Financial markets

In this June 15, 2018 photo, cash is fanned out from a wallet in North Andover, Mass. On Thursday, Aug. 20, the Federal Reserve reports on household wealth for the April-June quarter. (AP Photo/Elise Amendola)
September 20, 2018 - 3:40 pm
WASHINGTON (AP) — A rising stock market lifted U.S. household wealth to a record $106.9 trillion in the April-June quarter, the culmination of a decade of economic recovery but a gain that is concentrated largely among the most affluent. The value of Americans' stock and mutual fund portfolios rose...
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An investor sits in front of trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Thursday, Sept. 20, 2018. Asian markets were mostly higher on Thursday with narrow trading after news of a fresh round of tariffs by the U.S. on $200 billion in Chinese goods received a muted reaction on Wall Street. (AP Photo/Yam G-Jun)
September 20, 2018 - 8:38 am
SINGAPORE (AP) — European markets climbed Thursday following a mixed day in Asia, buoyed by hopes the U.S. and China will proceed with talks to tackle their escalating trade dispute. The price of oil dropped after U.S. President Donald Trump warned OPEC to ensure production increases, as they...
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September 19, 2018 - 7:21 pm
WASHINGTON (AP) — President Donald Trump is set to nominate former Federal Reserve economist Nellie Liang to the central bank's board of governors, tapping an official who played a key role at the Fed in dealing with the aftermath of the 2008 financial crisis. White House spokeswoman Lindsay...
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FILE- In this Aug. 21, 2018, file photo specialist Peter Mazza, left, works at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Sept. 18. (AP Photo/Richard Drew, File)
September 18, 2018 - 11:19 pm
TOKYO (AP) — Asian shares were mostly higher Wednesday despite ongoing jitters about the escalating trade dispute between the U.S. and China. KEEPING SCORE: Japan's benchmark Nikkei 225 added 1.3 percent in early trading to 23,713.55. Australia's S&P/ASX 200 was up 0.4 percent at 6,188.70...
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FILE- In this July, 5, 2018, file photo, a ship to shore crane prepares to load a 40-foot shipping container onto a container ship at the Port of Savannah in Savannah, Ga. China said Tuesday, Sept. 18, that it will take "counter-measures" to U.S. President Donald Trump's decision to raise tariffs on $200 billion of Chinese imports and an American business group warned a "downward spiral" in their trade battle appears certain. (AP Photo/Stephen B. Morton, File)
September 18, 2018 - 2:00 pm
NEW YORK (AP) — The Latest on the U.S.-China trade war (all times local): 1:58 p.m. President Donald Trump says he's prepared to impose a 25 percent tax on an additional $267 billion in Chinese imports. He tells reporters at the White House that the new tariffs would be a response to Beijing's...
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FILE- This Jan. 9, 2017, file photo shows the opening bell at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, Sept. 17, 2018. (AP Photo/Mark Lennihan, File)
September 17, 2018 - 11:54 pm
SINGAPORE (AP) — Asian markets were mixed on Tuesday after President Donald Trump ordered tariffs on $200 billion more in Chinese goods, ramping up tensions between the world's top two economies. Investors have been expecting the move, even as U.S. officials proposed a new round of talks with their...
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FILE- In this Sept. 6, 2018, file photo Joseph Lawler, right, works with fellow traders on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Sept. 12. (AP Photo/Richard Drew, File)
September 13, 2018 - 8:34 am
SINGAPORE (AP) — Many global markets climbed Thursday following a report that the U.S. has proposed a new round of trade negotiations with China before going ahead with plans to slap tariffs on $200 billion or more in Chinese goods. Investors also appeared heartened by an interest rate increase by...
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September 13, 2018 - 3:57 am
ANKARA, Turkey (AP) — The Turkish central bank is discussing possible changes to its monetary policy amid concerns over the weakening Turkish currency. The bank said earlier this month that it would adjust its monetary policy, raising hopes that it will increase interest rates on Thursday...
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The sun rises behind the European Central Bank in Frankfurt, Germany, Wednesday, Sept.12, 2018. The governing council of the ECB will meet on Thursday. (AP Photo/Michael Probst)
September 13, 2018 - 1:04 am
FRANKFURT, Germany (AP) — The European Central Bank is expected to ratchet back its stimulus efforts again on Thursday as it gingerly phases out extraordinary support for the economy left over from the Great Recession and the euro currency union's debt crisis. The bank's 25-member governing council...
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FILE- In this Sept. 6, 2018, file photo Joseph Lawler, right, works with fellow traders on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Sept. 12. (AP Photo/Richard Drew, File)
September 12, 2018 - 11:23 pm
SINGAPORE (AP) — Asian markets were mostly higher on Thursday after a report that the U.S. had proposed a new round of trade negotiations with China quelled fears that a dispute between the world's two largest economies was spiraling out of control. KEEPING SCORE: Japan's benchmark Nikkei 225 added...
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