Fiscal policy

A man stretches as he walks over a bridge in Frankfurt, Germany, Wednesday, Aug. 14, 2019. In the background is the building of the European Central Bank. (AP Photo/Michael Probst)
August 19, 2019 - 12:07 pm
LONDON (AP) — Inflation across the 19-country eurozone was revised down for July, official figures showed Monday, bolstering expectations that the European Central Bank will provide another shot of stimulus to the single currency bloc next month. Eurostat said consumer prices across the eurozone...
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FILE - In this Thursday, May 16, 2019 photo cars for export and import are stored in front of containers at the harbor in Bremerhaven, Germany. The German economy shrank by 0.1 percent in the second quarter as global trade conflicts and troubles in the auto industry weighed on Europe's largest economy. (AP Photo/Martin Meissner, file)
August 14, 2019 - 10:29 am
FRANKFURT, Germany (AP) — Germany's economy shrank by 0.1 percent in the second quarter as global trade conflicts and troubles in the auto industry held back the largest member of the 19-country euro currency union. The weak performance darkened prospects for the entire eurozone, where the European...
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A party ship cruises on the river Main during the Mainfest event in Frankfurt, Germany, late Friday, Aug. 2, 2019. (AP Photo/Michael Probst)
August 05, 2019 - 5:46 am
LONDON (AP) — A sharp downturn in Germany's manufacturing sector is weighing heavily on the 19-country eurozone economy, which is close to seeing a drop in overall activity, a survey showed Monday. In its monthly overview of the manufacturing and services sectors, financial data firm IHS Markit...
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FILE - In this July 29, 2019, file photo a construction worker carries bars while helping build a scaffolding on the side of a hotel in the Mount Vernon section of Baltimore. On Thursday, Aug. 1, the Commerce Department reports on U.S. construction spending in June. (AP Photo/Julio Cortez, File)
August 01, 2019 - 10:13 am
WASHINGTON (AP) — Spending on U.S. construction projects fell in June by the largest amount in seven months, reflecting weakness in home building, nonresidential construction and the largest drop in government projects in 17 years. The Commerce Department said Thursday that spending fell 1.3% in...
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Hungarian Prime Minister Viktor Orban arrives on the stage to speak at the 30th Balvanyos Summer University and Students' Camp in Baile Tusnad, Transylvania, Romania, Saturday, July 27, 2019. (Szilard Koszticsak/MTI via AP)
July 27, 2019 - 9:09 am
BUDAPEST, Hungary (AP) — Hungary's prime minister said Saturday that the European Union has made "grave mistakes" in the past five years regarding immigration and the economy. The European Commission needs to allow a council of EU interior ministers to decide migration issues, comparing their role...
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July 26, 2019 - 9:41 am
WASHINGTON (AP) — The government says the U.S. economy grew more slowly in 2018 than it previously estimated, downgrading its estimate from 3% to 2.5%. President Donald Trump had frequently boasted of the 3% growth figure as evidence that his policies invigorated the economy. The Commerce...
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President of European Central Bank Mario Draghi comes to a press conference following a meeting of the governing council in Frankfurt, Germany, Thursday, July 25, 2019. (AP Photo/Michael Probst)
July 25, 2019 - 10:32 am
FRANKFURT, Germany (AP) — The European Central Bank joined the U.S Federal Reserve in making clear that more stimulus could be coming soon to support an economy weakening in the face of global trade tensions. The ECB left its key interest benchmarks unchanged at a policy meeting Thursday but said...
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In this Tuesday, Dec. 11, 2018 photo the European Central Bank (ECB) sits next to the river Main in Frankfurt, Germany. The European Central Bank could take action including a possible rate cut at its policy meeting on Thursday, as central banks around the globe get ready to rev up stimulus in order to support the long-running recovery from the Great Recession. (AP Photo/Michael Probst)
July 22, 2019 - 11:05 am
FRANKFURT, Germany (AP) — The European Central Bank could take action including a possible rate cut at its policy meeting on Thursday, as central banks around the globe rev up stimulus to support the world economy through a period of heightened uncertainty from trade wars and Brexit. The ECB, which...
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FILE - In this July 9, 2019 file photo, Virginia Gov. Ralph Northam, right, listens to speakers along with Richmond Mayor Levar Stoney, left, during a rally at the State Capitol in Richmond, Va. Northam is struggling to raise big money in a key election year after a blackface scandal nearly ended his political career. New campaign finance reports filed Monday, July 15 show the Democratic governor raised slightly more than $300,000 between April and June. That’s far below the seven-figure hauls his predecessors, former Govs. Terry McAuliffe and Bob McDonnell, raised during similar periods when they were in office. (AP Photo/Steve Helber, File)
July 16, 2019 - 4:23 pm
RICHMOND, Va. (AP) — Virginia Gov. Ralph Northam is struggling to raise big money in a key election year after a blackface scandal nearly ended his political career. But he's also managed to remain a major source of campaign cash for Democrats, including those who have previously called on him to...
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Treasury Secretary Steve Mnuchin speaks during a news briefing at the White House, in Washington, Monday, July 15, 2019. (AP Photo/Carolyn Kaster)
July 15, 2019 - 9:04 pm
WASHINGTON (AP) — It's House Speaker Nancy Pelosi and top Senate Republican Mitch McConnell vs. hardliners in the White House as lawmakers pursue a deal on federal spending and the debt. And the hardliners, wary of further increases to federal spending, appear to be losing. Talks between Pelosi and...
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