Financial services

White House counselor Kellyanne Conway talks with reporters at the White House in Washington, Monday, Aug. 19, 2019. Conway declares that the “fundamentals” of the U.S. economy are strong, citing benchmarks to support her contention. The job market does look solid, yet the factory and housing sectors are struggling and financial markets are sounding the alarm that growth is much shakier than the administration says. (AP Photo/Susan Walsh)
August 19, 2019 - 9:16 pm
WASHINGTON (AP) — The "fundamentals" of the U.S. economy are solid, the White House asserted Monday, invoking an ill-fated political declaration of a decade ago amid mounting concern that a recession could imperil President Donald Trump's reelection. Exhibiting no such concern, senior adviser...
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White House counselor Kellyanne Conway talks with reporters at the White House in Washington, Monday, Aug. 19, 2019. Conway declares that the “fundamentals” of the U.S. economy are strong, citing benchmarks to support her contention. The job market does look solid, yet the factory and housing sectors are struggling and financial markets are sounding the alarm that growth is much shakier than the administration says. (AP Photo/Susan Walsh)
August 19, 2019 - 8:34 pm
WASHINGTON (AP) — The "fundamentals" of the U.S. economy are solid, the White House asserted on Monday, invoking an ill-fated political declaration of a decade ago amid mounting concern that a recession could imperil President Donald Trump's reelection. Exhibiting no such concern, senior adviser...
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Trader David O'Day works on the floor of the New York Stock Exchange, Monday, Aug. 19, 2019. Technology stocks were leading indexes higher on Wall Street after the U.S. gave Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers. (AP Photo/Richard Drew)
August 19, 2019 - 5:09 pm
Technology companies powered a rally on Wall Street Monday that gave the market its third straight gain. The surge in tech stocks followed a decision by the U.S. to give Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers. Chipmakers including Qualcomm, Intel and...
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In this Aug. 18, 2019, photo, President Donald Trump speaks with reporters before boarding Air Force One at Morristown Municipal Airport in Morristown, N.J. (AP Photo/Patrick Semansky)
August 19, 2019 - 4:21 pm
WASHINGTON (AP) — Nerves are being frayed by a global economy that increasingly looks breakable. Growth is stalling. Factory output is down. Oil demand is off. U.S. tariffs on China have slowed trade. Investors have crowded into government bonds and sent interest rates sliding in a way that has...
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Trader David O'Day works on the floor of the New York Stock Exchange, Monday, Aug. 19, 2019. Technology stocks were leading indexes higher on Wall Street after the U.S. gave Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers. (AP Photo/Richard Drew)
August 19, 2019 - 3:43 pm
Tech companies pushed stocks broadly higher on Wall Street Monday afternoon, placing the market on track for its third straight gain. The surge in technology stocks followed a decision by the U.S. to give Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers. As...
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FILE - In this Tuesday, Feb. 12, 2019 file photo, the sun sets over the city of Frankfurt with the buildings of the banking district. Germany, Europe's industrial powerhouse and biggest economy, with companies like Volkswagen, Siemens and BASF, may be entering a recession, according to a gloomy report from the country's central bank Monday, August 19, 2019. (AP Photo/Michael Probst, File)
August 19, 2019 - 3:20 pm
BERLIN (AP) — Germany, Europe's industrial powerhouse and biggest economy, with companies like Volkswagen, Siemens and BASF, may be entering a recession, according to a gloomy report from the country's central bank Monday — a development that could have repercussions for the rest of the eurozone...
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August 19, 2019 - 12:24 pm
WASHINGTON (AP) — President Donald Trump is calling on the Federal Reserve to cut interest rates by at least a full percentage point "over a fairly short period of time," saying such a move would make the U.S. economy even better and would also "greatly and quickly" enhance the global economy. In...
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A man stretches as he walks over a bridge in Frankfurt, Germany, Wednesday, Aug. 14, 2019. In the background is the building of the European Central Bank. (AP Photo/Michael Probst)
August 19, 2019 - 12:07 pm
LONDON (AP) — Inflation across the 19-country eurozone was revised down for July, official figures showed Monday, bolstering expectations that the European Central Bank will provide another shot of stimulus to the single currency bloc next month. Eurostat said consumer prices across the eurozone...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Aug. 19, 2019. Asian shares were higher Monday, as investors continue to rejigger their read on President Donald Trump's trade war and growing worries about slowing economies around the world.(AP Photo/Ahn Young-joon)
August 18, 2019 - 9:45 pm
TOKYO (AP) — Asian shares were higher Monday, as investors continue to rejigger their read on President Donald Trump's trade war and growing worries about slowing economies around the world. Japan's benchmark Nikkei 225 rose 0.6% in early trading to 20,532.95. Australia's S&P/ASX 200 gained 0.8...
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President Donald Trump speaks with reporters before boarding Air Force One at Morristown Municipal Airport in Morristown, N.J., Sunday, Aug. 18, 2019. (AP Photo/Patrick Semansky)
August 18, 2019 - 6:31 pm
BERKELEY HEIGHTS, N.J. (AP) — President Donald Trump said Sunday the economy is "doing very well" and dismissed concerns of recession, offering an optimistic outlook after last week's steep drop in the financial markets. "I don't think we're having a recession," Trump told reporters as he returned...
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