Financial crisis

FILE - In this May 1, 2019, file photo Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee in Washington. Powell says the United States needs to find ways to address a decades-long slowdown in income growth and upward economic mobility. (AP Photo/Patrick Semansky, File)
May 09, 2019 - 12:28 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Thursday the United States needs to find ways to address a decades-long slowdown in income growth and upward economic mobility. In a speech at a Fed research conference, Powell said that incomes have grown more slowly for middle-class...
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May 09, 2019 - 12:26 pm
SAN JUAN, Puerto Rico (AP) — A federal control board that oversees Puerto Rico's finances voted on Thursday to extend its power and bring all of the U.S. territory's 78 municipalities under its supervision for the first time. The board announced that it also will require fiscal plans and budgets...
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In this photo released by Miraflores Press Office, Venezuela's President Nicolas Maduro, center left, poses for a photo with troops at Fort Tiuna, in Caracas, Venezuela, Thursday, May 2, 2019. Flanked by commanders, Maduro said Thursday that the military must be prepared to combat "traitors", two days after opposition leader Juan Guaidó called for the military to turn against Maduro. (Jhonn Zerpa/Miraflores Press Office via AP)
May 02, 2019 - 12:01 pm
CARACAS, Venezuela (AP) — The latest on the political crisis in Venezuela (all times local): 10:55 a.m. U.S. President Donald Trump says the "brutal repression" of the Venezuelan people must end, and it must end soon. He says the Venezuelan people are starving and have no water. "We wish them well...
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A cargo ship is seen on the river Main with the bank buildings in background in Frankfurt, Germany, late Wednesday, April 17, 2019. (AP Photo/Michael Probst)
April 30, 2019 - 7:37 am
LONDON (AP) — The recent slowdown in the eurozone economy, which had stoked fears that another recession was around the corner, appears to have come to an end. Official figures released Tuesday show that the 19-country single currency bloc saw economic growth double in the first quarter of the year...
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April 29, 2019 - 11:35 pm
BEIJING (AP) — Two surveys show Chinese factory activity grew in April but below the previous month's pace amid a tariff war with Washington. The separate surveys released Tuesday by a Chinese business magazine and an industry group showed activity above the level that indicates activity is...
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Supporters of Venezuela's opposition leader and self proclaimed president Juan Guaido, hold sign against President Nicolas Maduro as they cheer during a rally in Maracay, Venezuela, Friday, April 26, 2019. The Trump administration has added Venezuelan Foreign Minister Jorge Arreaza to a Treasury Department sanctions target list as it increases pressure on Guaido's opponent, embattled President Nicolas Maduro. (AP Photo/Fernando Llano)
April 26, 2019 - 4:29 pm
CARACAS, Venezuela (AP) — The United States on Friday added Venezuela's foreign minister and a judge who has ruled against Venezuelan opposition figures to a sanctions list aimed at forcing a change of government in the South American country. The U.S. Treasury Department sanctions targeted Foreign...
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FILE - In this May 4, 2018, file photo, handguns are on display at the NRA convention in Dallas. The National Rifle Association is gathering for its 148th annual meeting beginning Thursday, April 25, 2019, in Indianapolis. (AP Photo/Sue Ogrocki, File)
April 24, 2019 - 6:17 pm
The National Rifle Association is used to battling forces that criticize its fiery and unbending efforts to protect gun rights. But as the group gathers for its annual convention this week, the NRA may be facing its toughest foe in decades: its own members. NRA insiders and longtime observers...
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A cargo ship is seen on the river Main with the bank buildings in background in Frankfurt, Germany, late Wednesday, April 17, 2019. (AP Photo/Michael Probst)
April 24, 2019 - 6:01 am
FRANKFURT, Germany (AP) — An index of German business optimism fell in April as Europe's largest economy struggles with a slowdown in trade and manufacturing even as it finds support from a strong labor market. The Ifo institute said Wednesday its business climate index slipped to 99.2 points from...
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This Tuesday, April 16, 2019 photo shows the Coca Cola Arena in front of world tallest building, Burj Khalifa, in Dubai, United Arab Emirates. Dubai unveils its latest mega-project, a stadium and arena in the heart of a super luxe shopping and dining destination, even as the economy slows down and thousands of jobs are being axed across the emirate. (AP Photo/Kamran Jebreili)
April 18, 2019 - 2:15 pm
DUBAI, United Arab Emirates (AP) — Dubai unveiled its latest megaproject this week: A stadium in the heart of a super luxe shopping and dining destination. The arena, which will host sports events and concerts, is located in a leisure retail and residential destination called City Walk, which...
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Pura Castell walks to a government-run butcher shop to buy chicken, after failing to find chicken the previous day in Bauta, Cuba, Friday, April 12, 2019. A neighbor informed her that chicken had arrived at the government store that distributes almost free monthly food rations. (AP Photo/Ramon Espinosa)
April 18, 2019 - 1:28 pm
BAUTA, Cuba (AP) — Just after 8 a.m., Pura Castell got in line behind about 100 other people waiting for a chance to buy frozen chicken legs. For two hours she leaned on her cane watching people leave the state-run market with their 5-pound limit. The chicken ran out at 10 a.m. while the 80-year-...
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