Financial markets

A woman walks past an electronic stock board showing the Hang Seng Index at a bank in Hong Kong, Friday, Dec. 15, 2017. Asian stock markets were mostly lower Friday as uncertainty over a sweeping U.S. tax revamp outweighed an optimistic Japanese economic survey. (AP Photo/Kin Cheung)
December 14, 2017 - 9:53 pm
HONG KONG (AP) — Asian stock markets were mostly lower Friday as uncertainty about the progress of a sweeping U.S. tax revamp outweighed an optimistic Japanese economic survey. KEEPING SCORE: Japan's benchmark Nikkei 225 index fell 0.9 percent to 22,498.85 while South Korea's Kospi climbed 0.4...
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FILE - This undated photo provided by the Weber County Sheriff's Office shows Aaron Shamo, 27, who was arrested at his home in Cottonwood Heights, Utah. Shamo, a Utah man charged with running a multimillion-dollar opioid drug ring out of a suburban Salt Lake City basement pleaded not guilty Thursday, June 29, 2017. Federal attorneys prosecuting a multimillion-dollar opioid drug-ring in Utah are moving quickly to sell seized bitcoin that's exploded in value to some $8.5 million since the alleged ringleader's arrest. The U.S. Attorney's Office for Utah cites the digital currency's volatility in court documents pressing for the sale. The bitcoin cache was worth less than $500,000 when 27-year-old Aaron Shamo was arrested a year ago.For federal prosecutors in Utah, sales of seized assets like cars are routine, but bitcoin is new territory, spokeswoman Melodie Rydalch said Thursday, Dec. 14, 2017. . (Weber Sounty Sheriff's Office via AP, File)
December 14, 2017 - 8:01 pm
SALT LAKE CITY (AP) — U.S. attorneys in Utah prosecuting a multimillion-dollar opioid drug-ring are moving quickly to sell seized bitcoin that's exploded in value to about $8.5 million since the alleged ringleader's arrest a year ago. The U.S. Attorney's Office for Utah cites the digital currency's...
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December 14, 2017 - 4:29 pm
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday: Walt Disney Co., up $2.96 to $110.57 The entertainment company agreed to buy most of 21st Century Fox for $52.4 billion in stock. Tiffany & Co., up $3.24 to $99.34 The luxury retailer extended a licensing agreement with...
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Federal Reserve Chair Janet Yellen speaks during a news conference following the Federal Open Market Committee meeting in Washington, Wednesday, Dec. 13, 2017. The Federal Reserve is raising its key interest rate for the third time this year and foresees three additional hikes in 2018, a vote of confidence that the U.S. economy remains on solid footing 8½ years after the end of the Great Recession. (AP Photo/Carolyn Kaster)
December 13, 2017 - 11:14 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 11:15 a.m. The People's Bank of China says it is responding to market forces by raising the rate charged by its one-year lending facility by 0.05 percentage points to 3.25 percent. Rates paid on bank...
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FILE - In this April 3, 2013 file photo, Mike Caldwell, a 35-year-old software engineer, holds a 25 Bitcoin token at his shop in Sandy, Utah. As Venezuela’s national currency loses value at a catastrophic rate, thousands have begun turning to the world of cryptocurrency to salvage what little value remains from their increasingly worthless bolivars. (AP Photo/Rick Bowmer, File)
December 13, 2017 - 12:29 pm
CARACAS, Venezuela (AP) — In the last month, John Villar has bought two plane tickets to Colombia, purchased his wife's medication and paid the employees of his startup business in Venezuela — all in bitcoin. As Venezuela's national currency loses value at a catastrophic rate, thousands have begun...
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Russian cybercrime suspect Alexander Vinnik, arrives at Greece's supreme court in Athens, on Wednesday, Dec. 13, 2017. Greece's Supreme Court holds an extradition hearing for Russian cybercrime suspect Alexander Vinnik, wanted in the United States on charges of laundering billions of dollars' worth of bitcoin. Vinnik is the subject of a judicial tug-of-war between the U.S. and Russia, which is also seeking his extradition on lesser charges.(AP Photo/Petros Giannakouris)
December 13, 2017 - 9:48 am
ATHENS, Greece (AP) — Greece's Supreme Court has ruled in favor of extraditing a Russian cybercrime suspect to the United States to stand trial for allegedly laundering billions of dollars using the virtual currency bitcoin. Alexander Vinnik made his final appearance at an Athens court Wednesday...
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FILE - In this Wednesday, Sept. 20, 2017, file photo, Federal Reserve Chair Janet Yellen speaks at a news conference following the Federal Open Market Committee meeting in Washington. On the day when Yellen will hold her final news conference as Federal Reserve chair, the Fed has left little doubt what it plans to do Wednesday, Dec. 13, 2017: Raise its benchmark interest rate for the third time this year. (AP Photo/Pablo Martinez Monsivais, File)
December 13, 2017 - 3:19 am
WASHINGTON (AP) — On the day when Janet Yellen will hold her final news conference as Federal Reserve chair, the Fed has left little doubt what it plans to do Wednesday: Raise its benchmark interest rate for the third time this year. The increase would be in line with the series of incremental rate...
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December 12, 2017 - 4:12 pm
The latest on developments in financial markets (All times local): 4 p.m. Big-company stocks notched gains on Wall Street, bringing more records for major indexes, but smaller companies lagged behind. The Standard & Poor's 500 index and the Dow Jones industrial average closed at all-time highs...
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December 12, 2017 - 5:06 am
RALEIGH, N.C. (AP) — A North Carolina General Assembly member will lead next year a national organization dedicated to creating conservative-leaning model legislation for state lawmakers to consider. GOP Rep. Jason Saine of Lincoln County will be chairman of the American Legislative Exchange...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index and other country's market prices at a securities firm in Tokyo Tuesday, Dec. 12, 2017. Shares were mostly lower in Asia on Tuesday as investors stepped back after several days of advances, erasing early gains. Markets are awaiting the Federal Reserve meeting on Wednesday and the outcome of a major Chinese planning conference. (AP Photo/Eugene Hoshiko)
December 12, 2017 - 4:14 am
TOKYO (AP) — Shares were mostly lower in Europe and Asia on Tuesday as investors retreated ahead of the Federal Reserve's decision on interest rates. KEEPING SCORE: Germany's DAX fell 0.2 percent to 13,099.40 and the CAC 40 of France lost 0.5 percent to 5,362.83. Britain's FTSE 100 was flat at 7,...
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