Financial crisis

FILE - In this Jan. 24, 2008 file photo, students sit at their desks inside a classroom, at Republica del Peru middle school, in San Juan, Puerto Rico. The U.S. territory is closing 184 public schools, officials announced Friday, May 5, 2017, in a move expected to save millions of dollars amid a deep economic crisis. (AP Photo/Brennan Linsley, File)
May 05, 2017 - 12:11 pm
SAN JUAN, Puerto Rico (AP) — Puerto Rico is closing 184 public schools in a move expected to save millions of dollars amid a deep economic crisis that has sparked an exodus to the U.S. mainland in the past decade, officials said Friday. An estimated 27,000 students will be moved elsewhere when...
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FILE - In this Jan. 24, 2008 file photo, students sit at their desks inside a classroom, at Republica del Peru middle school, in San Juan, Puerto Rico. The U.S. territory is closing 184 public schools, officials announced Friday, May 5, 2017, in a move expected to save millions of dollars amid a deep economic crisis. (AP Photo/Brennan Linsley, File)
May 05, 2017 - 12:04 pm
SAN JUAN, Puerto Rico (AP) — Puerto Rico is closing 184 public schools in a move expected to save millions of dollars amid a deep economic crisis that has sparked an exodus to the U.S. mainland in the past decade, officials said Friday. An estimated 27,000 students will be moved elsewhere when...
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Children walk past election campaign posters for French centrist presidential candidate Emmanuel Macron and far-right candidate Marine Le Pen, in Osses, southwestern France, Friday May 5, 2017. France will vote on Sunday May 7 in the second round of the presidential election. (AP Photo/Bob Edme)
May 05, 2017 - 7:55 am
LONDON (AP) — The mood in financial markets appears relaxed, upbeat even, heading into Sunday's French presidential election on the belief that centrist Emmanuel Macron will prevail by some margin. It's so sanguine, in fact, that it would make a surprise victory by his rival, Marine Le Pen from the...
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Japanese Finance Minister Taro Aso, second from left shakes hands with Philippines Finance Minister, Carlos Dominguez before their meeting of the ASEAN+3 (Association of Southeast Asian Nations) meeting in Yokohama, Friday, May 5, 2017. (AP Photo/Koji Sasahara)
May 05, 2017 - 3:25 am
YOKOHAMA, Japan (AP) — Top financial leaders of the Association of Southeast Asian Nations met with their counterparts from Japan, China and South Korea on Friday to discuss ways to improve cooperation to cope with financial crises. At the gathering in Yokohama on the sidelines of the Asian...
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House Financial Services Committee member Rep. Randy Hultgren, R-Ill. speaks on Capitol Hill in Washington, Tuesday, May 2, 2017, during the committee's hearing on overhauling the nation's financial rules. (AP Photo/Manuel Balce Ceneta)
May 04, 2017 - 12:08 pm
WASHINGTON (AP) — The Latest on a bill that would repeal about 40 provisions of the Dodd-Frank financial regulatory law (all times local): 12:05 p.m. A House panel has approved legislation that would undo much of the Dodd-Frank law enacted after the 2008 economic meltdown. The bill cleared the...
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House Financial Services Committee member Rep. Randy Hultgren, R-Ill. speaks on Capitol Hill in Washington, Tuesday, May 2, 2017, during the committee's hearing on overhauling the nation's financial rules. (AP Photo/Manuel Balce Ceneta)
May 03, 2017 - 12:05 pm
WASHINGTON (AP) — House Republicans on Wednesday blocked Democratic efforts to preserve the independence of a consumer watchdog created after the 2008 economic meltdown as the GOP pressed ahead with an overhaul of the nation's financial regulatory law. On the second day of a contentious, marathon...
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House Financial Services Committee member Rep. Randy Hultgren, R-Ill. speaks on Capitol Hill in Washington, Tuesday, May 2, 2017, during the committee's hearing on overhauling the nation's financial rules. (AP Photo/Manuel Balce Ceneta)
May 03, 2017 - 10:34 am
WASHINGTON (AP) — House Republicans on Wednesday blocked Democratic efforts to preserve the independence of a consumer watchdog created after the 2008 economic meltdown as the GOP pressed ahead with an overhaul of the nation's financial regulatory law. On the second day of a contentious, marathon...
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People carry a large Puerto Rican flag as they protest looming austerity measures amid an economic crisis and demand an audit on the island's debt to identify those responsible, in San Juan, Puerto Rico, Monday, May 1, 2017. Puerto Rico is preparing to cut public employee benefits, increase tax revenue, hike water rates and privatize government operations, among other things. (AP Photo/Danica Coto)
May 02, 2017 - 9:57 am
SAN JUAN, Puerto Rico (AP) — Bondholders filed to sue Puerto Rico on Tuesday in the first legal challenges to hit the U.S. territory after a freeze on litigation that protected it from lawsuits expired amid a deep economic crisis. A group representing those who bought a portion of the $16 billion...
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May 02, 2017 - 9:00 am
SAN JUAN, Puerto Rico (AP) — Bondholders filed to sue Puerto Rico on Tuesday in the first legal challenge that hit the U.S. territory after a freeze on litigation that protected it from lawsuits expired amid a deep economic crisis. A group representing those who bought a portion of the $16 billion...
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May 02, 2017 - 7:44 am
WASHINGTON (AP) — Republicans who eagerly awaited a GOP president so they could take a heavy knife to many of the regulatory requirements for banks, insurers and other financial institutions finally get their chance. The House Financial Services Committee, led by Texas Rep. Jeb Hensarling, is...
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