Government finance

August 09, 2019 - 5:08 pm
WASHINGTON (AP) — Republican and Democrats in Congress teamed up Friday to oppose what appears to be a Trump administration plan to cut the foreign aid budget. The administration hasn't announced whether it plans to seek the cut. But the Office of Management and Budget instructed the State...
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Italian deputy Premier and Interior Minister Matteo Salvini talks to journalists after meeitng with Entrepreneurs and Labor Unions representatives at the Viminale, the Interior Ministry building, in Rome, Tuesday, Aug. 6, 2019. (Maurizio Brambatti/ANSA Via AP)
August 09, 2019 - 12:51 pm
ROME (AP) — Italy on Friday edged closer to holding an election as early as this fall that could move the country further to the right, with anti-migrant Deputy Premier Matteo Salvini already unofficially campaigning for the premiership and declaring it makes "no sense" to keep alive the feuding...
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FILE - In this May 7, 2019, file photo, former Malaysian Prime Minister Najib Razak, right, speaks to his friend during a tea break at Kuala Lumpur High Court in Kuala Lumpur, Malaysia. Malaysia filed criminal charges on Friday, Aug. 9, 2019 against 17 more current and former directors at three Goldman Sachs subsidiaries for their roles in the alleged multibillion-dollar ransacking of state investment fund 1MDB. Malaysian and U.S. prosecutors allege that bond sales organized by Goldman Sachs for 1MDB provided one of the means for associates of Najib to steal billions over several years from a fund that was ostensibly set up to accelerate Malaysia's economic development. (AP Photo/Vincent Thian, File)
August 09, 2019 - 5:38 am
KUALA LUMPUR, Malaysia (AP) — Malaysia filed criminal charges on Friday against 17 more current and former directors at three Goldman Sachs subsidiaries for their roles in the alleged multibillion-dollar ransacking of state investment fund 1MDB. Malaysian and U.S. prosecutors allege that bond sales...
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August 08, 2019 - 10:16 am
BERLIN (AP) — German prosecutors have indicted a 48-year-old former employee of Deutsche Bank as part of a probe into a massive tax evasion scam that's already seen 13 people sentenced to up to eight years imprisonment. Prosecutors in Frankfurt said Thursday that the suspect, an Austrian citizen,...
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Republican Lt. Gov. Tate Reeves, a gubernatorial candidate, left, is congratulated by a supporter at his election watch party in Flowood, Miss., Tuesday, Aug. 6, 2019. Reeves was in the lead of his party primary. (AP Photo/Rogelio V. Solis)
August 07, 2019 - 7:09 pm
JACKSON, Miss. (AP) — Mississippi second-term Lt. Gov. Tate Reeves fell short of the majority needed to win the Republican nomination for governor. Now facing a party primary runoff, Reeves says he will tell voters that he's the only conservative in the race. His rival in the Aug. 27 runoff is Bill...
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FILE - In this July 25, 2019, file photo, JUUL Labs co-founder and Chief Product Officer James Monsees testifies before a House Oversight and Government Reform subcommittee on Capitol Hill in Washington. Juul Labs gave nearly $100,000 to members of Congress during the first half of 2019 as the company faced the bulk of the blame for a surge of underage vaping and calls for tighter government regulation of the industry.(AP Photo/Susan Walsh, File)
August 02, 2019 - 4:56 pm
WASHINGTON (AP) — E-cigarette giant Juul Labs gave nearly $100,000 to members of Congress during the first half of 2019 as the company faced the bulk of the blame for a surge of underage vaping and calls for tighter government regulation of the industry. The donations from Juul's political action...
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Chinese Vice Premier Liu He, center, poses with U.S. Trade Representative Robert Lighthizer, right, and Treasury Secretary Steven Mnuchin, for photos before holding talks at the Xijiao Conference Center in Shanghai Wednesday, July 31, 2019. (AP Photo/Ng Han Guan, Pool)
August 02, 2019 - 3:40 pm
WASHINGTON (AP) — The latest batch of tariffs that President Donald Trump plans to impose on Chinese goods would likely cost U.S. households an average of $200 a year, some economists have estimated. That would come on top of the roughly $831 imposed per household from Trump's existing tariffs,...
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FILE - In this July 25, 2019, file photo, JUUL Labs co-founder and Chief Product Officer James Monsees testifies before a House Oversight and Government Reform subcommittee on Capitol Hill in Washington. Juul Labs gave nearly $100,000 to members of Congress during the first half of 2019 as the company faced the bulk of the blame for a surge of underage vaping and calls for tighter government regulation of the industry.(AP Photo/Susan Walsh, File)
August 01, 2019 - 7:01 pm
WASHINGTON (AP) — E-cigarette giant Juul Labs gave nearly $100,000 to members of Congress during the first half of 2019 as the company faced the bulk of the blame for a surge of underage vaping and calls for tighter government regulation of the industry. The donations from Juul's political action...
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Senate Minority Leader Chuck Schumer, D-N.Y., left, joins Speaker of the House Nancy Pelosi, D-Calif., as she signs the budget package just passed in the Senate to permit the government to resume borrowing to pay all of its obligations and would remove the prospect of a government shutdown in October, at the Capitol in Washington, Thursday, Aug. 1, 2019. (AP Photo/J. Scott Applewhite)
August 01, 2019 - 6:04 pm
WASHINGTON (AP) — The Latest on legislation dealing with the federal budget and the government's borrowing limit (all times local): 12:13 p.m. A bipartisan budget and debt deal has passed the Senate and is heading to the White House for President Donald Trump's signature. Thursday's vote addresses...
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FILE - In this July 22, 2019, file photo traders James Riley, left, and Mark Muller work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Aug. 1. (AP Photo/Richard Drew, File)
August 01, 2019 - 2:40 pm
Stocks dropped sharply Thursday and bond prices spiked after President Donald Trump announced the U.S. will slap a new 10% tariff on some $300 billion worth of goods from China beginning next month. The news erased a broad rally on Wall Street, sending the Dow Jones Industrial Average from a gain...
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