Financial Crisis

Senate confirms Trump choice to head commodity agency

Aug 4, 2017

The Senate confirmed President Donald Trump's choice to head the agency overseeing risky corners of the financial world.

Puerto Rico gov vows to fight possible furloughs amid crisis

Aug 3, 2017

Puerto Rico's governor is making a last-ditch effort to persuade a federal control board that furloughing tens of thousands of government workers would be an unnecessary blow to the U.S. territory's struggling economy

Ex-Disney CEO Eisner buys English soccer club Portsmouth

Aug 3, 2017

A former chief executive of The Walt Disney Co. has bought English soccer club Portsmouth

US control board to probe Puerto Rico debt, ties to crisis

Aug 2, 2017

A federal control board overseeing the finances of Puerto Rico's government says it will investigate the causes of the island's economic crisis as well as examine how its debt was issued and probe disclosure and selling practices.

Departing AP reporter looks back at Venezuela's slide

Aug 2, 2017

Hannah Dreier arrived in Venezuela as an Associated Press correspondent in 2014, just in time to witness the country's accelerating descent into humanitarian catastrophe

Puerto Rico university seeks to double fees amid crisis

Aug 1, 2017

Puerto Rico's largest public university seeks to double its course fees following demands that it slash its budget amid a dire economic 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