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Financial Services - News Headlines

Dilip Patel, Ashely Lara
| November 18th, 2019  1:10 AM
Asian shares mixed amid cautious mood, eyes on trade talks
TOKYO (AP) — Asian shares are mixed Monday in a cautious mode after Wall Street closed out the week with milestones as the Dow Jones Industrial Average crossed 28,000 for the first time and the S&P 500 and Nasdaq hit record highs. Japan’s benchmark Nikkei 225 edged up 0.3% to 23,373.93 in afternoon trading. Australia’s S&P/ASX 200 fell 0.4% to 6,766.80.
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Fed finds resilient financial system despite high debt
Fed finds resilient financial system despite high debt
November 15th, 2019  5:54 PM

Federal Reserve finds financial system remains resilient despite high levels of corporate debt

Donald Trump
White House seeks disclosure of actual health care prices
November 15th, 2019  4:12 PM

New rules from the Trump administration would require insurers and hospitals to disclose upfront the actual prices for common tests and procedures

Government policy news icon
US stock indexes on track to cap week with more record highs
November 15th, 2019  3:46 PM

Stocks moved broadly higher on Wall Street in afternoon trading Friday, placing the major indexes on track to set new highs

EU bank to stop funding fossil fuel projects in 2 years
EU bank to stop funding fossil fuel projects in 2 years
November 14th, 2019  3:37 PM

The European Investment Bank says it will stop financing fossil fuel energy projects from the end of 2021 as part of an effort to fight climate change

Jerome Powell
Powell urges Congress to tackle growing budget deficit
November 14th, 2019  3:22 PM

Powell urges Congressional panel to tackle budget deficits, reiterates comfort with rates, economy

US long-term mortgage rates rise; 30-year at 3.75%
US long-term mortgage rates rise; 30-year at 3.75%
November 14th, 2019  1:37 PM

U.S. long-term mortgage rates rose this week amid optimism over prospects for the U.S. economy

Financial markets news icon
Markets Right Now: S&P 500, Dow lower as tech falters
November 14th, 2019  12:12 PM

The major stock indexes are edging lower Thursday, with the Dow and S&P 500 slipping below records set a day earlier. The tech sector showed the biggest decline.

Jerome Powell
The Latest: Powell dismisses recession concerns
November 14th, 2019  11:30 AM

Fed Chair Powell says the US is ‘star economy’ with no imminent recession threat

Powell urges Congressional panel to tackle budget deficits
Powell urges Congressional panel to tackle budget deficits
November 14th, 2019  11:14 AM

Powell urges Congressional panel to tackle budget deficits, reiterates comfort with rates

Government business and finance news icon
The Latest: House panel chairman defends Fed’s independence
November 14th, 2019  10:51 AM

House committee chairman defends Federal Reserve from attacks by President Trump

Jerome Powell
Fed’s Powell sees steady growth, signals pause in rate cuts
November 13th, 2019  4:26 PM

Federal Reserve Chairman Powell expresses optimism on economy, sees rates unchanged

Financial markets news icon
Stocks give up gains as report dampens trade deal optimism
November 13th, 2019  2:56 PM

U.S. stock indexes gave up a midday gain and turned mixed Wednesday afternoon following a published report suggesting that talks between Washington and Beijing aimed at delivering a stopgap trade deal have run into obstacles.

Adam Schiff
US stocks edge higher on Wall Street as Fed chairman speaks
November 13th, 2019  12:22 PM

Major U.S. stock indexes edged higher in midday trading Wednesday after Federal Reserve Chairman Jerome Powell told lawmakers that the central bank is likely to hold off on another interest rate cut, unless the economy shows signs of worsening

Jerome Powell
The Latest: Powell says US unemployment could go lower
November 13th, 2019  11:47 AM

Fed Chair Powell says US unemployment rate could go lower without necessarily spurring inflation

Government policy news icon
The Latest: Analysts believe Powell signaling rates on hold
November 13th, 2019  10:54 AM

The Latest: Analysts believe Powell signaling rates will remain on hold unless economy weakens

Robert Arciero
US stocks edge lower on Wall Street, erasing prior day gains
November 13th, 2019  10:38 AM

Stocks fell on Wall Street in early trading Wednesday, erasing the market’s modest gains from the day before

Government policy news icon
The Latest: Powell sees steady US growth, pause in rate cuts
November 13th, 2019  9:36 AM

Fed Chairman Powell sees steady US growth and signals rate cuts on hold

Government policy news icon
Powell to testify before Congress as Fed pauses rate cuts
November 13th, 2019  2:21 AM

Powell to testify before Congress as Fed officials voice support for pausing rate cuts

PG&E faces potential showdown over its bankruptcy plan
PG&E faces potential showdown over its bankruptcy plan
November 12th, 2019  7:36 PM

California Gov. Gavin Newsom stepping up pressure on Pacific Gas & Electric to fork over billions more in cash to thousands of wildfire victims

Social affairs news icon
World Bank cuts back project in China's restive Xinjiang
November 12th, 2019  6:03 AM

The World Bank is cutting back a $50 million project that supported vocational colleges in China's restive Xinjiang

Financial markets news icon
Markets Right Now: Stocks fall on uncertainty over trade
November 11th, 2019  4:13 PM

Stocks are closing slightly lower on Wall Street Monday as traders look for clarity on where things stand with trade talks between the U.S. and China.

Lebanon's Central Bank tries to calm nerves amid crisis
Lebanon's Central Bank tries to calm nerves amid crisis
November 11th, 2019  8:21 AM

Lebanon's Central Bank pledges to safeguard stability of national currency, protect depositors' money

George Chamberlin, Gabriel Gundersen, Loren Cannon
FBI: Cybercrimes on the rise because of sophisticated scams
November 9th, 2019  7:49 PM

FBI agents are warning the public about cybercrime, with the numbers of victims and money stolen soaring in sophisticated scams

NY regulator vows to investigate Apple Card for sex bias
NY regulator vows to investigate Apple Card for sex bias
November 9th, 2019  7:20 PM

A New York state agency says it will investigate Goldman Sachs for possible sex discrimination in the way it sets credit limits for the Apple Card

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