Banking and credit

Trader Peter Tuchman works on the floor of the New York Stock Exchange, Friday, Aug. 16, 2019. Stocks are opening broadly higher at the end of a turbulent week. (AP Photo/Richard Drew)
August 17, 2019 - 10:22 am
You're not the only one confused about where the economy is headed. Just look at the stock market, where perplexed investors have been sending stocks on a wild ride in August. And there could be plenty more where that came from. Two notoriously volatile months for stocks lie just ahead. Stocks...
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President Donald Trump reacts at the end of his speech at a campaign rally, Thursday, Aug. 15, 2019, in Manchester, N.H. (AP Photo/Patrick Semansky)
August 17, 2019 - 5:29 am
WASHINGTON (AP) — President Donald Trump is warning of an economic crash if he loses reelection, arguing that even voters who personally dislike him should base their ballots on the nation's strong growth and low unemployment rate. But privately, Trump is growing increasingly worried the economy...
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Traders John Romolo, left, and George Ettinger work on the floor of the New York Stock Exchange, Friday, Aug. 16, 2019. Stocks are opening broadly higher at the end of a turbulent week. (AP Photo/Richard Drew)
August 16, 2019 - 4:23 pm
You're not the only one confused about where the economy is headed. Just look at the stock market, where perplexed investors have been sending stocks on a wild ride in August. And there could be plenty more where that came from. Two notoriously volatile months for stocks lie just ahead. Stocks...
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FILE - In this July 30, 2019 file photo, trader Gregory Rowe works on the floor of the New York Stock Exchange. An economic alarm bell is sounding in the U.S. and sending warnings of a potential recession. Yields on 2-year and 10-year Treasury notes inverted early Wednesday, Aug. 14, a market phenomenon that shows investors want more in return for short-term government bonds than they are for long-term bonds. (AP Photo/Richard Drew)
August 14, 2019 - 2:23 pm
NEW YORK (AP) — Compared to the free-swinging and sometimes emotional stock market, the bond market is supposed to be the sober and measured one. It's getting more alarmed. Bonds sounded their loudest warning bell yet of recession on Wednesday, when the yield on the 10-year Treasury briefly fell...
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President Donald Trump talks to reporters aboard Air Force One after visiting Dayton, Ohio and El Paso, Texas, Wednesday, Aug. 7, 2019. (AP Photo/Evan Vucci)
August 10, 2019 - 6:19 am
WASHINGTON (AP) — It was a week of exaggeration and outright fiction for President Donald Trump as he confronted the aftermath of two mass shootings in Texas and Ohio. Trump twisted science in seeking to assign blame on video games for the shootings, rather than on his own words that critics say...
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FILE - In this Aug. 2, 2019 file photo, President Donald Trump speaks to reporters before departing the White House in Washington. Trump is not letting up on his attacks on the Federal Reserve, calling for “substantial” Fed rate cuts to allow the dollar to fall in value against foreign currencies. In a series of tweets Thursday, Aug. 8, Trump says, “As your president, one would think that I would be thrilled with our very strong dollar. I am not!” (AP Photo/Carolyn Kaster, File)
August 08, 2019 - 5:32 pm
WASHINGTON (AP) — President Donald Trump is not letting up on his attacks on the Federal Reserve, calling for "substantial" Fed rate cuts to allow the dollar to fall in value against foreign currencies. In a series of tweets Thursday, Trump said, "As your president, one would think that I would be...
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FILE - In this Feb. 8, 2019, file photo a pedestrian walks down South Broad Street in Philadelphia. Bounce back from a personal loan rejection by building your credit score, growing your income and paying off debt. Shop around and apply at lenders whose minimum qualifications you meet. (AP Photo/Matt Rourke, File)
August 08, 2019 - 11:58 am
Getting rejected for a personal loan can feel like a punch to the gut. It's easy to get discouraged, especially if it delays plans to consolidate debt or renovate your home. Instead of taking the rejection personally, use it as motivation to build your credit and supplement your income so you win...
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In this Tuesday, Aug. 6, 2019, photo, a man walks by a money exchange shop decorated with Chinese yuan banknotes and other countries currency banknotes at Central, a business district in Hong Kong. China's yuan has weakened again after signs its decline was stabilizing helped to reassure financial markets. (AP Photo/Kin Cheung)
August 07, 2019 - 5:22 am
BEIJING (AP) — China's currency weakened again Wednesday after hopes among financial traders that its decline was stabilizing helped to calm jittery global markets. The yuan edged down to 7.0488 to the U.S. dollar, about 0.4% below its level late Tuesday. The currency strengthened slightly to 7...
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August 07, 2019 - 5:09 am
THE HAGUE, Netherlands (AP) — The Netherlands' central bank has ordered ABN AMRO to check all of its retail customers for possible financial crimes as part of a government crackdown. ABN AMRO revealed the order Wednesday alongside second-quarter results that showed its net profit edged up 1% from...
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August 07, 2019 - 2:44 am
NEW DELHI (AP) — India's central bank on Wednesday cut its key interest rate for the fourth consecutive time, reducing the repo rate by 0.35% to 5.40% to shore up the economy, with consumer spending and corporate investment faltering and the production of capital goods and consumer durables...
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