Latest Financial crisis News

Brazil's Bolsonaro causes global outrage over Amazon fires

Aug. 26, 2019 12:08 AM EDT

PORTO VELHO, Brazil (AP) — Brazilian President Jair Bolsonaro has insulted adversaries and allies, disparaged women, blacks and homosexuals, and even praised his country's 1964-1985 dictatorship. Yet nothing has rallied more anger at home and criticism from abroad than his response to fires raging in parts...

The Latest: Trump and Macron to hold news conference

Aug. 25, 2019 11:49 PM EDT

BIARRITZ, France (AP) — The Latest on President Donald Trump at the Group of Seven summit. (all times local): 12:25 a.m. President Donald Trump will have a partner at a news conference to mark the conclusion of a gathering of world leaders. The White House says French President Emmanuel Macron will join...

Trump sends mixed messages to China on trade war

Aug. 25, 2019 3:15 PM EDT

BIARRITZ, France (AP) — Injecting fresh uncertainty at a time of global economic jitters, President Donald Trump sent mixed messages Sunday on the U.S.-China trade war as leaders at a global summit pushed the unpredictable American president to ease frictions over tariffs and cooperate on other...

Elizabeth Warren's rise started by looking at the bottom

Aug. 25, 2019 7:53 AM EDT

CHICAGO (AP) — As a young scholar, Elizabeth Warren traveled to federal courthouses, studying families overwhelmed by debt. She brought along a photocopier, gathering reams of statistics as she tried to answer one question: Why were these folks going bankrupt? Warren, then a law professor, wasn't satisfied...

Economic storm clouds hovering over Trump and global leaders

Aug. 24, 2019 3:14 PM EDT

BIARRITZ, France (AP) — Under the threatening clouds of a global economic slowdown, President Donald Trump is confronting the consequences of his preference to go it alone, with low expectations that the leaders of the richest democracies can make substantive progress on an array of issues at their summit...

The Latest: Trump dining with G-7 leaders in France

Aug. 24, 2019 2:19 PM EDT

BIARRITZ, France (AP) — The Latest on President Donald Trump (all times local): 8:05 p.m. President Donald Trump is dining with world leaders attending the annual Group of Seven summit in France. The opening event of the meeting of the world's richest democracies is being held at the Biarritz lighthouse...

Lebanese president says Beirut will overcome economic crisis

Aug. 24, 2019 12:02 PM EDT

BEIRUT (AP) — Lebanon's president said Saturday his country will emerge from its difficult economic conditions by making decisions that boost production, and a top politician said politicians will be called for a meeting "to discuss the challenges." Michel Aoun's comments came a day after Fitch Ratings...

Trump arrives at summit in France of world leaders amid anxieties over global economic slowdown, trade war

Aug. 24, 2019 7:05 AM EDT
BIARRITZ, France (AP) — Trump arrives at summit in France of world leaders amid anxieties over global economic slowdown, trade war.

'Our bigger enemy': Trump escalates attack on Fed chief

Aug. 23, 2019 11:29 PM EDT

WASHINGTON (AP) — President Donald Trump launched a furious and highly personal Twitter attack Friday against the Federal Reserve and Chairman Jerome Powell, fuming that the Fed once more "did NOTHING!" and wondering who is "our bigger enemy" — Powell or China's leader. The outburst came after...

The Latest: Fed vice chairman made no time for Trump tweet

Aug. 23, 2019 5:19 PM EDT

WASHINGTON (AP) — The Latest on the gathering of central bankers in Jackson Hole, Wyoming (all times local): 5:15 p.m. Federal Reserve Vice Chairman Richard Clarida says he was too busy at the central bankers' conference in Jackson Hole, Wyoming, to read President Donald Trump's tweets, including the one...