Banking and credit

Police arrive on a street laid with bricks by protesters in Hong Kong, Wednesday, Jan. 1, 2020. Hong Kong toned down its New Year’s celebrations amid the protests that began in June and which have dealt severe blows to the city’s retail, tourism and nightlife sectors. (AP Photo/Vincent Yu)
January 01, 2020 - 9:39 am
HONG KONG (AP) — Hundreds of thousands of people packed Hong Kong streets for an annual New Year's Day protest march as the monthslong pro-democracy movement extended into 2020 with further violence between police and demonstrators. At least five people were arrested for criminal damage as hard-...
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January 01, 2020 - 5:20 am
BEIJING (AP) — China's central bank said Wednesday it will cut the amount of money banks will be required to have on hand from Jan. 6 in an effort to boost the slowing economy. The People's Bank of China announced that the reserve requirement ratio for financial institutions would be lowered by 50...
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FILE - This Sept. 25, 2019, photo shows a sign indicating a new selling price for a house sits atop a realtor's sign in Jackson, Miss. On Tuesday, Dec. 31, the Standard & Poor's/Case-Shiller 20-city home price index for October is released. (AP Photo/Rogelio V. Solis)
December 31, 2019 - 9:37 am
WASHINGTON (AP) — U.S. home prices rose faster in October than the previous month as many would-be buyers competed for a limited supply of available properties. The S&P CoreLogic Case-Shiller 20-city home price index rose 2.2% in October from a year ago, up from a 2.1% annual gain in September...
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FILE - This Sept. 25, 2019, photo shows a sign indicating a new selling price for a house sits atop a realtor's sign in Jackson, Miss. On Tuesday, Dec. 31, the Standard & Poor's/Case-Shiller 20-city home price index for October is released. (AP Photo/Rogelio V. Solis)
December 31, 2019 - 9:09 am
WASHINGTON (AP) — U.S. home prices rose faster in October than the previous month as many would-be buyers competed for a limited supply of available properties. The S&P CoreLogic Case-Shiller 20-city home price index rose 2.2% in October from a year ago, up from a 2.1% annual gain in September...
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FILE - This June 13, 2019, photo shows a house with a "sold pending" sign fixed on the realtor's sign in northeast Jackson, Miss. On Monday, Dec. 30, the National Association of Realtors releases its November report on pending home sales, which are seen as a barometer of future purchases. (AP Photo/Rogelio V. Solis, File)
December 30, 2019 - 10:05 am
WASHINGTON (AP) — Americans signed more contracts to purchase homes in November, bouncing back from last month's decline, indicating that the housing market is still strong. The National Association of Realtors said Monday that its pending home sales index, which measures the numbers of purchase...
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FILE - This undated file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)
December 30, 2019 - 7:14 am
If you need a car, the most frugal option is to buy one that’s 2 to 3 years old, pay cash and drive it until the wheels fall off. The least frugal option traditionally has been leasing, where you make monthly payments to drive a car but don’t own it. You’re paying for the vehicle during its most...
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FILE - In this Nov. 14, 2019, file photo a pair of specialists work on the floor of the New York Stock Exchange. Investments around the world were all winners in 2019 as central banks unleashed more stimulus to bolster the global economy against the damage created by President Donald Trump’s trade war. (AP Photo/Richard Drew, File)
December 26, 2019 - 4:57 pm
NEW YORK (AP) — On January 3, the S&P 500 sank 2.5% when Apple warned of sagging demand for the iPhone, an inauspicious start to 2019 following a 14% drubbing in last year's fourth quarter. On January 4, Federal Reserve Chairman Jay Powell said the central bank would be "patient" with its...
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FILE - In this Nov. 14, 2019, file photo a pair of specialists work on the floor of the New York Stock Exchange. Investments around the world were all winners in 2019 as central banks unleashed more stimulus to bolster the global economy against the damage created by President Donald Trump’s trade war. (AP Photo/Richard Drew, File)
December 26, 2019 - 4:23 pm
NEW YORK (AP) — On January 3, the S&P 500 sank 2.5% when Apple warned of sagging demand for the iPhone, an inauspicious start to 2019 following a 14% drubbing in last year's fourth quarter. On January 4, Federal Reserve Chairman Jay Powell said the central bank would be "patient" with its...
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FILE - In this Nov. 14, 2019, file photo a pair of specialists work on the floor of the New York Stock Exchange. Investments around the world were all winners in 2019 as central banks unleashed more stimulus to bolster the global economy against the damage created by President Donald Trump’s trade war. (AP Photo/Richard Drew, File)
December 26, 2019 - 3:21 pm
NEW YORK (AP) — On January 3, the S&P 500 sank 2.5% when Apple warned of sagging demand for the iPhone, an inauspicious start to 2019 following a 14% drubbing in last year's fourth quarter. On January 4, Federal Reserve Chairman Jay Powell said the central bank would be "patient" with its...
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FILE - In this Nov. 14, 2019, file photo a pair of specialists work on the floor of the New York Stock Exchange. Investments around the world were all winners in 2019 as central banks unleashed more stimulus to bolster the global economy against the damage created by President Donald Trump’s trade war. (AP Photo/Richard Drew, File)
December 26, 2019 - 1:51 pm
NEW YORK (AP) — On January 3, the S&P 500 sank 2.5% when Apple warned of sagging demand for the iPhone, an inauspicious start to 2019 following a 14% drubbing in last year's fourth quarter. On January 4, Federal Reserve Chairman Jay Powell said the central bank would be "patient" with its...
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