US reaches over-$4 billion settlement with world’s largest cryptocurrency exchange, AP source says
WASHINGTON (AP) — The U.S. government dealt a massive blow to Binance, the world’s largest cryptocurrency exchange, which agreed to...
archiveAP Top News
United States and China launch economic and financial working groups with aim of easing tensions
WASHINGTON (AP) — The U.S. Treasury Department and China’s Ministry of Finance launched a pair of economic working groups on...
Average long-term US mortgage rate climbs to highest level in more than 20 years
The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, grim news...
‘Dollarization’ of North Korean economy, once vital, now potential threat to Kim’s rule
SEOUL, South Korea (AP) — Before fleeing North Korea in 2014, Jeon Jae-hyun kept U.S. dollars as a store of...
Oregon is invested in Fox Corp. and is investigating its board over bogus election fraud claims
SALEM, Ore. (AP) — Oregon’s attorney general announced Monday she has begun investigating the board of directors of Fox Corp....
Yellen declares bank system sound, as new rescues ordered
WASHINGTON (AP) — Treasury Secretary Janet Yellen offered firm, upbeat reassurances to rattled bank depositors and investors Thursday, even as...
After Silicon Valley Bank collapse, US and UK work to prevent crisis
NEW YORK (AP) — President Joe Biden on Monday told Americans the nation’s financial systems were safe, seeking to project...
Silicon Valley Bank collapse: What you need to know
WASHINGTON (AP) — Two large banks that cater to the tech industry have collapsed after a bank run, government agencies...
US government moves to stop potential banking crisis
NEW YORK (AP) — The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after the historic...
US economy sending mixed signals: Here’s what it all means
WASHINGTON (AP) — Maybe it was just too good to be true.For a few weeks in late January and early...
