Photo of trader Michael Gallucci

As Central Banks Intervene to Calm Markets, Few See Solution

WASHINGTON — The Federal Reserve and the European Central Bank moved Thursday to try to calm financial markets and restore some degree of confidence. It didn't quite work. The central banks are facing a crisis only partly responsive to the medicine they can pr...
Photo of trader Gregory Rowe

Stocks Fall on Wall Street, Head for Worst Week Since 2008

NEW YORK — U.S. stocks fell sharply Friday and were on track for their worst week since October 2008 as the spreading coronavirus threatens to derail the global economy. The virus outbreak has been shutting down industrial centers, emptying shops and severe...
Photo of President Donald Trump

AP FACT CHECK: Trump Suddenly Loses Interest in Stock Market

WASHINGTON — President Donald Trump offered a faulty take on the Constitution's grounds for impeachment Wednesday as he wrapped up a NATO summit marked by his misstatements on several fronts. Among them, he claimed that he pays no attention to the stock mar...
Photo of Chinese Vice Premier Liu He, center, posing with U.S. Trade Representative Robert Lighthizer, right, and Treasury Secretary Steven Mnuchin

China Threatens Retaliation for Trump’s Planned Tariff Hike

BEIJING — China on Friday threatened retaliation if U.S. President Donald Trump's planned tariff hikes go ahead, while the renewed acrimony between the two biggest global economies sent stock markets tumbling. China's government accused Trump of violating h...