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Headlines from the Associated Press

Headlines from the Associated Press

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Trump choice for Fed could prove to be key friend for banks

Wed, 26 Jul 2017 20:19:14 GMT2017-07-26T20:19:14Z

WASHINGTON (AP) -- President Donald Trump's choice of a key player in his drive to scale back financial rules would likely push to relax regulations on community banks, ease restrictions on some speculative trading and soften annual tests of big banks' health....

Markets Right Now: Modest gains send stocks to more records

Wed, 26 Jul 2017 20:09:18 GMT2017-07-26T20:09:18Z

NEW YORK (AP) -- The latest on developments in financial markets (All times local):...

Ford recalling 117,000 vehicles for safety defect

Wed, 26 Jul 2017 19:52:36 GMT2017-07-26T19:52:36Z

DETROIT (AP) -- Ford Motor Co. is recalling nearly 117,000 vehicles because the bolts in the seat, seat belt or seat belt buckle may fracture....

Text of the Fed's statement after its meeting Wednesday

Wed, 26 Jul 2017 19:00:59 GMT2017-07-26T19:00:59Z

WASHINGTON (AP) -- Below is the statement the Fed released Wednesday after its policy meeting ended:...

Fed leaves rates alone but moves closer to selling off bonds

Wed, 26 Jul 2017 18:48:58 GMT2017-07-26T18:48:58Z

WASHINGTON (AP) -- The Federal Reserve is keeping its key interest rate unchanged at a time when inflation remains persistently low. But it signaled Wednesday that it's edging closer to gradually shrinking its bond holdings, a step that would likely boost long-term borrowing rates including mortgages....