Banking and credit

FILE- In this July 18, 2018, file photo Federal Reserve Board Chair Jerome Powell put on his glasses while testifying during a House Committee on Financial Services hearing on Capitol Hill in Washington. Powell gives the keynote address Friday, Aug. 24, at an annual conference of central bankers in Jackson Hole, Wyo. (AP Photo/Jacquelyn Martin, File)
August 23, 2018 - 4:12 pm
WASHINGTON (AP) — A top Federal Reserve official said Thursday that she favors two more interest rate increases this year despite complaints from President Donald Trump that the Fed's continuing rate hikes risk slowing the U.S. economy. Esther George, president of the Fed's Kansas City regional...
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Britain's Secretary of State for Exiting the European Union, Dominic Raab delivers his speech outlining the government's plans for a no-deal Brexit in London, Thursday, Aug. 23, 2018. The British government says it will unilaterally accept some European Union rules and give EU financial services firms continued access to the U.K. market in order to maintain stability if the country crashes out of the bloc without a deal. (Peter Nicholls/Pool Photo via AP)
August 23, 2018 - 12:32 pm
LONDON (AP) — Businesses could face red tape at the border, customers could see higher credit card fees, patients could endure delays to medical treatment and there could even be a sperm shortage if Britain leaves the European Union next year without a deal, the U.K. government acknowledged...
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Britain's Secretary of State for Exiting the European Union, Dominic Raab delivers his speech outlining the government's plans for a no-deal Brexit in London, Thursday, Aug. 23, 2018. The British government says it will unilaterally accept some European Union rules and give EU financial services firms continued access to the U.K. market in order to maintain stability if the country crashes out of the bloc without a deal. (Peter Nicholls/Pool Photo via AP)
August 23, 2018 - 12:19 pm
LONDON (AP) — Businesses could face red tape at the border, customers could see higher credit card fees, patients could face delays to medical treatment and there could even be a sperm shortage if Britain leaves the European Union next year without a deal, the U.K. government acknowledged Thursday...
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Britain's Secretary of State for Exiting the European Union, Dominic Raab delivers his speech outlining the government's plans for a no-deal Brexit in London, Thursday, Aug. 23, 2018. The British government says it will unilaterally accept some European Union rules and give EU financial services firms continued access to the U.K. market in order to maintain stability if the country crashes out of the bloc without a deal. (Peter Nicholls/Pool Photo via AP)
August 23, 2018 - 11:35 am
LONDON (AP) — Businesses could face red tape at the border, patients could face delays to medical treatment and customers could see higher credit-card fees if Britain leaves the European Union next year without a deal, the U.K. government acknowledged Thursday in documents outlining its plans for a...
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August 23, 2018 - 11:32 am
FRANKFURT, Germany (AP) — A German news media report has stirred new speculation about who will succeed Mario Draghi as head of the European Central Bank, one of the world's most powerful economic policy posts. Citing unnamed government sources, the Handelsblatt business publication reported...
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FILE - In this Thursday, May 24, 2018 file photo, President of the European Central Bank Mario Draghi arrives for an eurogroup meeting at the Europa building in Brussels. A German news media report has stirred new speculation about who will succeed Mario Draghi as head of the European Central Bank, one of the globe’s most powerful economic policy jobs. The Handelsblatt business publication citing government sources reported Thursday, Aug. 23, 2018 that Chancellor Angela Merkel is willing to drop plans to push for Jens Weidmann, the head of Germany’s national central bank, the Bundesbank. (AP Photo/Geert Vanden Wijngaert, file)
August 23, 2018 - 11:18 am
FRANKFURT, Germany (AP) — A German news media report has stirred new speculation about who will succeed Mario Draghi as head of the European Central Bank, one of the world's most powerful economic policy posts. Citing unnamed government sources, the Handelsblatt business publication reported...
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FILE - This April 2017 file photo provided by NerdWallet shows Brianna McGurran, a columnist for personal finance website NerdWallet.com. "Ask Brianna" is a Q&A column for 20-somethings, or anyone else starting out. (NerdWallet via AP, File)
August 23, 2018 - 10:53 am
Sure, your college may allow students to pay for tuition and fees with a credit card. But, like partying the night before a midterm, it's probably not a good idea. Paying for anything with plastic requires a plan to get rid of your balance fast. That keeps interest charges from piling up. Plus,...
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August 23, 2018 - 10:38 am
WASHINGTON (AP) — Republican lawmakers are calling for Iran to be expelled from the main financial system that oversees international bank transfers, as the Trump administration steadily re-imposes sanctions on the country following the U.S. withdrawal from the Iran nuclear deal. A group of 16 GOP...
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August 23, 2018 - 10:12 am
MOSCOW (AP) — The Russian Central Bank said Thursday it will halt foreign currency purchases, a move that helped the ruble to recover from its lowest level against the dollar since 2016. The ruble, which had endured another day of turbulence amid the threat of further U.S. sanctions, made gains...
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August 23, 2018 - 9:59 am
FRANKFURT, Germany (AP) — European Central Bank policymakers are viewing slower than expected growth as a temporary hiccup and believe that the 19-country eurozone's upswing remains solid amid strengthening wage growth. The written account of the bank's July 26 meeting, released Thursday, says...
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