Fiscal policy

FILE- In this July 17, 2018, file photo Federal Reserve Board Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs on "The Semiannual Monetary Policy Report to the Congress," at Capitol Hill in Washington. On Wednesday, Sept. 26, the Federal Reserve issues its latest policy statement and updates its interest-rate and economic projections before Powell holds a news conference. (AP Photo/Jose Luis Magana, FIle)
September 26, 2018 - 3:37 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 3:20 p.m. Federal Reserve Chairman Jerome Powell is downplaying the risk that higher mortgage rates were increasing costs for would-be homebuyers. Powell cites the affordability index from the National...
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September 26, 2018 - 3:20 am
WASHINGTON (AP) — The Federal Reserve is set Wednesday to raise interest rates for a third time this year and possibly modify the likely direction of rates in the months ahead. The big question is whether the strong U.S. economy, which has been fueled this year by tax cuts and increased government...
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Ralph Brinkhaus, deputy chairman of the joint faction of the Christian Democratic parties smiles before a faction meeting in Berlin Tuesday, Sept. 25, 2018. (Kay Nietfeld/dpa via AP)
September 25, 2018 - 11:40 am
BERLIN (AP) — A close ally of Chancellor Angela Merkel was ousted Tuesday as head of her conservative bloc's parliamentary group, a surprise defeat that dealt a blow to the longtime German leader's authority in her own ranks. Volker Kauder, who had led the parliamentary group of Merkel's Union bloc...
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From left, Sen. Patrick Leahy, D-Vt., questions Supreme Court nominee Brett Kavanaugh about his time in the White House, as Sen. Dick Durbin, D-Ill., center and Sen. Sheldon Whitehouse, D-R.I., right, listen during the second day of his confirmation hearing before the Senate Judiciary Committee, on Capitol Hill in Washington, Wednesday, Sept. 5, 2018. (AP Photo/J. Scott Applewhite)
September 18, 2018 - 2:34 pm
WASHINGTON (AP) — The Senate on Tuesday approved a wide-ranging, $854 billion bill that funds the military and a host of civilian agencies for the next year and provides a short-term fix to keep the government open through early December. The measure includes $675 billion for the Defense Department...
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FILE - This Wednesday, Aug. 1, 2018, file photo shows the Capitol in Washington. As a potentially catastrophic hurricane heads for the Carolinas, Congress is moving to avert a legislative disaster that could lead to a partial government shutdown just weeks before the November midterm elections. (AP Photo/J. Scott Applewhite, File)
September 13, 2018 - 12:36 pm
WASHINGTON (AP) — As a potentially catastrophic hurricane heads for the Carolinas, Congress is moving to avert a legislative disaster that could lead to a partial government shutdown just weeks before the November midterm elections. The House is set to vote Thursday on a $147 billion package to...
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FILE- In this Wednesday, June 20, 2018, file photo, Jason Joshua waits on customers at Zak the Baker in Miami. Americans who quit to take new jobs are enjoying pay raises that are one-third larger than raises for workers who stay put, a gap that has reached the widest point since the Great Recession. At the same time, retail and restaurant workers are receiving more generous raises than manufacturing workers are. (AP Photo/Lynne Sladky, File)
September 08, 2018 - 8:36 am
WASHINGTON (AP) — U.S. employers likely hired at a healthy pace in August, emboldened by brisk consumer spending and an economy that keeps growing steadily. Economists have forecast that employers added 189,000 jobs in August and that the unemployment rate dipped from an already-low 3.9 percent to...
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This July 25, 2018, photo shows a help wanted sign at a new Zaxby's restaurant in Madison, Miss. On Friday, Sept. 7, the Labor Department reports on job openings and labor turnover for August. (AP Photo/Rogelio V. Solis)
September 07, 2018 - 9:28 am
WASHINGTON (AP) — Hiring in the United States picked up in August as employers added a strong 201,000 jobs, a sign of confidence that consumers and businesses will keep spending despite the Trump administration's ongoing conflicts with its trading partners. The unemployment rate remained at 3.9...
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Speaker of the House Rep. Paul Ryan, R-Wis., laughs as he listens to President Donald Trump speak during a meeting with Republican lawmakers in the Roosevelt Room of the White House, Wednesday, Sept. 5, 2018, in Washington. (AP Photo/Evan Vucci)
September 05, 2018 - 6:43 pm
WASHINGTON (AP) — President Donald Trump on Wednesday held out the possibility of a government shutdown before the November elections over his effort to build a wall on the U.S.-Mexico border, even as Republican congressional leaders publicly urged him away from that path and predicted it wouldn't...
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Britain's Prime Minister Theresa May inspects the honour guard after arriving to meet with Kenya's President Uhuru Kenyatta at State House in Nairobi, Kenya Thursday, Aug. 30, 2018. The British prime minister is on a three-country Africa visit with a large business delegation as Britain seeks to boost economic ties ahead of a bumpy exit from the European Union in March. (AP Photo/Ben Curtis)
August 30, 2018 - 9:25 am
NAIROBI, Kenya (AP) — British Prime Minister Theresa May on Thursday became the first UK leader to visit Kenya in 30 years, bringing security and development funding to East Africa's commercial hub and neighboring Somalia as Britain seeks to boost economic ties ahead of a bumpy exit from the...
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In this June 19, 2018 photo, several ship to shore cranes stack shipping containers on-board the container ship Maersk Semarang while three Ever Green Line refrigerated containers wait to be loaded onto another ship at the Port of Savannah in Savannah, Ga. On Wednesday, Aug. 29, the Commerce Department issues the second of three estimates of how the U.S. economy performed in the April-June quarter. (AP Photo/Stephen B. Morton)
August 29, 2018 - 9:10 am
WASHINGTON (AP) — The U.S. economy grew at a strong 4.2 percent annual rate in the April-June quarter, the best showing in nearly four years, as growth stayed on track to produce its strongest gain in more than a decade. Strength in business investment offset slightly slower consumer spending. The...
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