Banking and credit

FILE - In this March 8, 2018, file photo, Paul Manafort, left, President Donald Trump's former campaign chairman, walks with this wife Kathleen Manafort, as they arrive at the Alexandria Federal Courthouse in Alexandria, Va. Jury selection is set to begin in the trial of President Donald Trump’s former campaign chairman. (AP Photo/Jacquelyn Martin, File)
July 31, 2018 - 3:54 pm
ALEXANDRIA, Va. (AP) — The Latest on Paul Manafort's trial on tax evasion and bank fraud charges (all times local): 3:50 p.m. Prosecutors say President Donald Trump's former campaign chairman orchestrated a multimillion-dollar conspiracy to evade U.S. tax and banking laws, leaving behind a trail of...
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Treasury Secretary Steve Mnuchin, left, and Director of the Office of Management and Budget Mick Mulvaney listen as President Donald Trump delivers remarks about the economy on the South Lawn of the White House, Friday, July 27, 2018, in Washington. (AP Photo/Evan Vucci)
July 29, 2018 - 4:04 pm
WASHINGTON (AP) — President Donald Trump's top economic policymakers insisted Sunday that the robust growth marked in the April-June quarter will maintain its pace and that he respects the Federal Reserve's independence despite his condemnation of the central bank for raising interest rates. "We as...
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U.S. Treasury Secretary Steven Mnuchin attends a press gaggle with reporters in Buenos Aires, Argentina, Saturday, July 21, 2018. Mnuchin said Saturday that Donald Trump was not trying to put pressure on the Federal Reserve when he criticized its decision to raise interest rates. (AP Photo/Victor R. Caivano)
July 21, 2018 - 12:48 pm
BUENOS AIRES, Argentina (AP) — U.S. Treasury Secretary Steven Mnuchin said Saturday that the overall U.S. economy has not been harmed by the trade battles set off by President Donald Trump's get-tough policies although some individual sectors have been hurt. He said the administration was exploring...
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U.S. Treasury Secretary Steven Mnuchin, right, and Brazil's Finance Minister Eduardo Guardia, pose for a photo shaking hands, in Sao Paulo, Brazil, Friday, July 20, 2018. (AP Photo/Nelson Antoine)
July 21, 2018 - 10:53 am
BUENOS AIRES, Argentina (AP) — U.S. Treasury Secretary Steven Mnuchin said Saturday that Donald Trump was not trying to put pressure on the Federal Reserve when he criticized its decision to raise interest rates. Speaking to reporters on the sidelines of a Group of 20 meeting in Buenos Aires,...
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U.S. Treasury Secretary Steven Mnuchin, right, and Brazil's Finance Minister Eduardo Guardia, pose for a photo shaking hands, in Sao Paulo, Brazil, Friday, July 20, 2018. (AP Photo/Nelson Antoine)
July 21, 2018 - 10:46 am
BUENOS AIRES, Argentina (AP) — U.S. Treasury Secretary Steven Mnuchin says that Donald Trump was not trying to put pressure on the Federal Reserve when he criticized its decision to raise interest rates. Speaking to reporters Saturday on the sidelines of a Group of 20 meeting in Buenos Aires,...
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FILE - In this July 19, 2018 file photo, President Donald Trump speaks before signing an Executive Order that establishes a National Council for the American Worker during a ceremony in the East Room of the White House in Washington. Trump said he’s willing to hit all imported goods from China with tariffs, sending U.S. markets sliding before the opening bell, Friday, July 20. In a taped interview with the business channel CNBC, Trump said “I’m willing to go to 500,” referring roughly to the $505.5 in goods imported last year from China. (AP Photo/Andrew Harnik, File)
July 20, 2018 - 1:00 pm
The Latest on rising trade tensions following comments by President Donald Trump (all times local): _____ 11:50 a.m. White House Budget Director Mick Mulvaney is defending President Donald Trump's comment lamenting the Federal Reserve's action to raise U.S. interest rates. Mulvaney says he's sure...
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FILE - In this July 19, 2018 file photo, President Donald Trump speaks before signing an Executive Order that establishes a National Council for the American Worker during a ceremony in the East Room of the White House in Washington. Trump said he’s willing to hit all imported goods from China with tariffs, sending U.S. markets sliding before the opening bell, Friday, July 20. In a taped interview with the business channel CNBC, Trump said “I’m willing to go to 500,” referring roughly to the $505.5 in goods imported last year from China. (AP Photo/Andrew Harnik, File)
July 20, 2018 - 9:40 am
President Donald Trump has indicated that he's willing to hit every product imported from China with tariffs and again criticized the Federal Reserve, as well as some of the nation's biggest trading partners. The comments sent U.S. markets sliding early Friday. In a taped interview with the...
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People walk past a mural displaying world currency symbols on the outside of a bank in Beijing, Friday, July 20, 2018. China's central bank is allowing its tightly controlled yuan to drift lower against the dollar, a move that could help exporters cope with U.S. tariff hikes but raises the risk of reigniting an outflow of capital Beijing spent months trying to stanch. (AP Photo/Mark Schiefelbein)
July 20, 2018 - 4:50 am
BEIJING (AP) — China's central bank is allowing its tightly controlled currency to drift lower against the dollar, a move that could help Chinese exporters cope with U.S. tariff hikes but also might reignite an outflow of capital Beijing spent months trying to stanch. On Friday, the yuan dipped to...
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July 20, 2018 - 4:21 am
BEIJING (AP) — China's central bank is allowing its tightly controlled currency to drift lower against the dollar, a move that could help Chinese exporters cope with U.S. tariff hikes but raises the risk of reigniting an outflow of capital Beijing spent months trying to stanch. On Friday, the yuan...
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Federal Reserve Board Chair Jerome Powell testifies during a House Committee on Financial Services hearing, Wednesday, July 18, 2018, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
July 20, 2018 - 2:00 am
WASHINGTON (AP) — President Donald Trump on Thursday cast aside concerns about the Federal Reserve's independence, saying he was "not happy" with the Fed's recent interest rate increases. Trump told CNBC in an interview: "I don't like all of this work that we're putting into the economy and then I...
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