Financial Crisis

Board: Puerto Rico needs reforms, pay portion of debt

Feb 12, 2018

The president of a federal control board overseeing Puerto Rico's finances says the island needs to urgently implement structural reforms and pay back a portion of its debt

Column: Another Olympic city faces a financial calamity

Feb 12, 2018

Column: The most certain thing at the Olympics is the host city taking a financial bath, and it's certainly going to be no different for Pyeongchang

Global stocks rise, Wall Street expected to open higher

Feb 12, 2018

Global stock markets are up strongly and Wall Street is forecast to open higher after gains at the end of last week's turbulent trading

Asian markets mostly higher after Wall Street gains

Feb 12, 2018

Asian stock markets are mostly higher after Wall Street gained following a turbulent week

Stock drop could pose risk to US economy _ if it endures

Feb 11, 2018

Plummeting stock market seems unlikely to slow US economy _ unless it rages on

Dow Jones industrials drop 500 points, or 2 percent, as stocks head for their worst week since the 2008 financial crisis

Feb 9, 2018

Dow Jones industrials drop 500 points, or 2 percent, as stocks head for their worst week since the 2008 financial crisis

Leader of militant Hamas leaves Gaza for talks in Egypt

Feb 9, 2018

The militant Islamic group Hamas that rules Gaza says its top leader is heading a delegation for talks in Egypt meant to bring economic relief to Gaza

Rio Carnival evolves into low-cost street party extravaganza

Feb 9, 2018

Rio de Janeiro's famous Carnival celebrations are shifting from heavy spending to bargain-hunting tourists

Colombia tightens border control as Venezuela migrants surge

Feb 8, 2018

Colombia will tighten control of over its porous border with Venezuela as thousands of migrants fleeing a rapidly deteriorating political and economic crisis escape into the neighboring Andean nation

How the market's turmoil could affect Fed's rate decisions

Feb 8, 2018

How market turmoil could cause Federal Reserve to rethink pace of rate hikes

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