Financial markets

FILE- In this March 13, 2019, file photo traders gather at the post that handles Oaktree Capital Group on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, March 22. (AP Photo/Richard Drew, File)
March 22, 2019 - 4:31 pm
NEW YORK (AP) — Stocks are sliding on Wall Street Friday and bond yields are moving sharply lower as investors worry that global economic growth is slowing. Banks and technology companies led the declines, which wiped out the market's gains for the week. Citigroup led a slump in banks with a 4.9...
Read More
President Donald Trump talks with reporters before boarding Marine One on the South Lawn of the White House, Friday, March 22, 2019, in Washington. (AP Photo/Evan Vucci)
March 22, 2019 - 4:10 pm
WASHINGTON (AP) — President Donald Trump says he will nominate Stephen Moore, a prominent conservative economist, to fill a vacancy on the Federal Reserve's seven-member board. Moore served as an economic adviser to Donald Trump during the 2016 presidential campaign, helping to draft Trump's tax...
Read More
FILE- In this March 13, 2019, file photo traders gather at the post that handles Oaktree Capital Group on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, March 22. (AP Photo/Richard Drew, File)
March 22, 2019 - 12:46 pm
NEW YORK (AP) — One of the most closely watched predictors of a potential recession just yelped even louder. The signal lies within the bond market, where investors show how confident they are about the economy by their level of demand for U.S. government bonds. It's called the "yield curve," and a...
Read More
FILE- In this March 12, 2019, file photo a handheld device of trader Sal Suarino is reflected in his glasses as he works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, March 21. (AP Photo/Richard Drew, File)
March 21, 2019 - 4:12 pm
Technology companies powered a broad rally for U.S. stocks Thursday, snapping the market's two-day losing streak. Apple and chipmakers led the wave of buying, helping to drive the technology sector to an overall gain of 2.5 percent. The sector is up 21.1 percent this year so far, well ahead of the...
Read More
A woman stands in front of an electronic board showing Hong Kong share index outside a bank in Hong Kong, Thursday, March 21, 2019. Shares in Asia are mostly higher after the Federal Reserve said it has ruled out interest rate increases for this year. (AP Photo/Kin Cheung)
March 21, 2019 - 7:46 am
BANGKOK (AP) — Shares advanced across Asia on Thursday after the Federal Reserve said it has ruled out interest rate increases for this year. The Shanghai Composite index rose 0.9 percent to 3,119.72 while Hong Kong's Hang Seng gained 0.2 percent to 29,371.12. South Korea's Kospi climbed 0.5...
Read More
A woman stands in front of an electronic board showing Hong Kong share index outside a bank in Hong Kong, Thursday, March 21, 2019. Shares in Asia are mostly higher after the Federal Reserve said it has ruled out interest rate increases for this year. (AP Photo/Kin Cheung)
March 21, 2019 - 12:48 am
BANGKOK (AP) — Shares in Asia were mostly higher on Thursday after the Federal Reserve said it has ruled out interest rate increases for this year. The Shanghai Composite index advanced 0.6 percent to 3,109.48 while Hong Kong's Hang Seng gained 0.2 percent to 29,365.55. South Korea's Kospi climbed...
Read More
Federal Reserve Chair Jerome Powell listens to a reporter's question during a news conference in Washington, Wednesday, March 20, 2019. (AP Photo/Susan Walsh)
March 20, 2019 - 3:58 pm
WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged Wednesday and projected no rate hikes this year, reflecting a dimmer view of the economy as growth weakens in the United States and abroad. The Fed said it was keeping its benchmark rate — which can influence everything from...
Read More
A BMWi car is pictured during the earnings press conference in Munich, Germany, Wednesday, March 20, 2019. (AP Photo/Matthias Schrader)
March 20, 2019 - 7:57 am
FRANKFURT, Germany (AP) — German automaker BMW said Wednesday that profits in 2019 would be "well below" last year's and that it planned to cut 12 billion euros ($13.6 billion) in costs by the end of 2022 to offset spending on new technology. The company said profits would be eroded by higher raw...
Read More
Chinese investors monitor stock prices at a brokerage house in Beijing, Wednesday, March 20, 2019. Markets in Asia are mostly lower after a lackluster day of trading on Wall Street.(AP Photo/Mark Schiefelbein)
March 20, 2019 - 1:38 am
BANGKOK (AP) — Shares were mixed in Asia on Wednesday ahead of the Federal Reserve's policy statement. Fresh news on China-U.S. trade talks raised spirits, helping Chinese benchmarks to trim early losses. The Shanghai Composite was flat at 3,090.62 and Hong Kong's Hang Seng fell 0.2 percent to 29,...
Read More
Chinese investors monitor stock prices at a brokerage house in Beijing, Wednesday, March 20, 2019. Markets in Asia are mostly lower after a lackluster day of trading on Wall Street.(AP Photo/Mark Schiefelbein)
March 19, 2019 - 11:11 pm
BANGKOK (AP) — Markets in Asia are mostly lower after a lackluster day of trading on Wall Street. Mixed signals on the progress of China-U.S. trade talks also revived caution in Chinese markets. The Shanghai Composite lost 1 percent to 3,059.17 in early trading Wednesday and Hong Kong's Hang Seng...
Read More

Pages