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Frustration Rules As Venezuela Unveils New Currency

Frustration Rules As Venezuela Unveils New Currency

By Scott Smith | Aug 21
Banks and most other businesses were closed for the day as Venezuela launched a series of dramatic economic reforms, beginning with the release of a currency with five fewer zeros in a bid to tame soaring inflation.

Born Out of the Financial Crisis, Bull Market Nears Record

Born Out of the Financial Crisis, Bull Market Nears Record

By Bernard Condon | Aug 20
If stocks don't drop significantly by the close of trading Wednesday, the bull market that began in March 2009 will have lasted nine years, five months and 13 days, a record that few would have predicted.

Vital U.S. Reservoir OK for Now, but Shortages Are Looming

Vital U.S. Reservoir OK for Now, but Shortages Are Looming

By Dan Elliott | Aug 19
A vital reservoir on the Colorado River will be able to meet the demands of Mexico and the U.S. Southwest for the next 13 months, but a looming shortage could trigger cutbacks as soon as the end of 2019.

What Really Matters with Your First Credit Card

What Really Matters with Your First Credit Card

By Claire Tsosie | Aug 19
Getting your first credit card is like moving into your first apartment: It's exciting, empowering - and, once you get used to it, pretty underwhelming.

Greek Bailout Ends, but Europe's Debt Problem Goes On

Greek Bailout Ends, but Europe's Debt Problem Goes On

By David McHugh | Aug 18
Greece officially emerges from its bailout program on Monday, after eight years of cutbacks enforced in return for massive loans and an economic collapse on the scale of the Great Depression.

How U.S. Fed Is Unintentionally Squeezing Developing Economies

How U.S. Fed Is Unintentionally Squeezing Developing Economies

By Paul Wiseman | Aug 17
The Federal Reserve has - unintentionally - led investors to pull money out of emerging markets like Turkey, strengthened the dollar's value and made it harder for foreign companies to repay their dollar-denominated debts.

Trump Cancels $92M Parade, Cites Cost, Says Maybe Next Year

Trump Cancels $92M Parade, Cites Cost, Says Maybe Next Year

By Lolita C. Baldour | Aug 17
President Donald Trump said Friday he had canceled plans for a Veterans Day military parade, citing the "ridiculously high" price tag.

AP FACT CHECK: Trump Overstates His Role in Black Job Gains

AP FACT CHECK: Trump Overstates His Role in Black Job Gains

By Josh Boak | Aug 16
President Donald Trump is taking unjustified credit for recent job gains by black Americans even as he defends himself against claims of racism.

Ex-Trump Aides Often Find a Soft Landing for Staying Quiet

Ex-Trump Aides Often Find a Soft Landing for Staying Quiet

By Zeke Miller and Jonathan Lemire | Aug 16
President Donald Trump's political operation has made a regular practice of providing soft landing-pads for discarded staffers, offering nebulous jobs at big salaries to aides who have been pushed out of his West Wing.

Your House Isn't A Piggy Bank

Your House Isn't A Piggy Bank

By Liz Weston | Aug 15
Your home equity could keep you afloat in retirement or bail you out in an emergency - but not if you spend it first.

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