Government finance

FILE - This Feb. 1, 2018 file photo shows an IRS W-4 form in New York. On Friday, May 31, 2019, the IRS is expected to release a proposed update to the form. Experts say that while it will be much more accurate, it will also be much more difficult. (AP Photo/Barbara Woike, File)
May 31, 2019 - 1:16 pm
The IRS has proposed an update to the Form W-4 that it says will increase its accuracy and reduce its complexity. But experts caution that it will feel different to employees and may prove a bit more difficult for some. Employees currently fill out a one-page form that asks a few questions about...
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May 30, 2019 - 4:18 pm
BOSTON (AP) — Massachusetts has sued a national retailer of electronic cigarette and vaping products, alleging the company violated state law by targeting minors for sales of its merchandise, Attorney General Maura Healey announced Thursday. The complaint filed in Suffolk Superior Court alleges...
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May 30, 2019 - 1:57 pm
LOS ANGELES (AP) — Netflix blinked first and now other major Hollywood studios say they may reevaluate filming in Georgia if the state's abortion law goes into effect. The state is known for its lucrative tax incentives for filming. WarnerMedia on Thursday says in a statement that the company will...
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FILE- In this Aug. 24, 2015, file photo specialist Frank Masiello is reflected in his screen on the floor of the New York Stock Exchange. The bond market is getting another whiff of a recession Bonds are supposed to be the boring corner of the finance world, but even high-flying stock investors stop and pay attention when they fall into a particular, concerning pattern. It’s called an “inverted yield curve,” and it happens when investors are willing to accept lower yields for long-term U.S. government bonds than for short-term debt. It’s been a relatively reliable predictor for recessions, and it’s happening again.(AP Photo/Richard Drew, FIle)
May 30, 2019 - 11:02 am
NEW YORK (AP) — The scent of a possible recession is wafting through the bond market again. Bonds are supposed to be the boring corner of the finance world, but even high-flying stock investors stop and pay attention when they fall into a particular, concerning pattern. It's called an "inverted...
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A man sits with a bowl asking for money in the central business district of Christchurch, New Zealand, Thursday, May 30, 2019. The liberal-led government on Thursday unveiled the country's first so-called well-being budget, which aims to measure social outcomes like health and the environment alongside traditional metrics such as economic growth. (AP Photo/Mark Baker)
May 30, 2019 - 12:35 am
WELLINGTON, New Zealand (AP) — New Zealand's government announced Thursday it will spend billions of dollars more on mental health services and combatting child poverty as part of a new approach to its finances. The liberal-led government unveiled the country's first so-called well-being budget. It...
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Trader Jonathan Corpina works on the floor of the New York Stock Exchange, Wednesday, May 29, 2019. Stocks are getting off to a weak start on Wall Street led by drops in technology and health care companies. (AP Photo/Richard Drew)
May 29, 2019 - 2:22 pm
U.S. stocks sped toward their first monthly loss of 2019 Wednesday as investors shift money into the safety of bonds while fleeing high-risk holdings in the health care and communications sectors. Every major index and sector fell in afternoon trading on Wall Street, putting the broader market on...
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European flags blow in front of the European Central Bank as the sun rises in Frankfurt, Germany, Sunday, May 26, 2019. (AP Photo/Michael Probst)
May 29, 2019 - 12:14 pm
FRANKFURT, Germany (AP) — The European Central Bank says that challenges to financial stability in the eurozone have risen amid global trade tensions, and warns that indebted countries such as Italy could run into trouble if they don't heed rules limiting deficits. The message in an ECB report...
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The Fiat Chrysler Automobiles logo appears above a post on the floor of the New York Stock Exchange, Tuesday, May 28, 2019. Fiat Chrysler is proposing a merger with French carmaker Renault aimed at saving billions of dollars for both companies. (AP Photo/Richard Drew)
May 28, 2019 - 3:36 pm
Stocks turned broadly lower on Wall Street in afternoon trading Tuesday as investors shifted money into bonds, sending yields to their lowest level in nearly two years. Surging demand for government bonds dragged the yield on the 10 year Treasury to 2.26%, its lowest level since September 2017...
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FILE - In a Monday, May 21, 2018 file photo, Santa Fe High School freshman, Jai Gillard writes messages on each of the 10 crosses representing victims in front the school in Santa Fe, Texas. Texas, which for years has buckled to pressure from the National Rifle Association, has quietly gone around the organization by slipping a $1 million public safety campaign on gun storage into a massive spending bill now headed to Republican Gov. Greg Abbott’s desk.(Steve Gonzales/Houston Chronicle via AP, File)
May 27, 2019 - 5:10 pm
AUSTIN, Texas (AP) — Lawmakers in gun-loving Texas have quietly gone around the National Rifle Association by slipping language into a massive spending bill that would fund a $1 million public safety campaign on gun storage. The last-minute move late Sunday sets up a political test rarely seen in...
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Gov. Gavin Newsom speaks at the California Chamber of Commerce's 94th Annual Sacramento Host Breakfast, Thursday, May 23, 2019, in Sacramento, Calif. Newsom said housing and inequality are two of the biggest issues facing state government and California businesses. (AP Photo/Rich Pedroncelli)
May 24, 2019 - 7:16 pm
SACRAMENTO, Calif. (AP) — California lawmakers are headed toward a confrontation with Gov. Gavin Newsom over whether to keep a tax that can generate nearly $2 billion for low-income health benefits but means approval from the Trump administration amid a feud between state and federal officials...
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