Fiscal policy

FILE- In this Oct. 26, 2018, file photo the rising sun silhouettes the U.S. Capitol dome at daybreak in Washington. The Treasury Department issues a report Tuesday, Nov. 13, on how much money Uncle Sam took in and paid out last month. (AP Photo/Alex Brandon, File)
November 13, 2018 - 3:04 pm
WASHINGTON (AP) — The federal government recorded a deficit of $100.5 billion in October, a big increase from a year ago that was primarily caused by quirks in the calendar. The Treasury Department said Tuesday that the deficit shot up 59 percent from the same month a year ago. Last year's October...
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People, some wearing masks for protection against the pollution, walk across a traffic intersection at the Central Business District in Beijing, Tuesday, Nov. 13, 2018. Chinese Premier Li Keqiang says the country needs reforms to support business to help drive growth as it weathers a trade war with the U.S., rather than more economic stimulus. Li said Tuesday in Singapore that China can energize its slowing economy by adjusting policies, such as streamlining bureaucratic procedures like business registrations, taxes and fees. (AP Photo/Andy Wong)
November 13, 2018 - 4:57 am
SINGAPORE (AP) — China's premier sought Tuesday to reassure its neighbors that Beijing will push ahead with reforms needed to support growth across the region and also keep the peace in contested waters in the South China Sea. Premier Li Keqiang said his government will favor reforms in the world's...
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FILE - In this Dec. 21, 2016, file photo, The Trump International Hotel at 1100 Pennsylvania Avenue NW, is photographed in Washington. House Democrats are prepared to use their majority and subpoena power to go after all manner of financial records that could back up their claims that Donald Trump is using his presidency to enrich himself. Democrats hope there is a new day on such issues as foreign government spending at Trump properties, Trump’s foreign licensing deals and Trump ties to lobbyists. (AP Photo/Alex Brandon, File)
November 08, 2018 - 7:22 am
WASHINGTON (AP) — Beyond trying to get their hands on the Holy Grail of President Donald Trump's business dealings — his tax returns — House Democrats are prepared to use their new majority and subpoena power to go after financial records that could back up their claims that he's using his...
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A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, Nov. 1, 2018. Stocks climbed for the second day in a row Wednesday at the end of a brutal month for the global market. Investors applauded strong quarterly results from companies including Facebook and General Motors, but U.S. stocks still finished with their worst monthly loss in seven years. (AP Photo/Eugene Hoshiko)
October 31, 2018 - 11:22 pm
SINGAPORE (AP) — Asian markets were mostly higher Thursday on hopes for Chinese government help for the economy as manufacturing slows. KEEPING SCORE: Hong Kong's Hang Seng gained 1.6 percent to 25,386.77 and the Shanghai Composite index added 1 percent to 2,628.34. The Kospi in South Korea was 0.7...
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In this Tuesday, Oct. 30, 2018, photo, delivery workers sort boxes of goods for their customers outside the capital city development academy in Beijing. An official measure of China's manufacturing activity fell to a two-year low in October, adding to pressure on Beijing to shore up economic growth amid a tariff war with Washington. The monthly purchasing managers' index issued Tuesday by the National Bureau of Statistics and an industry group, the China of Logistics and Purchasing, fell to 50.2 from September's 50.8 on a 100-point scale. (AP Photo/Andy Wong)
October 31, 2018 - 1:29 am
BEIJING (AP) — China's manufacturing activity fell to a two-year low in October as domestic demand weakened, an official measure showed Wednesday, adding to pressure on Beijing to shore up economic growth amid a tariff war with Washington. The purchasing managers' index of the National Bureau of...
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Russian President Vladimir Putin, left, shakes hands with Italian Prime Minister Giuseppe Conte during their meeting in the Kremlin in Moscow, Russia, Wednesday, Oct. 24, 2018. Italian Prime Minister Giuseppe Conte is holding talks with Russian officials on his first trip to Moscow. (Sergei Chirikov/Pool Photo via AP)
October 24, 2018 - 2:08 pm
MOSCOW (AP) — Russian President Vladimir Putin and Italian Prime Minister Giuseppe Conte pledged Wednesday to boost economic ties between their countries despite European Union sanctions against Russia. They also agreed to pool efforts to help settle the political crisis in Libya. Making his first...
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FILE- In this Sept. 26, 2018, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington. On Wednesday, Oct. 17, the Federal Reserve releases minutes from its September meeting when it lifted rates for the third time this year. (AP Photo/Susan Walsh, File)
October 17, 2018 - 3:42 pm
WASHINGTON (AP) — Federal Reserve officials last month debated how high they should raise interest rates to achieve their economic goals, with some arguing that they might need to lift rates to a level that would modestly restrain growth. In the end, the Fed modestly raised its key short-term rate...
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October 15, 2018 - 2:10 pm
WASHINGTON (AP) — The federal budget deficit has surged to $779 billion in fiscal 2018, its highest level in six years as President Donald Trump's tax cuts caused the government to borrow more heavily in order to cover its spending. The Treasury Department said Monday that the deficit climbed $113...
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FILE- In this Sept. 27, 2018, file photo a bilingual help wanted sign for Auto Zone, a retailer of aftermarket automotive parts and accessories, is posted outside the store in Canton, Miss. Another healthy picture of hiring is expected when the U.S. government issues its September jobs report Friday, Oct. 5. (AP Photo/Rogelio V. Solis, File)
October 05, 2018 - 8:59 pm
WASHINGTON (AP) — The U.S. unemployment rate fell in September to 3.7 percent, the lowest since 1969, when young men were being drafted to fight in Vietnam and the American auto industry and the space program were going full blast. The Labor Department reported Friday that the rate edged down from...
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FILE- In this June, 19, 2018, file photo, an Ever Green Line refrigerated container is delivered to a ship to shore crane working the container ship Ever Linking at the Port of Savannah in Savannah, Ga. On Thursday, Sept. 27, the Commerce Department issues the final estimate of how the U.S. economy performed in the April-June quarter. (AP Photo/Stephen B. Morton, File)
September 27, 2018 - 8:58 am
WASHINGTON (AP) — The U.S. economy grew at a robust annual rate of 4.2 percent in the second quarter, the best performance in nearly four years, though economists believe growth has slowed in the current quarter partly because of a drag from trade. The performance of the gross domestic product, the...
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