Banking and credit

Kathleen Manafort, walks into federal court after the court received a note from the jury during the second day of jury deliberations in the trial of the former Donald Trump campaign chairman, in Alexandria, Va., Friday, Aug. 17, 2018. (AP Photo/Jacquelyn Martin)
August 17, 2018 - 5:07 pm
ALEXANDRIA, Va. (AP) — The Latest on the trial of Paul Manafort (all times local): 5:05 p.m. The jury in the fraud trial of former Trump campaign chairman Paul Manafort has been sent home for the weekend after concluding a second day of deliberations without reaching a verdict. Judge T.S. Ellis III...
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Defense attorney Kevin Downing, left, with Thomas Zehnle and Jay Nanavati, right, makes a statement to the media outside federal court after closing arguments and jury instructions ended in the trial of the former Donald Trump campaign chairman, in Alexandria, Va., Wednesday, Aug. 15, 2018. (AP Photo/Jacquelyn Martin)
August 15, 2018 - 9:50 pm
ALEXANDRIA, Va. (AP) — Paul Manafort lied to keep himself flush with cash for his luxurious lifestyle and lied some more to procure millions in bank loans when his income dropped off, prosecutors told jurors Wednesday in closing arguments at the former Trump campaign chairman's financial fraud...
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A statue of "Justice" is seen at federal court as closing arguments are expected in the trial of former Trump campaign chairman Paul Manafort, in Alexandria, Va., Wednesday, Aug. 15, 2018. (AP Photo/Jacquelyn Martin)
August 15, 2018 - 5:01 pm
ALEXANDRIA, Va. (AP) — The Latest on the trial of onetime Trump campaign chairman Paul Manafort (all times local): 4:55 p.m. Closing arguments in the financial fraud trial of former Trump campaign chairman Paul Manafort have finished after four hours. Prosecutors emphasized the government's trove...
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Members of the defense team for Paul Manafort, including Thomas Zehnle, left, Brian Ketcham, and Kevin Downing, leave federal court during a break of the trial of former Donald Trump campaign chairman Paul Manafort, in Alexandria, Va., Tuesday, Aug. 14, 2018. The defense has rested their case. (AP Photo/Jacquelyn Martin)
August 14, 2018 - 5:33 pm
ALEXANDRIA, Va. (AP) — Paul Manafort's defense rested its case Tuesday without calling any witnesses in the former Trump campaign chairman's tax evasion and bank fraud trial. Manafort himself chose not to testify. The decision not to call witnesses clears the way for the jury to hear closing...
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An investor walks in front of trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Tuesday, Aug. 14, 2018. Most Asian stock markets rose Tuesday after Wall Street declined as Turkey’s central bank struggled to contain a currency crisis that is feeding fears about other emerging markets. (AP Photo/Yam G-Jun)
August 14, 2018 - 5:13 am
BEIJING (AP) — Most global stock markets rebounded Tuesday after Wall Street slid on worries Turkey's currency crisis will hurt other emerging markets. KEEPING SCORE: In early trading, Germany's DAX rose 0.7 percent to 12,441.97 and France's CAC 40 gained 0.4 percent to 5,432.48. London's FTSE 100...
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FILE - In this Oct. 24, 2017, file photo people pass the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, Aug 13. (AP Photo/Richard Drew)
August 13, 2018 - 4:58 pm
NEW YORK (AP) — U.S. stocks fell further Monday as Turkey's central bank was unable to stop a steep plunge in the nation's currency. That's helping to push the dollar higher, hurting big exporters. Stocks are coming off their worst losses in a month as investors worry about financial and economic...
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A Turkish waits to change his US dollars with Turkish liras inside a currency exchange shop in Ankara, Turkey, Friday, Aug. 10, 2018. A financial shockwave ripped through Turkey on Friday as its currency nosedived on concerns about its 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. (AP Photo/Burhan Ozbilici)
August 13, 2018 - 9:55 am
ANKARA, Turkey (AP) — The Latest on Turkey's currency crisis (all times local): 4:55 p.m. 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. Angered by the continued detention of an...
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A Turkish man leaves a currency exchange shop in Ankara, Turkey, Friday, Aug. 10, 2018. A financial shockwave ripped through Turkey on Friday as its currency nosedived on concerns about its 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. (AP Photo/Burhan Ozbilici)
August 13, 2018 - 4:14 am
ANKARA, Turkey (AP) — Turkey's central bank announced a series of measures on Monday to free up cash for banks as the country grapples with a currency crisis sparked by concerns over President Recep Tayyip Erdogan's economic policies and a trade and diplomatic dispute with the United States. The...
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Turkey's President Recep Tayyip Erdogan addresses supporters at his Black Sea hometown, Guneysu, Turkey, early Friday, Aug. 10, 2018. Turkey's Finance and Treasury Minister Berat Albayrak will reveal a " new economic model " as the Turkish Lira has lost more than 30 percent of its value since the start of the year.(Presidential Press Service via AP, Pool)
August 10, 2018 - 6:34 pm
ANKARA, Turkey (AP) — A financial shockwave ripped through Turkey on Friday, when its currency nosedived on concerns about its 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. The lira tumbled 14 percent in...
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The defense team for Paul Manafort, including Kevin Downing, center, Thomas Zehnle, right, and Richard Westling walk to federal court during the trial of the former Trump campaign chairman, Friday, Aug. 10, 2018, in Alexandria, Va. (AP Photo/Evan Vucci)
August 10, 2018 - 4:30 pm
ALEXANDRIA, Va. (AP) — The Latest on the bank fraud and tax evasion trial of former Trump campaign chairman Paul Manafort (all times local): 4 p.m. A New York banking executive is testifying that the chairman of his bank overruled his own bank's president in order to approve a $9.5 million loan to...
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