In a season of daunting wildfires and flooding, the Biden administration is taking an initial step to assess how climate change could harm financial markets.
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Read More »August 31, 2021 Comments Off on Biden administration looking at climate change risks to financial markets
In a season of daunting wildfires and flooding, the Biden administration is taking an initial step to assess how climate change could harm financial markets.
Tagged with: biden climate change financial markets
Read More »June 24, 2016 Comments Off on Global stocks tumble after Britain votes to leave the EU
NEW YORK — Stocks are plunging in the U.S. and worldwide Friday after Britain voted to leave the European Union. The result stunned investors, who reacted by rushing to the safety of gold and U.S. government bonds as they wondered ...
Tagged with: Brexit financial markets
Read More »August 6, 2012 Comments Off on A year later, S&P downgrade of U.S. looks like a dud
WASHINGTON — The rating agency Standard & Poor’s stunned the world a year ago by stripping the U.S. government of its prized AAA bond rating. The downgrade of long-term U.S. Treasurys threatened to sow chaos in financial markets, driving up ...
Tagged with: democrats dollar Economy europe financial markets fitch interest rates investing investors moody's republicans s&p standard & poor's white house
Read More »June 7, 2012 Comments Off on Bernanke signals no imminent steps to aid economy
WASHINGTON — Chairman Ben Bernanke said the Federal Reserve is prepared to take further steps to lift the U.S. economy if it weakens. But he didn’t signal any imminent action in testimony before a congressional panel Thursday. Bernanke said the ...
Tagged with: Ben Bernanke bonds Congress Economy election euro european debt crisis fed federal reserve financial markets growth interest rates jobs rates stimulus
Read More »April 25, 2012 Comments Off on Bernanke says more Fed action is possible
WASHINGTON — Federal Reserve Chairman Ben Bernanke left open the possibility Wednesday of further Fed action to stimulate the economy. Speaking at a news conference, Bernanke walked a fine rhetorical line: He signaled that the Fed would act more aggressively ...
Tagged with: Ben Bernanke Economy europe federal reserve financial markets inflation interest rate quantitative easing recovery Stocks treasury bonds Unemployment
Read More »November 28, 2011 Comments Off on Judge rejects $285M SEC-Citigroup agreement
NEW YORK — A federal judge on Monday struck down a $285 million settlement that Citigroup reached with the Securities and Exchange Commission, saying he couldn’t tell whether the deal was fair and criticizing regulators for shielding the public from ...
Tagged with: citigroup financial markets investment lawsuit new york SEC securities and exchange commission Settlement U.S. District Court
Read More »August 18, 2011 Comments Off on Dow drops 419 points in another down day
NEW YORK — Just when Wall Street seemed to have settled down, a barrage of bad economic reports collided with fresh worries about European banks Thursday and triggered a global sell-off in stocks. The Dow Jones industrial average fell 419 ...
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Read More »June 22, 2011 Comments Off on Fed still faces challenges keeping economy growing
WASHINGTON — We may be into the second year of the economic recovery, but Federal Reserve Chairman Ben Bernanke and his colleagues are still facing plenty of challenges as they try to keep a fragile expansion on track. A host ...
Tagged with: Ben Bernanke economic indicators economic recovery Economy expansion fed federal reserve financial markets gasoline prices greece quantitative easing washington
Read More »April 5, 2011 Comments Off on Tourist bargains available in Europe this summer
LONDON — Airfares have repeatedly risen this year, the dollar has struggled against the euro, and Europe’s economic crisis is still rattling financial markets. Americans planning their summer vacations could well ask what’s the point of going to Europe this ...
Tagged with: air travel euro europe financial markets greece ireland london portugal Spain Tourism tourist travel
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