Financial markets

FILE - In this Aug. 27, 2017 file photo, Houston Police SWAT officer Daryl Hudeck carries Catherine Pham and her 13-month-old son Aiden, asleep in her arms, after rescuing them from their home surrounded by floodwaters from Tropical Storm Harvey in Houston, Texas. Hurricane Harvey roared onto the Texas shore nearly a year ago, but it was a slow, rainy roll that made it a monster storm. Federal statistics show some parts of the state got more than 5 feet of rain in five days. Harvey killed dozens and swamped a section of the Gulf Coast that includes Houston, the nation's fourth largest city, causing billions of dollars in damage. (AP Photo/David J. Phillip, File)
August 25, 2018 - 11:42 pm
HOUSTON (AP) — Voters in Houston and its surrounding county marked the anniversary of Hurricane Harvey coming ashore by approving the issuance of $2.5 billion in bonds to fund flood-control projects that might mitigate the damage caused by future storms. With nearly all precincts reporting Saturday...
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A group of Venezuelan migrants sleep on a sidewalk at a border crossing into Peru, before the deadline on new regulations that demand passports from migrants, in Tumbes, Peru, Friday, Aug. 24, 2018. Peru is stiffening its entry requirements for Venezuelan migrants beginning, Aug. 25, following the path of other South American nations receiving large numbers of Venezuelans fleeing their country's economic and human crisis, migrants will be required to enter with a passport. (AP Photo/Martin Mejia)
August 24, 2018 - 7:53 pm
AGUAS VERDES, Peru (AP) — Thousands of Venezuelans fleeing their nation's economic and humanitarian crisis rushed to reach Peru on Friday before stiffer new rules go into effect that will make entering the fellow South American nation more difficult. Tired men, women and children, many lugging...
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FILE- This Aug. 27, 2010, file photo shows the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Aug. 24, 2018. (AP Photo/Mark Lennihan)
August 24, 2018 - 4:49 pm
Wall Street ended a week of milestones with a few more Friday. The benchmark S&P 500 index closed at an all-time high, just two days after the current bull market in U.S. stocks became the longest in history. The Nasdaq composite and the Russell 2000 indexes also ended the day at all-time highs...
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Esther George, left, President and CEO of the Federal Reserve Bank of Kansas City, John Williams, center, President and CEO of the Federal Reserve Bank of New York, and Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System walk together after Powell's speech at the Jackson Hole Economic Policy Symposium on Friday, Aug. 24, 2018 in Jackson Hole, Wyo. Federal Reserve Chairman Jerome Powell signaled Friday that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong. (AP Photo/Jonathan Crosby)
August 24, 2018 - 4:19 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell signaled Friday that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong. Powell added that while annual inflation has risen to near the Fed's 2 percent target rate, it doesn't seem...
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FILE- This Aug. 27, 2010, file photo shows the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Aug. 24, 2018. (AP Photo/Mark Lennihan)
August 24, 2018 - 4:07 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. The S&P 500 index is closing at a record high, just two days after the current bull market in stocks became the longest in history. The Nasdaq composite and the Russell 2000 indexes also closed at all-time...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Aug. 24, 2018. Asian shares were Friday following a listless session on Wall Street, where a slide in banks and industrial companies offset solid gains for the technology sector. A lack of progress in trade talks between the U.S. and China was weighing on sentiment. (AP Photo/Ahn Young-joon)
August 24, 2018 - 8:17 am
LONDON (AP) — Global stocks generally advanced Friday as investors awaited developments from this weekend's meeting of central bankers in Jackson Hole, Wyoming. KEEPING SCORE: In Europe, Germany's DAX was up 0.2 percent to 12,388 while the CAC 40 in France rose 0.4 percent to 5,442. The FTSE 100...
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FILE- In this July 17, 2018, file photo Federal Reserve Board Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs at Capitol Hill in Washington. Powell gives the keynote address Friday, Aug. 24, at an annual conference of central bankers in Jackson Hole, Wyo. (AP Photo/Jose Luis Magana, File)
August 24, 2018 - 6:32 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell will not lack for urgent topics to address when he gives the keynote speech Friday to an annual gathering of global central bankers in Jackson Hole, Wyoming. Fed watchers will be listening for anything Powell has to say about financial...
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FILE - In this Sept. 7, 2017, file photo, Education Secretary Betsy DeVos speaks at George Mason University Arlington, Va., campus. Complaints and lawsuits lodged against for-profit colleges are unfolding as DeVos engineers a seismic shift in the regulatory landscape that stands to benefit the multibillion-dollar industry. (AP Photo/Jacquelyn Martin, File)
August 24, 2018 - 5:50 am
WASHINGTON (AP) — A lawsuit against Ashford University describes an admissions office with a cutthroat sales culture more akin to a used-car lot than a place of higher learning, peddling "false promises and faulty information" to lure students eligible for federal financial aid. Sound familiar? The...
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FILE - This March 4, 2013, file photo shows a sign for Wall Street on the side of a building near the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Aug. 23, 2018. (AP Photo/Mark Lennihan, File)
August 23, 2018 - 1:45 pm
Stocks veered mostly lower on Wall Street Thursday as losses in banks and energy companies offset gains elsewhere in the market. Homebuilders also declined following new data showing sales of new U.S. homes slumped in July. Technology stocks moved higher, adding to recent gains. Investors had their...
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August 23, 2018 - 9:59 am
FRANKFURT, Germany (AP) — European Central Bank policymakers are viewing slower than expected growth as a temporary hiccup and believe that the 19-country eurozone's upswing remains solid amid strengthening wage growth. The written account of the bank's July 26 meeting, released Thursday, says...
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