Fiscal policy

FILE - In this May 2, 2019, file photo Mark Carney the Governor of the Bank of England speaks during an Inflation Report Press Conference at the Bank of England in the City of London. The Bank of England is open to the idea of letting new payment services such as Facebook's upcoming Libra hold funds with the central bank, Carney said Thursday, June 20. (AP Photo/Matt Dunham, Pool, File)
June 26, 2019 - 9:47 am
LONDON (AP) — The governor of the Bank of England gave his biggest hint yet that he'd back a stimulus package for the British economy if the country crashes out of the European Union at the end of October with no deal. In testimony to lawmakers on Wednesday, Mark Carney said the response from the...
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In this June 21, 2019, photo, House Speaker Nancy Pelosi of Calif., speaks with reporters at the Capitol in Washington. Pelosi says President Donald Trump’s threat to begin deporting migrants if Congress doesn’t quickly pass immigration legislation is ‘outside the circle of civilized human behavior.’ (AP Photo/J. Scott Applewhite)
June 24, 2019 - 11:27 pm
WASHINGTON (AP) — The White House threatened Monday to veto a Democratic-written $4.5 billion House bill aimed at improving the treatment of migrant families detained after crossing the southern border into the U.S., saying the measure would hamstring Trump administration border security efforts...
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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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