Banking and credit

World Bank Regional Director Saroj Kumar Jha, speaks during an interview with the Associated Press, in Beirut, Lebanon, Friday, Nov. 8, 2019. Jha said during the interview that Lebanon needs to quickly form a new Cabinet within a week to prevent further degradation of the Lebanese economy and the confidence of the Lebanese economy. Jha said in recent weeks the World Bank has observed increasing risks to Lebanon's economic and financial stability and therefore it is very concerned that this will impact Lebanon's poor people, middle class and businesses.(AP Photo/Hussein Malla)
November 08, 2019 - 9:47 am
BEIRUT (AP) — The World Bank on Friday urged Lebanon to form a new Cabinet "within a week" to prevent further degradation and loss of confidence in its economy, warning of grave risks to the country's stability amid a worsening fiscal and economic crisis. Saroj Kumar Jha, the organization's...
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In this Tuesday, Nov. 5, 2019, photo, a woman walks by an electronic stock board of a securities firm in Tokyo. Asian stock markets were mixed Wednesday, Nov. 6, 2019, after investors were rattled by a possible snag in a U.S.-Chinese trade truce following reports Beijing wants Washington to life punitive tariffs. (AP Photo/Koji Sasahara)
November 06, 2019 - 1:17 am
BEIJING (AP) — Global stock markets were mostly higher Wednesday after investors were rattled by a possible snag in a U.S.-Chinese trade truce following reports Beijing wants Washington to lift punitive tariffs. Germany and Paris opened higher and London was unchanged. Tokyo rose while Shanghai...
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FILE - This April 2017, file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. Sometimes, the tasks we put off are the ones that leave people we care about in the lurch. Your financial checklist should include reviewing beneficiary designations, updating contact information and visiting your safe deposit box. (NerdWallet via AP, File)
November 04, 2019 - 4:24 am
Here's an illustration of the many ways slow payment systems can inconvenience you and cost you money. Let's say Homer is two days from payday. The family checking account at First Bank of Springfield is on fumes. There's just enough in the account, Homer thinks, to gas up his Plymouth sedan and...
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A Peugeot logo pictured on a car in Bayonne, southwestern France, Thursday, Oct.31, 2019. The boards of Fiat Chrysler and PSA Peugeot announced Thursday fast-moving plans to merge the two companies creating the world's fourth-largest automaker with enough scale to confront "the new era in mobility". (AP Photo/Bob Edme)
October 31, 2019 - 9:07 am
MILAN (AP) — Fiat Chrysler and France's PSA Peugeot said Thursday they have agreed to merge to create the world's fourth-largest automaker with enough scale to confront big shifts in the industry, including a race to develop electric cars and driverless technologies. Italian-American Fiat Chrysler...
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Cars pass by near the skyline with the buildings of the banking district in Frankfurt, Germany, Tuesday, Oct. 22, 2019. (AP Photo/Michael Probst)
October 31, 2019 - 4:20 am
FRANKFURT, Germany (AP) — The 19-country eurozone economy grew at a subdued pace in the third quarter, continuing a shaky upswing amid trade disputes and uncertainty over Brexit. At the same time, weaker inflation figures cast a shadow over the outlook and presented a challenge for the new...
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A television screen on the floor of the New York Stock Exchange shows the rate decision of the Federal Reserve, Wednesday, Oct. 30, 2019. The Federal Reserve has cut its benchmark interest rate for the third time this year to try to sustain the economic expansion in the face of global threats. (AP Photo/Richard Drew)
October 30, 2019 - 1:44 pm
Stocks closed broadly higher on Wall Street Wednesday, sending the S&P 500 to a record high for the second time this week, as investors welcomed the Federal Reserve's decision to lower interest rates for the third time this year. The central bank also indicated that it won't cut rates again in...
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FILE - In this Oct. 4, 2019, file photo Federal Reserve Chairman Jerome Powell listens to feedback during a panel at the Federal Reserve Board Building in Washington. The Fed concludes its two-day meeting Wednesday, Oct. 30. (AP Photo/Jacquelyn Martin, File)
October 30, 2019 - 11:51 am
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 2:45 p.m. Federal Reserve Chairman Jerome Powell has signaled that the U.S. central bank will likely forgo any future cuts to its benchmark rates, so long as economic growth and inflation matched the...
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A television screen on the floor of the New York Stock Exchange shows the rate decision of the Federal Reserve, Wednesday, Oct. 30, 2019. The Federal Reserve has cut its benchmark interest rate for the third time this year to try to sustain the economic expansion in the face of global threats. (AP Photo/Richard Drew)
October 30, 2019 - 11:49 am
WASHINGTON (AP) — The Federal Reserve cut its benchmark interest rate Wednesday for the third time this year to try to sustain the economic expansion in the face of global threats. But it indicated that it won't cut again in the coming months unless the economic outlook worsens. The Fed's move...
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Chinese investors monitor stock prices at a brokerage house in Beijing, Wednesday, Oct. 30, 2019. Shares have declined in Asia after weak earnings for technology and media companies led stocks lower on Wall Street. The modest pullback came a day after the S&P 500 hit an all-time high. (AP Photo/Mark Schiefelbein)
October 30, 2019 - 2:50 am
BANGKOK (AP) — Shares fell in early European trading on Wednesday after Asian benchmarks ended mixed. Britain's FTSE 100 lost 0.2% to 7,293.94, while Germany's DAX shed 0.2% to 12,907.97. The CAC 40 in Paris edged 0.1% higher. The Dow and S&P 500 futures contracts edged 0.1% lower. A modest...
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Edward McCarthy, center, works with fellow traders on the floor of the New York Stock Exchange, Tuesday, Oct. 29, 2019. Stocks are off to a slightly lower start on Wall Street as communications and energy companies fall. (AP Photo/Richard Drew)
October 29, 2019 - 1:56 pm
Technology companies led stocks lower on Wall Street Tuesday as a wobbly day of trading ended with modest losses for the market. Health care stocks jumped on stronger-than-expected reports from drugmakers, but losses by internet and media companies held the market in check following a mixed report...
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