Financial crisis

FILE - In this Jan. 30, 2019, file photo, Federal Reserve Chairman Jerome Powell speaks at a news conference in Washington. Powell says political attacks by President Donald Trump played no role in the Fed’s decision in January to signal that it planned to take a pause in hiking interest rates. He also said in an interview broadcast Sunday, March 10, 2019, that he can’t be fired by the president and that he intends to serve out his full four-year term. (AP Photo/Alex Brandon, File)
March 10, 2019 - 8:52 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says political attacks by President Donald Trump played no role in the Fed's decision in January to signal that it planned to take a pause in hiking interest rates. He also said in an interview broadcast Sunday that he can't be fired by the...
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Venezuela's President Nicolas Maduro speaks to supporters during a government rally in Caracas, Venezuela, Saturday, March 9, 2019. Demonstrators danced and waved flags on what organizers labeled a “day of anti-imperialism” in a show of defiance toward the United States, which has imposed oil sanctions on Venezuela in an attempt to oust the president. (AP Photo/Ariana Cubillos)
March 09, 2019 - 5:14 pm
CARACAS, Venezuela (AP) — The Venezuelan opposition and government loyalists held rival demonstrations in Caracas on Saturday, as both sides prepared for what some fear could be a protracted power struggle. The rallies unfolded as power and communications outages continued to hit Venezuela,...
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This Wednesday, Feb. 20, 2019, photo shows logos for credit cards in Zelienople, Pa. On Thursday, March 7, the Federal Reserve releases its January report on consumer borrowing. (AP Photo/Keith Srakocic)
March 07, 2019 - 4:07 pm
WASHINGTON (AP) — Consumer borrowing rose at a slightly faster pace in January as borrowing on credit cards rebounded after a slowdown in December. Borrowing increased by $17.05 billion in January after a $15.36 billion December gain, the Federal Reserve reported Thursday. The increase reflected...
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FILE- In this Feb. 15, 2019, file photo trader John Panin works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, March 6. (AP Photo/Richard Drew, File)
March 06, 2019 - 3:03 pm
Stocks marched lower on Wall Street in Wednesday afternoon trading, placing the market on track for its third straight loss. Health care, technology and energy companies accounted for the bulk of the market's slide, offsetting gains in materials and utilities stocks. Several retailers also rose...
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FILE - In this Thursday, May 17, 2018 file photo German Chancellor Angela Merkel, right, speaks with French President Emmanuel Macron, left, and British Prime Minister Theresa May after meeting at a hotel on the sidelines of the EU-Western Balkans summit in Sofia, Bulgaria. (AP Photo/Darko Vojinovic, File)
March 05, 2019 - 6:00 am
BRUSSELS (AP) — The Latest on Britain's scheduled departure from the European Union (all times local): 10:55 a.m. The central banks of the eurozone and Britain have agreed to activate a currency swap mechanism that would ensure British banks continue to have the access they need to euros, even...
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FILE- In this Monday, Nov. 7, 2016, file photo, the sun rises over the skyline in Abu Dhabi, United Arab Emirates. A prominent Dubai bank is warning that non-oil companies across the United Arab Emirates have cut staff at their sharpest rate in nearly a decade amid an economic slowdown. (AP Photo/Kamran Jebreili, File)
March 05, 2019 - 4:06 am
DUBAI, United Arab Emirates (AP) — A leading Dubai bank warned on Tuesday that non-oil companies across the United Arab Emirates have cut staff at their sharpest rate in nearly a decade amid an economic slowdown. A report by Emirates NBD, which is majority owned by Dubai's government, said it...
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FILE - In this Dec. 18, 2018, file photo, Jack Ma, center, chairman of Chinese e-commerce firm Alibaba Group, stands during a conference to commemorate the 40th anniversary of China's Reform and Opening Up policy at the Great Hall of the People in Beijing. A rich list by wealth compiler Hurun Report shows the market meltdowns in 2018 obliterated $1 trillion in wealth, with more than 212 of China's richest individuals losing their dollar billionaire status. (AP Photo/Mark Schiefelbein, File)
February 27, 2019 - 2:28 am
BANGKOK (AP) — The stock market meltdowns in 2018 obliterated $1 trillion of the fortunes of the world's richest individuals, with more than 212 Chinese tycoons losing their dollar billionaire status, according to a list by wealth compiler Hurun Report. The report, China's version of the Forbes...
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Federal Reserve Chairman Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on monetary policy on Tuesday, Feb. 26, 2019 on Capitol Hill in Washington. (AP Photo/Kevin Wolf)
February 26, 2019 - 1:52 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell told Congress on Tuesday the U.S. economy should keep expanding at a solid, though somewhat slower pace this year. But he warned of growing risks, including a global slowdown, volatile financial markets and uncertainty about U.S. trade policy...
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Federal Reserve Chairman Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on Tuesday, Feb. 26, 2019 in Washington. (AP Photo/Kevin Wolf)
February 26, 2019 - 12:48 pm
WASHINGTON (AP) — The Latest on Federal Reserve Chairman Jerome Powell's testimony to Congress (all times local): ___ 12:15 p.m. Federal Reserve Chairman Jerome Powell wraps up more than two hours of Senate testimony by giving a broader definition of what the Fed means when it says it will be "...
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February 25, 2019 - 4:58 pm
Stocks closed modestly higher Monday after shedding most of the gains from an early rally spurred by the Trump administration's decision to hold off on increasing tariffs on imported Chinese goods. Investors welcomed the move, which averted an escalation in the damaging trade war between the world'...
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