Fiscal policy

Senate Minority Leader Chuck Schumer, D-N.Y., talks to reporters at the Capitol in Washington, Tuesday, June 18, 2019. (AP Photo/J. Scott Applewhite)
June 19, 2019 - 8:37 pm
WASHINGTON (AP) — Trump administration bargainers offered a one-year budget freeze and said Democratic spending demands remained too high as talks with congressional leaders aimed at averting deep cuts in defense and domestic programs seemed no closer to resolution Wednesday. After White House...
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President Donald Trump awards the Presidential Medal of Freedom to economist Arthur Laffer, Wednesday June 19, 2019, in the Oval Office of the White House in Washington. (AP Photo/Jacquelyn Martin)
June 19, 2019 - 6:35 pm
WASHINGTON (AP) — President Donald Trump awarded the Presidential Medal of Freedom on Wednesday to economist Arthur Laffer, whose disputed theories on tax cuts have guided Republican policy since the 1980s. Laffer, 78, advised Trump during his presidential campaign and co-wrote a flattering book, "...
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Senate Majority Leader Mitch McConnell, R-Ky., joined by his GOP leadership team, answers questions on Iran and the withdrawal of acting Defense Secretary Patrick Shanahan, during a news conference at the Capitol in Washington, Tuesday, June 18, 2019. (AP Photo/J. Scott Applewhite)
June 18, 2019 - 7:17 pm
WASHINGTON (AP) — The top Republican and Democrat on a key Senate panel have agreed on a $4.6 billion measure to house and care for immigrant refugees flocking across the U.S.-Mexico border — a long-delayed step toward averting a humanitarian tragedy at overcrowded and inadequate federal facilities...
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FILE - In this Thursday, May 16, 2019 file photo, European Central Bank President Mario Draghi arrives for a meeting of Eurogroup Finance Ministers at the European Council headquarters in Brussels. The European Central Bank stands ready to cut interest rates and could re-start its bond purchase stimulus program if needed to help the economy, President Mario Draghi said Tuesday June 18, 2019, in a speech at an ECB conference in Sintra, Portugal. (AP Photo/Francisco Seco, File)
June 18, 2019 - 12:40 pm
FRANKFURT, Germany (AP) — The European Central Bank could unleash more stimulus if the economy doesn't pick up soon, its president warned Tuesday, sparking a sharp drop in the euro and drawing an angry tweet from U.S. President Donald Trump. Mario Draghi told a conference in Sintra, Portugal, that...
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FILE - In this Feb.26, 2013 photo, a job seeker enters a job center (Pole Emploi), in Nice, southeastern France. French President Emmanuel Macron's government has unveiled its plan to tighten the country's unemployment benefits. All major workers unions denounce the reform as unfair and damaging to the country's social system. (AP Photo/Lionel Cironneau, File)
June 18, 2019 - 12:11 pm
PARIS (AP) — French President Emmanuel Macron's government has unveiled plans to make it more difficult for the unemployed to claim benefits, as part of an overhaul of France's labor market that aims to boost the nation's economy. Labor Minister Muriel Penicaud said Tuesday that the changes were "...
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France's Prime Minister Edouard Philippe delivers a speech at the National Assembly, in Paris, Wednesday, June 12, 2019. France's prime minister vowed to keep reforming the country's economy through changes to the unemployment benefits, the pension system and tax cuts for middle-class workers. Edouard Philippe laid down Wednesday the government's upcoming priorities at the lower house of parliament, the National Assembly. (AP Photo/Thibault Camus)
June 12, 2019 - 12:28 pm
PARIS (AP) — France's prime minister said Wednesday that the government of President Emmanuel Macron plans to keep reforming the economy to boost its competitiveness, with changes to unemployment benefits and the pension system and plans to help out middle-class workers with tax cuts. Addressing...
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June 07, 2019 - 1:05 pm
WASHINGTON (AP) — The Latest on the May U.S. jobs report (all times local): 8:30 a.m. U.S. hiring slowed in May as employers added just 75,000 jobs, a sign that businesses may have become more cautious in the face of slowing global growth, trade fights and the fading stimulus from tax cuts and...
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FILE - In this March 21, 2014 file photo, roofers install a roof on a new construction home in Pepper Pike, Ohio. Spending on U.S. construction projects was unchanged in April as another decline in home construction was offset by a big gain in government spending on projects like highways and hospitals. The Commerce Department said Monday, June 3, 2019, that the flat reading followed a small increase of 0.1% in March, which was revised higher from an initial estimate that showed a sharp decline. Construction spending rose 1% in February. (AP Photo/Tony Dejak, File)
June 03, 2019 - 11:13 am
WASHINGTON (AP) — Spending on U.S. construction projects was unchanged in April as another decline in home construction was offset by a big gain in government spending on projects like highways and hospitals. The Commerce Department said Monday that the flat reading followed a small increase of 0.1...
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FILE - In this Friday, Oct. 4, 2013, file photo, economist Arthur Laffer, known as the "father of supply-side economics" and who was an economic adviser to President Ronald Reagan, speaks to an executive committee meeting of the California Republican Party at their convention in Anaheim, Calif. President Donald Trump is set to award the Presidential Medal of Freedom to Laffer. (AP Photo/Reed Saxon, File)
May 31, 2019 - 5:26 pm
WASHINGTON (AP) — President Donald Trump is set to award the Presidential Medal of Freedom to economist Arthur Laffer, who co-wrote a book about him. The White House made the announcement Friday. Laffer is known as the father of supply side economics, which gained popularity under President Ronald...
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People stand by an electronic stock board of a securities firm in Tokyo, Monday, May 20, 2019. Shares are mixed in Asia, with India and Australia leading gains following elections that look set to keep incumbents in office. (AP Photo/Koji Sasahara)
May 20, 2019 - 6:57 am
BANGKOK (AP) — Shares declined in Europe on Monday after a mixed day in Asia in the absence of positive updates on the trade standoff between the U.S. and China. Britain's FTSE 100 lost 0.7% at 7,297.67 while Germany's DAX declined 1.2% to 12,091.38. The CAC 40 in France shed 1.2% to 5,374.14. Wall...
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