Financial crisis

April 18, 2018 - 6:02 am
LONDON (AP) — Inflation in Britain unexpectedly fell in March, official figures showed Wednesday, suggesting that the Brexit vote's boost to prices is running its course and raising questions in financial markets as to whether the Bank of England will raise interest rates again this month. The...
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FILE- In this April 12, 2018, file photo, a container ship is unloaded at the Port of Oakland in Oakland, Calif. The International Monetary Fund has upgraded its economic outlook for the United States in 2018 and foresees a strong year for the global economy as well. The IMF predicts that the U.S. economy will grow 2.9 percent this year, up from the 2.7 percent it had forecast in January and up from the 2.3 percent growth the economy achieved last year. (AP Photo/Ben Margot, File)
April 17, 2018 - 11:38 am
WASHINGTON (AP) — The International Monetary Fund warned Tuesday that rising trade tensions between the United States and China risk undermining a global economy that the IMF believes should otherwise grow solidly this year. The IMF predicted Tuesday that the U.S. economy will grow 2.9 percent this...
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April 09, 2018 - 7:45 pm
WASHINGTON (AP) — Leading banking groups called on House leaders Monday to accept Senate-passed legislation easing financial rules adopted after the 2008 economic crisis. The effort is designed to push lawmakers away from a showdown that could derail efforts aimed at revamping the law known as Dodd...
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In this March 26, 2018 photo, farmer Jeff Rehder looks over some of his pigs, in Hawarden, Iowa. Rehder stands to lose potential revenue on his hogs after China responded to Trump's announced plans to impose tariffs on products including Chinese steel, with a threat to tag U.S. products, including pork, with an equal 25-percent charge. (AP Photo/Nati Harnik)
March 31, 2018 - 7:02 am
HOSPERS, Iowa (AP) — In Sioux County, where swine barns interrupt the vast landscape of corn-stubbled fields, exports of meat, grain and machinery fuel the local economy. And there's a palpable sense of unease that new Chinese tariffs pushed by President Donald Trump — who received more than 80...
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FILE - This July 29, 2015, file photo shows the sign on a branch of Barclays Bank in London. Barclays has agreed to pay $2 billion in civil penalties to the U.S. government to settle a lawsuit alleging that it was involved in a fraudulent scheme to sell residential mortgage-backed securities. The announcement was made Thursday, March 29, 2018, by the U.S. attorney's office in Brooklyn. (AP Photo/Kirsty Wigglesworth, File)
March 29, 2018 - 2:55 pm
NEW YORK (AP) — British bank Barclays became the latest big bank to reach a multi-billion dollar settlement with U.S. authorities over its role in the subprime mortgage bubble and subsequent financial crisis. But in a rare and notable move, U.S. authorities went further to fine two individual...
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FILE - This July 29, 2015, file photo shows the sign on a branch of Barclays Bank in London. Barclays has agreed to pay $2 billion in civil penalties to the U.S. government to settle a lawsuit alleging that it was involved in a fraudulent scheme to sell residential mortgage-backed securities. The announcement was made Thursday, March 29, 2018, by the U.S. attorney's office in Brooklyn. (AP Photo/Kirsty Wigglesworth, File)
March 29, 2018 - 12:12 pm
NEW YORK (AP) — British bank Barclays became the latest big bank to reach a multi-billion dollar settlement with U.S. authorities over its role in the subprime mortgage bubble and subsequent financial crisis. But in a rare and notable move, U.S. authorities went further to fine two individual...
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Rain drops sit on security glass on top of a shopping mall in Frankfurt, Germany, on a rainy Wednesday, March 28, 2018. (AP Photo/Michael Probst)
March 29, 2018 - 5:38 am
FRANKFURT, Germany (AP) — Germany has cut its debt load thanks to a strong economy and the diminishing burden of bailing out banks during the financial crisis. The Bundesbank national central bank said Thursday that debt fell to 64 percent of annual economic output by the end of 2017, from 68...
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March 28, 2018 - 7:17 pm
SAN JUAN, Puerto Rico (AP) — A federal control board overseeing the finances of Puerto Rico's government demanded cuts to the island's shaky public pension system Wednesday and said it will consider raising the minimum wage only if certain conditions are met. The demands were outlined in various...
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March 28, 2018 - 2:28 pm
SAN JUAN, Puerto Rico (AP) — A federal control board overseeing Puerto Rico's finances demanded cuts to the island's crumbling public pension system on Wednesday and said it will consider raising the minimum wage only if certain conditions are met. The demands were outlined in various letters sent...
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FILE - In this Sept. 27, 2017, file photo, a early morning runner crosses in front of the U.S. Capitol as he passes the flags circling the Washington Monument in Washington. With passage of an enormous budget bill, Congress has all but wrapped up its legislating for the year _ in March. Now lawmakers have to run on what they’ve got: a tax cut bill, big spending increases and no fixes to immigration. (AP Photo/J. David Ake, File)
March 24, 2018 - 8:34 am
WASHINGTON (AP) — With passage of an enormous budget bill, the GOP-controlled Congress all but wrapped up its legislating for the year. But will it be enough to convince voters to give Republicans another two years at the helm? In two big ways, Republicans have done what they promised. They passed...
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