Financial markets

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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
August 23, 2018 - 7:06 am
MOSCOW (AP) — The Russian ruble briefly fell Thursday to its lowest level against the dollar since April 2016 amid fears of new economic sanctions by the United States. Earlier, the ruble had fallen by around 2 percent to trade at nearly 69 to the dollar, but later recovered part of its losses to...
Read More
An investor walks in front of private stock trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Thursday, Aug. 23, 2018. Asian stock markets are mixed after U.S. and Chinese officials held talks on their deepening trade dispute ahead of a new round of tariff hikes. (AP Photo/Yam G-Jun)
August 23, 2018 - 2:32 am
BEIJING (AP) — Asian stock markets were mixed Thursday after the United States and China imposed new tariff hikes on each other's goods in an escalation of their battle over Beijing's technology policy. KEEPING SCORE: The Shanghai Composite Index gained 0.5 percent to 2,729.29 and Tokyo's Nikkei...
Read More
A chart on a screen on the floor of the New York Stock Exchange shows the rise of the S&P 500 index since 2009, Wednesday, Aug. 22, 2018. Stocks are off to a mixed start on Wall Street as the U.S. market is poised to reach its longest-ever bull run. (AP Photo/Richard Drew)
August 22, 2018 - 4:36 pm
The bull market in U.S. stocks is now the longest on record. The current bull run on Wall Street became the longest in history on Wednesday at 3,453 days, beating the bull market of the 1990s that ended in the dot-com collapse in 2000. That's how long the benchmark S&P 500 index of major U.S...
Read More

Pages