Manage The Numbers - Financial Crisis

Financial Crisis

Jan 18, 2017

UN report: Asian growth outlook bright despite uncertainty

A United Nations report says Asia's economic outlook for 2017 is strong even as global growth stagnates due to sluggish international trade and investment

Jan 17, 2017

Richard Davis, longtime CEO of US Bank, to retire

U.S. Bank Chairman and CEO Richard Davis will retire from his job as head of one of the nation's largest regional banks

Official: Puerto Rico govt could collapse if no steps taken

Jan 17, 2017

The administration of Puerto Rico's new governor warns that the government of the U.S. territory could shut down if dramatic measures to offset its financial crisis aren't taken soon

Jan 17, 2017

Asian markets lower amid Brexit worries

Asian stock markets are mostly lower after Britain said Prime Minister Theresa May will call for a clean break with the European Union

Jan 16, 2017

Venezuela debuts new banknotes amid soaring inflation

Venezuelans stand in long ATM lines to take out new, larger-denominated bills that President Nicolas Maduro hopes will help stabilize the crisis-wracked economy

Jan 16, 2017

IMF raises China growth forecast but warns on debt

The International Monetary Fund has raised its growth forecast for China but warned that rising debt which has prompted concern about the country's finances increases the risk of a sharper slowdown

Moody's to pay $864M to settle claims it inflated ratings

Jan 14, 2017

Moody's Corp. has agreed to pay nearly $864 million to settle federal and state claims it gave inflated ratings to risky mortgage investments in the lead-up to the financial crisis

Fed Chair Yellen cites income gap among long-term risks

Jan 13, 2017

Federal Reserve Chair Janet Yellen says the U.S. economy is on solid ground now but it faces long-term risks posed by slow productivity growth and the widening income gap

Transcripts show Fed divided in 2011 over bond purchases

Jan 12, 2017

Newly released transcripts show Federal Reserve officials were sharply divided in 2011 over whether the central bank should launch a new program aimed at pushing long-term interest rates lower to spur economic growth

Forces loyal to self-declared PM seize Libyan ministries

Jan 12, 2017

A self-declared prime minister says his forces have seized at least three ministries in Libya's capital, declaring what appeared to be a miniature coup after what he described as a yearlong failure of the current U.N.-backed premier