Fiscal policy

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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FILE - In this Friday, Oct. 4, 2013, file photo, economist Arthur Laffer, known as the "father of supply-side economics" and who was an economic adviser to President Ronald Reagan, speaks to an executive committee meeting of the California Republican Party at their convention in Anaheim, Calif. President Donald Trump is set to award the Presidential Medal of Freedom to Laffer. (AP Photo/Reed Saxon, File)
May 31, 2019 - 5:26 pm
WASHINGTON (AP) — President Donald Trump is set to award the Presidential Medal of Freedom to economist Arthur Laffer, who co-wrote a book about him. The White House made the announcement Friday. Laffer is known as the father of supply side economics, which gained popularity under President Ronald...
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People stand by an electronic stock board of a securities firm in Tokyo, Monday, May 20, 2019. Shares are mixed in Asia, with India and Australia leading gains following elections that look set to keep incumbents in office. (AP Photo/Koji Sasahara)
May 20, 2019 - 6:57 am
BANGKOK (AP) — Shares declined in Europe on Monday after a mixed day in Asia in the absence of positive updates on the trade standoff between the U.S. and China. Britain's FTSE 100 lost 0.7% at 7,297.67 while Germany's DAX declined 1.2% to 12,091.38. The CAC 40 in France shed 1.2% to 5,374.14. Wall...
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Democratic Presidential candidate Washington Gov. Jay Inslee speaks during an event at the Blue Plains Advanced Wastewater Treatment Plant in Washington, Thursday, May 16, 2019, during an event where he unveiled part of his plan to defeat climate change. (AP Photo/Susan Walsh)
May 16, 2019 - 6:08 pm
Democratic presidential candidate Jay Inslee is pitching a $9 trillion-plus climate action plan that he touts as an economic renaissance and scientific necessity, putting the Washington governor at the forefront of White House hopefuls pushing for sweeping action to combat the causes and effects of...
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A currency trader watches the computer monitors near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Wednesday, May 15, 2019. Asian stocks followed Wall Street higher on Wednesday after President Donald Trump downplayed his escalating tariff war with Beijing and said a settlement is possible.(AP Photo/Lee Jin-man)
May 15, 2019 - 7:55 am
BEIJING (AP) — Stock markets mostly turned lower in European trading Wednesday over the trade dispute between the U.S. and China, even though President Donald Trump said a settlement was still possible. London's FTSE 100 slipped 0.1% to 7,235 while France's CAC 40 shed 0.4% to 5,321. Despite a...
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Customers shop at a toy store in Beijing, Wednesday, May 15, 2019. For many Americans, President Donald Trump's trade war may soon get very real. His administration is preparing to extend 25% tariffs to practically all Chinese imports not already hit with duties, including toys, sneakers, shirts, alarm clocks, toasters and coffeemakers. (AP Photo/Mark Schiefelbein)
May 15, 2019 - 6:46 am
BEIJING (AP) — China's factory output and consumer spending weakened in April as a tariff war with Washington intensified, adding to pressure on Beijing to shore up shaky economic growth. Wednesday's unexpectedly weak data prompted suggestions Beijing needs to boost stimulus spending and bank...
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FILE- In this Feb. 27, 2019, file photo Federal Reserve Board Chair Jerome Powell gestures while speaking before the House Committee on Financial Services hearing on Capitol Hill in Washington. On Wednesday, May 1, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Pablo Martinez Monsivais, File)
May 01, 2019 - 3:28 pm
WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged Wednesday and signaled that it's unlikely to either raise or cut rates in coming months amid signs of renewed economic health but unusually low inflation. The Fed left its benchmark rate — which influences many consumer and...
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FILE - In this March 21, 2018, file photo Nancy Pelosi of Calif., and Senate Majority Leader Mitch McConnell of Ky., attend a Congressional Gold Medal Ceremony honoring the Office of Strategic Services in Emancipation Hall on Capitol Hill in Washington. Pelosi and McConnell are coming together to see if a deal can be made to stop billions of dollars in government spending cuts. Failure to reach an agreement would usher in cuts to the Pentagon and domestic programs of $125 billion next year _ a 10 percent drop from current levels.(AP Photo/Andrew Harnik, File)
April 28, 2019 - 1:47 pm
WASHINGTON (AP) — House Speaker Nancy Pelosi and top Senate Republican Mitch McConnell, Washington's odd couple, have a limited set of mutual legislative interests in a capital beset by dysfunction and awash in presidential politics. But automatic spending cuts, the legacy of a budget breakdown...
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