Financial markets

FILE - In this June 9, 2020, file photo, Federal Housing Finance Agency Director Mark Calabria testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill in Washington. The Supreme Court is hearing a case on Dec. 9, 2020, that could make it easier for the president to fire the head of the agency that oversees government-controlled mortgage giants Fannie Mae and Freddie Mac. The case could also mean undoing an arrangement between the companies and the government that has sent $246 billion in their profits to the Treasury. That was compensation for the taxpayer bailout they received after the 2007 housing market crash. (Astrid Riecken/The Washington Post via AP, Pool)
December 09, 2020 - 1:05 am
WASHINGTON (AP) — The Supreme Court is hearing a case Wednesday that could make it easier for the president to fire the head of the agency that oversees government-controlled mortgage giants Fannie Mae and Freddie Mac. The case could also mean undoing an agreement between the companies and the...
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FILE - In this July 9, 2020 file photo, the Fearless Girl statue stands in front of the New York Stock Exchange in New York. U.S. stocks edged lower in early trading Tuesday, Dec. 8 as investors worried that rising virus cases will delay a full economic recovery while the world waits for wide distribution of a vaccine. (AP Photo/Mark Lennihan, File)
December 08, 2020 - 5:32 pm
Technology and health care companies helped drive stocks to more gains Tuesday, leading to another round of milestones on Wall Street. The S&P 500 index rose 0.3%, eclipsing the all-time high it set on Friday. The Nasdaq composite and Russell 2000 index of small company stocks also set record...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Dec. 8, 2020. Asian stock markets followed Wall Street lower on Tuesday as surging coronavirus infections in the United States and some other countries tempered investor optimism about development of possible vaccines. (AP Photo/Ahn Young-joon)
December 07, 2020 - 10:53 pm
BEIJING (AP) — Asian stock markets followed Wall Street lower on Tuesday as surging coronavirus infections in the United States and some other countries tempered investor optimism about development of possible vaccines. Tokyo, Hong Kong and Seoul declined. Shanghai swung between gains and losses...
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Flanked by party members, Venezuelan opposition leader Juan Guaido speaks during a press conference, a day after parliamentary elections, in Caracas, Venezuela, Monday, Dec. 7, 2020. Guaido rejected the results of Sunday's elections in which the government of President Nicolas Maduro declared victory in an election where the European Union said did not meet democratic standards and could not be considered credible. (AP Photo/Ariana Cubillos)
December 07, 2020 - 3:06 pm
CARACAS, Venezuela (AP) — President Nicolás Maduro has cemented formal control over all major institutions of power in Venezuela with authorities reporting Monday that his political alliance easily won a majority in congress. Yet he remains a pariah to much of the world following an election...
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FILE - In this Oct.4, 2017 file photo, police officers escort Alexander Vinnik, center as they leave a courthouse at the northern Greek city of Thessaloniki. The Russian bitcoin expert at the center of a multi-country legal tussle was sentenced in Paris on Monday to five years in prison for money laundering and ordered to pay 100,000 in fines in a case of suspected cryptocurrency fraud. (AP Photo/Giannis Papanikos, File)
December 07, 2020 - 10:41 am
PARIS (AP) — A Russian bitcoin expert at the center of a multi-country legal tussle was sentenced in Paris on Monday to five years in prison for money laundering and ordered to pay 100,000 euros (more than $120,000) in fines in a case of suspected cryptocurrency fraud. A court acquitted Alexander...
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Mexican President Andrés Manuel López Obrador stands during the commemoration of his second anniversary in office, at the National Palace in Mexico City, on Tuesday, December 1, 2020. (AP Photo / Marco Ugarte )
December 06, 2020 - 10:40 am
MEXICO CITY (AP) — Mexico’s President Andrés Manuel López Obrador has tossed another hot potato to U.S. President-elect Joe Biden with a proposal that would restrict U.S. agents in Mexico and remove their diplomatic immunity. The proposal submitted quietly this week by López Obrador would require...
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FILE - In this Oct. 15, 2020, file photo Secretary of Education Betsy DeVos speaks at the Phoenix International Academy in Phoenix. DeVos has extended the moratorium on student loan payments and the accrual of interest until Jan. 31, 2021. (AP Photo/Matt York, File)
December 04, 2020 - 7:10 pm
The Trump administration on Friday suspended all federal student loan payments through the end of January and kept interest rates at 0%, extending a moratorium that started early in the pandemic but was set to expire at the end of this month. By extending payments by one month, the administration...
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The New York Stock Exchange is seen in New York, Monday, Nov. 23, 2020. U.S. stocks are ticking higher and heading back toward record highs on Friday, Dec. 4, despite discouraging data detailing how much damage the deepening pandemic is doing to the job market. (AP Photo/Seth Wenig)
December 04, 2020 - 4:48 pm
Wall Street closed out a solid week for stocks Friday with more record highs as traders took a discouraging jobs report as a sign that Congress will finally move to deliver more aid for the pandemic-stricken economy. The S&P 500 rose 0.9%, notching its third all-time high this week. The Dow...
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In this photo provided by the New York Stock Exchange, specialist James Denaro works at his post on the trading floor, Thursday Dec. 3, 2020. U.S. stocks are inching further into record heights Thursday, as Wall Street continues to coast following its rocket ride last month powered by hopes for coming COVID-19 vaccines. (Nicole Pereira/New York Stock Exchange via AP)
December 03, 2020 - 10:22 pm
BEIJING (AP) — Asian stock markets followed Wall Street lower Friday after Pfizer Inc. cut the number of doses of a planned coronavirus vaccine it might ship this year. Benchmarks in Shanghai, Tokyo and Hong Kong, which are the bulk of the region's market value, retreated while Sydney advanced...
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FILE - In this Nov. 16, 2020 file photo a man wearing a mask passes the New York Stock Exchange in New York. Stocks are opening moderately lower on Wall Street, edging below the record highs they set a day earlier. The S&P 500 fell 0.4% shortly after the opening bell Wednesday, Dec. 2. (AP Photo/Mark Lennihan, File)
December 02, 2020 - 5:32 pm
Stocks shook off a sluggish start to finish with modest gains Wednesday, nudging the S&P 500 index to an all-time high for the second straight day. The benchmark index rose 0.2% after spending much of the day drifting between small gains and losses. About 54% of the stocks in the index rose,...
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