions on Venezuela, barring banks from any new financial deals with the government or state-run oil giant PDVSA. The sanctions...
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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...
Read More
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,...
Read More
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,...
Read More

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