Financial crisis

FILE - In this June 2, 2017 file photo, Chinese Premier Li Keqiang listens to questions during a media conference at the conclusion of an EU-China summit in Brussels. China's top economic official tried to quell fears surging debt might threaten growth, saying Tuesday, June 27, 2017, financial risks are "generally under control" and Beijing can achieve this year's development targets. Speaking at a meeting of the World Economic Forum in the northeastern city of Dalian, Premier Li also gave a ringing endorsement of free trade and said China will stick to its commitments to fight climate change. (AP Photo/Virginia Mayo, File)
June 27, 2017 - 3:14 am
BEIJING (AP) — China's top economic official tried to quell fears surging debt might threaten growth, saying Tuesday financial risks are "generally under control" and Beijing can achieve this year's development targets. Speaking at a meeting of the World Economic Forum in the northeastern city of...
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June 27, 2017 - 1:24 am
BEIJING (AP) — China's top economic official tried to quell fears surging debt might threaten growth, saying Tuesday financial risks are "generally under control" and Beijing can achieve this year's development targets. Speaking at a meeting of the World Economic Forum in the northeastern city of...
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This cover image released by Random House shows "Behold the Dreamers," a novel by Imbolo Mbue and Oprah Winfrey’s latest selection for Oprah's Book Club. (Random House via AP)
June 26, 2017 - 9:08 am
NEW YORK (AP) — Imbolo Mbue, whose debut novel "Behold the Dreamers" is Oprah Winfrey's latest selection, owes her career in part to the talk-show host. "Years ago, I went to the library one day in Falls Church, Virginia, to borrow a book and saw a shelf that only had Oprah book club picks," Mbue,...
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FILE - This is a Monday, July 27, 2009 file photo of John Varley, the Group Chief Executive of Barclays Bank as he leaves after attending a meeting at the Treasury in London,  Britain’s Serious Fraud Office on Tuesday June 20, 2017 charged Barclays Plc, and John Varley and three other former executives with conspiracy to commit fraud when they sought investment from Qatar in 2008. (AP Photo/Matt Dunham/File)
June 20, 2017 - 12:37 pm
LONDON (AP) — British regulators charged Barclays bank and four former executives, including then-CEO John Varley, with conspiracy to commit fraud when they asked Qatar for a cash infusion to avoid a government bailout at the height of the financial crisis in 2008. The Serious Fraud Office...
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FILE - In this Thursday, March 23, 2017, file photo, Federal Reserve Chair Janet Yellen steps offstage after speaking at the Federal Reserve System Community Development Research Conference in Washington. There isn’t much suspense about what the Fed will announce when its latest policy meeting ends: That it’s raising its key short-term rate for the third time in six months. But anticipation surrounds the possibility that the Fed could signal policy shifts in a statement it will issue, in updated economic forecasts and in a news conference with Yellen. (AP Photo/Cliff Owen, File)
June 14, 2017 - 2:09 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): ___ 2:05 p.m. Federal Reserve policymakers lowered their forecasts for inflation and unemployment, and continued to predict they would raise rates once more this year. Fed officials now expect the U.S...
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June 14, 2017 - 6:01 am
BEIJING (AP) — The International Monetary Fund urged China on Monday to speed up reforms meant to slow surging growth of debt that is fueling concern about the stability of its financial system. The announcement adds to mounting warnings China's rapid run-up in debt due to reliance on lending to...
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June 14, 2017 - 5:00 am
BEIJING (AP) — The International Monetary Fund has urged China to speed up reforms meant to slow surging growth of debt that is fueling concern about the stability of its financial system. The IMF's first deputy managing director, David Lipton, said Tuesday after meeting Chinese officials the...
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Puerto Rico Governor Ricardo Rossello celebrates the results of a referendum on the status of the island, at the New Progressive Party headquarters in San Juan, Puerto Rico, Sunday, June 11, 2017. The governor announced that the U.S. territory overwhelmingly chose statehood on Sunday in a non-binding referendum held amid a deep economic crisis that has sparked an exodus of islanders to the U.S. mainland. Voter turnout was just 23 percent. (AP Photo/Carlos Giusti)
June 11, 2017 - 8:59 pm
SAN JUAN, Puerto Rico (AP) — Puerto Rico's governor announced that the U.S. territory overwhelmingly chose statehood on Sunday in a nonbinding referendum held amid a deep economic crisis that has sparked an exodus of islanders to the U.S. mainland. Nearly half a million votes were cast for...
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Gov. Ricardo Rossello shows his ballot at the San Jose Academy during the fifth referendum in San Juan, Puerto Rico, Sunday, June 11, 2017. Puerto Ricans are getting the chance to tell U.S. Congress on Sunday which political status they believe best benefits the U.S. territory as it remains mired in a deep economic crisis that has triggered an exodus of islanders to the U.S mainland. Congress ultimately has to approve the outcome of Sunday's referendum that offers voters three choices: statehood, free association/independence or current territorial status. (AP Photo/Carlos Giusti)
June 11, 2017 - 6:41 pm
SAN JUAN, Puerto Rico (AP) — Puerto Rico's governor announced that the U.S. territory has overwhelmingly chosen statehood in a nonbinding referendum Sunday held amid a deep economic crisis that has sparked an exodus of islanders to the U.S. mainland. Nearly half a million votes were cast for...
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FILE - In this May 21, 2010, file photo, then-Senate Banking Committee Chairman Sen. Christopher Dodd, D-Conn., right, and then- House Financial Services Committee Chairman Rep. Barney Frank, D-Mass., speak to reporters outside the White House in Washington, after their meeting with President Barack Obama. House Republicans headed toward a vote June 8, 2017, on dismantling sweeping financial rules established under Obama that were designed to head off economic meltdowns. Republicans are arguing that the many requirements imposed under what is known as the Dodd-Frank Act have actually harmed economic growth by making it harder for consumers and businesses to get credit.(AP Photo/Susan Walsh, File)
June 08, 2017 - 5:57 pm
WASHINGTON (AP) — The Republican-led House approved sweeping legislation Thursday to undo much of former President Barack Obama's landmark banking law created after the 2008 economic crisis that caused millions of Americans to lose their jobs and homes. The largely party-line vote was 233-186, as...
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