Financial markets

May 02, 2017 - 10:40 am
NEW YORK (AP) — U.S. stock indexes are little changed Tuesday morning as weak auto sales drag down car makers even as other companies report strong earnings. Industrial companies including engine maker Cummins and pump and valve maker Flowserve are rising after they posted their first-quarter...
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People carry a large Puerto Rican flag as they protest looming austerity measures amid an economic crisis and demand an audit on the island's debt to identify those responsible, in San Juan, Puerto Rico, Monday, May 1, 2017. Puerto Rico is preparing to cut public employee benefits, increase tax revenue, hike water rates and privatize government operations, among other things. (AP Photo/Danica Coto)
May 02, 2017 - 9:57 am
SAN JUAN, Puerto Rico (AP) — Bondholders filed to sue Puerto Rico on Tuesday in the first legal challenges to hit the U.S. territory after a freeze on litigation that protected it from lawsuits expired amid a deep economic crisis. A group representing those who bought a portion of the $16 billion...
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May 02, 2017 - 9:00 am
SAN JUAN, Puerto Rico (AP) — Bondholders filed to sue Puerto Rico on Tuesday in the first legal challenge that hit the U.S. territory after a freeze on litigation that protected it from lawsuits expired amid a deep economic crisis. A group representing those who bought a portion of the $16 billion...
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A worker carries a cardboard box in front of an electronic stock indicator of a securities firm in Tokyo, Tuesday, May 2, 2017. Japan’s Nikkei 225 index advanced 0.7 percent, helped by a weaker yen, as shares were mostly higher in Asia early Tuesday after an upbeat day on Wall Street. (AP Photo/Shizuo Kambayashi)
May 02, 2017 - 8:20 am
LONDON (AP) — European stock markets pushed higher Tuesday following a long weekend after Greece reached a deal with creditors that will stave off the country's bankruptcy. Asian shares had struggled earlier following the release of weaker-than-expected China manufacturing data. KEEPING SCORE:...
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May 02, 2017 - 7:44 am
WASHINGTON (AP) — Republicans who eagerly awaited a GOP president so they could take a heavy knife to many of the regulatory requirements for banks, insurers and other financial institutions finally get their chance. The House Financial Services Committee, led by Texas Rep. Jeb Hensarling, is...
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May 02, 2017 - 6:35 am
SAN JUAN, Puerto Rico (AP) — Bondholders are taking action against Puerto Rico after a freeze on litigation that protected the U.S. territory from lawsuits expired amid an economic crisis. A group representing those who bought bonds backed by Puerto Rico's sales tax on filed a lawsuit Tuesday,...
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Protesters chant slogans in front of Riot police cordon outside a hotel where bailout inspectors were due to resume talks with the Greek government in Athens, on Monday, May 1, 2017. Several thousand protesters have gathered outside Greece's parliament as May Day rallies kicked off around the country, and unions braced for more austerity measures imposed by bailout lenders. (AP Photo/Thanassis Stavrakis)
May 02, 2017 - 4:39 am
ATHENS, Greece (AP) — Greece and its creditors have reached a deal that will restart bailout loan payments and keep the country from facing default and reigniting a eurozone crisis this summer, officials said Tuesday. Following months of tough negotiations, the sides agreed that Greece should make...
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May 02, 2017 - 4:17 am
WASHINGTON (AP) — Republicans who eagerly awaited a GOP president so they could take a heavy knife to many of the regulatory requirements for banks, insurers and other financial institutions finally get their chance. The House Financial Services Committee, led by Texas Rep. Jeb Hensarling, is...
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May 02, 2017 - 4:12 am
WASHINGTON (AP) — Some Republicans eagerly awaited a GOP president so they could take a heavy knife to many of the regulatory requirements for banks, insurers and other financial institutions. Now, they finally get their chance. The House Financial Services Committee is slated to begin work Tuesday...
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DAY 78 - In this April 7, 2017, file photo, President Donald Trump and Chinese President Xi Jinping pause for photographs at Mar-a-Lago, in Palm Beach, Fla. (AP Photo/Alex Brandon, File)
May 02, 2017 - 3:36 am
WASHINGTON (AP) — President Donald Trump has presented two arguments about why he's letting China off the hook from his campaign promise to label it a currency manipulator, an action that would have set the stage for a possible trade war if he had done it. One is based on realpolitik — the idea...
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