Government finance

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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Senate Majority Leader Mitch McConnell, R-Ky., smiles after vote on a hard-won budget deal that would 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 - 2:38 pm
WASHINGTON (AP) — A hard-won budget and debt deal easily cleared the Senate on Thursday, powered by President Donald Trump's endorsement and a bipartisan drive to cement recent spending increases for the Pentagon and domestic agencies. The legislation passed by a 67-28 vote as Trump and his GOP...
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August 01, 2019 - 11:43 am
WARSAW, Poland (AP) — Poland on Thursday scrapped its personal income tax for young employees earning less than $22,000 a year, as part of a drive to reverse a brain drain and demographic decline that's dimming the prospects of a country that is otherwise experiencing strong economic growth. A new...
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From left, Sen. Cory Booker, D-N.J., former Vice President Joe Biden, Sen. Kamala Harris, D-Calif., and Andrew Yang participate in the second of two Democratic presidential primary debates hosted by CNN Wednesday, July 31, 2019, in the Fox Theatre in Detroit. (AP Photo/Paul Sancya)
August 01, 2019 - 10:20 am
DETROIT (AP) — The Latest on Wednesday's Democratic presidential debate (all times local): 10:45 p.m. Democratic presidential candidates are closing their second primary debate by focusing on President Donald Trump. After taking on each other for more than two hours, all 10 candidates have...
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FILE - In this June 28, 2019 file photo Alaska Gov. Mike Dunleavy speaks to reporters about his budget vetoes at the state Capitol in Juneau, Alaska. A group that includes a coal company chairman and a framer of Alaska's constitution is launching an effort to recall Dunleavy. The National Conference of State Legislatures says, across the country, there have been many attempts over the years to recall governors but very few have gone far enough to trigger recall elections. (AP Photo/Becky Bohrer, File)
July 31, 2019 - 9:44 pm
JUNEAU, Alaska (AP) — A group that includes a coal company chairman and a framer of Alaska's constitution is launching an effort aimed at recalling Republican Gov. Mike Dunleavy, weeks after his far-reaching budget vetoes prompted public outrage. In late June, Dunleavy announced vetoes of more than...
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Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. (AP Photo/Manuel Balce Ceneta)
July 31, 2019 - 5:58 pm
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter the impact of President Donald Trump's trade wars, stubbornly low inflation and global weakness. It left open the possibility of future rate cuts, but perhaps not as many as...
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Montana Gov. Steve Bullock talks to reporters after the first of two Democratic presidential primary debates hosted by CNN Tuesday, July 30, 2019, in the Fox Theatre in Detroit. (AP Photo/Carlos Osorio)
July 31, 2019 - 4:14 pm
HELENA, Mont. (AP) — A judge has ruled that the Trump administration must resume collecting donor information from nonprofit groups and give states and the public the chance to weigh in if it tries to halt the practice again. U.S. District Judge Brian Morris said in Tuesday's decision that the IRS...
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Senate Majority Leader Mitch McConnell of Ky., arrives to speak with reporters following the weekly policy lunches on Capitol Hill in Washington, Tuesday, July 23, 2019. (AP Photo/Susan Walsh)
July 31, 2019 - 9:02 am
WASHINGTON (AP) — A hard-won, warts-and-all budget pact between House Speaker Nancy Pelosi and President Donald Trump is facing a key vote in the GOP-held Senate, with many conservatives torn between supporting the president and risking their political brand with an unpopular vote to add $2...
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