Financial services

January 17, 2019 - 12:33 am
TOKYO (AP) — The governor of Japan's central bank has warned of unforeseen risks in guiding economic policy as the country's population declines. Bank of Japan Gov. Haruhiko Kuroda told fellow financial leaders Thursday that policies must be devised to prevent the shrinking population from...
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FILE - In this Tuesday, May 20, 2008, file photo, John Bogle, founder of The Vanguard Group, talks during an interview with The Associated Press, in New York. Vanguard announced Wednesday, Jan. 16, 2019, that John C. "Jack" Bogle has died at the age of 89. (AP Photo/Mark Lennihan, File)
January 16, 2019 - 8:39 pm
VALLEY FORGE, Pa. (AP) — When he lost his job running a mutual fund company after stocks tanked in the early 70's, John C. Bogle decided that money managers knew very little about predicting the market — and charged way too much for that lack of knowledge. He founded a new fund company, Vanguard,...
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FILE - In this Tuesday, May 20, 2008, file photo, John Bogle, founder of The Vanguard Group, talks during an interview with The Associated Press, in New York. Vanguard announced Wednesday, Jan. 16, 2019, that John C. "Jack" Bogle has died at the age of 89. (AP Photo/Mark Lennihan, File)
January 16, 2019 - 6:31 pm
VALLEY FORGE, Pa. (AP) — John C. Bogle, who simplified investing for the masses by launching the first index mutual fund and founded Vanguard Group, died Wednesday, the company said. He was 89. Bogle did not invent the index fund, but he expanded access to no-frills, low-cost investing in 1976 when...
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TSA employee Gary Vetterli prepares a hot dog during lunch at Salt Lake City International Airport, Wednesday, Jan. 16, 2019, in Salt Lake City. The government shutdown has generated an outpouring of generosity to TSA agents and other federal employees who are working without pay. In Salt Lake City, airport officials treated workers from the TSA, FAA and Customs and Border Protection to a free barbecue lunch as a gesture to keep their spirits up during a difficult time. (AP Photo/Rick Bowmer)
January 16, 2019 - 6:23 pm
The partial government shutdown is a double-whammy for Cara and Philip Mangone, a married couple from Philadelphia. Both are agents with the Transportation Safety Administration, both working full time at the Philadelphia airport. Neither knows when they might again start drawing their paychecks...
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FILE - In this Nov. 14, 2018 file photo, the shadow of a worker falls on a fence at the construction site of a convenience store in Victorville, Calif. On Wednesday, Jan. 16, 2019, the Federal Reserve releases its latest "Beige Book" survey of economic conditions. The Beige Book is based on anecdotal reports from businesses and will be considered along with other data when Fed policymakers meet next. (James Quigg/The Daily Press via AP, File)
January 16, 2019 - 4:41 pm
WASHINGTON (AP) — The Federal Reserve said Wednesday business contacts in many regions of the country are expressing less optimism amid a host of adverse developments, from plunging stock prices to uncertainty about a widening trade war. In its latest report on economic conditions around the...
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FILE - In this Dec. 13, 2016, file photo, the logo for Goldman Sachs appears above a trading post on the floor of the New York Stock Exchange. The Goldman Sachs Group Inc. reports financial results Wednesday, Jan. 16, 2019. (AP Photo/Richard Drew, File)
January 16, 2019 - 9:13 am
NEW YORK (AP) — Investment bank Goldman Sachs swung to a fourth-quarter profit, as the bank's advisory business helped offset a difficult quarter in trading, given the turbulent markets in late 2018. The Wall Street firm said Wednesday that it earned $2.32 billion, or $6.04 a share, compared to a $...
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FILE - This Tuesday, Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group reports financial results Tuesday, Jan. 15, 2019. (AP Photo/Jim Mone, File)
January 15, 2019 - 7:06 am
INDIANAPOLIS (AP) — UnitedHealth's fourth-quarter earnings slid 16 percent from last year, when federal tax cuts helped the nation's largest health insurer, but the performance still came in well above analyst expectations. The insurer and health care services provider also reaffirmed on Tuesday...
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In this photo taken on Jan. 4, 2019, women pass by a new year decor outside a shopping mall in Beijing, China, China will slash taxes, step up spending and provide ample financing to private and small enterprises to help counter the country's worst slowdown since the global financial crisis amid a bruising trade war with the U.S., officials said Tuesday at a briefing on plans for 2019 that were set at an annual meeting in December. (AP Photo/Ng Han Guan)
January 15, 2019 - 1:57 am
BEIJING (AP) — China plans to slash taxes, step up spending and provide ample financing to private and small enterprises to help counter the country's worst slowdown since the global financial crisis and the impact of a bruising trade war with the U.S. The People's Bank of China is confident it can...
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FILE - In this July, 18, 2013, file photo Federal Reserve Chairman Ben Bernanke testifies before the Senate Banking, Housing, and Urban Affairs Committee hearing on "The Semiannual Monetary Policy Report to the Congress" on Capitol Hill in Washington. Federal Reserve officials were worried about an adverse market reaction when they made their first tentative moves in 2013 to pull back on the massive support they had been providing to help the economy recover from the Great Recession. Transcripts of their discussions released Friday, Jan. 11, 2019, show that then-Federal Reserve Chairman Bernanke and his colleagues devoted considerable time debating the wording of the statement. (AP Photo/Manuel Balce Ceneta, File)
January 11, 2019 - 4:42 pm
WASHINGTON (AP) — Federal Reserve officials were worried about an adverse market reaction when they made their first tentative moves in 2013 to pull back on the massive support they had been providing to help the economy recover from the Great Recession. Transcripts of their discussions released...
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Katie Barron gestures while looking at a pay increase notice for her children's day care, in her home in Madison, Ala., Wednesday, Jan. 9, 2019. Barron's husband is a National Weather Service meteorologist forced to work without pay during the shutdown because his job is classified as essential. They've put off home and car maintenance, but the $450-a-week bill for day care still has to be paid, as do the mortgage and utility bills. (AP Photo/David Goldman)
January 11, 2019 - 10:41 am
HUNTSVILLE, Ala. (AP) — Once known for its cotton trade and watercress farms, Huntsville, Alabama, is now the ultimate government town: About 70 federal agencies are located at the Army's 38,000-acre Redstone Arsenal. More than half of the area's economy is tied to Washington spending. As the...
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