Financial crisis

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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FILE - In this March 1, 2018, file photo, Federal Reserve Chairman Jerome Powell testifies as he gives the semiannual monetary policy report to the Senate Banking Committee on Capitol Hill in Washington. The Federal Reserve’s first meeting under Powell’s leadership will likely end Wednesday, March 21, with an announcement that the Fed will resume its modest interest rate hikes. (AP Photo/Jacquelyn Martin, File)
March 20, 2018 - 11:38 am
WASHINGTON (AP) — Federal Reserve officials are meeting this week for the first time under their new chairman, Jerome Powell, whose news conference to follow is stirring high anticipation. The Fed is set to announce its first interest rate increase of the year, a testament to the continued strength...
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In this March 5, 2018 photo, the East Front of the U.S. Capitol at sunset in Washington. The Senate passed bipartisan legislation Wednesday designed to ease bank rules that were enacted to prevent a relapse of the 2008 financial crisis that caused millions of Americans to lose their jobs and homes. (AP Photo/Alex Brandon)
March 14, 2018 - 7:10 pm
WASHINGTON (AP) — The Senate passed bipartisan legislation Wednesday designed to ease bank rules that were enacted to prevent a relapse of the 2008 financial crisis that caused millions of Americans to lose their jobs and homes. The Senate voted 67-31 for a bill from Republican Senator Mike Crapo...
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In this July 9, 2015, photo, a woman walks out of the China Securities Regulatory Commission at the Financial Street in Beijing. Chinese securities regulators have imposed a record $870 million fine on a company that manipulated share prices in the latest scandal to roil the country's markets. Regulators said on Wednesday, March 14, 2018 the company in the southeastern city of Xiamen used 300 trading accounts to manipulate prices of shares in smaller banks and other companies. (AP Photo/Andy Wong)
March 14, 2018 - 1:44 am
BEIJING (AP) — China's securities regulator said Wednesday it fined a company a record 5.5 billion yuan ($870 million) for manipulating share prices in the latest scandal to roil the country's turbulent markets. Xiamen Beibadao Group made a 945 million yuan ($150 million) profit by using 300...
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March 12, 2018 - 6:40 pm
WASHINGTON (AP) — The Latest on legislation to roll back restraints on banks (all times local): 6:25 p.m. The Senate is edging forward legislation to roll back some of the restraints on banks that President Barack Obama and Democrats in Congress put in place eight years ago to prevent another...
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