Financial crisis

Swiss Federal Councillor Guy Parmelin, center, British Secretary of State for International Trade Liam Fox, left, and Liechtenstein's Foreign Minister Aurelia Frick, right, shake hands after signing a trade agreement in Bern, Switzerland, Monday, Feb. 11, 2019. Parmelin and Fox signed a bilateral trade agreement regulating relations between the two countries after the Brexit. Because of the customs treaty with Switzerland, the agreement also applies to Liechtenstein. (Peter Klaunzer/Keystone via AP)
February 11, 2019 - 10:09 am
LONDON (AP) — British Prime Minister Theresa May sought a compromise Monday with opposition leader Jeremy Corbyn in hopes of securing his backing for a divorce deal with the European Union. The political maneuvering comes amid strong signs that uncertainty over Brexit is already clamping down on...
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Britain's Prime Minister Theresa May talks to journalists after her meeting with European Council President Donald Tusk at the European Council headquarters in Brussels, Thursday, Feb. 7, 2019. (AP Photo/Francisco Seco)
February 11, 2019 - 8:36 am
LONDON (AP) — Britain's economy slowed last year to its weakest growth rate since the global financial crisis as mounting uncertainty over Brexit weighed on businesses and kept a lid on their investments, official figures showed Monday. The Office for National Statistics said that the British...
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U.S. Sen. Elizabeth Warren, D-Mass., acknowledges cheers as she takes the stage during an event to formally launch her presidential campaign, Saturday, Feb. 9, 2019, in Lawrence, Mass. (AP Photo/Elise Amendola)
February 10, 2019 - 6:39 am
LAWRENCE, Mass. (AP) — The Latest on Sen. Elizabeth Warren and the 2020 election (all times local): 12:45 p.m. One of Elizabeth Warren's rivals in the Democratic race for president is coming to her defense in the face of attacks by President Donald Trump's re-election campaign. Sen. Kirsten...
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FILE - This Aug. 22, 2003 file photo shows the corporate headquarters of BB&T in Winston-Salem, N.C. Southern regional banks BB&T and SunTrust are combining in an all-stock deal valued at about $66 billion. The banks said Thursday, Feb. 7, 2019 that the combined company will be the sixth-largest U.S. bank based on assets and deposits. It will have approximately $442 billion in assets, $301 billion in loans and $324 billion in deposits serving more than 10 million households (David Rolfe/The Winston-Salem Journal via AP)
February 07, 2019 - 12:39 pm
NEW YORK (AP) — Southern banking giants BB&T and SunTrust announced they would merge in a $66 billion deal, the first big bank merger since the chaos of the 2008 financial crisis. The deal would create yet another financial titan in the U.S. The combined company will be the sixth-largest retail...
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The Governor of the Bank of England, Mark Carney speaks during a news conference to confirm the main interest rate will remain at 0.75 percent, at the Bank of England in London, Thursday Feb. 7, 2019. The Bank of England said that Brexit uncertainties and a weaker global economy overall, mean that British growth in 2019 is likely to be 1.2 percent. (Hannah McKay/Pool via AP)
February 07, 2019 - 9:54 am
LONDON (AP) — The British economy is set to grow at its slowest rate since the global financial crisis a decade ago as the "fog of Brexit" causes heightened uncertainty, the Bank of England warned Thursday. With Britain due to leave the European Union in just 50 days, the central bank said that...
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February 05, 2019 - 9:51 pm
CANBERRA, Australia (AP) — The Commonwealth Bank of Australia has recorded a drop in statutory net profit in its latest half-year to 4.6 billion Australian dollars ($3.3 billion) as the nation's biggest lender was hit by costs for misconduct, lower profit margins and a downturn in the housing...
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January 30, 2019 - 2:35 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 2:30 p.m. Investors liked what they heard from the Federal Reserve and sent stocks higher after the central bank indicated it would hold off on raising interest rates for the time being. The Dow Jones...
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January 30, 2019 - 1:01 pm
SAN JUAN, Puerto Rico (AP) — Attorneys representing bondholders hit by a recent request to dismiss more than $6 billion of Puerto Rico's debt demanded more time to fight the proposal during a federal debt restructuring hearing on Wednesday. The attorneys said all bondholders need to be alerted and...
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FILE - In this Dec. 19, 2018, file photo, Federal Reserve Chairman Jerome Powell speaks at a news conference in Washington DC. With the Federal Reserve considered sure to leave interest rates unchanged Wednesday, investors will be looking to hear Powell sound a reassuring theme that a pause in the Fed’s rate hikes could last a while. (AP Photo/Susan Walsh, File)
January 30, 2019 - 3:13 am
WASHINGTON (AP) — With the Federal Reserve considered sure to leave interest rates unchanged Wednesday, investors will be hoping to hear Chairman Jerome Powell sound a reassuring theme that a pause in the Fed's rate hikes could last a while. Powell has been invoking the word "patient" to describe...
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A government supporter reads a newspaper standing next to a poster featuring Venezuela's late President Hugo Chavez with a message that reads in Spanish: "Hot corner, Maduro president," in Caracas, Venezuela, Tuesday, Jan. 29, 2019. “Esquina Caliente” or Hot Corner is a section of Plaza Bolivar where Chavez supporters gather regularly. (AP Photo/Rodrigo Abd)
January 29, 2019 - 5:59 pm
CARACAS, Venezuela (AP) — The latest on the political and economic crisis in Venezuela (all times local): 6:55 p.m. The Venezuelan opposition's new envoy in Washington is calling for the international community to ramp up pressure on the socialist government of President Nicolas Maduro. Carlos...
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