Financial Crisis

Britain's famed Queen Elizabeth 2 ship now a hotel in Dubai

Apr 17, 2018

Britain's famed Queen Elizabeth 2 cruise ship will finally open as a floating luxury hotel moored off Dubai nearly a decade after her last ocean voyage

Puerto Rico town to dismiss 200 in largest such layoffs

Apr 12, 2018

A small mountain town in central Puerto Rico says it will dismiss 200 employees in the largest layoff of its kind in the U.S. territory in more than a decade

Report: Many state pension systems have huge funding gaps

Apr 12, 2018

A new study says that many state pension systems for government workers are badly underfunded, putting core state programs at risk

Fed proposes streamlining annual stress tests for banks

Apr 10, 2018

Federal Reserve proposes streamlining annual stress tests for nation's biggest banks

Job licensing details trip up storm-displaced Puerto Ricans

Apr 10, 2018

Many of the tens of thousands of Puerto Ricans who have relocated to the U.S. mainland since Hurricane Maria struck last September are struggling to find jobs in their fields

Major banking group sides with Senate in Dodd-Frank overhaul

Apr 9, 2018

Leading banking groups are calling on House leaders to accept Senate-passed legislation easing financial rules adopted after the 2008 economic crisis

US senator meets with Venezuelan president, jailed Utah man

Apr 7, 2018

An influential U.S. senator has pressed for fair elections and the release of a jailed American during his private meeting with Venezuelan President Nicolas Maduro

Paris conference raises over $11 billion to help Lebanon

Apr 6, 2018

International donors have pledged $11 billion in loans and grants to help debt-ridden Lebanon at a conference in Paris

Puerto Rico files fiscal plan without layoffs, pension cuts

Apr 5, 2018

Puerto Rico has submitted a required fiscal plan that excludes pension cuts and layoffs sought by a federal oversight board

Puerto Rico to close 283 schools amid sharp enrollment drop

Apr 5, 2018

Puerto Rico's Department of Education says it will close 283 schools this summer following a sharp drop in enrollment amid the island's long economic crisis and the continued departure of families after Hurricane Maria

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