Financial crisis

October 10, 2019 - 2:43 pm
WASHINGTON (AP) — 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. The Fed's rule changes approved...
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Specialists Mario Picone, left, and Anthony Rinaldi work on the floor of the New York Stock Exchange, Monday, Oct. 7, 2019. Stocks are opening broadly lower on Wall Street, extending the market's losing streak into a fourth week. (AP Photo/Richard Drew)
October 07, 2019 - 1:07 pm
Stocks veered modestly higher on Wall Street Monday afternoon following a choppy day of trading that had the market on track to recoup some of its losses from last week. Communication services stocks, technology companies and banks drove much of the gains, offsetting losses in consumer product...
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FILE - In this May 23, 2019, file photo, customers shop near a section selling Marvel Avengers toys by American toymaker Hasbro at a toy store in Beijing. The nation's business economists think President Donald Trump's trade war with China will contribute to a sharp slowdown in economic growth this year and next, raising concerns about a possible recession starting late next year. (AP Photo/Andy Wong, File)
October 07, 2019 - 2:37 am
WASHINGTON (AP) — The nation's business economists think President Donald Trump's trade war with China will contribute to a sharp slowdown in economic growth this year and next, raising concerns about a possible recession starting late next year. The latest survey by a panel of 51 forecasters with...
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Portuguese Prime Minister and Socialist Party leader Antonio Costa celebrates after wining the Portugal election, in Lisbon Sunday night, Oct. 6, 2019. Portugal's center-left Socialist Party has collected the most votes in Sunday's general election, leaving it poised to continue in government for another four years. (AP Photo/Armando Franca)
October 06, 2019 - 6:51 pm
LISBON, Portugal (AP) — The center-left Socialist Party got the most votes in Portugal's general election Sunday, leaving it poised to continue leading the government for another four years. With 226 seats in the 230-seat parliament awarded in the official count, the Socialists reached 106 seats,...
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People walk home in the dark due to power shortages in Harare, on Monday Sept. 30, 2019. Zimbabwean President Emmerson Mnangagwa is set to present a State of the Nation address Tuesday, at a time the southern African nation is reeling from its worst economic crisis in more than a decade. Zimbabweans are enduring shortages of everything from medicines, fuel, cash and water- bringing a weariness and disgust that has often flared into streets protests. (AP Photo/Tsvangirayi Mukwazhi)
October 01, 2019 - 7:49 am
HARARE, Zimbabwe (AP) — Zimbabwe's opposition lawmakers walked out of Parliament on Tuesday as President Emmerson Mnangagwa presented his state of the nation address, a sign of the political tensions still gripping the country. The opposition Movement for Democratic Change party said it does not...
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FILE - In this Sept. 18, 2019, photo stock prices are displayed at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, Sept. 30. (AP Photo/Mark Lennihan, File)
September 30, 2019 - 4:40 pm
NEW YORK (AP) — U.S. stocks climbed on Monday and gave one last nudge to ensure the S&P 500 emerged from yet another tumultuous quarter with a modest gain. As has been the case throughout the quarter, movements in President Donald Trump's trade war with China helped drive the market on Monday...
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September 30, 2019 - 9:28 am
BEIJING (AP) — China warned the U.S. against trying to limit investment ties between the two countries, even as the Trump administration contradicted a report that Washington might be considering removing Chinese companies from American stock exchanges. The foreign ministry appealed to Washington...
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An anti-government protester makes victory sign next to tires that were set on fire to block a road during a demonstration, in Beirut, Lebanon, Sunday, Sept. 29, 2019. Hundreds of Lebanese are protesting an economic crisis that has worsened over the past two weeks, with a drop in the local currency for the first time in more than two decades. (AP Photo/Bilal Hussein)
September 29, 2019 - 10:10 am
BEIRUT (AP) — Hundreds of Lebanese protested Sunday in the country's capital and other areas over an economic crisis that worsened over the past two weeks, with worries over dollar-reliant Lebanon's local currency losing value for the first time in more than two decades. Lebanon is facing a deep-...
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Zimbabwe's President Emmerson Dambudzo Mnangagwa addresses the 74th session of the United Nations General Assembly, Wednesday, Sept. 25, 2019, at the U.N. headquarters. (AP Photo/Frank Franklin II)
September 25, 2019 - 8:24 pm
UNITED NATIONS (AP) — The Latest on the U.N. General Assembly's annual gathering of world leaders (all times local): 9:10 p.m. Zimbabwe's President Emmerson Mnangagwa is appealing for patience for his efforts to pull his country out of an economic collapse, and called on the U.S. and Europe to lift...
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FILE - In this April 18, 2018, file photo, the World Bank CEO Kristalina Georgieva speaks at the World Bank/IMF annual spring meeting in Washington. Georgieva, a top official at the World Bank, was chosen by the IMF’s executive board on Wednesday to become the IMF’s managing director. She succeeds Christine Lagarde who is stepping down to take over as head of the European Central Bank. (AP Photo/Jose Luis Magana, File)
September 25, 2019 - 6:00 pm
WASHINGTON (AP) — A Bulgarian economist who grew up when her country was a communist nation has been selected to be the next leader of one of capitalism's premier institutions, the 189-nation International Monetary Fund. Kristalina Georgieva, a top World Bank official, was chosen by the IMF's...
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