Financial crisis

FILE - In this June 20, 2019, file photo traders gather at a post on the floor of the New York Stock Exchange as they wait for the Slack Technologies IPO to begin trading. Stocks are off to a mixed start on Wall Street on Monday, June 24, as gains for technology companies are offset by losses in health care and other sectors. (AP Photo/Richard Drew, File)
June 24, 2019 - 3:47 pm
Health care companies helped pull the broader stock market slightly lower Monday in a day of listless trading on Wall Street as investors focused on upcoming trade talks between the U.S. and China. The major stock indexes drifted between small gains and losses for much of the day, though smaller...
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Supporters of Ekrem Imamoglu candidate of the secular opposition Republican People's Party celebrate in Istanbul, Sunday, June 23, 2019. In a blow to Turkish President Recep Tayyip Erdogan, an opposition candidate declared victory in the Istanbul mayor's race for a second time Sunday after the government-backed candidate conceded defeat in a high-stakes repeat election. (AP Photo/Emrah Gurel)
June 23, 2019 - 4:08 pm
ISTANBUL (AP) — The opposition candidate for mayor of Istanbul celebrated a landmark win Sunday in a closely watched repeat election that ended weeks of political tension and broke President Recep Tayyip Erdogan's party's 25-year hold on Turkey's biggest city. "Thank you, Istanbul," former...
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FILE- This May 11, 2012, file photo, shows a Capital One Bank office, in New York. All 18 of the nation's largest and most complex banks are strong enough to withstand a severe economic downturn and would be able to stay in business without collapsing, the Federal Reserve said Friday, June 21, 2019. Capital One, which has a large commercial banking business, was the most negatively impacted by the Fed's scenario but still remained more than well capitalized under the Fed's qualifications (AP Photo/Mark Lennihan, File)
June 21, 2019 - 5:27 pm
NEW YORK (AP) — All 18 of the nation's largest and most complex banks are strong enough to withstand a severe economic downturn and would be able to stay in business without collapsing, the Federal Reserve said Friday. The results are from the first round of the central bank's annual stress tests,...
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June 21, 2019 - 4:37 pm
NEW YORK (AP) — The Federal Reserve is saying that 18 of the nation's largest and most complex banks passed its stress tests and are strong enough to withstand a severe economic downturn. The banks have benefited from an improving economy and have balance sheets strong enough to withstand a deep...
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FILE - In this April 25, 2019, file photo an address sign for Facebook Way is shown in Menlo Park, Calif. Facebook unveiled a broad plan Tuesday, June 18, to create a new digital currency. (AP Photo/Jeff Chiu, File)
June 18, 2019 - 2:33 pm
NEW YORK (AP) — The Latest on Facebook's new digital currency (all times local): 2:30 p.m. One regulatory expert believes Facebook's new currency will "almost surely" fall under new U.S. regulation adopted in the wake of the 2008 financial crisis. Karen Shaw Petrou, managing partner of Federal...
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Hallways of Buenos Aires's subway are lit only by emergency lights during a blackout, in Buenos Aires, Argentina, Sunday, June 16, 2019. Argentina and Uruguay were working frantically to return power on Sunday, after a massive power failure left large swaths of the South American countries in the dark. (AP Photo/Tomas F. Cuesta)
June 17, 2019 - 11:36 am
BUENOS AIRES, Argentina (AP) — The lights were back on Monday across Argentina, Uruguay and Paraguay after a huge blackout that affected tens of millions people, but authorities remained in the dark about the cause of the grid collapse and continued to calculate the economic damage. Argentine...
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June 12, 2019 - 12:50 pm
SAN JUAN, Puerto Rico (AP) — A group of retired public employees has defied Puerto Rico's government and reached a deal with a federal control board overseeing the island's finances as it works to restructure more than $50 billion in pension liabilities, officials said Wednesday. The announcement...
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FILE - In this Jan. 9, 2019 file photo, Venezuela's President Nicolas Maduro holds a press conference with foreign media at Miraflores presidential palace in Caracas, Venezuela. A member of Venezuela's opposition said Friday, June 7, that a mediation effort by Norway is stalling over Maduro's refusal to accept presidential elections to resolve the nation's political crisis. (AP Photo/Boris Vergara, File)
June 07, 2019 - 6:07 pm
CARACAS, Venezuela (AP) — Venezuelan leader Juan Guaidó said Friday that the opposition's demand for presidential elections is not negotiable, slowing mediation efforts by Norway aimed at resolving Venezuela's political crisis. "A new meeting isn't planned at the moment, until we can get what we've...
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The bull and bear in front of the stock market are painted all green in Frankfurt, Germany, Monday, June 3, 2019. They were painted on occasion of the upcoming "Green Sauce" week when Frankfurt celebrates its most popular dish. (AP Photo/Michael Probst)
June 06, 2019 - 4:31 am
FRANKFURT, Germany (AP) — The European Central Bank is weighing what to do about growth worries and sluggish inflation, just two days after the U.S. Federal Reserve opened the door to more stimulus. Speculation has grown that the bank could act to boost the economy against a background of sagging...
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The bull and bear in front of the stock market are painted all green in Frankfurt, Germany, Monday, June 3, 2019. They were painted on occasion of the upcoming "Green Sauce" week when Frankfurt celebrates its most popular dish. (AP Photo/Michael Probst)
June 06, 2019 - 1:06 am
FRANKFURT, Germany (AP) — The European Central Bank is weighing what to do about growth worries and sluggish inflation, just two days after the U.S. Federal Reserve opened the door to more stimulus. Speculation that how the bank could act to boost the economy has grown as market expectations for...
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