Financial markets

FILE - In this Thursday Sept. 24, 2020 file photo, Federal Reserve Board Chairman Jerome Powell testifies during a Senate Banking Committee hearing, on Capitol Hill in Washington. The Fed on Wednesday, Nov. 25, released minutes of its Nov. 4-5 meeting revealing that while officials believed that no changes were needed to the bond purchase program at that time, “they recognized that circumstances could shift to warrant such adjustments.” (Drew Angerer/Pool via AP, file)
November 25, 2020 - 12:55 pm
WASHINGTON (AP) — At their meeting earlier this month, Federal Reserve officials discussed possible future adjustments to the central bank's monthly bond purchases to boost the economy. The Fed on Wednesday released minutes of its Nov. 4-5 meeting revealing that while officials believed that no...
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A street sign is displayed at the New York Stock Exchange in New York, Monday, Nov. 23, 2020. Stocks are mostly lower as Wall Street heads into the Thanksgiving holiday. The S&P 500 index slipped 0.4% in the early going Wednesday, but it's still holding on to a gain of almost 11% for the month. (AP Photo/Seth Wenig)
November 25, 2020 - 11:27 am
Stocks are mostly lower on Wall Street in afternoon trading Wednesday, giving back some of their gains from a record-setting climb a day earlier. The S&P 500 was down 0.2% a day after setting an all-time high. The Dow Jones Industrial Average slipped below 30,000, a day after crossing that...
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A trader works at the New York Stock Exchange, Tuesday, November 24, 2020. The Dow Jones Industrial Average traded above 30,000 points for the first time as investors were encouraged by the latest progress on developing coronavirus vaccines and news that the transition of power in the U.S. to President-elect Joe Biden will finally begin. (Nicole Pereira/NYSE via AP)
November 25, 2020 - 12:30 am
NEW YORK (AP) — Wall Street busted through its latest milestone Tuesday, when the Dow Jones Industrial Average topped 30,000 for the first time. The Dow rose 454.97 points, or 1.5%, to close at 30,046.24. Investors were encouraged by progress in the development of coronavirus vaccines and news that...
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People stand by an electronic stock board of a securities firm showing Japan's Nikkei 225 index in Tokyo, Wednesday, Nov. 25, 2020. Asian shares rose Wednesday after the Dow Jones Industrial Average closed above 30,000 points for the first time despite an ongoing pandemic, as progress in development of coronavirus vaccines kept investors in a buying mood. (AP Photo/Koji Sasahara)
November 24, 2020 - 7:36 pm
TOKYO (AP) — Asian shares rose Wednesday after the Dow Jones Industrial Average closed above 30,000 points for the first time despite an ongoing pandemic, as progress in development of coronavirus vaccines kept investors in a buying mood. Japan's benchmark Nikkei 225 jumped 1.7% to 26,607.63 in...
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FILE - In this Aug. 14, 2019, file photo former Fed Chair Janet Yellen speaks with FOX Business Network guest anchor Jon Hilsenrath in the Fox Washington bureau in Washington. (AP Photo/Andrew Harnik, File)
November 23, 2020 - 9:01 pm
WASHINGTON (AP) — Janet Yellen is in line for another top economic policy job — just in time to confront yet another crisis. Yellen, President-elect Joe Biden's apparent choice for treasury secretary, served on the Federal Reserve's policymaking committee during the 2008-2009 financial crisis that...
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A currency trader walks by a screen showing the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Monday, Nov. 23, 2020. Asian stocks rose Monday as investors looked ahead to quarterly U.S. economic data and updates on anti-coronavirus curbs on business amid wrangling over the American presidential election. (AP Photo/Lee Jin-man)
November 23, 2020 - 6:46 am
NEW YORK (AP) — Stocks are off to a good start on Wall Street Monday after AstraZeneca said that late-stage trials showed that its coronavirus vaccine was up to 90% effective. The S&P 500 rose 0.9% in the early going Monday following a loss last week. Companies that would benefit the most from...
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President Barack Obama shakes hands with President-elect Donald Trump in the Oval Office of the White House in Washington, Thursday, Nov. 10, 2016. President Trump and his allies are harking back to his own transition four years ago to make a false argument that his own presidency was denied a fair chance for a clean launch. Press secretary Kayleigh McEnany laid out the case from the White House podium last week. Obama, who had portrayed Trump as an existential threat to the nation, invited the president-elect to the White House and visited with him in the Oval Office. Obama's aides also offered help to Trump's incoming staffers. (AP Photo/Pablo Martinez Monsivais)
November 22, 2020 - 11:10 am
WASHINGTON (AP) — It’s not just President-elect Joe Biden’s transition that’s under a microscope. President Donald Trump and his allies are harking back to his own transition four years ago to make a false argument that his own presidency was denied a fair chance for a clean launch. Press secretary...
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FILE - In this file photo released by Taiwan's Military News Agency, Taiwan war planes are parked on a highway during an exercise to simulate a response to a Chinese attack on its airfields in Changhua in southern Taiwan. Taiwan said Tuesday, Oct 27, 2020, that recent proposed of U.S. sales of missiles and other arms systems will boost the island's ability to credibly defend itself, amid rising threats from China. (Military News Agency via AP, File)
November 20, 2020 - 9:00 pm
TAIPEI, Taiwan (AP) — The U.S. and Taiwan are stepping up cooperation in a newly created economic dialogue, in another move from the outgoing Trump administration to increase official exchanges with the self-ruled island. The two sides signed a five-year agreement establishing the U.S.-Taiwan...
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FILE - A sign for Wall Street is carved in the side of a building, Thursday, Nov. 5, 2020, in New York. Stocks are opening slightly lower at the end of a choppy week on Wall Street. The S&P 500 slipped 0.1% in the early going Friday, Nov. 20, and is headed for a weekly loss. (AP Photo/Mark Lennihan)
November 20, 2020 - 9:53 am
NEW YORK (AP) — U.S. stocks are pulling a bit lower in afternoon trading Friday as worries about the worsening pandemic weigh on rising optimism about a coming coronavirus vaccine. The S&P 500 fell 0.3%, as of 12:36 p.m. Eastern time. The Dow Jones Industrial Average was down 157 points, or 0.5...
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The Parthenon temple is illuminated atop of the Acropolis hill as a ferry approaches the port of Piraeus as another one departs in Athens, Monday, Oct. 26, 2020. (AP Photo/Thanassis Stavrakis)
November 20, 2020 - 8:20 am
Greece has downgraded its forecasts for the economy this year to include the impact of a second lockdown, and says the national debt is now expected to exceed 200% of annual output. The Finance Ministry on Friday said that it expects the economy to contract by 10.5% in 2020 and rebound by a modest...
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