Financial markets

Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. (AP Photo/Manuel Balce Ceneta)
August 01, 2019 - 12:56 am
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter the impact of President Donald Trump's trade wars, stubbornly low inflation and global weakness. It left open the possibility of future rate cuts, but perhaps not as many as...
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Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. The Federal Reserve cut its key interest rate for the first time in a decade to try to counter threats ranging from uncertainties caused by President Donald Trump's trade wars to chronically low inflation and a dim global outlook. (AP Photo/Manuel Balce Ceneta)
July 31, 2019 - 11:49 pm
BEIJING (AP) — Asian stock markets followed Wall Street lower Thursday after the U.S. central bank cut its key interest rate but left investors uncertain about future reductions. Benchmarks in Shanghai, Hong Kong and Australia tumbled while Tokyo was little-changed. The Federal Reserve's quarter-...
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Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. (AP Photo/Manuel Balce Ceneta)
July 31, 2019 - 5:58 pm
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter the impact of President Donald Trump's trade wars, stubbornly low inflation and global weakness. It left open the possibility of future rate cuts, but perhaps not as many as...
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Federal Reserve Chairman Jerome Powell walks to the podium during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. (AP Photo/Manuel Balce Ceneta)
July 31, 2019 - 2:57 pm
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter threats ranging from uncertainties caused by President Donald Trump's trade wars to chronically low inflation and a dim global outlook. The Fed also repeated a pledge to "act...
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Senate Majority Leader Mitch McConnell of Ky., arrives to speak with reporters following the weekly policy lunches on Capitol Hill in Washington, Tuesday, July 23, 2019. (AP Photo/Susan Walsh)
July 31, 2019 - 9:02 am
WASHINGTON (AP) — A hard-won, warts-and-all budget pact between House Speaker Nancy Pelosi and President Donald Trump is facing a key vote in the GOP-held Senate, with many conservatives torn between supporting the president and risking their political brand with an unpopular vote to add $2...
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A man pases by an electronic stock board of a securities firm in Tokyo, Wednesday, July 31, 2019. Asian shares were mostly lower Wednesday as investors looked cautiously ahead to a key policy update from the U.S. Federal Reserve later in the day. (AP Photo/Koji Sasahara)
July 31, 2019 - 1:49 am
TOKYO (AP) — Asian shares were mostly lower Wednesday as investors looked cautiously ahead to a key policy update from the U.S. Federal Reserve later in the day. Japan's benchmark Nikkei 225 fell 1.0% to 21,490.57 in early trading. Australia's S&P/ASX 200 lost 0.3% to 6,823.70. South Korea's...
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FILE - In this May 24, 2019,file photo, workers talk at a composite materials manufacturing plant in Nantong in eastern China's Jiangsu province. China’s factory activity contracted in July for a third month amid a tariff war with Washington and weak domestic demand. A monthly index released Wednesday, July 31, 2019, by an industry group, the China Federation of Logistics & Purchasing, stood at 49.7 on a 100-point scale. (Chinatopix via AP, File)
July 31, 2019 - 12:36 am
BEIJING (AP) — China's factory activity contracted in July for a third month amid a tariff war with Washington and weak domestic demand. A monthly index released Wednesday by an industry group, the China Federation of Logistics & Purchasing, stood at 49.7 on a 100-point scale. That was up 0.3...
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July 30, 2019 - 7:12 am
FRANKFURT, Germany (AP) — Germany's highest court has upheld a new European system of bank supervision aimed at preventing financial crises and expensive taxpayer bailouts. The Federal Constitutional Court said in a ruling issued Tuesday that the governments of the 28 European Union nations did not...
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A woman walks by an electronic stock board of a securities firm in Tokyo, Tuesday, July 30, 2019. Shares were mostly higher in Asia on Tuesday as envoys from the U.S. and China prepared to resume trade talks, this time in Shanghai. (AP Photo/Koji Sasahara)
July 30, 2019 - 4:44 am
BANGKOK (AP) — World shares were mixed Tuesday as investors awaited an expected interest rate cut by the U.S. Federal Reserve and watched for progress in trade talks between the U.S. and China. Germany's DAX lost 0.7% to 12,322.92 and the CAC 40 in France gave up 0.4% to 5,577.45. Britain's FTSE...
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FILE - In this July 22, 2019, file photo trader William Lawrence works on the floor of the New York Stock Exchange. U.S. stocks moved lower in early trading on Wall Street Monday, July 29, as investors pulled back after pushing stocks to record highs last week. (AP Photo/Richard Drew, File)
July 29, 2019 - 3:53 pm
Stocks headed lower in late-afternoon trading on Wall Street Monday, placing the market on track to give back some of its gains after reaching new highs last week. The cautious start to the week came about as investors looked ahead to a busy week of potential market-moving developments, including...
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