Financial crisis

Opposition members dance outside of a poll station during a symbolic referendum in Caracas, Venezuela, Sunday, July 16, 2017. Venezuela's opposition called for a massive turnout Sunday in a symbolic rejection of President Nicolas Maduro's plan to rewrite the constitution, a proposal that's escalating tensions in a nation stricken by widespread shortages and more than 100 days of anti-government protests.(AP Photo/Jesus Hernandez)
July 16, 2017 - 11:12 pm
CARACAS, Venezuela (AP) — Hundreds of thousands of Venezuelans lined up across the country and in expatriate communities around the world Sunday to vote in a symbolic rejection of President Nicolas Maduro's plan to rewrite the constitution, a proposal that's raising tensions in a nation battered by...
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July 16, 2017 - 10:25 pm
BEIJING (AP) — China's economic growth held steady in the latest quarter, boosted by trade and consumer spending, despite concerns about a possible impending slowdown. Output rose 6.9 percent in the three months ending in June compared with a year earlier, government data showed Monday. That was in...
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July 16, 2017 - 10:05 pm
BEIJING (AP) — China's economic growth held steady in the latest quarter, boosted by unusually strong trade, despite concerns about a possible impending slowdown. Government data on Monday showed output rose 6.9 percent in the three months ending in June compared with a year earlier. China's...
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FILE - In this June 13, 2012, file photo, JPMorgan Chase CEO Jamie Dimon testifies before the Senate Banking Committee on Capitol Hill in Washington. During calls with reporters and Wall Street analysts on Friday, July 14, 2017, Dimon vented his irritation with politicians and the news media, arguing that the nation is spending too much time bickering instead of solving real issues. (AP Photo/J. Scott Applewhite, File)
July 14, 2017 - 2:09 pm
NEW YORK (AP) — After JPMorgan Chase posted a record $7 billion quarterly profit, the last thing a contentious Jamie Dimon wanted to talk about Friday were his company's earnings. Instead, the CEO of the nation's largest bank vented his irritation with politicians and what he called gridlock that's...
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FILE - In this Thursday, March 23, 2017, file photo, Federal Reserve Chair Janet Yellen looks at documents while waiting to speak at the Federal Reserve System Community Development Research Conference in Washington. Beginning Wednesday, July 12, 2017, Yellen speaks to Congress about monetary policy and the state of the economy. (AP Photo/Cliff Owen, File)
July 12, 2017 - 8:56 am
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen told Congress on Wednesday that the central bank expects to keep raising a key interest rate at a gradual pace and also plans to start trimming its massive bond holdings this year. In her semiannual testimony on the economy, Yellen took note of a...
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July 12, 2017 - 8:55 am
LONDON (AP) — Royal Bank of Scotland says it has reached a $5.5 billion settlement in the United States over mortgage-backed securities issued before the financial crisis. The deal with the Federal Housing Finance Agency — the conservator of Fannie Mae and Freddie Mac — resolves claims regarding...
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FILE - In this Thursday, March 23, 2017, file photo, Federal Reserve Chair Janet Yellen looks at documents while waiting to speak at the Federal Reserve System Community Development Research Conference in Washington. Beginning Wednesday, July 12, 2017, Yellen speaks to Congress about monetary policy and the state of the economy. (AP Photo/Cliff Owen, File)
July 12, 2017 - 8:40 am
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen told Congress on Wednesday that the central bank expects to keep raising a key interest rate at a gradual pace and also plans to start trimming its massive bond holdings this year. In her semiannual testimony on the economy, Yellen took note of a...
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July 12, 2017 - 5:37 am
LONDON (AP) — Unemployment in Britain fell in May to its lowest level since the mid-1970s, evidence that the labor market is resilient in the face of a wider economic slowdown largely related to uncertainty surrounding the country's upcoming exit from the European Union. The Office for National...
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July 12, 2017 - 5:10 am
LONDON (AP) — Official figures show that unemployment in Britain has fallen once again as the labor market shows resilience to a slowdown in the wider economy. The Office for National Statistics said Wednesday that the country's unemployment rate between March and May fell to 4.5 percent, down 0.2...
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July 12, 2017 - 4:48 am
LONDON (AP) — Official figures show that unemployment in Britain has fallen once again as the labor market shows resilience to a slowdown in the wider economy. The Office for National Statistics said Wednesday that the country's unemployment rate between March and May fell to 4.5 percent in the...
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