Debt and bond markets

FILE - Presidential hopeful H. Ross Perot speaks at a rally in Austin, Texas, in this 1992 file photo. Perot, the Texas billionaire who twice ran for president, has died. He was 89. (AP Photo, File)
July 09, 2019 - 4:36 pm
DALLAS (AP) — H. Ross Perot rose from a childhood of Depression-era poverty to become a self-made billionaire who twice ran for president with a mixture of folksy sayings and simple solutions to America's problems. His 19% of the vote in 1992 stands among the best showings by an independent...
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Peter Tuchman, center, works with fellow traders on the floor of the New York Stock Exchange, Wednesday, June 19, 2019. Investors are in wait-and-see mode hours ahead of a widely anticipated Federal Reserve decision on interest rates. (AP Photo/Richard Drew)
June 20, 2019 - 12:43 am
BANGKOK (AP) — Asian shares were higher on Thursday, with the Shanghai benchmark up 2.6%, after the Federal Reserve reaffirmed that it's prepared to cut interest rates if needed to shield the U.S. economy from trade conflicts or other threats. The Thursday tracked modest gains on Wall Street. The...
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Senate Minority Leader Chuck Schumer, D-N.Y., talks to reporters at the Capitol in Washington, Tuesday, June 18, 2019. (AP Photo/J. Scott Applewhite)
June 19, 2019 - 8:37 pm
WASHINGTON (AP) — Trump administration bargainers offered a one-year budget freeze and said Democratic spending demands remained too high as talks with congressional leaders aimed at averting deep cuts in defense and domestic programs seemed no closer to resolution Wednesday. After White House...
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Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, June 19, 2019. (AP Photo/Manuel Balce Ceneta)
June 19, 2019 - 2:55 pm
NEW YORK (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 2:55 p.m. Federal Reserve Chairman Jerome Powell says he would serve his full-term as head of the U.S. central bank even if President Donald Trump tries to demote him. Powell tells reporters at a...
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Trader Jonathan Corpina works on the floor of the New York Stock Exchange, Wednesday, May 29, 2019. Stocks are getting off to a weak start on Wall Street led by drops in technology and health care companies. (AP Photo/Richard Drew)
May 29, 2019 - 3:49 pm
U.S. stocks sped toward their first monthly loss of 2019 Wednesday as investors shift money into the safety of bonds while fleeing high-risk holdings in the health care and technology sectors. All the major stock indexes fell in late-afternoon trading on Wall Street as the broad sell-off put the...
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FILE - In this May 9, 2019, file photo traders Gregory Rowe and Benjamin Tuchman work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 24. (AP Photo/Richard Drew, File)
May 24, 2019 - 5:07 pm
Stocks on Wall Street notched modest gains Friday, erasing some of the market's steep losses from a day earlier. The upbeat finish to a turbulent week still left the market with its third straight weekly loss. Stocks swung between gains and losses all week as investors weighed the prospect of a...
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FILE - This Jan. 15, 2019 file photo shows treasurer of Pennsylvania Joe Torsella before Pennsylvania Gov. Tom Wolf takes the oath of office for his second term at the state Capitol in Harrisburg, Pa. Pennsylvania’s treasury department is accusing about a dozen large financial firms of working together to illegally inflate the price of bonds issued by Fannie Mae and Freddie Mac over seven years. A federal court filing by Torsella on Thursday, May 23, cites what his office says is evidence from a “cooperating co-conspirator” in a U.S. Department of Justice investigation into price-fixing in the secondary market for bonds issued by government-controlled companies. (AP Photo/Matt Rourke, File)
May 24, 2019 - 3:41 pm
HARRISBURG, Pa. (AP) — Pennsylvania's treasury department is accusing about a dozen large financial firms of working together to illegally inflate the price of bonds issued by Fannie Mae and Freddie Mac over seven years. A federal court filing by Pennsylvania Treasurer Joe Torsella cites what his...
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FILE - This Jan. 14, 2019, photo, shows a sign outside a home that has been sold, in Mount Lebanon, Pa. On Thursday, May 9, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Gene J. Puskar, File)
May 09, 2019 - 12:20 pm
WASHINGTON (AP) — U.S. long-term mortgage rates declined this week for a second straight week, reversing the upward trend in April as a lure to potential home buyers. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage fell to 4.10% from 4.14% last week. By...
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April 23, 2019 - 8:14 am
ATHENS, Greece (AP) — Greece's budget performance in 2018 was better than expected following some revenue-boosting measures by the government. According to the country's statistical agency, Greece recorded a primary budget surplus, which excludes the cost of servicing the country's vast public debt...
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In this Sept. 8, 2017, photo, visitors view a scale model of the ECRL (East Coast Rail Link) during the launching of the train project in Kuantan, east coast of peninsula Malaysia. Malaysia’s government says it has decided to resume a China-backed rail link project after the Chinese contractor agreed to cut construction cost by one-third. (AP Photo)
April 12, 2019 - 5:15 am
KUALA LUMPUR, Malaysia (AP) — Malaysia's government said Friday it has decided to resume a China-backed rail link project, after the Chinese contractor agreed to cut the construction cost by one-third. The deal follows months of vacillating over the East Coast Rail Link, which connects Malaysia's...
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