Manage The Numbers - Financial Crisis

Financial Crisis

Puerto Rico power company announces 15 percent drop in bills

Oct 4, 2018

Puerto Rico's power company has announced a 15 percent reduction in electric bills as people struggle to recover from Hurricane Maria amid an economic crisis

UK's May tells critics to drop dream of a 'perfect' Brexit

Oct 3, 2018

British Prime Minister Theresa May is battling to unite her Conservative Party, telling critics to abandon their dreams of a "perfect" Brexit and "come together" as divorce negotiations with the European Union enter their tough final phase

The Latest: UK to end decade of austerity policy

Oct 3, 2018

British Prime Minister Theresa May says her Conservative government plans to scrap years of cost-cutting austerity policies introduced after the 2008 global financial crisis

A decade after financial crisis, Theresa May says UK government will end austerity policy, loosen public purse-strings

Oct 3, 2018

A decade after financial crisis, Theresa May says UK government will end austerity policy, loosen public purse-strings

Greek bank shares tumble amid fears over bad loans

Oct 3, 2018

Greek banking shares are down sharply amid investor fears over the lenders' need to reduce their large stock of bad loans

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

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