Banking and credit

James Denaro, right, talks stock prices at the New York Stock Exchange, Monday, Dec. 10, 2018. (AP Photo/Mark Lennihan)
December 10, 2018 - 4:28 pm
NEW YORK (AP) — U.S. stocks remained volatile Monday as the market took a dive in early trading only to erase those losses later and end slightly higher. The Dow Jones Industrial Average lost as much as 507 points in early trading before ending with a gain of 34. Energy companies fell as the price...
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Indian business man Vijay Mallya takes a smoking break outside Westminster Magistrates Court in London, Monday, Dec. 10, 2018. A British judge is expected to rule Monday on whether wealthy Indian entrepreneur Vijay Mallya will be extradited to India to face fraud allegations. (AP Photo/Kirsty Wigglesworth)
December 10, 2018 - 11:23 am
LONDON (AP) — A British court handed charismatic Indian tycoon Vijay Mallya a substantial setback Monday by ruling he should be extradited to India to face financial fraud allegations. Judge Emma Arbuthnot Monday endorsed the Indian government's request for Mallya's extradition and said she would...
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Indian business man Vijay Mallya takes a smoking break outside Westminster Magistrates Court in London, Monday, Dec. 10, 2018. A British judge is expected to rule Monday on whether wealthy Indian entrepreneur Vijay Mallya will be extradited to India to face fraud allegations. (AP Photo/Kirsty Wigglesworth)
December 10, 2018 - 8:28 am
LONDON (AP) — A British court has ordered that charismatic Indian tycoon Vijay Mallya should face extradition to India on financial fraud allegations. Judge Emma Arbuthnot said Monday she would send the case to Britain's Home Secretary for review and action. She said there were substantial...
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December 10, 2018 - 7:52 am
NEW DELHI (AP) — The head of India's central bank resigned Monday amid a growing split between the Indian government and the independent monetary policy authority. Reserve Bank of India Gov. Urjit Patel said in a statement posted on the bank's website that he was resigning for personal reasons. The...
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December 10, 2018 - 7:50 am
NEW DELHI (AP) — The head of India's central bank has resigned amid a growing split between the Indian government and the independent monetary policy authority. Reserve Bank of India Gov. Urjit Patel said in a statement posted on the bank's website Monday that he was resigning for personal reasons...
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FILE- In this Nov. 20, 2018, file photo an American flag flies outside New York Stock Exchange. The stock market hasn’t been this dizzying in years, and investors may need to get used to it. The S&P 500 slid 4.6 percent this past week as worries piled up about the economy’s strength, global trade and interest rates. It was an abrupt turnaround from the prior week, when the S&P 500 jumped 4.8 percent. The last time investors experienced such a big swing in stock prices between two weeks was in late 2011. (AP Photo/Mary Altaffer, File)
December 07, 2018 - 6:27 pm
NEW YORK (AP) — The stock market hasn't been this dizzying in years, and investors may need to get used to it. The S&P 500 slid 4.6 percent this past week as worries piled up about the economy's strength, global trade and interest rates. It was a whiplash-inducing reversal from the prior week,...
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FILE- In this Dec. 3, 2018, file photo trader Michael Milano, right, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Dec. 7. (AP Photo/Richard Drew, File)
December 07, 2018 - 6:24 pm
Wall Street capped a turbulent week of trading Friday with the biggest weekly loss since March as traders fret over rising trade tensions between Washington and Beijing and signals of slower economic growth. The latest wave of selling erased more than 550 points from the Dow Jones Industrial...
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FILE - In this Jan. 30, 2018 file photo, a job applicant talks with company representatives at a JobNewsUSA job fair in Miami Lakes, Fla. Jobs report on Friday, Dec. 7, for November is expected to point to a solid economy for most Americans, with steady hiring, a low unemployment rate and faster wage gains. If so, it would provide a dose of welcome news after this week’s frantic financial market gyrations, which have been driven by concerns that the U.S.-China trade war could escalate and weaken a U.S. economy already facing higher interest rates and slowing global growth. (AP Photo/Lynne Sladky, File)
December 07, 2018 - 11:00 am
WASHINGTON (AP) — U.S. employers added 155,000 jobs in November, a slowdown from recent months but enough to suggest that the economy is expanding at a solid pace despite sharp gyrations in the stock market. The Labor Department said Friday that the unemployment rate remained 3.7%, nearly a five-...
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FILE - In this Jan. 30, 2018 file photo, a job applicant talks with company representatives at a JobNewsUSA job fair in Miami Lakes, Fla. Jobs report on Friday, Dec. 7, for November is expected to point to a solid economy for most Americans, with steady hiring, a low unemployment rate and faster wage gains. If so, it would provide a dose of welcome news after this week’s frantic financial market gyrations, which have been driven by concerns that the U.S.-China trade war could escalate and weaken a U.S. economy already facing higher interest rates and slowing global growth. (AP Photo/Lynne Sladky, File)
December 07, 2018 - 9:15 am
WASHINGTON (AP) — U.S. employers added 155,000 jobs in November, a slowdown from recent months but enough to suggest that the economy is expanding at a solid pace despite sharp gyrations in the stock market. The Labor Department said Friday that the unemployment rate remained 3.7%, nearly a five-...
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December 06, 2018 - 7:11 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Thursday that the U.S. economy overall is strong but many rural areas are falling farther behind. In remarks Thursday to a rural housing conference, Powell said unemployment in the poorest rural counties is more than double the national...
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