Financial Crisis

Fed Chair Powell says gradual rate hikes best approach

Oct 2, 2018

Fed chairman says gradual rate hikes best way to balance risks during extraordinary economic times

Europe 'more exposed' in next downturn, Moody's warns

Oct 2, 2018

In a bleak assessment, credit ratings agency Moody's has warned that Europe remains highly vulnerable to another downturn despite all its fire-fighting efforts over the past few years

GE, seeking path forward as a century-old company, ousts CEO

Oct 1, 2018

John Flannery out at General Electric after a year of jolts as century-old company seeks path forward

AP FACT CHECK: Trump's falsehoods on health plan protections

Oct 1, 2018

AP FACT CHECK: Trump claims he will 'fight for' health coverage that protects people with pre-existing medical conditions, but that's not what his Justice Department says

AP FACT CHECK: The Kavanaugh nomination and the world beyond

Sep 29, 2018

AP FACT CHECK: For once on the sidelines, Trump expounds on interest rates and trade while Kavanaugh judges himself exonerated, prematurely

Money or not, world can't drop Palestinian refugees, says UN

Sep 28, 2018

AP Interview: Facing financial crisis after the United States cut funding, the head of the UN agency that helps 5.3 million Palestinian refugees says the problem of their well-being will exist whether there's money or not.

Powell: Fed rate increases are intended to prolong recovery

Sep 27, 2018

Fed Chairman Powell says gradual rate increases are aimed at prolonging economic recovery

Argentina peso slides after record loan with IMF

Sep 27, 2018

The Argentine peso has slipped a day after the government reached a revised $57.1 billion loan package with the International Monetary Fund that seeks to ease investor concerns over the country's ability to meet its debts amid an economic crisis

Argentina, IMF reach deal to boost financing to $57 billion

Sep 26, 2018

Argentina's economy minister says the South American country has reached a revised lending agreement with the International Monetary Fund increasing the amount of a loan package

Argentina's central bank chief resigns amid IMF negotiations

Sep 26, 2018

Argentina's central bank chief has resigned amid negotiations with the International Monetary Fund

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