Banking and credit

World Bank Regional Director Saroj Kumar Jha, speaks during an interview with the Associated Press, in Beirut, Lebanon, Friday, Nov. 8, 2019. Jha said during the interview that Lebanon needs to quickly form a new Cabinet within a week to prevent further degradation of the Lebanese economy and the confidence of the Lebanese economy. Jha said in recent weeks the World Bank has observed increasing risks to Lebanon's economic and financial stability and therefore it is very concerned that this will impact Lebanon's poor people, middle class and businesses.(AP Photo/Hussein Malla)
1010 WINS Newsroom
November 08, 2019 - 12:47 pm
BEIRUT (AP) — The World Bank on Friday urged Lebanon to form a new Cabinet "within a week" to prevent further degradation and loss of confidence in its economy, warning of grave risks to the country's stability amid a worsening fiscal and economic crisis. Saroj Kumar Jha, the organization's...
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In this Tuesday, Nov. 5, 2019, photo, a woman walks by an electronic stock board of a securities firm in Tokyo. Asian stock markets were mixed Wednesday, Nov. 6, 2019, after investors were rattled by a possible snag in a U.S.-Chinese trade truce following reports Beijing wants Washington to life punitive tariffs. (AP Photo/Koji Sasahara)
1010 WINS Newsroom
November 06, 2019 - 7:40 am
BEIJING (AP) — Global stock markets mostly rose on Wednesday as investors assessed developments in U.S.-Chinese trade talks following reports Beijing wants Washington to lift punitive tariffs. Markets rose in much of Europe, as they did in Japan, while the Shanghai index declined and Hong Kong's...
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FILE - This April 2017, file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)
1010 WINS Newsroom
November 04, 2019 - 7:24 am
Here's an illustration of the many ways slow payment systems can inconvenience you and cost you money. Let's say Homer is two days from payday. The family checking account at First Bank of Springfield is on fumes. There's just enough in the account, Homer thinks, to gas up his Plymouth sedan and...
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FILE - In this Tuesday, Oct. 29, 2019, file photo specialist Gregg Maloney, left, and trader John Panin work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Nov. 1. (AP Photo/Richard Drew, File)
1010 WINS Newsroom
November 01, 2019 - 4:29 pm
NEW YORK (AP) — Stocks powered to records Friday after an encouraging jobs report gave reassurance that the economy is still solid, despite the pain U.S. factories are feeling from President Donald Trump's trade war. The Labor Department's report showed that employers added more jobs in October...
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A Peugeot logo pictured on a car in Bayonne, southwestern France, Thursday, Oct.31, 2019. The boards of Fiat Chrysler and PSA Peugeot announced Thursday fast-moving plans to merge the two companies creating the world's fourth-largest automaker with enough scale to confront "the new era in mobility". (AP Photo/Bob Edme)
1010 WINS Newsroom
October 31, 2019 - 12:07 pm
MILAN (AP) — Fiat Chrysler and France's PSA Peugeot said Thursday they have agreed to merge to create the world's fourth-largest automaker with enough scale to confront big shifts in the industry, including a race to develop electric cars and driverless technologies. Italian-American Fiat Chrysler...
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Cars pass by near the skyline with the buildings of the banking district in Frankfurt, Germany, Tuesday, Oct. 22, 2019. (AP Photo/Michael Probst)
1010 WINS Newsroom
October 31, 2019 - 7:20 am
FRANKFURT, Germany (AP) — The 19-country eurozone economy grew at a subdued pace in the third quarter, continuing a shaky upswing amid trade disputes and uncertainty over Brexit. At the same time, weaker inflation figures cast a shadow over the outlook and presented a challenge for the new...
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In this Wednesday, Oct. 30, 2019, photo, a Chinese investor monitors stock prices at a brokerage house in Beijing. Most Asian stock markets followed Wall Street higher on Thursday, Oct. 31, 2019, after the Federal Reserve cut a key interest rate. (AP Photo/Mark Schiefelbein)
1010 WINS Newsroom
October 31, 2019 - 2:18 am
BEIJING (AP) — Most Asian stock markets followed Wall Street higher Thursday after the Federal Reserve cut a key U.S. interest rate. Tokyo, Hong Kong and Seoul advanced. Shanghai retreated 0.1% after Chinese factory activity weakened more than expected in October. Investors welcomed the Fed's third...
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Specialists James Denaro and Erica Fredrickson work on the floor of the New York Stock Exchange, Wednesday, Oct. 30, 2019. Stocks are slipping in early trading on Wall Street as traders hold back ahead of an interest rate announcement from the Federal Reserve. (AP Photo/Richard Drew)
1010 WINS Newsroom
October 30, 2019 - 12:19 pm
NEW YORK (AP) — Stocks fell in midday trading Wednesday as investors held back ahead of an anticipated decision by the Federal Reserve to cut interest rates. The central bank has been using its power to cut short-term interest rates as a way to shore up the economy amid the costly impact from the U...
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Chinese investors monitor stock prices at a brokerage house in Beijing, Wednesday, Oct. 30, 2019. Shares have declined in Asia after weak earnings for technology and media companies led stocks lower on Wall Street. The modest pullback came a day after the S&P 500 hit an all-time high. (AP Photo/Mark Schiefelbein)
1010 WINS Newsroom
October 30, 2019 - 8:07 am
BANGKOK (AP) — Global shares mostly retreated Wednesday as investors eye a possible interest rate cut in the U.S. while hoping for a breakthrough on the U.S.-China trade front. Britain's FTSE 100 was flat at 7,308, while Germany's DAX shed 0.1% to 12,925. The CAC 40 in Paris edged 0.1% higher. The...
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FILE - In this Oct. 4, 2019, file photo Federal Reserve Chairman Jerome Powell listens to feedback during a panel at the Federal Reserve Board Building in Washington. The Fed concludes its two-day meeting Wednesday, Oct. 30. (AP Photo/Jacquelyn Martin, File)
1010 WINS Newsroom
October 30, 2019 - 6:07 am
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 5:05 a.m. Stock markets are mostly down as investors look ahead to an expected interest rate cut by the U.S. Federal Reserve. Futures for both the Dow and the S&P 500 are down almost 0.1%, at 27,033...
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