Financial crisis

February 27, 2020 - 5:40 pm
LOS ANGELES (AP) — This week’s big sell-off on Wall Street suggests stocks have finally caught up to the bond market, where fear of an economic slowdown has been evident for months. Signs that the new coronavirus that originated in China is now spreading to other parts of the world rattled...
Read More
U.S.President Donald Trump points to a question during a news conference, Tuesday, Feb. 25, 2020, in New Delhi, India. (AP Photo/Alex Brandon)
February 25, 2020 - 9:03 am
NEW DELHI (AP) — Defending the host who has showered him with pomp and pageantry, President Donald Trump refused Monday to speak out publicly against a controversial new Indian citizenship law pushed by Prime Minister Narendra Modi that has sparked deadly protests over discrimination against...
Read More
Women wearing sanitary masks walk in downtown Milan, Italy, Monday, Feb. 24, 2020. Italy has been scrambling to check the spread of Europe's first major outbreak of the new viral disease amid rapidly rising numbers of infections, calling off the popular Venice Carnival, scrapping major league soccer matches in the stricken area and shuttering theaters, including Milan's legendary La Scala. (AP Photo/Luca Bruno)
February 24, 2020 - 12:48 pm
FRANKFURT, Germany (AP) — The widening coronavirus outbreak threatens to seriously disrupt the global economy just as it was steadying itself against headwinds from the U.S.-China trade dispute. Stocks fell sharply on Monday around the world on news of more infections in different countries. The U...
Read More
A voter casts his ballot in the parliamentary elections in a polling station in Tehran, Iran, Friday, Feb. 21, 2020. Iranians began voting for a new parliament Friday, with turnout seen as a key measure of support for Iran's leadership as sanctions weigh on the economy and isolate the country diplomatically. (AP Photo/Vahid Salemi)
February 21, 2020 - 9:24 am
TEHRAN, Iran (AP) — Iranians voted for a new parliament Friday, with turnout seen as a key measure of support for Iran's leadership as sanctions weigh on the economy and U.S. pressure isolates the country diplomatically. The disqualification of more than 7,000 potential candidates, most of them...
Read More
FILE - In this Oct. 18, 2011, file photo, the Morgan Stanley logo is displayed on its Times Square building, in New York. Morgan Stanley is buying online brokerage E-Trade in an all-stock deal valued at about $13 billion. In the all-stock deal announced Thursday, Feb. 20, 2020, E*Trade shareholders will receive 1.0432 Morgan Stanley shares for each share they own. (AP Photo/Mark Lennihan, File)
Associated Press
February 20, 2020 - 11:11 am
NEW YORK (AP) — Morgan Stanley, the investment bank for millionaires, big business and megamergers, is buying E-Trade Financial, the online brokerage that encouraged waves of regular investors to get into the market with ads featuring its talking spokesbaby. The roughly $13 billion, all-stock deal...
Read More
Democratic presidential candidate Mike Bloomberg gives his thumbs-up after speaking during a campaign event at Hardywood Park Craft Brewery in Richmond, Va., Saturday, Feb. 15, 2020. (James H. Wallace/Richmond Times-Dispatch via AP)
AP News
February 17, 2020 - 11:10 am
CARSON CITY, Nev. (AP) — With the Nevada caucuses less than a week away, Democratic presidential candidates campaigning were fixated on a rival who wasn't contesting the state. Bernie Sanders, Joe Biden, Amy Klobuchar, Elizabeth Warren and Pete Buttigieg all went after billionaire Mike Bloomberg...
Read More
European Central Bank President Christine Lagarde addresses European Parliament lawmakers during a monetary dialogue meeting at the European Parliament in Brussels, Thursday, Feb. 6, 2020. (AP Photo/Francisco Seco)
February 14, 2020 - 10:59 am
FRANKFURT, Germany (AP) — Imagine a mortgage that pays you the interest, not the other way around. Or a savings account where it's the bank, not the saver, who collects interest. Welcome to the upside-down world of ultra-low and negative interest rates that is taking hold in many parts of the world...
Read More
Democratic presidential candidate and former New York City Mayor Mike Bloomberg greets supporters after speaking at a campaign event in Raleigh, N.C., Thursday, Feb. 13, 2020. (AP Photo/Gerald Herbert)
Associated Press
February 14, 2020 - 7:30 am
WASHINGTON (AP) — Democratic presidential candidates hoping to revive their flagging campaigns increasingly took aim at Mike Bloomberg, blasting their billionaire rival for trying to buy his way into the White House and raising questions about his commitment to racial equality. Struggling to...
Read More
FILE - In this Thursday, Sept. 11, 2014 file photo, an exterior view of a Royal Bank of Scotland (RBS) logo at their offices in London. The majority state-owned U.K. bank RBS announced a name change on Friday, Feb. 14, 2020 as it tries to leave behind its near-collapse during the 2008 financial crisis. The bank said it will now be known as NatWest Group PLC, shedding the 300-year-old Royal Bank of Scotland name. (AP Photo/Matt Dunham, file)
February 14, 2020 - 5:57 am
LONDON (AP) — The majority state-owned U.K. bank RBS announced a name change on Friday as it tries to leave behind its near-collapse during the 2008 financial crisis. The bank said it will now be known as NatWest Group Plc, shedding the 300-year-old Royal Bank of Scotland name. The Edinburgh-based...
Read More
FILE - In this Feb. 3, 2020, photo, Democratic presidential candidate and former New York City Mayor Michael Bloomberg, right, talks with supporters during a campaign stop in Sacramento, Calif. (AP Photo/Rich Pedroncelli)
February 12, 2020 - 9:13 pm
WASHINGTON (AP) — At the height of the 2008 economic collapse, then-New York Mayor Michael Bloomberg said the elimination of a discriminatory housing practice known as “redlining” was responsible for instigating the meltdown. “It all started back when there was a lot of pressure on banks to make...
Read More

Pages