Manage The Numbers - Financial Crisis

Financial Crisis

Iceland set to lift money controls left over since crisis

Mar 13, 2017

Iceland is set to lift the last of its controls on money transfers that it had set up almost nine years ago during the global financial crisis to avoid a collapse in its currency

Puerto Rico pitches changes to fiscal plan to avoid cuts

Mar 11, 2017

Puerto Rico Gov. Ricardo Rossello is proposing unspecific changes to the territory's proposed 10-year fiscal plan in hopes of avoiding a federal control board's recommendation to slash public employees' pay and working hours by 20 percent

Mar 10, 2017

Central banker: China's debt 'too high,' must be controlled

China's central bank governor says the country has to control soaring corporate debt but its economy and currency are stable

Board rejects Puerto Rico fiscal plan as unrealistic

Mar 10, 2017

Puerto Rico's governor clashed with a federal control board overseeing the island's finances after it rejected his fiscal plan for the U.S. territory's economic future as being unrealistic and too optimistic

Markets Right Now: Stocks end mixed on bull's birthday

Mar 9, 2017

The eighth birthday of the current bull market ended on Wall Street without much of a celebration

Mar 9, 2017

An aging, maligned bull market gets some birthday love

One of the stock market's greatest _ and most-mistrusted _ runs in history is marking its eighth anniversary, and it's finally getting some love

Control board: Puerto Rico needs to take emergency action

Mar 8, 2017

A federal control board says Puerto Rico needs to take "major emergency actions" to avoid shutting down because its cash flow is critically low

Mar 8, 2017

With tough part of Brexit ahead, UK marshals its resources

Britain's Treasury chief was upbeat about the state of the economy as he unveiled his budget, but said he plans to keep a lid on spending amid uncertainty over the country's exit from the European Union

Puerto Rico freezes tax credits, $1.8B in funds amid crisis

Mar 7, 2017

Puerto Rico's government says it is freezing all future tax credits and nearly $2 billion in funds for special assignments to help improve cash flow and balance the budget amid a decade-long recession

Mar 7, 2017

Disconnect between stock market and economy, OECD warns

The Organization for Economic Cooperation and Development is predicting that global economic growth this year will be 3.3 percent and rise to around 3.6 percent in 2018