Financial Services - News Headlines

How US Fed is unintentionally squeezing developing economies
August 15th, 2018  6:45 AM

How the US Fed is unintentionally squeezing Turkey and other developing economies

Financial markets news icon
Turkey's Erdogan vows US boycott, but diplomats resume talks
August 14th, 2018  11:47 AM

The Turkish currency has stabilized near record lows as investors gauge the government's next move to avoid a full-blown financial crisis.

Turkey's Erdogan vows US boycott, but diplomats resume talks
The Latest: Turkey says it will help firms hit by turmoil
August 14th, 2018  10:27 AM

Turkey's finance minister says his government is working on steps to help banks and support companies affected by the currency crisis.

Crime news icon
Questions loom over Tesla deal after CEO reveals Saudi link
August 13th, 2018  6:20 PM

Tesla Inc. CEO Elon Musk tries to clear up murky financing for buyout with disclosure of Saudi Arabian interest

Questions loom over Tesla deal after CEO reveals Saudi link
US stocks take further losses as Turkey worries continue
August 13th, 2018  5:08 PM

US stocks give up an early gain and close lower as investors continue to worry that Turkey's financial woes could affect other countries

US stocks take further losses as Turkey worries continue
How major US stock indexes fared Monday
August 13th, 2018  5:01 PM

U.S. stocks fell further Monday as Turkey's central bank was unable to stop a steep plunge in the nation's currency

Financial markets news icon
Markets Right Now: Stocks end lower on Wall Street
August 13th, 2018  4:11 PM

Stocks continued to fall on Wall Street as Turkey's central bank was unable to stop another plunge in the nation's currency.

Economy news icon
Turkey tries to contain crisis but currency keeps falling
August 13th, 2018  12:25 PM

Turkey's Central Bank has announced a series of measures to help banks manage their liquidity, after the country's finance chief said the government had readied an "action plan" to ease market concerns that led to a slump in the value of Turkish currency

Turkey tries to contain crisis but currency keeps falling
Why Turkey's currency is plunging and what it means
August 13th, 2018  12:15 PM

A look at why Turkey's currency is tumbling and what it means for the country and the rest of the world.

Why Turkey's currency is plunging and what it means
California fires may make homeowners insurance harder to get
August 13th, 2018  10:04 AM

California's battle with wildfires may hurt availability, raise the cost of homeowners insurance

California fires may make homeowners insurance harder to get
The Latest: Germany urges solution on Turkish prisoners
August 13th, 2018  9:55 AM

Germany's foreign minister says it would be in Turkey's own interest to come to an agreement with the United States and others on the release of foreign prisoners.

The Latest: Germany urges solution on Turkish prisoners
The Latest: Turkey sues social media accounts over turmoil
August 13th, 2018  4:40 AM

Turkey's Interior Ministry announces that it will take legal action against hundreds of social media accounts provoking the ongoing plummet of the Turkish lira.

Media news icon
Turkish central bank tries to contain currency crisis
August 13th, 2018  4:34 AM

Turkey's Central Bank has announced a series of measures to help banks manage their liquidity, after the country's finance chief said the government had readied an "action plan" to ease market concerns that led to a slump in the value of Turkish currency

Government and politics news icon
Newest US sanctions against Russia hit an economic nerve
August 13th, 2018  12:07 AM

Hitting an economic nerve: Newest US sanctions get a rise out of Russia, a drop in the ruble

Newest US sanctions against Russia hit an economic nerve
Wildfire victims among those stung by Trump's trade war
August 11th, 2018  4:06 PM

The cost of building a home has been rising, in part because of the tariffs President Donald Trump has imposed on imported lumber, nails and other construction material

Wildfire victims among those stung by Trump's  trade war
Trump's tariffs boost rebuilding costs for wildfire victims
August 11th, 2018  11:03 AM

President Donald Trump's tariffs on imported construction materials are making it more expensive to rebuild homes lost to wildfires and other natural disasters

Industrial products and services news icon
Turkey shaken by financial fears, Trump rattles it further
August 10th, 2018  9:31 PM

A financial shockwave rips through Turkey, whose currency nosedived on concerns about economic policies and a dispute with the U.S., which President Donald Trump stoked further with a promise to double tariffs on the NATO ally.

Turkey shaken by financial fears, Trump rattles it further
Turkish turmoil knocks US and European stocks lower
August 10th, 2018  4:52 PM

Stocks in the U.S. and Europe take sharp losses as Wall Street worries about financial instability in Turkey

Michael Capolino
How major US stock indexes fared Friday
August 10th, 2018  4:47 PM

Stocks in the U.S. and Europe skidded Friday as investors worried about the financial stability of Turkey and how it might affect the global banking system

Financial markets news icon
The Latest: Official says sanctions lack 'state seriousness'
August 10th, 2018  3:01 PM

A Turkish official says U.S. President Donald Trump's decision to double tariffs on Turkish steel and aluminum imports, which he announced on Twitter, lacked "state seriousness."

Recep Tayyip Erdogan

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