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Financial Headlines From The Associated Press

  • Congress clears Puerto Rico rescue bill, sends to president
    WASHINGTON (AP) -- Congress delivered relief to debt-stricken Puerto Rico on Wednesday, sending President Barack Obama a last-minute financial rescue package to help the U.S. territory of 3.5 million Americans....
  • North America leaders urge against Trump's isolationism
    OTTAWA, Ontario (AP) -- President Barack Obama and the leaders of Mexico and Canada pushed back forcefully on Wednesday against the isolationist and anti-immigrant sentiments that have roiled Britain and been championed by GOP presidential candidate Donald Trump. The leaders warned against easy solutions peddled by "demagogues" who feed on economic anxiety....
  • US stocks claw back half of ground lost post-British vote
    Banks and other financial companies led another broad surge in U.S. stocks Wednesday, turning the Dow Jones industrial average and the Standard & Poor's 500 index slightly positive for the year....
  • Fed gives OK to 30 banks to up dividends, buy back shares
    WASHINGTON (AP) -- The Federal Reserve on Wednesday gave the green light to plans by major banks in the U.S. to raise their dividends and buy back shares, judging their financial foundations sturdy enough to withstand a major economic downturn. The Fed rejected the plans put forward by the U.S. businesses of two European banks, Germany's Deutsche Bank and Spain's Santander....
  • Exxon Mobil wins a round in climate litigation
    DALLAS (AP) -- Exxon Mobil Corp. has won an early round in its fight against regulators over whether the oil giant covered up what it knew about climate change....

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