Financial Crisis

Puerto Rico betting on medical marijuana to help ease crisis

Aug 1, 2017

Puerto Rico is hoping that crops of spiky green plants will help it ease a grinding economic crisis by generating millions in revenue and tens of thousands of jobs

Colombia: Temporary status for some Venezuelans amid crisis

Jul 28, 2017

Colombia says it will grant temporary legal status to more than 150,000 Venezuelans who have overstayed visas due to the deteriorating political and economic crisis in their home country

Trump choice for Fed could prove to be key friend for banks

Jul 26, 2017

Trump's choice for a key Fed post could prove to be an important friend for banks

Fed keeps key interest rates unchanged amid low inflation

Jul 26, 2017

Fed keeps key interest rate unchanged, noting strong job growth but undesirably low inflation

Greek bond issue marks milestone in recovery from bailout

Jul 25, 2017

The Greek government says it has raised 3 billion euros ($3.5 billion) with the country's first bond issue in more than three years, which was more than two times oversubscribed

Fed will likely focus on low inflation but leave rates alone

Jul 24, 2017

Federal Reserve expected to hold rates steady this week as they seek more clarity on inflation

7.1 million Venezuelans vote in opposition referendum

Jul 17, 2017

Venezuelan's opposition said more than 7.1 million people responded to its call to vote Sunday in a symbolic rejection of President Nicolas Maduro's plan to rewrite the constitution.

China's economic growth holds steady despite slowdown fears

Jul 17, 2017

China's economic growth held steady in the latest quarter, boosted by unusually strong trade, despite concerns of a slowdown in the world's second largest economy

China's economic growth holds steady at 6.9 percent in latest quarter despite fears of possible slowdown

Jul 17, 2017

China's economic growth holds steady at 6.9 percent in latest quarter despite fears of possible slowdown

Royal Bank of Scotland in $5.5B settlement over US mortgages

Jul 12, 2017

Royal Bank of Scotland has reached a $5.5 billion settlement in the United States over mortgage-backed securities issued before the financial crisis