Financial services

May 20, 2019 - 7:00 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says a sharp rise in corporate debt is being closely monitored but currently the Fed does not see the types of threats that triggered the 2008 financial crisis. In remarks prepared for a banking conference in Fernandina Beach, Florida, Powell...
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FILE - In this May 9, 2019, file photo trader Fred DeMarco works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, May 16. (AP Photo/Richard Drew, File)
May 16, 2019 - 3:11 pm
Stocks marched higher on Wall Street for the third straight day Thursday, erasing the big plunge they took at the start of the week on worries about the worsening trade fight between China and the U.S. Technology stocks, health care companies and banks accounted for much of the market's broad gains...
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In this 2014 photo, Randy Sullivan poses for a photo in Ketchikan, Alaska. Sullivan was the pilot of one of the two sightseeing planes that crashed in midair Monday, May 13, 2019, the National Transportation Safety Board announced after a team arrived from Washington, D.C., to investigate the crash. Alaska State Troopers in a statement late Tuesday said Sullivan was killed in the crash. (James Glionna/Los Angeles Times via AP)
May 16, 2019 - 10:41 am
ANCHORAGE, Alaska (AP) — A newly married couple, a pilot who used his family's savings to buy his own plane, a devoted family man from Australia and an office manager at an insurance company with a vivacious personality and a heart of gold were among the six victims in this week's deadly midair...
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May 13, 2019 - 4:04 pm
MOSCOW (AP) — A Ukrainian court has rejected an appeal of a lower court ruling that said the nationalization of the country's largest commercial bank had been illegal. Ukraine's central bank requested the appeal refused Monday. The National Bank of Ukraine said it would ask a higher appeals court...
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May 12, 2019 - 3:37 pm
ISLAMABAD (AP) — The International Monetary Fund said Sunday it reached a preliminary agreement with Pakistan for a $6 billion bailout over the next three years to finance sweeping economic reforms. Pakistan and the international lender reached a "staff level agreement" subject to approval by the...
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May 12, 2019 - 3:01 pm
ISLAMABAD (AP) — The International Monetary Fund says it has reached a preliminary agreement with Pakistan for a $6 billion bailout over the next three years to finance sweeping economic reforms. IMF envoy Ernesto Ramirez Rigo said in a statement Sunday that the two sides have reached a "staff...
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FILE- In a June 23, 2015, file photo, traffic heads north along the Lodge freeway in Detroit. Michigan, the state with the highest car insurance premiums in the country, is on the verge of a political showdown over long-running efforts to cut rates by reining in generous medical benefits. The Republican-led Legislature is pushing to save people money by making mandatory unlimited medical coverage optional, but Democratic Gov. Gretchen Whitmer opposes dueling bills that have cleared the House and Seante. (AP Photo/Carlos Osorio, File)
May 11, 2019 - 10:16 am
LANSING, Mich. (AP) — The state with the highest car insurance premiums in the country is on the verge of a political showdown over long-running efforts to cut rates by reining in generous medical benefits. Auto-friendly Michigan, which is among a dozen "no-fault" states where drivers must buy...
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FILE - This Feb. 5, 2015, file photo shows the Anthem logo at the health insurer's corporate headquarters in Indianapolis. The Justice Department says a grand jury has indicted Fujie Wang and another Chinese man identified only as John Doe for hacking into the computers of health insurer Anthem Inc. and three other, unnamed companies, in an indictment unsealed Thursday, May 9, 2019, in Indianapolis. (AP Photo/Michael Conroy, File)
May 09, 2019 - 9:41 pm
INDIANAPOLIS (AP) — A federal grand jury has indicted two members of "extremely sophisticated" hacking group operating from China in the 2014-2015 theft of the personal information of nearly 79 million customers of insurer Anthem Inc., the biggest known health care hack in U.S. history. The Justice...
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FILE - This Feb. 5, 2015, file photo shows the Anthem logo at the health insurer's corporate headquarters in Indianapolis. The Justice Department says a grand jury has indicted Fujie Wang and another Chinese man identified only as John Doe for hacking into the computers of health insurer Anthem Inc. and three other, unnamed companies, in an indictment unsealed Thursday, May 9, 2019, in Indianapolis. (AP Photo/Michael Conroy, File)
May 09, 2019 - 7:10 pm
INDIANAPOLIS (AP) — A federal grand jury has indicted two Chinese men for hacking into the computers of health insurer Anthem Inc. and three other, unnamed companies, the Justice Department said Thursday. The indictment alleges Fujie Wang, 32, and a man identified only as John Doe stole the...
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May 09, 2019 - 5:36 pm
INDIANAPOLIS (AP) — The Justice Department says a grand jury has indicted two Chinese men for hacking into the computers of health insurer Anthem Inc. and three other, unnamed companies. The indictment unsealed Thursday in Indianapolis alleges 32-year-old Fujie Wang and a man identified only as...
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