Financial Services

Turkey tries to contain crisis but currency keeps falling

Aug 13, 2018

Turkey's Central Bank has announced a series of measures to help banks manage their liquidity, after the country's finance chief said the government had readied an "action plan" to ease market concerns that led to a slump in the value of Turkish currency

The Latest: Germany urges solution on Turkish prisoners

Aug 13, 2018

Germany's foreign minister says it would be in Turkey's own interest to come to an agreement with the United States and others on the release of foreign prisoners.

Newest US sanctions against Russia hit an economic nerve

Aug 13, 2018

Hitting an economic nerve: Newest US sanctions get a rise out of Russia, a drop in the ruble

Wildfire victims among those stung by Trump's trade war

Aug 11, 2018

The cost of building a home has been rising, in part because of the tariffs President Donald Trump has imposed on imported lumber, nails and other construction material

New US sanctions could pitch Russia relations to new low

Aug 11, 2018

While the first wave of new US sanctions may have a limited impact on Russia, a second batch could hit its economy hard and send already tense relations into a tailspin

The Latest: Manafort prosecutors expect to rest case Monday

Aug 10, 2018

Prosecutors in Paul Manafort's financial fraud trial say they expect to rest their case Monday

Turkish turmoil knocks US and European stocks lower

Aug 10, 2018

Stocks in the U.S. and Europe take sharp losses as Wall Street worries about financial instability in Turkey

The Latest: Turkey: Steel tariffs will hurt US firms too

Aug 10, 2018

Turkey's trade minister says Turkey is "deeply disappointed" by the decision of U.S. President Donald Trump's administration to double steel and aluminum tariffs on imports from Turkey

Turkey shaken by financial fears, Trump rattles it further

Aug 10, 2018

The Turkish currency has plunged to an all-time low as an on-going dispute with the United States showed no sign of subsiding and concerns over the president's policies persisted

The Latest: Bank exec unaware of Manafort's alleged lies

Aug 9, 2018

A California bank executive says he was not aware that Paul Manafort had allegedly lied on loan documents when he approved a $1 million for the former Trump campaign chairman

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