Financial services

This Thursday, Nov. 29, 2018, photo shows a Wells Fargo bank location in Philadelphia. JPMorgan Chase & Co. reports financial results Tuesday, Oct. 14, 2019. (AP Photo/Matt Rourke)
October 15, 2019 - 7:35 am
NEW YORK (AP) — JPMorgan Chase & Co. said Tuesday that its profits grew by 8% in the third quarter, helped partly by higher interest rates and a better-than-expected performance in its investment banking business. The nation's largest bank by assets said it earned $9.08 billion, or $2.68 per...
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FILE - In this Jan. 30, 2010, file photo, Vice President Joe Biden, left, with his son Hunter, right, at the Duke Georgetown NCAA college basketball game in Washington. Since the early days of the United States, leading politicians have had to contend with awkward problems posed by their family members. Joe Biden is the latest prominent politician to navigate this tricky terrain. (AP Photo/Nick Wass, File)
October 14, 2019 - 1:07 pm
NEW YORK (AP) — Facing intense scrutiny from President Donald Trump and his Republican allies, Hunter Biden says he will step down from the board of directors of a Chinese-backed private equity firm at the end of the month as part of a pledge not to work on behalf of any foreign-owned companies...
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FILE - In this Jan. 30, 2010, file photo, Vice President Joe Biden, left, with his son Hunter, right, at the Duke Georgetown NCAA college basketball game in Washington. Since the early days of the United States, leading politicians have had to contend with awkward problems posed by their family members. Joe Biden is the latest prominent politician to navigate this tricky terrain. (AP Photo/Nick Wass, File)
October 13, 2019 - 7:18 pm
WASHINGTON (AP) — The Latest on Hunter Biden, son of Democratic presidential candidate Joe Biden (all times local): 7 p.m. Joe Biden is laying out some ethical markers should he become president. He says that in a Biden White House, his family members would not be allowed to have any business...
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FILE - In this Jan. 30, 2010, file photo, Vice President Joe Biden, left, with his son Hunter, right, at the Duke Georgetown NCAA college basketball game in Washington. Since the early days of the United States, leading politicians have had to contend with awkward problems posed by their family members. Joe Biden is the latest prominent politician to navigate this tricky terrain. (AP Photo/Nick Wass, File)
October 13, 2019 - 6:35 pm
NEW YORK (AP) — Facing intense scrutiny from President Donald Trump and his Republican allies, Hunter Biden said Sunday he will step down from the board of directors of a Chinese-backed private equity firm at the end of the month as part of a pledge not to work on behalf of any foreign-owned...
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October 11, 2019 - 1:39 pm
WASHINGTON (AP) — The Federal Reserve said Friday that it will buy short-term Treasury bills each month until the second quarter of 2020 to inject cash into the banking system and make it easier to control its benchmark lending rate. The action marks the Fed's latest response to a shortage of cash...
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FILE - In this Jan. 30, 2019, file photo Federal Reserve Chairman Jerome Powell speaks at a news conference in Washington. The Federal Reserve has approved a package of rules that will ease restrictions imposed on banks following the 2008 financial crisis, giving a victory to the banking industry and President Donald Trump, a vocal critic of the more stringent rules. (AP Photo/Alex Brandon, File)
October 10, 2019 - 5:01 pm
WASHINGTON (AP) — The Federal Reserve is easing restrictions imposed on banks following the 2008 financial crisis, giving a victory to the banking industry and President Donald Trump. The Fed on Thursday approved a set of rule changes that implement legislation passed by Congress last year to...
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The European Central Bank is seen next to the river Main in Frankfurt, Germany, late Wednesday, Oct. 2, 2019. (AP Photo/Michael Probst)
October 10, 2019 - 10:27 am
FRANKFURT, Germany (AP) — European Central Bank officials haggled extensively over several parts of the stimulus package decided at their last meeting, with dissenters objecting to bond purchases that pump newly created money into the economy. The written account of the meeting released Thursday...
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FILE - In this Oct. 4, 2019, file photo Federal Reserve Chairman Jerome Powell attends a panel at the Federal Reserve Board Building in Washington. On Wednesday, Oct. 9, the Federal Reserve releases minutes from its September meeting when it cut interest rates for a second time this year. (AP Photo/Jacquelyn Martin, File)
October 09, 2019 - 2:33 pm
WASHINGTON (AP) — Federal Reserve officials were sharply divided last month when they decided to cut their key policy rate for a second time this year, a split that indicates the path forward for future rate cuts remains cloudy. Minutes of the discussion at the September meeting released Wednesday...
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Anti Brexit protesters demonstrate through the streets as part of the Reject Brexit-Defend Our Democracy protest, in Manchester, England, Sunday Sept. 29, 2019. The ruling Conservative Party is committed to Britain's Brexit split from the European Union to leave on the scheduled date of Oct. 31, as they hold the annual party conference in Manchester. (Peter Byrne/PA via AP)
October 09, 2019 - 6:17 am
LONDON (AP) — The U.K. financial system is prepared to cope with a no-deal Brexit, though uncertainties about the country's withdrawal from the European Union are weighing hard on the wider economy, the Bank of England said Wednesday. The bank's Financial Policy Committee, which assesses financial...
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In this, Monday, Oct. 7, 2019 photo, David Schaecter, president of the Holocaust Survivors Foundation USA (HSF), gestures as he speaks during an interview with The Associated Press in Aventura, Fla. Aging Holocaust survivors are trying to recover insurance benefits that were never honored by Nazi-era companies, which could be worth billions of dollars. The companies have demanded original paperwork, such as death certificates, that were not available after World War II. The survivors want to take insurance companies to court in the U.S. to recover the money, but it would take an act of Congress to allow it. (AP Photo/Wilfredo Lee)
October 08, 2019 - 5:00 pm
AVENTURA, Fla. (AP) — When David Schaecter was a child in Slovakia in the 1930s, he counted more than 100 people in his extended family. By the end of World War II, he alone survived. The rest had been killed in Nazi concentration camps or by roving SS death squads. Schaecter lost not only his...
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