Financial services

Peter Tuchman, center, works with fellow traders on the floor of the New York Stock Exchange, Wednesday, June 19, 2019. Investors are in wait-and-see mode hours ahead of a widely anticipated Federal Reserve decision on interest rates. (AP Photo/Richard Drew)
June 19, 2019 - 1:42 pm
U.S. stock indexes moved sideways in afternoon trading Wednesday on Wall Street ahead of a highly anticipated Federal Reserve statement on interest rates. The muted trading follows two days of gains that are driving a June rebound in stocks after a dismal sell-off in May. The broad S&P 500...
Read More
June 19, 2019 - 8:39 am
LONDON (AP) — An American billionaire has given Oxford University 150 million pounds ($188.6 million) for a new institute that will study the ethical implications of artificial intelligence and computing technologies. The donation from Stephen Schwarzman, CEO of the private equity firm Blackstone,...
Read More
A currency trader talks near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Wednesday, June 19, 2019. Asian shares were mostly higher Wednesday on optimism about trade after President Donald Trump said he will talk with the Chinese leader later this month in Japan.(AP Photo/Lee Jin-man)
June 19, 2019 - 7:36 am
TOKYO (AP) — Global markets were mixed Wednesday amid some optimism about U.S.-China trade talks and ahead of an interest rate decision by the U.S. Federal Reserve. The Fed isn't considered ready to announce its first rate cut in more than a decade, but many expect the central bank to signal an...
Read More
Trader Neil Catania works on the floor of the New York Stock Exchange, Tuesday, June 18, 2019. Stocks are opening higher on Wall Street following big gains in Europe after the head of the European Central Bank said it was ready to cut interest rates and provide more economic stimulus if necessary. (AP Photo/Richard Drew)
June 18, 2019 - 11:32 pm
TOKYO (AP) — Asian shares were mostly higher Wednesday on optimism about trade after President Donald Trump said he will talk with the Chinese leader later this month in Japan. Japan's benchmark Nikkei 225 added 1.7% to 21,321.17 in early trading. Australia's S&P/ASX 200 rose 1.0% to 6,637.70...
Read More
FILE - In this Sept. 12, 2015 file photo, California Department of Corrections and Rehabilitation inmates stand guard as flames from the Butte Fire approach a containment line near San Andreas, Calif. Attorneys representing 14 local governments said Tuesday, June 18, 2019 that they had reached a $1 billion settlement with California utility Pacific Gas & Electric for a series of fires dating to 2015. (AP Photo/Rich Pedroncelli, File)
June 18, 2019 - 8:43 pm
SACRAMENTO, Calif. (AP) — A California utility agreed Tuesday to pay $1 billion to 14 local governments to cover damages from a series of deadly wildfires caused by its downed power lines. The settlement is a sliver of the more than $30 billion in potential damages Pacific Gas & Electric is...
Read More
FILE - In this Thursday, May 16, 2019 file photo, European Central Bank President Mario Draghi arrives for a meeting of Eurogroup Finance Ministers at the European Council headquarters in Brussels. The European Central Bank stands ready to cut interest rates and could re-start its bond purchase stimulus program if needed to help the economy, President Mario Draghi said Tuesday June 18, 2019, in a speech at an ECB conference in Sintra, Portugal. (AP Photo/Francisco Seco, File)
June 18, 2019 - 12:40 pm
FRANKFURT, Germany (AP) — The European Central Bank could unleash more stimulus if the economy doesn't pick up soon, its president warned Tuesday, sparking a sharp drop in the euro and drawing an angry tweet from U.S. President Donald Trump. Mario Draghi told a conference in Sintra, Portugal, that...
Read More
A man walks by an electronic stock board of a securities firm in Tokyo, Tuesday, June 18, 2019. Stocks in Asia mostly advanced Tuesday ahead of interest rate decisions by the U.S. Federal Reserve and other central banks. (AP Photo/Koji Sasahara)
June 18, 2019 - 7:53 am
SINGAPORE (AP) — Global shares rose Tuesday after the president of the European Central Bank said it was ready to cut interest rates and provide stimulus if the economy needed it. Traders also focused on upcoming rate decisions by the U.S. Federal Reserve and the British and Japanese central banks...
Read More
FILE - In this May 29, 2019, file photo, a man watches an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo. Stocks in Asia advanced on Tuesday, June 18, 2019, ahead of interest rate decisions by the U.S. Federal Reserve and other central banks.(AP Photo/Eugene Hoshiko, File)
June 17, 2019 - 11:42 pm
SINGAPORE (AP) — Stocks in Asia mostly advanced Tuesday ahead of interest rate decisions by the U.S. Federal Reserve and other central banks. The Kospi in South Korea gained 0.5% to 2,101.43, and Hong Kong's Hang Seng picked up 0.9% to 27,471.19. The Shanghai Composite index jumped 0.2% to 2,892.53...
Read More
FILE - In this June 4, 2019, file photo Federal Reserve Chairman Jerome Powell speaks at a conference involving its review of its interest-rate policy strategy and communications in Chicago. On Wednesday, June 19, the Federal Reserve releases its latest monetary policy statement and updated economic projections. (AP Photo/Kiichiro Sato, File)
June 17, 2019 - 11:59 am
WASHINGTON (AP) — Jerome Powell has tantalized the financial world with the prospect that the Federal Reserve he leads may soon cut interest rates for the first time in over a decade. Probably not quite yet, though. When the Fed issues a policy statement Wednesday and Powell holds a news conference...
Read More
A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Monday, June 17, 2019. Asian shares were mostly higher Monday amid a wait-and-see attitude about the direction of interest rates and the trade dispute between the U.S. and China. (AP Photo/Eugene Hoshiko)
June 17, 2019 - 8:14 am
LONDON (AP) — Global stock markets traded in fairly narrow ranges Monday as investors awaited a run of interest rate decisions, notably from the U.S. Federal Reserve, and more clarity over the trade dispute between the U.S. and China. The week will likely be dominated by central banks with those...
Read More

Pages