Banking and credit

FILE - In this March 25, 2019, file photo White House adviser Jared Kushner listens during a proclamation signing with President Donald Trump and Israeli Prime Minister Benjamin Netanyahu in the Diplomatic Reception Room at the White House in Washington. Kushner will present the economic portion of his Mideast peace plan on June 25 in Bahrain, with some key players missing. (AP Photo/Susan Walsh, File)
June 26, 2019 - 2:18 am
MANAMA, Bahrain (AP) — The heads of international financial institutions and global investors are addressing a conference intended to boost a $50 billion U.S. economic plan for the Palestinians. Despite widespread doubts about the proposal, which has been rejected by the Palestinians, the chiefs of...
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Federal Reserve Chair Jerome Powell speaks on the economy outlook and monetary policy review at the Council on Foreign Relations, in New York, Tuesday, June 25, 2019. (AP Photo/Richard Drew)
June 25, 2019 - 3:48 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday the economic outlook has become cloudier since early May, with rising uncertainties over trade and global growth causing the central bank to reassess its next move on interest rates. Speaking to the Council on Foreign Relations...
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Federal Reserve Chair Jerome Powell speaks on the economy outlook and monetary policy review at the Council on Foreign Relations, in New York, Tuesday, June 25, 2019. (AP Photo/Richard Drew)
June 25, 2019 - 3:41 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday the economic outlook has become cloudier since early May, with rising uncertainties over trade and global growth causing the central bank to reassess its next move on interest rates. Speaking to the Council on Foreign Relations...
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FILE - In this May 1, 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. On Tuesday, June 25, Powell is scheduled to speak on the economy outlook and monetary policy review at the Council on Foreign Relations in New York. (AP Photo/Patrick Semansky, File)
June 25, 2019 - 1:16 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday the economic outlook has become cloudier since early May, with rising uncertainties over trade and global growth causing the central bank to reassess its next move on interest rates. Speaking to the Council on Foreign Relations...
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FILE - In this May 1, 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. On Tuesday, June 25, Powell is scheduled to speak on the economy outlook and monetary policy review at the Council on Foreign Relations in New York. (AP Photo/Patrick Semansky, File)
June 25, 2019 - 1:00 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says the economic outlook has become cloudier since early May, with rising uncertainties over trade and global growth causing the central bank to reassess its next move on interest rates. Speaking to the Council on Foreign Relations in New...
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June 24, 2019 - 2:24 am
WELLINGTON, New Zealand (AP) — New Zealand remains one of the few developed countries where people with bank savings have no recourse if their bank fails, but the government says that's about to change. Finance Minister Grant Robertson on Monday announced plans for a program aimed at individual...
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FILE- This May 11, 2012, file photo, shows a Capital One Bank office, in New York. All 18 of the nation's largest and most complex banks are strong enough to withstand a severe economic downturn and would be able to stay in business without collapsing, the Federal Reserve said Friday, June 21, 2019. Capital One, which has a large commercial banking business, was the most negatively impacted by the Fed's scenario but still remained more than well capitalized under the Fed's qualifications (AP Photo/Mark Lennihan, File)
June 21, 2019 - 5:27 pm
NEW YORK (AP) — All 18 of the nation's largest and most complex banks are strong enough to withstand a severe economic downturn and would be able to stay in business without collapsing, the Federal Reserve said Friday. The results are from the first round of the central bank's annual stress tests,...
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June 21, 2019 - 4:37 pm
NEW YORK (AP) — The Federal Reserve is saying that 18 of the nation's largest and most complex banks passed its stress tests and are strong enough to withstand a severe economic downturn. The banks have benefited from an improving economy and have balance sheets strong enough to withstand a deep...
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FILE - In this June 11, 2019, file photo specialist Anthony Rinaldi talks with colleagues on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, June 21. (AP Photo/Richard Drew, File)
June 21, 2019 - 2:12 pm
Major U.S. stock indexes moved mostly lower in afternoon trading Friday as a weeklong rally fizzled out a day after the market hit an all-time high. The benchmark S&P 500 index was still on track to notch its third straight weekly gain following four consecutive weekly losses. Trading was muted...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, June 21, 2019. Shares retreated in Asia on Friday after a broad rally for stocks drove the S&P 500 index to an all-time high as weak manufacturing data from Japan helped dampen investor sentiment. (AP Photo/Ahn Young-joon)
June 21, 2019 - 3:41 am
BANGKOK (AP) — Shares retreated in Asia on Friday after a broad rally for stocks drove the S&P 500 index to an all-time high, as weak manufacturing data from Japan helped dampen investor sentiment. Japan's Nikkei 225 index lost 1.0% to 21,258.64 and the Hang Seng in Hong Kong dropped 0.5% to 28...
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