Financial services

In this Thursday, Jan. 17, 2019 photo, U.S. Coast Guard Culinary Specialist Jerry Wright, right, and Petty Officer 2nd Class Lauren Laughlin, second from right, stack boxes of donated cereal at a pop-up food pantry created at the Coast Guard Academy in New London, Conn. The pantry was created by local Coast Guard-related advocacy groups to help hundreds of civilian and non-civilian Coast Guard employees to help makes ends meet during the partial federal government shutdown. (AP Photo/Susan Haigh)
January 18, 2019 - 3:43 pm
NEW LONDON, Conn. (AP) — The city of New London, Connecticut, and its neighbors have joined forces to help hundreds of Coast Guard employees who are not being paid because of the partial government shutdown. A pop-up food pantry has opened at the U.S. Coast Guard Academy, one of several Coast Guard...
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January 18, 2019 - 11:26 am
These days, many of us wear different hats to earn income on the side. You might clock out of one job and into the next as a ride-hailing driver, Airbnb host, Etsy shop owner or pet sitter. Such "gig economy" work can make for a stressful tax season that eats up your time (and billable hours) and...
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German Finance Minister Olaf Scholz, left, and Chinese Vice Premier Liu He arrive for the China-Germany High Level Financial Dialogue at the Diaoyutai State Guesthouse in Beijing, Friday, Jan. 18, 2019. (AP Photo/Andy Wong, Pool)
January 18, 2019 - 4:29 am
BEIJING (AP) — China and Germany promised Friday to open their markets wider to each other's banks and insurers, giving Beijing a burst of positive trade news amid conflicts with Washington and Europe. The two sides also affirmed support for a global trading system that other governments worry is...
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FILE - In this Monday, July 18, 2016, file photo, American Express credit cards are photographed in North Andover, Mass. American Express Co. reports financial results Thursday, Jan. 17, 2019. (AP Photo/Elise Amendola, File)
January 17, 2019 - 3:59 pm
NEW YORK (AP) — American Express is reporting that it swung to a fourth-quarter profit, helped by a lower tax rate and more spending on the company's namesake credit cards. The New York-based company earned $2.01 billion, or $2.32 a share, compared with a loss of $1.21 billion, or $1.42 a share,...
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January 16, 2019 - 11:33 pm
TOKYO (AP) — The governor of Japan's central bank has warned of unforeseen risks in guiding economic policy as the country's population declines. Bank of Japan Gov. Haruhiko Kuroda told fellow financial leaders Thursday that policies must be devised to prevent the shrinking population from...
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FILE - In this Tuesday, May 20, 2008, file photo, John Bogle, founder of The Vanguard Group, talks during an interview with The Associated Press, in New York. Vanguard announced Wednesday, Jan. 16, 2019, that John C. "Jack" Bogle has died at the age of 89. (AP Photo/Mark Lennihan, File)
January 16, 2019 - 7:39 pm
VALLEY FORGE, Pa. (AP) — When he lost his job running a mutual fund company after stocks tanked in the early 70's, John C. Bogle decided that money managers knew very little about predicting the market — and charged way too much for that lack of knowledge. He founded a new fund company, Vanguard,...
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FILE - In this Tuesday, May 20, 2008, file photo, John Bogle, founder of The Vanguard Group, talks during an interview with The Associated Press, in New York. Vanguard announced Wednesday, Jan. 16, 2019, that John C. "Jack" Bogle has died at the age of 89. (AP Photo/Mark Lennihan, File)
January 16, 2019 - 5:31 pm
VALLEY FORGE, Pa. (AP) — John C. Bogle, who simplified investing for the masses by launching the first index mutual fund and founded Vanguard Group, died Wednesday, the company said. He was 89. Bogle did not invent the index fund, but he expanded access to no-frills, low-cost investing in 1976 when...
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TSA employee Gary Vetterli prepares a hot dog during lunch at Salt Lake City International Airport, Wednesday, Jan. 16, 2019, in Salt Lake City. The government shutdown has generated an outpouring of generosity to TSA agents and other federal employees who are working without pay. In Salt Lake City, airport officials treated workers from the TSA, FAA and Customs and Border Protection to a free barbecue lunch as a gesture to keep their spirits up during a difficult time. (AP Photo/Rick Bowmer)
January 16, 2019 - 5:23 pm
The partial government shutdown is a double-whammy for Cara and Philip Mangone, a married couple from Philadelphia. Both are agents with the Transportation Safety Administration, both working full time at the Philadelphia airport. Neither knows when they might again start drawing their paychecks...
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FILE - In this Nov. 14, 2018 file photo, the shadow of a worker falls on a fence at the construction site of a convenience store in Victorville, Calif. On Wednesday, Jan. 16, 2019, the Federal Reserve releases its latest "Beige Book" survey of economic conditions. The Beige Book is based on anecdotal reports from businesses and will be considered along with other data when Fed policymakers meet next. (James Quigg/The Daily Press via AP, File)
January 16, 2019 - 3:41 pm
WASHINGTON (AP) — The Federal Reserve said Wednesday business contacts in many regions of the country are expressing less optimism amid a host of adverse developments, from plunging stock prices to uncertainty about a widening trade war. In its latest report on economic conditions around the...
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FILE - In this Dec. 13, 2016, file photo, the logo for Goldman Sachs appears above a trading post on the floor of the New York Stock Exchange. The Goldman Sachs Group Inc. reports financial results Wednesday, Jan. 16, 2019. (AP Photo/Richard Drew, File)
January 16, 2019 - 8:13 am
NEW YORK (AP) — Investment bank Goldman Sachs swung to a fourth-quarter profit, as the bank's advisory business helped offset a difficult quarter in trading, given the turbulent markets in late 2018. The Wall Street firm said Wednesday that it earned $2.32 billion, or $6.04 a share, compared to a $...
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