Latest Banks News

Asian shares mixed following Fed's decision to cut rates

Sep. 19, 2019 12:02 AM EDT

BANGKOK (AP) — Shares were mixed in Asia on Thursday, with Tokyo and Sydney logging modest gains after the Federal Reserve cut its benchmark interest rate for a second time this year, citing slowing global economic growth and uncertainty over U.S. trade conflicts. Japan's central bank opted to keep its own...

CB Bryce Thompson will travel to Vols' game at No. 9 Florida

Sep. 18, 2019 7:00 PM EDT

KNOXVILLE, Tenn. (AP) — Tennessee cornerback Bryce Thompson will travel to the Volunteers' game at No. 9 Florida after getting arrested last month on a misdemeanor domestic assault charge. Vols coach Jeremy Pruitt said Wednesday that Thompson will make the trip but noted that doesn't necessarily mean the...

Stocks mixed ahead of Fed, oil dips on Saudi output recovery

Sep. 18, 2019 8:24 AM EDT

BEIJING (AP) — Global stocks were little changed Wednesday as investors watched for a U.S. Federal Reserve decision on a possible interest rate cut and as oil prices eased on hopes for a quick recovery in Saudi oil supplies. Benchmarks in London, Frankfurt and Shanghai advanced while Tokyo and Hong Kong...

$2B waterway through Deep South yet to yield promised boom

Sep. 16, 2019 2:37 PM EDT

EPES, Ala. (AP) — More than a century in the making, the 234-mile (376-kilometer) Tennessee-Tombigbee Waterway was supposed to fulfill a dream of "orderly growth and prosperity" when it opened in 1985, snaking its way through the poor, rural Deep South. It hasn't worked out that way. Delayed for decades by...

Cubs' Rizzo sprains right ankle, set for MRI on Monday

Sep. 15, 2019 8:06 PM EDT

CHICAGO (AP) — Anthony Rizzo was helped off the field Sunday by a trainer and a teammate with a sprained right ankle, and Wrigley Field fell silent. With Chicago's postseason pursuit already hindered by a season-ending injury to shortstop Javier Báez, the team may now be without another star player....

Cubs set team HR record, clobber Pirates 14-1

Sep. 14, 2019 10:21 PM EDT

CHICAGO (AP) — All of a sudden, the Chicago Cubs are locked in at the plate and looking like a confident, playoff-bound team again. Kris Bryant and rookie Nico Hoerner each homered among three hits, and the Cubs went deep four times to set a club record with 237 home runs as they pounded the Pittsburgh...

Vols finally get 1st win with 45-0 blowout of Chattanooga

Sep. 14, 2019 6:46 PM EDT

KNOXVILLE, Tenn. (AP) — Tennessee got some desperately needed momentum just in time for the start of Southeastern Conference competition. Jarrett Guarantano threw three first-half touchdown passes and Tennessee rolled to a 45-0 blowout of Football Championship Subdivision program Chattanooga on Saturday as...

Police video shows gunfire, chase in Baltimore shooting

Sep. 13, 2019 7:46 PM EDT

BALTIMORE (AP) — Video from a camera worn by a Baltimore police officer shows officers fired their weapons for nearly a minute last month after a suspect flashed his gun twice as he led them on a vehicle chase. News outlets report police released the video Friday. Authorities recovered more than 150 shell...

NC governor seeks Hurricane Dorian disaster declaration

Sep. 13, 2019 5:48 PM EDT

RALEIGH, N.C. (AP) — North Carolina Gov. Roy Cooper is seeking a federal disaster declaration for 13 counties affected by Hurricane Dorian. Cooper made the request to President Donald Trump's administration Friday. If approved, money would be available to help with the cost of debris cleanup, repairs or...

Markets Right Now: Stocks mostly lower as tech shares drop

Sep. 13, 2019 4:18 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are closing mostly lower Friday as a decline in technology stocks offsets a strong performance by Wall Street banks. Apple dropped 1.9% and Broadcom fell 3.4% after the chipmaker warned that demand remains...