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Central banking

FILE - In this Aug. 16, 2019, file photo traders Dudley Devine, left, and Christopher Fuchs work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Aug. 22. (AP Photo/Richard Drew, File)
August 22, 2019 - 1:07 pm

US stocks turn mostly lower amid doubts over Fed rate cut

Stocks gave up an early gain and veered lower in midday trading Thursday as investors grew less certain about the likelihood that the Federal Reserve will lower interest rates again next month. Losses in technology, health care and communication services stocks outweighed gains in banks, consumer...
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FILE - In this Aug. 16, 2019, file photo traders Dudley Devine, left, and Christopher Fuchs work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Aug. 22. (AP Photo/Richard Drew, File)
August 22, 2019 - 10:26 am

US stocks mostly rise as investors seek more clues on Fed

Stocks moved broadly higher on Wall Street in early trading Thursday, extending the market's gains from the day before. Technology companies and banks accounted for a big share of the gains as investors welcomed another batch of encouraging corporate earnings reports. Retailers Nordstrom, BJ's...
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The sun rises next to the European Central Bank at the river Main in Frankfurt, Germany, early Thursday, Aug. 22, 2019. (AP Photo/Michael Probst)
August 22, 2019 - 9:48 am

European Central Bank weighs stimulus mix as Germany slows

FRANKFURT, Germany (AP) — The European Central Bank is weighing a broad package of stimulus measures including an interest rate cut and new bond purchases to counter worries that economic growth is slowing more than expected amid U.S.-China trade tensions. The written account of the July 25 policy...
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The sun rises next to the European Central Bank at the river Main in Frankfurt, Germany, early Thursday, Aug. 22, 2019. (AP Photo/Michael Probst)
August 22, 2019 - 9:19 am

European Central Bank weighs stimulus mix as Germany slows

FRANKFURT, Germany (AP) — The European Central Bank is weighing a broad package of stimulus measures including an interest rate cut and new bond purchases to counter worries that economic growth is slowing more than expected amid U.S.-China trade tensions. The written account of the July 25 policy...
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The sun rises next to the European Central Bank at the river Main in Frankfurt, Germany, early Thursday, Aug. 22, 2019. (AP Photo/Michael Probst)
August 22, 2019 - 8:26 am

European Central Bank weighs best type of economic stimulus

FRANKFURT, Germany (AP) — The European Central Bank is weighing a package of stimulus measures including an interest rate cut and new bond purchases to counter worries that growth is slowing more than expected. The written account of the July 25 meeting released Thursday cites discussion that a...
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President Donald Trump speaks with reporters before departing on Marine One on the South Lawn of the White House, Wednesday, Aug. 21, 2019, in Washington. Trump is headed to Kentucky. (AP Photo/Alex Brandon)
August 22, 2019 - 6:11 am

Trump flip-flops on tax cuts, saying US has 'strong economy'

WASHINGTON (AP) — A day after considering cutting taxes to promote economic growth, President Donald Trump changed course and said he would abandon the idea because the nation already had "a strong economy." Trump's flip-flop on Wednesday came after recent market volatility and economic uncertainty...
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President Donald Trump speaks with reporters before departing on Marine One on the South Lawn of the White House, Wednesday, Aug. 21, 2019, in Washington. Trump is headed to Kentucky. (AP Photo/Alex Brandon)
August 22, 2019 - 3:04 am

Trump flip-flops on tax cuts, citing 'strong economy'

WASHINGTON (AP) — A day after considering cutting taxes to promote economic growth, President Donald Trump on Wednesday changed course and said he would abandon the idea because the nation already had "a strong economy." Trump's flip-flop came after recent market volatility and economic uncertainty...
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President Donald Trump speaks with reporters before departing on Marine One on the South Lawn of the White House, Wednesday, Aug. 21, 2019, in Washington. Trump is headed to Kentucky. (AP Photo/Alex Brandon)
August 22, 2019 - 2:53 am

Trump flip-flops on tax cuts, citing 'strong economy'

WASHINGTON (AP) — A day after considering cutting taxes to promote economic growth, President Donald Trump on Wednesday changed course and said he would abandon the idea because the nation already had "a strong economy." Trump's flip-flop came after recent market volatility and economic uncertainty...
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President Donald Trump speaks with reporters before departing on Marine One on the South Lawn of the White House, Wednesday, Aug. 21, 2019, in Washington. Trump is headed to Kentucky. (AP Photo/Alex Brandon)
August 22, 2019 - 12:08 am

Trump flip-flops on tax cuts, citing 'strong economy'

WASHINGTON (AP) — A day after considering cutting taxes to promote economic growth, President Donald Trump on Wednesday changed course and said he would abandon the idea because the nation already had "a strong economy." Trump's flip-flop came after recent market volatility and economic uncertainty...
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President Donald Trump speaks with reporters before departing on Marine One on the South Lawn of the White House, Wednesday, Aug. 21, 2019, in Washington. Trump is headed to Kentucky. (AP Photo/Alex Brandon)
August 21, 2019 - 9:17 pm

Trump flip-flops on tax cuts, citing 'strong economy'

WASHINGTON (AP) — A day after considering cutting taxes to promote economic growth, President Donald Trump on Wednesday changed course and said he would abandon the idea because the nation already had "a strong economy." Trump's flip-flop came after recent market volatility and economic uncertainty...
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