Financial crisis

FILE - In this June 13, 2012, file photo JPMorgan Chase CEO Jamie Dimon, head of the largest bank in the United States, testifies on Capitol Hill in Washington. The heads of some of the U.S.’ largest banks including Dimon will appear in front of Congress on Wednesday, April 10, 2019, for a hearing. (AP Photo/J. Scott Applewhite, File)
April 10, 2019 - 10:33 am
The Latest on the appearance of U.S. bank CEOs before Congress (all times local): 10:25 a.m. Wednesday's House hearing on banks was nominally about determining how much safer the financial system is, but few finance committee members are raising the subject. The only representative to ask about...
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FILE - In this June 19, 2012, file photo Jamie Dimon, CEO of JPMorgan Chase, testifies before the House Financial Services Committee on Capitol Hill in Washington. The heads of some of the U.S.’ largest banks including Dimon will appear in front of Congress on Wednesday, April 10, 2019, for a hearing. (AP Photo/Jacquelyn Martin, File)
April 10, 2019 - 9:44 am
NEW YORK (AP) — The heads of some of the largest banks in the U.S. are appearing in front of Congress Wednesday, for the most significant hearing on the banking industry since Democrats took control of the House. In their prepared testimony, the chief executives of JPMorgan Chase and Goldman Sachs...
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FILE - In this Jan. 21, 2019 file photo, International Monetary Fund Managing Director Christine Lagarde briefs the media during a news conference at the annual meeting of the World Economic Forum in Davos. The head of the 189-nation International Monetary Fund said Tuesday, April 2 the global economy is at a “delicate moment” with a hoped-for rebound in growth later this year being threatened by a variety of factors such as rising trade tensions between the world’s two biggest economies. Lagarde said the IMF does not forecast a recession in its updated economic outlook to be released next week but she called the current situation “precarious” and vulnerable to policy mistakes. (AP Photo/Markus Schreiber, File)
April 02, 2019 - 12:08 pm
WASHINGTON (AP) — The head of the 189-nation International Monetary Fund said Tuesday the global economy is at a "delicate moment" with a hoped-for rebound in growth later this year being threatened by a variety of factors such as rising trade tensions between the world's two biggest economies. IMF...
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FILE- In this Tuesday, March 5, 2019, file photo the Cape Kortia container ship, left, heads into the Port of Tacoma in Commencement Bay in Tacoma, Wash. On Thursday, March 28, the Commerce Department issues the final estimate of how the U.S. economy performed in the October-December quarter. (AP Photo/Ted S. Warren, File)
April 02, 2019 - 8:26 am
GENEVA (AP) — The World Trade Organization has cut its forecast for trade growth this year by more than a percentage point, to 2.6%, due to an economic slowdown and amid a trade conflict between the United States and China. The downgrade — from 3.7% forecast issued in September — reflects how...
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Ekrem Imamoglu, mayoral candidate for Istanbul of Republican People's Party (CHP) gives a statement during a press conference after the local elections, in Istanbul, Sunday, March 31, 2019. President Recep Tayyip Erdogan's ruling party has declared victory in the race for mayor of Istanbul, even though the result in Turkey's most populous city and commercial hub is too close to call. State broadcaster TRT says former Prime Minister Binali Yildirim received 48.71 percent of the votes in Sunday's municipal elections while the opposition's candidate, Ekrem Imamoglu, got 48.65 percent. (AP Photo/Lefteris Pitarakis)
March 31, 2019 - 8:04 pm
ISTANBUL (AP) — The Latest on Turkey's municipal elections (all times local): 2:55 a.m. The opposition's mayoral candidate says he has won the race in Istanbul by more than 29,000 votes. Ekrem Imamoglu spoke early Monday, hours after the candidate for President Recep Tayyip Erdogan's ruling party...
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A man walks by a giant Turkish flag in Ankara, Turkey, Sunday, March 31, 2019. Turkish citizens have begun casting votes in municipal elections for mayors, local assembly representatives and neighborhood or village administrators that are seen as a barometer of Erdogan's popularity amid a sharp economic downturn. (AP Photo/Ali Unal)
March 31, 2019 - 5:53 am
ISTANBUL (AP) — Mayoral elections are underway in 30 large cities in Turkey along with other municipal races Sunday that are seen as a barometer of President Recep Tayyip Erdogan's popularity amid a sharp economic downturn in the nation straddling Europe and Asia. More than 57 million voters were...
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In this Feb. 16, 2019 photo, guests wait for groom Juan Jose Pocaterra and his bride Maria Fernanda Vera to arrive to their destination wedding in Acarigua, Venezuela. The wedding guests included wealthy landowners, opposition politicians and a former student leader who nearly lost an eye during an anti-government protest. (AP Photo/Rodrigo Abd)
March 25, 2019 - 11:43 am
ACARIGUA, Venezuela (AP) — It was the sort of celebration that's become rare in troubled Venezuela: a lavish destination wedding of two young entrepreneurs at a dude ranch on the country's vast tropical plains, a region known for its rugged cowboys on horseback rounding up cattle — and where camps...
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FILE- In this May 14, 2014, file photo Alan Krueger, professor of economics and public affairs at Princeton University, speaks at the 2014 Fiscal Summit organized by the Peter G. Peterson Foundation in Washington. Princeton University Professor Krueger, a groundbreaking economist who served as a top adviser, has died according to a statement by the university. (AP Photo, File)
March 18, 2019 - 5:39 pm
Alan Krueger, a groundbreaking Princeton University economist who served as a top adviser in two Democratic administrations and was an authority on the labor market, has died, according to a statement from the university Monday. The economist took his own life during the weekend, according to a...
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Bolivian President Evo Morales, center, and Greece's Prime Minister Alexis Tsipras, right, take part in a conference in Athens, Thursday, March 14, 2019. Morales is in Greece on a two-day official visit. (AP Photo/Petros Giannakouris)
March 15, 2019 - 9:23 am
ATHENS, Greece (AP) — Greece on Friday backed calls by Bolivia's left-wing President Evo Morales for a negotiated settlement to the severe political and financial crisis in Venezuela, in what marks a different approach to that pursued by key European allies. Many European Union countries are among...
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FILE - In this Dec. 11, 2018, file photo, a beam of sunlight is cast on vehicles on a city ring-road clogged with heavy traffic during the morning rush hour in Beijing. The downturn in China’s auto market worsened in January and February as sales plunged 17.5 percent from a year earlier. (AP Photo/Andy Wong, File)
March 14, 2019 - 1:56 am
BEIJING (AP) — The downturn in China's auto market worsened in January and February as an economic slowdown and a tariff fight with Washington chilled demand in the industry's biggest global market. Sales of SUVs, minivans and sedans plunged 17.5 percent from a year earlier to 3.2 million SUVs,...
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