- Fed Vice Chair Fischer keeps open possibility of Sept. hike Updated: Aug-29-15 12:35 pm
WASHINGTON - Federal Reserve Vice Chairman Stanley Fischer left the door open Saturday for a Fed rate increase in September, saying the factors that have been keeping inflation below the central bank's target level have likely begun to fade.
- A Q&A with Wall Street's top psychiatrist on market turmoil Updated: Aug-28-15 12:48 pm
NEW YORK - When it seems like the stock market has lost its mind, big banks and investment firms often turn to one particular psychiatrist: Richard Peterson, CEO of MarketPsych, a firm that applies research from behavioral science to financial markets.
- As markets drop, question is: will the Chinese still shop? Updated: Aug-28-15 11:14 am
BICESTER, England - The designer outlet mall of Bicester Village is set in the English countryside near Oxford, but it might as well be in China.
- US consumer spending up moderate 0.3 percent in July Updated: Aug-28-15 9:19 am
WASHINGTON - U.S. consumers increased their spending moderately in July, as wages and salaries made their biggest jump in eight months.
- Q&A about this week's market turmoil in China and beyond Updated: Aug-28-15 9:04 am
BEIJING - With the Chinese stock market turmoil that incited global panic abated - at least for now - here are some questions and answers about it, as well as lessons to learn:
- US group urges China to open insurance, securities markets Updated: Aug-28-15 1:01 am
BEIJING - An American business group urged China on Friday to allow more access to its insurance and other service industries, saying foreign skills could help develop its volatile stock markets and cope with disasters like the recent chemical explosion in Tianjin.
- The US economy's second quarter went from solid to stellar Updated: Aug-27-15 6:49 pm
WASHINGTON - The U.S. economy staged a far bigger rebound last quarter than first thought, outpacing the rest of the developed world and bolstering confidence that it will remain sturdy in coming months despite global headwinds.
- The Latest: Dow fell more than 600 points from day's peak Updated: Aug-25-15 5:13 pm
NEW YORK - The latest on the global financial market turmoil (all times local):
- Snyder: Michigan will see more trade, investment with China Updated: Aug-25-15 7:28 am
LANSING, Michigan - Gov. Rick Snyder says he thinks Michigan will see more trade and investment with China despite fears of an economic slowdown in the country.
- As stock prices sink, ordinary Americans keep their heads up Updated: Aug-25-15 6:55 am
WASHINGTON - Even as anxious investors send stock prices plunging, many Americans are sounding a rather different note:
- German businesses not worried about China - yet Updated: Aug-25-15 5:22 am
FRANKFURT, Germany - German companies shrugged off concerns about China's economy and turmoil in Greece, a key survey showed. The result, however, likely did not yet reflect the latest plunges in Chinese and global stock markets.
- How China's tremors could weaken the world's major economies Updated: Aug-24-15 6:40 pm
WASHINGTON - China is exporting something new to the world economy: Fear.
- Why stocks are tumbling 6 years into the bull market Updated: Aug-24-15 8:01 am
NEW YORK - Well, that was fun while it lasted.
- Puerto Rico statehooders see opportunity as woes deepen Updated: Aug-24-15 1:16 am
MANATI, Puerto Rico - Revelers arrived in cars sporting the American flag and wore clothes in red, white and blue as they celebrated the anniversary of Puerto Rico's pro-statehood political party with deafening salsa music and speeches.
- Spain: New leftist mayors turn back on bullfighting Updated: Aug-22-15 9:19 am
VILLAFRANCA DE LOS CABALLEROS, Spain - Bullfights or schoolbooks? A new breed of local officials in Spain are asking.
- Sinking currencies point to jitters about emerging economies Updated: Aug-21-15 6:07 pm
WASHINGTON - The damage spans the globe.
- Greek election looms as parties struggle to form government Updated: Aug-21-15 2:10 pm
ATHENS, Greece - Greece's main opposition party launched efforts to form a new government Friday following Prime Minister Alexis Tsipras' resignation, but made no progress in what appears a doomed task - which will pave the way for another potentially destabilizing election.
- Barrel of US crude drops below $40 Updated: Aug-21-15 1:34 pm
NEW YORK - A barrel of U.S. crude fell below $40 per barrel for the first time since the end of the global economic crisis.
- Japan's finance minister warns China on currency moves Updated: Aug-21-15 5:37 am
TOKYO - Japanese Finance Minister Taro Aso said Friday that recent moves by China to allow its currency to depreciate are a concern and could pose problems for Tokyo.
- Eurozone economy resilient in face of Greece, survey shows Updated: Aug-21-15 5:16 am
LONDON - The 19-country eurozone economy was resilient in the face of the recent crisis in Greece, which saw the country on the brink of a euro exit, a closely watched survey showed Friday.
- Q&A: How turbulence in China stocks masks a bigger story Updated: Aug-20-15 3:49 pm
NEW YORK - Doubts about China have rattled investors' nerves this summer. A plunge in the country's high-flying stock market along with sudden drops in its currency have heightened fears about the world's second-largest economy.
- Ex-Wilmington Trust president makes first court appearance Updated: Aug-20-15 3:31 pm
WILMINGTON, Delaware - Former Wilmington Trust president Robert Harra Jr. was ordered released on bail Thursday after pleading not guilty to fraud and conspiracy charges stemming from an ongoing federal investigation into the collapse of the century-old financial institution.
- Regulators sue 2 companies making loans against pensions Updated: Aug-20-15 3:22 pm
WASHINGTON - Federal and New York regulators have sued two companies that make loans against retirees' pensions, saying they deceived consumers about the high rates of the loans.
- Venezuela's telenovelas struggle back from the brink Updated: Aug-18-15 12:02 am
CARACAS, Venezuela - A worker on the set strikes the clapperboard to the shout of "Action!" and three women launch into a heated argument about an abandoned child who was rescued from the streets but cannot be tamed of her violent impulses.
- NY comptroller says high home foreclosure level persists Updated: Aug-17-15 11:55 am
ALBANY, New York - The foreclosure crisis persists in New York, even worsening in some suburban and upstate areas, the state comptroller reported Monday.