Financial services

August 30, 2018 - 11:23 am
BUENOS AIRES, Argentina (AP) — Argentina's Central Bank on Thursday increased its benchmark interest rate to 60 percent — the world's highest — in an effort to halt a sharp slide in the value of the peso, which plunged to a record low. The peso fell more than 15 percent against the dollar on...
Read More
This Nov. 2, 2017, photo provided by Alex Apons shows his house and car that were leveled to ashes after the deadly October 2017 wildfires ravaged his Coffey Park neighborhood, in Santa Rosa, Calif. Apons said his insurance policy fell $200,000 short of what it cost the 34-year-old new father to rebuild his home. He and his wife wanted to stay because they had a baby on the way and both have deep family roots in the area. (Alex Apons via AP)
August 27, 2018 - 10:30 pm
SANTA ROSA, Calif. (AP) — Construction crews have already put up the frame on Cheri Sharp's new house, but she still questions whether rebuilding was the right choice after California's most destructive wildfire took her old home in wine country nearly a year ago. She's had to dip into retirement...
Read More
People walk past an electronic board showing Hong Kong share index outside a bank in Hong Kong, Monday, Aug. 27, 2018. Asian stocks are rising as a dovish speech by U.S. Federal Reserve Chairman Jerome Powell and all-time highs on Wall Street gave markets a breather from trade tensions. (AP Photo/Kin Cheung)
August 27, 2018 - 5:08 am
LONDON (AP) — Global markets rose on Monday as fairly dovish comments from U.S. Federal Reserve Chairman Jerome Powell helped reassure investors that the central bank is not planning to accelerate its interest rate increases next year. KEEPING SCORE: In Europe, Germany's DAX was up 0.5 percent to...
Read More
Esther George, left, President and CEO of the Federal Reserve Bank of Kansas City, John Williams, center, President and CEO of the Federal Reserve Bank of New York, and Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System walk together after Powell's speech at the Jackson Hole Economic Policy Symposium on Friday, Aug. 24, 2018 in Jackson Hole, Wyo. Federal Reserve Chairman Jerome Powell signaled Friday that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong. (AP Photo/Jonathan Crosby)
August 24, 2018 - 1:19 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell signaled Friday that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong. Powell added that while annual inflation has risen to near the Fed's 2 percent target rate, it doesn't seem...
Read More
FILE- In this July 17, 2018, file photo Federal Reserve Board Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs at Capitol Hill in Washington. Powell gives the keynote address Friday, Aug. 24, at an annual conference of central bankers in Jackson Hole, Wyo. (AP Photo/Jose Luis Magana, File)
August 24, 2018 - 3:32 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell will not lack for urgent topics to address when he gives the keynote speech Friday to an annual gathering of global central bankers in Jackson Hole, Wyoming. Fed watchers will be listening for anything Powell has to say about financial...
Read More
FILE- In this July 18, 2018, file photo Federal Reserve Board Chair Jerome Powell put on his glasses while testifying during a House Committee on Financial Services hearing on Capitol Hill in Washington. Powell gives the keynote address Friday, Aug. 24, at an annual conference of central bankers in Jackson Hole, Wyo. (AP Photo/Jacquelyn Martin, File)
August 23, 2018 - 1:12 pm
WASHINGTON (AP) — A top Federal Reserve official said Thursday that she favors two more interest rate increases this year despite complaints from President Donald Trump that the Fed's continuing rate hikes risk slowing the U.S. economy. Esther George, president of the Fed's Kansas City regional...
Read More
Britain's Secretary of State for Exiting the European Union, Dominic Raab delivers his speech outlining the government's plans for a no-deal Brexit in London, Thursday, Aug. 23, 2018. The British government says it will unilaterally accept some European Union rules and give EU financial services firms continued access to the U.K. market in order to maintain stability if the country crashes out of the bloc without a deal. (Peter Nicholls/Pool Photo via AP)
August 23, 2018 - 9:19 am
LONDON (AP) — Businesses could face red tape at the border, customers could see higher credit card fees, patients could face delays to medical treatment and there could even be a sperm shortage if Britain leaves the European Union next year without a deal, the U.K. government acknowledged Thursday...
Read More
August 23, 2018 - 8:32 am
FRANKFURT, Germany (AP) — A German news media report has stirred new speculation about who will succeed Mario Draghi as head of the European Central Bank, one of the world's most powerful economic policy posts. Citing unnamed government sources, the Handelsblatt business publication reported...
Read More
FILE - This April 2017 file photo provided by NerdWallet shows Brianna McGurran, a columnist for personal finance website NerdWallet.com. "Ask Brianna" is a Q&A column for 20-somethings, or anyone else starting out. (NerdWallet via AP, File)
August 23, 2018 - 7:53 am
Sure, your college may allow students to pay for tuition and fees with a credit card. But, like partying the night before a midterm, it's probably not a good idea. Paying for anything with plastic requires a plan to get rid of your balance fast. That keeps interest charges from piling up. Plus,...
Read More
August 23, 2018 - 7:12 am
MOSCOW (AP) — The Russian Central Bank said Thursday it will halt foreign currency purchases, a move that helped the ruble to recover from its lowest level against the dollar since 2016. The ruble, which had endured another day of turbulence amid the threat of further U.S. sanctions, made gains...
Read More

Pages