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Stories with subject: Financial crisis
  • An ailing global economy starts to weigh on US job market story has photos
    Updated: Oct-02-15 4:25 pm

    WASHINGTON - A sagging global economy has finally caught up with the United States.

  • Portuguese set to stick with what they know in elections 
    Updated: Oct-02-15 4:27 am

    LISBON, Portugal - The past four years of austerity have been hard for Portuguese pensioner Rogerio Justino, his son and grandchildren. Despite that, he will vote Sunday to re-elect the country's center-right coalition government which imposed the tough measures.

  • Bernanke, in new memoir, recalls Lehman's 'surreal' failure story has photos
    Updated: Oct-01-15 8:50 pm

    WASHINGTON - Ben Bernanke recalls the September weekend in 2008 when regulators sought desperately but in vain to save the investment bank Lehman Brothers as a "terrible, surreal moment."

  • Survey gives another sign of Midwest economic slowdown 
    Updated: Oct-01-15 11:13 am

    OMAHA, Nebraska - A second straight monthly survey of nine Midwest and Plains states shows signs that the regional economy is slowing down, according to a report issued Thursday.

  • 6 Greek islands lose sales tax break 
    Updated: Oct-01-15 8:56 am

    NAXOS, Greece - It doesn't have the glitz and glamour of nearby Mykonos, nor Rhodes' steady stream of European charter flights disgorging package tourists. The island of Naxos, with its inland verdant mountains and kilometers of sandy beaches, is considered more a quiet family holiday destination as well as a producer of top agricultural products, including its famed cheese.

  • Root of investor anxiety: Uncertainty about China and Fed story has photos
    Updated: Sep-30-15 6:31 pm

    Fears about China's slowdown and a coming U.S. interest rate hike have sent global stock markets into a fidgety freefall.

  • IMF chief says global economy likely to be weaker this year story has photos
    Updated: Sep-30-15 2:00 pm

    WASHINGTON - The head of the International Monetary Fund said Wednesday that global growth will likely be weaker this year as the world economy confronts a host of problems, including a refugee crisis in Europe, an economic slowdown in China and a pending rise in U.S. interest rates.

  • Spanish central bank says economy keeps up growth in Q3 
    Updated: Sep-30-15 7:04 am

    MADRID - The Bank of Spain says strong domestic demand helped the economy grow 0.8 percent in the third quarter, its ninth consecutive quarterly growth figure.

  • Glencore insists no solvency issues, shares spike higher 
    Updated: Sep-29-15 12:19 pm

    LONDON - Commodities group Glencore insisted Tuesday it's not facing solvency issues, a day after its shares fell by nearly a third amid concerns over its ability to service sky-high debts at a time when many commodity prices are at multi-year lows.

  • US consumer confidence rises again in September 
    Updated: Sep-29-15 11:00 am

    WASHINGTON - American consumers were feeling more confident again this month, good news for the U.S. economy.

  • Glencore share price plunges amid commodity market concerns 
    Updated: Sep-28-15 1:12 pm

    LONDON - Commodities group Glencore saw its share price plunge by around a third on Monday as concerns mounted over its ability to service its sky-high debts at a time when earnings are battered by low commodity prices.

  • Argentine voters focused on economy, not corruption story has photos
    Updated: Sep-28-15 10:29 am

    BUENOS AIRES, Argentina - The corruption allegations against several top government officials are stunning: The convicted killer of three men alleges that the Cabinet chief ordered the hit, the vice president is being tried for bribery and authorities are investigating a possible money laundering scheme at a luxury hotel owned by President Cristina Fernandez.

  • Spain: Pro-secession parties in Catalonia win landmark vote story has photos
    Updated: Sep-27-15 8:14 pm

    BARCELONA, Spain - Pro-secession parties pushing for Spain's northeastern Catalonia region to break away and form a new Mediterranean nation won a landmark vote Sunday by capturing a regional parliamentary majority, setting up a possible showdown over independence with the central government in Madrid.

  • Sheila Bair inaugurated as president of private Md. college 
    Updated: Sep-26-15 4:56 pm

    CHESTERTOWN, Maryland - Sheila Bair, who was the chairwoman of the Federal Deposit Insurance Corp. during the 2008 financial crisis, has been inaugurated president of Maryland's Washington College, a private liberal arts school.

  • Spain: Radical party likely kingmaker in Catalonia secession story has photos
    Updated: Sep-25-15 9:13 am

    BARCELONA, Spain - A radical left party has made a startling journey from colorful oddity to potential kingmaker in Catalonia's independence drive.

  • Tsipras pledges to lead Greece out of crisis by 2019 story has photos
    Updated: Sep-25-15 7:59 am

    ATHENS, Greece - Greece's newly re-elected prime minister pledged Friday to fast-track negotiations with international bailout creditors so the country can be in a position to get some much-needed debt relief.

  • 5 Things to Know from World Bank's Kim story has photos
    Updated: Sep-24-15 6:03 pm

    NEW YORK - World Bank President Jim Yong Kim says growing up as an economic migrant himself shaped his views on many of the major issues he's tackling now as head of one of the leading institutions fighting global poverty.

  • Xi trades football for hardball political negotiations story has photosstory has video
    Updated: Sep-24-15 9:11 am

    SEATTLE - With his feel-good tours of Boeing, Microsoft and a local high school complete, Chinese President Xi Jinping departs Washington state Thursday for the other Washington, where tougher discussions on cybersecurity, intellectual property protections and human rights await.

  • AP Interview: Finance minister says no recession in Canada story has photos
    Updated: Sep-23-15 2:39 pm

    TORONTO - Canada's finance minister says Canada is not in recession now and wasn't in recession in the first half of the year despite data showing otherwise.

  • Portugal's deficit rises after bank loan is included 
    Updated: Sep-23-15 7:28 am

    LISBON, Portugal - Portugal's statistics agency has revised sharply upward the country's 2014 budget deficit, from 4.5 percent to 7.2 percent, after the Treasury failed to recoup a loan it made to a bank.

  • Australian consumer confidence jumps after change of leader 
    Updated: Sep-23-15 1:46 am

    CANBERRA, Australia - Australian consumer confidence has jumped following the ouster of the country's unpopular prime minister last week by a moderate rival.

  • China economy: Weakened but still growing 
    Updated: Sep-23-15 12:36 am

    BEIJING - President Xi Jinping is visiting the United States as leader of a China whose image of economic success has taken a beating.

  • Greece's Tsipras: bailout rebel to bailout enforcer story has photos
    Updated: Sep-21-15 1:47 pm

    ATHENS, Greece - Greeks have elected Alexis Tsipras prime minister for the second time this year but with a strikingly different mandate: Instead of the vehemently anti-austerity platform he espoused in January, he has now agreed to implement yet more stringent spending cuts and tax hikes.

  • As turbulence shakes markets, experts suggest sitting tight story has photos
    Updated: Sep-21-15 1:03 pm

    NEW YORK - Whenever disaster strikes people run for safety. They race outside when a house catches fire and head to the basement when a tornado tears through town.

  • Can austerity win an election? Portugal offers an insight story has photos
    Updated: Sep-20-15 11:23 am

    LISBON, Portugal - Can a center-right government that has cut pay and pensions, enacted steep tax increases and slashed public services win re-election?