Financial Services

German court sends ECB challenge to European court

Aug 15, 2017

Germany's top court has declined to hear a series of challenges to the European Central Bank's bond-buying program, referring them instead to the European Court of Justice

Top Fed official tells AP: Bond portfolio could shrink soon

Aug 14, 2017

NY Fed President Dudley indicates Fed will likely begin shrinking its bond portfolio soon

Cash crisis exposes rift within Saudi-led coalition in Yemen

Aug 14, 2017

Yemen's Central Bank says the Saudi-led coalition is "strangling" the economy by preventing planes from flying in newly-minted cash, reflecting a struggle between the government and the United Arab Emirates, key members of the military alliance

Health care divide leaves tax on path to reinstatement

Aug 13, 2017

The failed efforts of Republican congressional leaders to repeal and replace former President Barack Obama's health care law leaves intact a tax on medical device makers that even many Democrats dislike

Montana's Health Co-op remains standing as others falter

Aug 12, 2017

Montana's health care co-op resumes accepting new enrollees on Sunday after it voluntarily pulled itself from the state's insurance marketplace in December

Billionaire suggests black senator worse than Ku Klux Klan

Aug 11, 2017

A billionaire hedge fund executive has apologized for an online post saying a black New York state senator has done "more damage to people of color than anyone who has ever donned a hood."

The Latest: NY Gov. Cuomo decries donor's remarks

Aug 11, 2017

New York Gov. Andrew Cuomo is denouncing comments from a top donor who said a black New York state senator has done "more damage to people of color than anyone who has ever donned a hood."

Poll: Most say time to stop trying to repeal 'Obamacare'

Aug 11, 2017

Poll: People want President Donald Trump and congressional Republicans to try making the Obama health care law more effective and stop trying to scrap it

North Korea tensions continue to weigh on global stocks

Aug 11, 2017

Global stock markets have slumped as President Donald Trump's bellicose remarks on North Korea prompted investors to unload shares in companies that have been on the rise

Egypt inflation soars to near 33 percent amid subsidy cuts

Aug 10, 2017

Egypt's inflation rate jumps to almost 33 percent in July as nation struggles with subsidy cuts