Financial services

A passenger walks past a closed Thomas Cook office at Palma de Mallorca airport on Monday, Sept. 23, 2019. Spain's airport operator AENA says that 46 flights have been affected by the collapse of the British tour company Thomas Cook, mostly in the Spanish Balearic and Canary archipelagos. (AP Photo/Francisco Ubilla)
September 25, 2019 - 7:51 am
FRANKFURT, Germany (AP) — The German and Polish units of collapsed tour operator Thomas Cook said Wednesday they were entering bankruptcy proceedings and shutting down normal business operations in the wake of the parent company entering liquidation in Britain. Germany's Thomas Cook said it was...
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A woman walks by an electronic stock board of a securities firm in Tokyo, Tuesday, Sept. 24, 2019. Shares have edged higher in Asia as U.S. Treasury Secretary Steven Mnuchin confirmed that China-U.S. trade talks were due to resume in two weeks’ time. The Shanghai Composite index rose 0.8% and shares also rose in Tokyo and Hong Kong. (AP Photo/Koji Sasahara)
September 24, 2019 - 4:54 am
BANGKOK (AP) — World shares edged higher on Tuesday after U.S. Treasury Secretary Steven Mnuchin confirmed that China-U.S. trade talks were due to resume in two weeks' time. Germany's DAX was flat at 12,346.21, while the CAC 40 in Paris rose 0.2% to 5,641.93. Britain's FTSE 100 also edged 0.1%...
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A man carrying a national flag walks with his colleagues past by a floral decoration for the 70th anniversary of the founding of the People's Republic of China, on display along Chang'an street in Beijing, Tuesday, Sept. 24, 2019. China's central bank governor says policy will stay "stable and healthy," suggesting Beijing has no plans to join the United States and Europe in cutting interest rates to stimulate economic growth. (AP Photo/Andy Wong)
September 24, 2019 - 4:02 am
BEIJING (AP) — China's central bank governor said Tuesday its monetary policy will stay "stable and healthy," suggesting Beijing has no plans to join the United States and Europe in cutting interest rates to stimulate economic growth amid a tariff war with Washington. The People's Bank of China...
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September 23, 2019 - 5:01 pm
A listless day on Wall Street ended Monday with major indexes closing little changed as modest gains from earlier in the afternoon faded in the final minutes of trading. The S&P 500 index slipped less than 0.1%, while the Nasdaq inched 0.1% lower. The Dow Jones Industrial Average notched a 0.1...
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European Central Bank President Mario Draghi addresses European Parliament members at the European Parliament in Brussels, Monday, Sept. 23, 2019. (AP Photo/Francisco Seco)
September 23, 2019 - 12:35 pm
FRANKFURT, Germany (AP) — The head of the European Central Bank says the economy in the 19-country eurozone is not showing signs of a rebound and urged governments to help by spending more on top of the central bank's latest package of stimulus measures. Mario Draghi said in remarks Monday before...
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During a trip organized by Saudi information ministry, a security guarder stands alert in front of Aramco's oil processing facility after the recent Sept. 14 attack on Aramco's oil processing facility in Abqaiq, near Dammam in the Kingdom's Eastern Province, Friday, Sept. 20, 2019. Saudi Arabia allowed journalists access Friday to the site of a missile-and-drone attack on a facility at the heart of the kingdom's oil industry, an assault that disrupted global energy supplies and further raised tensions between the U.S. and Iran. (AP Photo/Amr Nabil)
September 21, 2019 - 4:25 pm
TEHRAN, Iran (AP) — Iran's powerful Revolutionary Guard is ready for combat and "any scenario," its chief commander said Saturday, as the country's nuclear deal with world powers collapses and the U.S. alleged Iran was behind a weekend attack on major oil sites in Saudi Arabia that shook global...
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FILE - In this Sept. 16, 2019, file photo Gordon Charlop, center, and Christian Bader work at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Sept. 20. (AP Photo/Mark Lennihan, File)
September 20, 2019 - 3:51 pm
Stocks veered lower on Wall Street in afternoon trading Friday after reports that a Chinese delegation has cut short a visit to the U.S. fueled speculation that upcoming talks aimed at resolving the costly trade war between Washington and Beijing are in trouble. The selling, which erased modest...
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This Thursday, Oct. 16, 2014 file photo shows President and CEO of the Federal Reserve Bank of Boston Eric Rosengren in Chelsea, Mass. Rosengren,s who opposed the September 2019 quarter-point rate cut, says that the additional stimulus was not needed. (AP Photo/Michael Dwyer)
September 20, 2019 - 12:36 pm
WASHINGTON (AP) — Two Federal Reserve officials who dissented from this week's quarter-point rate cut on Friday highlighted the current deep divisions at the central bank. Eric Rosengren, head of the Fed's Boston regional bank and one of two officials who opposed the rate cut, said Friday that the...
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FILE - In this Aug. 22, 2019, file photo, signs on a bank of computers tell visitors that the machines are not working at the public library in Wilmer, Texas. Some cybersecurity professionals are concerned that insurance policies designed to limit the damage of ransomware attacks might actually be encouraging hackers. Twenty-two local governments in Texas were hit in August. (AP Photo/Tony Gutierrez, File)
September 20, 2019 - 11:36 am
CHICAGO (AP) — The call came on a Saturday in July delivering grim news: Many of the computer systems serving the government of LaPorte County, Indiana, had been taken hostage with ransomware. The hackers demanded $250,000. No way, thought County Commission President Vidya Kora. But less than a...
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FILE - In this Wednesday, Sept. 18, 2019 file photo, Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee in Washington. A peculiar thing is happening in financial markets this week _ a corner of the financial system where banks and others go for billions of dollars in short-term loans is suddenly in need of cash. To that end, the Federal Reserve has stepped in to inject about $200 billion into the market over the past three days, with plans for another $75 billion on Friday. (AP Photo/Patrick Semansky, File)
September 19, 2019 - 6:09 pm
WASHINGTON (AP) — A peculiar thing is happening in financial markets this week: an oft-overlooked corner of Wall Street where banks and others go for billions of dollars in short-term loans is suddenly in need of cash. To that end, the Federal Reserve has stepped in to inject about $200 billion...
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