Fiscal policy

President of European Central Bank Mario Draghi speaks during a news conference after a meeting of the ECB governing council in Frankfurt, Germany, Thursday, July 26, 2018. (AP Photo/Michael Probst)
July 26, 2018 - 9:41 am
FRANKFURT, Germany (AP) — The European Central Bank is stressing that interest rates will stay low well into next year even as the U.S. Federal Reserve is expected to keep raising rates in coming months. The central bank for the 19 countries that use the euro left its key rates and monetary...
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President Donald Trump holds up an Executive Order he signed that establishes a National Council for the American Worker, during a ceremony in the East Room of the White House in Washington, Thursday, July 19, 2018. (AP Photo/Pablo Martinez Monsivais)
July 19, 2018 - 3:40 pm
WASHINGTON (AP) — The Latest on President Donald Trump's job training initiative (all times local): 3:40 p.m. President Donald Trump says nearly two dozen companies and trade organizations are signing his pledge to provide job training and apprenticeship programs as a way to boost the U.S. economy...
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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 Tuesday, July 17, 2018. (AP Photo/Jose Luis Magana)
July 17, 2018 - 4:22 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell told lawmakers Tuesday that strong economic growth will keep the central bank on a path to gradually raise interest rates. But he noted that President Donald Trump's get-tough trade policies run the risk of dampening future growth if they...
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FILE - In this June 15, 2018, file photo, the Capitol is seen in Washington. On Thursday, July 12, the Treasury Department releases federal budget data for June. (AP Photo/J. Scott Applewhite, File)
July 12, 2018 - 2:59 pm
WASHINGTON (AP) — The federal government recorded a $74.9 billion deficit in June, a month when the government often runs a surplus, as corporate taxes dropped sharply compared to a year ago. The Treasury Department reported Thursday that the June deficit pushed the imbalance so far this year to $...
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June 28, 2018 - 1:04 pm
WASHINGTON (AP) — U.S. economic growth in the first quarter was revised down to a lackluster 2 percent — a sharp deceleration and the poorest showing in a year. But economists expect a significant rebound in the current quarter, forecasting a sizzling growth rate of 4 percent or more. The Commerce...
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FILE - In this June 15, 2018, file photo, the Capitol is seen in Washington. The Senate is taking up a $145 billion spending bill to fund the Energy Department and veterans' programs for the next budget year. (AP Photo/J. Scott Applewhite, File)
June 25, 2018 - 5:44 pm
WASHINGTON (AP) — The Senate is taking up a $145 billion spending bill to fund the Energy Department and veterans' programs for the next budget year. Approval of the bill on Monday would send it back to the House, which approved a similar bill this month. Lawmakers hope to send a unified bill to...
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Russian President Vladimir Putin, right, and South Korean President Moon Jae-in shake hands during a meeting at the Kremlin in Moscow, Russia, Friday, June 22, 2018. South Korean President is in Moscow on a state visit intended to boost bilateral economic ties. (Sergei Karpukhin/Pool Photo via AP)
June 22, 2018 - 10:19 am
MOSCOW (AP) — South Korean President Moon Jae-in visited Moscow Friday on a trip intended to boost bilateral economic ties. Following Moon's talks with Russian President Vladimir Putin in the Kremlin, officials from the two countries signed agreements on cooperation in various economic projects,...
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FILE - In this Thursday, Jan. 1, 2015 file photo, euro coins and banknotes are shown by a salesclerk at a shop in Vilnius, Lithuania. Italy's economy minister says the new populist government isn't discussing any proposal to leave the eurozone. Minister Giovanni Tria, in an interview Sunday, June 10, 2018 in Corriere della Sera newspaper, said "not only do we not want to exit" the 19-member shared currency union, but the coalition is determined to act so conditions don't occur to "put our presence in the euro(zone) up for discussion." (AP Photo/Mindaugas Kulbis, File)
June 14, 2018 - 9:59 am
RIGA, Latvia (AP) — The Latest on the European Central Bank's monetary policy meeting (all times local): 4:30 p.m. In response to a question about populist politicians' claim that the euro is not good for some countries, the head of the European Central Bank says the shared currency is irreversible...
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FILE - In this Thursday, Jan. 1, 2015 file photo, euro coins and banknotes are shown by a salesclerk at a shop in Vilnius, Lithuania. Italy's economy minister says the new populist government isn't discussing any proposal to leave the eurozone. Minister Giovanni Tria, in an interview Sunday, June 10, 2018 in Corriere della Sera newspaper, said "not only do we not want to exit" the 19-member shared currency union, but the coalition is determined to act so conditions don't occur to "put our presence in the euro(zone) up for discussion." (AP Photo/Mindaugas Kulbis, File)
June 10, 2018 - 1:35 pm
ROME (AP) — Italy's new populist government isn't considering leaving the eurozone, the country's economy minister insisted, dismissing financial markets' rocky reaction to the euroskeptic coalition now in power as "normal questions that accompany political transition." Economy Minister Giovanni...
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FILE - In this Jan. 11, 2013 file photo, the Social Security Administration's main campus is seen in Woodlawn, Md. Medicare’s financial problems have gotten worse, and Social Security’s can’t be ignored forever. The government’s annual assessment is a sobering checkup on programs vital to the middle class. The report from program trustees says Medicare will become insolvent in 2026, three years earlier than previously forecast. The report says Social Security will become insolvent in 2034, no change from the projection last year.(AP Photo/Patrick Semansky, File)
June 05, 2018 - 5:27 pm
WASHINGTON (AP) — Medicare will run out of money sooner than expected, and Social Security's financial problems can't be ignored either, the government said Tuesday in a sobering checkup on programs vital to the middle class. The report from program trustees says Medicare will become insolvent in...
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