Banking and credit

FILE - In this Dec. 13, 2016, file photo, the logo for Goldman Sachs appears above a trading post on the floor of the New York Stock Exchange. Goldman Sachs reports earnings Tuesday, July 17, 2018. (AP Photo/Richard Drew, File)
July 17, 2018 - 8:21 am
NEW YORK (AP) — Goldman Sachs' profits jumped 44 percent in the second quarter compared with a year ago, driven by the investment bank's core franchises: advising companies on mergers, acquisitions and other deals, and its trading business. The New York-based bank said Tuesday that earnings reached...
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FILE - In this Dec. 13, 2016, file photo, the logo for Goldman Sachs appears above a trading post on the floor of the New York Stock Exchange. Goldman Sachs reports earnings Tuesday, July 17, 2018. (AP Photo/Richard Drew, File)
July 17, 2018 - 8:08 am
NEW YORK (AP) — Goldman Sachs says profits jumped 44 percent in the second quarter compared with a year ago, driven by the investment bank's core franchises: advising companies on mergers, acquisitions and other deals, and its trading business. The New York-based bank said Tuesday that earnings...
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July 16, 2018 - 7:01 am
FRANKFURT, Germany (AP) — An international forum on financial regulation say virtual currencies such as bitcoin do not pose a threat to global stability but require "vigilant monitoring" as the market is changing rapidly. The Financial Stability Board added that that the highly volatile currencies...
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FILE- In this June 13, 2018, file photo, Federal Reserve Chair Jerome Powell speaks to the media after the Federal Open Market Committee meeting in Washington. The Federal Reserve says it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace over the next two years. By late 2019, the Fed says its key policy rate should be at a level that will be slightly restrictive for growth. (AP Photo/Jacquelyn Martin, File)
July 13, 2018 - 11:36 am
WASHINGTON (AP) — The Federal Reserve said Friday it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace over the next two years. By late 2019, the Fed says its key policy rate should be at a level that will be slightly restrictive for...
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FILE- In this May 17, 2018, file photo, the logo for Wells Fargo appears above a trading post on the floor of the New York Stock Exchange. Wells Fargo reports earnings Friday, July 13, 2018. (AP Photo/Richard Drew, File)
July 13, 2018 - 9:23 am
SAN FRANCISCO (AP) — Wells Fargo & Co., which has been mired in investigations related to its business practices since 2016, said Friday that its second-quarter earnings fell to $5.19 billion from $5.86 billion a year ago. The bank also revised its first-quarter earnings downward after agreeing...
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FILE - In this Wednesday, June 13, 2018, file photo, Federal Reserve Chair Jerome Powell arrives to a news conference after the Federal Open Market Committee meeting, in Washington. Powell says the economy is in a "good place" at the moment with low unemployment and inflation rising toward the Fed's optimal range. But he says rising trade tensions and higher tariffs could end up being a drag on growth. (AP Photo/Jacquelyn Martin, File)
July 12, 2018 - 6:00 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Thursday that the economy is in a "good place" at the moment with low unemployment and inflation rising toward the Fed's optimal range. But he says rising trade tensions and higher tariffs could end up being a drag on growth. In an...
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FILE - In this Wednesday, June 13, 2018, file photo, Federal Reserve Chair Jerome Powell arrives to a news conference after the Federal Open Market Committee meeting, in Washington. Powell says the economy is in a "good place" at the moment with low unemployment and inflation rising toward the Fed's optimal range. But he says rising trade tensions and higher tariffs could end up being a drag on growth. (AP Photo/Jacquelyn Martin, File)
July 12, 2018 - 5:56 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Thursday that the economy is in a "good place" at the moment with low unemployment and inflation rising toward the Fed's optimal range. But he says rising trade tensions and higher tariffs could end up being a drag on growth. In an...
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Ukraine's President Petro Poroshenko attends a press conference with NATO Secretary-General Jens Stoltenberg during a summit of heads of state and government at NATO headquarters in Brussels, Belgium, Thursday, July 12, 2018. NATO leaders gather in Brussels for a two-day summit. (AP Photo/Geert Vanden Wijngaert)
July 12, 2018 - 3:00 pm
MINSK, Belarus (AP) — Ukraine's parliament has adopted a measure to expand the powers of the country's new anti-corruption court, meeting an International Monetary Fund condition for restoring aid. The measure adopted Thursday by parliament would extend the jurisdiction of the court, which was...
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FILE - In this Sept. 24, 2014 fiel photo the new headquarters of the European Central Bank (ECB), building at right, is reflected in the River Main in Frankfurt, Germany. (AP Photo/Michael Probst, file)
July 12, 2018 - 10:27 am
FRANKFURT, Germany (AP) — Top officials at the European Central Bank expressed confidence at their last policy meeting that the eurozone economy remains "broadly on track" but expressed concern that rising trade protectionism could dampen business confidence and blunt the recovery. The assessment...
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FILE - In this Sept. 24, 2014 fiel photo the new headquarters of the European Central Bank (ECB), building at right, is reflected in the River Main in Frankfurt, Germany. (AP Photo/Michael Probst, file)
July 12, 2018 - 7:37 am
BRUSSELS (AP) — Top officials at the European Central Bank expressed confidence at their last policy meeting that the eurozone economy remains "broadly on track" but expressed concern that rising trade protectionism could dampen business confidence and blunt the recovery. The assessment was...
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