Financial Markets

Puerto Rico finances under scrutiny amid plea for help

Jan 19, 2018

Top financial officials in Puerto Rico offered a peek Friday into why the U.S. territory is mired in an 11-year recession as a federal control board demanded more transparency and information about the island's finances

Stocks rise despite looming US government closure

Jan 19, 2018

Modest gains for world shares as US government closure looms, dollar retreats

Asian shares mixed as US government shutdown threat looms

Jan 19, 2018

Asian stock markets were uneven and the dollar fell following Wall Street's retreat as the threat of a U.S. federal government shutdown loomed

Venezuela talks stalled over remark on slain rebel policeman

Jan 18, 2018

A top official's claim that Venezuelan opposition leaders helped reveal the hideout of a rebel police officer who was later killed by security forces have stalled talks that aim to resolve the country's deep political and economic crisis

Global stocks mostly higher on strong Chinese growth

Jan 18, 2018

Global shares mostly higher, Wall Street futures flat after China reports strong economic growth figures

Financial Services

American Express posts $1.2 billion loss due to new tax law

Jan 18, 2018

Credit card company American Express posts $1.2 billion loss in the fourth quarter, as the company booked large one-time charges related to the new tax law

Morgan Stanley's profits fall 59 percent due to tax bill

Jan 18, 2018

Morgan Stanley's earnings fell 59 percent in the fourth quarter as the investment bank had to book $990 million in charges related to the new tax law.

China says cross-border cash flows hit turning point in '17

Jan 18, 2018

Financial regulators in China say cross-border capital flows hit a turning point in 2017 as foreign currency reserve levels stabilized after two years of declines

Entire operation of federal consumer regulator under review

Jan 17, 2018

Acting director of Consumer Financial Protection Bureau calls for review of entire structure and approach of federal government's consumer watchdog agency

Senate committee approves nomination of Powell for Fed chair

Jan 17, 2018

Senate Banking Committee approves nomination of Jerome Powell as Fed chairman for second time

Weather, 20 December
Houston Weather
+7

High: +11° Low: -2°

Humidity: 83%

Wind: NNE - 7 KPH

Canberra Weather
+27

High: +27° Low: +17°

Humidity: 87%

Wind: W - 20 KPH

Roissy-en-France Weather
+6

High: +6° Low: -5°

Humidity: 87%

Wind: ENE - 7 KPH

Florence Weather
+9

High: +9° Low: +6°

Humidity: 97%

Wind: ENE - 17 KPH

Parga Weather
+7

High: +16° Low: +4°

Humidity: 100%

Wind: SE - 25 KPH