Banking and credit

Democratic presidential candidate South Bend Mayor Pete Buttigieg speaks during a Democratic presidential primary debate Thursday, Dec. 19, 2019, in Los Angeles. (AP Photo/Chris Carlson)
December 21, 2019 - 1:01 pm
WASHINGTON (AP) — The financial sector, blamed by progressives for spawning the 2008 economic collapse, is lining up behind Pete Buttigieg’s presidential campaign. The mayor of South Bend, Indiana, has collected more campaign cash from donors and political action committees tied to the financial,...
Read More
Democratic presidential candidate South Bend Mayor Pete Buttigieg speaks during a Democratic presidential primary debate Thursday, Dec. 19, 2019, in Los Angeles. (AP Photo/Chris Carlson)
December 20, 2019 - 6:16 pm
WASHINGTON (AP) — The financial sector, blamed by progressives for spawning the 2008 economic collapse, is lining up behind Pete Buttigieg’s presidential campaign. The mayor of South Bend, Indiana, has collected more campaign cash from donors and political action committees tied to the financial,...
Read More
FILE - In this Nov. 29, 2019, file photo shoppers carry bags as they cross a street in San Francisco. Black Friday kicks off the start of the holiday shopping season. On Friday, Dec. 20, the Commerce Department issues its November report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Jeff Chiu, File)
December 20, 2019 - 5:21 pm
WASHINGTON (AP) — Americans increased their spending in November at the fastest pace in four months, and income growth rebounded to its strongest gain since August. The Commerce Department said Friday that consumer spending rose at a 0.4% annual rate last month, led by a jump in spending on durable...
Read More
FILE - In this Oct. 28, 2019, file photo a Matson container ship passes the Golden Gate Bridge in Sausalito, Calif. On Friday, Dec. 20, the Commerce Department issues the third estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Eric Risberg, File)
December 20, 2019 - 3:03 pm
WASHINGTON (AP) — The U.S. economy, which only recently was flashing warning signs of a worrisome slowdown, is finishing the year in stronger shape, thanks to a resilient consumer, a healthy job market and interest rate cuts by the Federal Reserve. The Commerce Department said Friday that the gross...
Read More
FILE - In this Nov. 29, 2019, file photo shoppers carry bags as they cross a street in San Francisco. Black Friday kicks off the start of the holiday shopping season. On Friday, Dec. 20, the Commerce Department issues its November report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Jeff Chiu, File)
December 20, 2019 - 10:52 am
WASHINGTON (AP) — Americans increased their spending in November at the fastest pace in four months, and income growth rebounded to its strongest gain since August. The Commerce Department said Friday that consumer spending rose at a 0.4% annual rate last month, led by a jump in spending on durable...
Read More
FILE - In this Oct. 28, 2019, file photo a Matson container ship passes the Golden Gate Bridge in Sausalito, Calif. On Friday, Dec. 20, the Commerce Department issues the third estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Eric Risberg, File)
December 20, 2019 - 8:47 am
AP Economics Writer (AP) — The U.S. economy, which only recently was flashing warning signs of a sharp slowdown, should finish the year in better shape, thanks to rate cuts from the Federal Reserve and a cease-fire in the U.S.-China trade war. The Commerce Department said Friday that the gross...
Read More
FILE - This April 2, 2015 file photo shows a Wawa convenience store in Philadelphia. The Wawa convenience store chain says a data breach may have collected debit and credit card information from thousands of customers, Thursday, Dec. 19, 2019. (AP Photo/Matt Rourke, File)
December 19, 2019 - 6:46 pm
WAWA, Pa. (AP) — The Wawa convenience store chain says a data breach may have collected debit and credit card information from thousands of customers. Pennsylvania-based Wawa Inc. said Thursday that its information security team discovered malware on its payment processing servers on Dec. 10 and...
Read More
FILE - In this Nov. 4, 2019, file photo trader Peter Tuchman, center, works on the floor of the New York Stock Exchange. Markets are coming off a fabulous 2019, where stocks, bonds and other investments climbed in concert. But for the next year, and decade, in fact, Wall Street is telling investors to set their expectations considerably lower. (AP Photo/Richard Drew, File)
December 19, 2019 - 11:05 am
NEW YORK (AP) — After a year of nirvana, investors may need to get ready for something a little more normal. Markets are coming off a fabulous 2019, where stocks and bonds around the world climbed in concert. But for the next year — and decade, in fact — Wall Street is telling investors to set...
Read More
Mark Carney, Governor of the Bank of England speaks at a Bank of England Financial Stability Report Press Conference, in London, Monday, Dec. 16, 2019. (AP Photo/Kirsty Wigglesworth,pool)
December 19, 2019 - 8:46 am
LONDON (AP) — British authorities began investigating Thursday how some hedge funds got access to market-sensitive news conferences of the Bank of England five to eight seconds ahead of others - enough to give them a huge edge in the fast-moving world of financial markets. Following a report in The...
Read More
FILE - In this Dec. 11, 2019, file photo specialist Thomas McArdle, left, and trader Jonathan Corpina, right, work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Dec. 18. (AP Photo/Richard Drew, File)
December 19, 2019 - 8:23 am
BEIJING (AP) — Global stock markets mostly dipped Thursday after the U.S. House of Representatives voted to impeach President Donald Trump and the central banks of Japan and Britain kept their interest rates low. The London stock index was up slightly while Frankfurt, London and Shanghai were...
Read More

Pages