Financial industry regulation

A woman walks past a display showing symbols for world currencies on the exterior of a bank in Beijing, Thursday, Jan. 18, 2018. Financial regulators in China say cross-border capital flows hit a turning point in 2017 as foreign currency reserve levels stabilized after two years of declines. (AP Photo/Mark Schiefelbein)
January 18, 2018 - 12:27 am
HONG KONG (AP) — China's cross-border capital flows hit a turning point in 2017 as foreign currency reserve levels stabilized after two years of declines, the country's foreign exchange regulator said Thursday. The supply and demand of foreign exchange "have shifted to a basic equilibrium" thanks...
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FILE - This Jan. 4, 2010, file photo shows an historic marker on Wall Street in New York. U.S. stocks edged higher in early trading Wednesday, Jan. 17, 2018, recouping some of the market’s losses from a day earlier. (AP Photo/Mark Lennihan, File)
January 17, 2018 - 10:43 am
U.S. stocks edged higher in early trading Wednesday, recouping some of the market's losses from a day earlier. Technology and health care companies accounted for much of the gains. Financials stocks declined the most after some big banks reported hefty quarterly losses. KEEPING SCORE: The Standard...
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FILE - In this Oct. 16, 2014, file photo, a screen at a trading post on the floor of the New York Stock Exchange is juxtaposed with the Goldman Sachs booth. The Goldman Sachs Group, Inc. reports earnings Wednesday, Jan. 17, 2018. (AP Photo/Richard Drew, File)
January 17, 2018 - 9:42 am
NEW YORK (AP) — Goldman Sachs posted a $1.93 billion loss in the fourth quarter as the investment bank had to record more than $4 billion in charges related to the new tax law. It was the bank's first quarterly loss in more than six years. Goldman lost $5.51 a share, compared with a profit of $2.35...
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FILE - This Monday, July 18, 2016, file photo shows the top of a Bank of America ATM booth, in Woburn, Mass. Bank of America Corp. reports earnings, Wednesday, Jan. 17, 2018. (AP Photo/Elise Amendola, File)
January 17, 2018 - 7:19 am
NEW YORK (AP) — Bank of America says its fourth-quarter profits fell by nearly half from a year ago, as the bank had to book $2.9 billion in charges related to the new tax law. The consumer banking giant said it earned $2.37 billion, or 20 cents a share, down from $4.54 billion, or 39 cents a share...
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FILE- This Jan. 3, 2018, file photo shows the Capitol in Washington. The government is financed through Friday, Jan. 19, and another temporary spending bill is needed to prevent a partial government shutdown after that. (AP Photo/J. Scott Applewhite, File)
January 16, 2018 - 12:49 pm
WASHINGTON (AP) — Before a potential government shutdown at midnight Friday night, a host of leftover Washington business is bottled up in Congress, waiting on a deal to prevent the deportation of young immigrants brought to the country illegally as children and an agreement on other immigration-...
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January 15, 2018 - 9:49 am
PARIS (AP) — France's finance minister says he wants new regulation targeted at virtual currencies, to stop them from being used for tax evasion, financing terrorism and other crime. Bruno Le Maire said in a sweeping economic speech Monday that he has ordered a former central bank chief to draft...
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FILE - In this Sunday, Sept. 24, 2017, file photo, President Donald Trump speaks with reporters before boarding Air Force One at Morristown Municipal airport, in Morristown, N.J. Trump often brags that he’s done more in his first year in office than any other president. That’s a spectacular stretch. But while he’s fallen short on many measures and has a strikingly thin legislative record, Trump has followed through on dozens of his campaign promises, overhauling the country’s tax code, changing the country’s posture abroad and upending the lives of hundreds of thousands of immigrants. (AP Photo/Evan Vucci, File)
January 15, 2018 - 12:58 am
WASHINGTON (AP) — President Donald Trump often brags that he's done more in his first year in office than any other president. That's a spectacular stretch. But while he's fallen short on many measures and has a strikingly thin legislative record, Trump has followed through on dozens of his...
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FILE - In this Sunday, Sept. 24, 2017, file photo, President Donald Trump speaks with reporters before boarding Air Force One at Morristown Municipal airport, in Morristown, N.J. Trump often brags that he’s done more in his first year in office than any other president. That’s a spectacular stretch. But while he’s fallen short on many measures and has a strikingly thin legislative record, Trump has followed through on dozens of his campaign promises, overhauling the country’s tax code, changing the country’s posture abroad and upending the lives of hundreds of thousands of immigrants. (AP Photo/Evan Vucci, File)
January 13, 2018 - 8:43 am
WASHINGTON (AP) — President Donald Trump often brags that he's done more in his first year in office than any other president. That's a spectacular stretch. But while he's fallen short on many measures and has a strikingly thin legislative record, Trump has followed through on dozens of his...
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FILE - In this Thursday, Jan. 11, 2018, file photo, President Donald Trump, right, and Kentucky Gov. Matt Bevin, left, talk during a prison reform roundtable in the Roosevelt Room of the Washington. Kentucky has become the first state to win approval from the Trump administration requiring many of its Medicaid recipients to work to receive coverage. The Trump administration gave the go ahead Friday, Jan. 12, 2018. (AP Photo/Carolyn Kaster, File)
January 12, 2018 - 5:12 pm
FRANKFORT, Ky. (AP) — Kentucky has become the first state to require many of its Medicaid recipients to work to receive coverage, part of an unprecedented change to the nation's largest health insurance program under the Trump administration. The Centers for Medicare and Medicaid Services announced...
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FILE - In this Friday, Dec. 8, 2017, file photo, a man uses a Bitcoin ATM in Hong Kong. On Thursday, Jan. 11, 2018, the value of numerous forms of digital currency tumbled after South Korea, a hotbed for currencies like bitcoin, said it was weighing a trading ban. (AP Photo/Kin Cheung, File)
January 11, 2018 - 1:41 pm
Digital currency prices wobbled Thursday after South Korea, a hotbed for currencies like bitcoin, said it will consider a trading ban. The country's justice minister said South Korea is planning a ban, but the presidential office said later that a ban is under review. No policy changes have been...
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