Government debt

In this Sept. 8, 2017, photo, visitors view a scale model of the ECRL (East Coast Rail Link) during the launching of the train project in Kuantan, east coast of peninsula Malaysia. Malaysia’s government says it has decided to resume a China-backed rail link project after the Chinese contractor agreed to cut construction cost by one-third. (AP Photo)
April 12, 2019 - 5:15 am
KUALA LUMPUR, Malaysia (AP) — Malaysia's government said Friday it has decided to resume a China-backed rail link project, after the Chinese contractor agreed to cut the construction cost by one-third. The deal follows months of vacillating over the East Coast Rail Link, which connects Malaysia's...
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FILE- In this March 7, 2019, file photo visitors to the Pittsburgh veterans job fair meet with recruiters at Heinz Field in Pittsburgh. On Friday, April 5, the U.S. government issues the March jobs report. (AP Photo/Keith Srakocic, File)
April 05, 2019 - 6:10 pm
WASHINGTON (AP) — A month ago, many economists fretted that the 10-year U.S. expansion looked wobbly. But after the government reported Friday that hiring rebounded in March, the economy suddenly looks sturdy again. Growth has weakened since last year to something closer to the modest pace that has...
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European Union Finance ministers prepare for a session at the informal meeting of European Union Economic Financial Affairs in Bucharest, Romania, Friday, April 5, 2019. (AP Photo/Vadim Ghirda)
April 05, 2019 - 8:34 am
ATHENS, Greece (AP) — Greece's bailout creditors on Friday backed a payout worth more than $1 billion as part of a debt-relief package that is contingent on the government enacting a series of reforms. Mario Centeno, who heads the grouping of the eurozone's 19 finance ministers, told reporters...
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FILE - In this May 24, 2017 file photo, Rep. John Yarmuth, D-Ky., listens to testimony on Capitol Hill in Washington. Budget Committee Chairman John Yarmuth says he's "not very hopeful" of passing a budget plan through the House. (AP Photo/Jacquelyn Martin, File)
March 27, 2019 - 4:16 pm
WASHINGTON (AP) — House Democratic leaders appear likely to give up on passing a budget this year rather than trying to bridge divisions between progressives seeking more money for domestic programs and more moderate members in swing districts who fear being attacked on tax hikes. Budget Committee...
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March 26, 2019 - 8:27 am
In a story March 22 about the financial markets, The Associated Press misspelled the name of asset management company Schroders. A corrected version of the story is below: Stocks, bond yields fall sharply as growth worries spread New signs the global economic growth is slowing roiled Wall Street...
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A man walks by an electronic stock board of a securities firm in Tokyo, Tuesday, March 26, 2019. Asian stock prices rebounded Tuesday after global markets slid on worries about U.S. and European economic growth. (AP Photo/Koji Sasahara)
March 26, 2019 - 6:09 am
BEIJING (AP) — Global stock prices rebounded Tuesday a slide on worries about U.S. and European economic growth. In early trading, London's FTSE 100 rose 0.1 percent to 7,187.13 and France's CAC 40 added 0.1 percent to 5,268.04. Germany's DAX was unchanged at 11,335.24. In Asia, Tokyo's Nikkei 225...
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Federal Reserve Chair Jerome Powell listens to a reporter's question during a news conference in Washington, Wednesday, March 20, 2019. (AP Photo/Susan Walsh)
March 20, 2019 - 4:58 pm
WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged Wednesday and projected no rate hikes this year, reflecting a dimmer view of the economy as growth weakens in the United States and abroad. The Fed said it was keeping its benchmark rate — which can influence everything from...
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FILE- In this Feb. 26, 2019, file photo Federal Reserve Chairman Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on monetary policy on Capitol Hill in Washington. On Wednesday, March 20, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Kevin Wolf, File)
March 20, 2019 - 3:22 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 3:10 p.m. Federal Reserve Chairman Jerome Powell explained Wednesday why he thinks a recent stumble in the U.S. economy's growth will be temporary. Consumers appeared to pull back this winter, with...
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FILE - In this Sept. 25, 2017 file photo, Ivanka Trump stands before President Donald Trump signs a memorandum to expand access to STEM, science technology engineering and math, education, in the Oval Office of the White House in Washington. A top House Democrat says Ivanka Trump, the president’s daughter and a powerful White House aide, is not preserving all of her official email communications as required by federal law. Rep. Elijah Cummings also says Ivanka Trump’s husband, Jared Kushner, continues to uses the messaging application, WhatsApp, to conduct official U.S. government business. (AP Photo/Alex Brandon)
March 18, 2019 - 6:00 pm
The Trump administration on Monday proposed new limits on federal student loans taken out by parents and graduate students as part of a broader proposal to curb the cost of college. White House officials included the plan in a list of suggested changes to the Higher Education Act, a sweeping...
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Office of Management and Budget Acting Director Russell Vought testifies before the House Budget Committee on Capitol Hill in Washington, Tuesday, March 12, 2019, during a hearing on the fiscal year 2020 budget. (AP Photo/Susan Walsh)
March 12, 2019 - 11:54 am
WASHINGTON (AP) — The White House's top budget official acknowledged Tuesday that the federal deficit is ballooning to $1.1 trillion alongside the Republican tax plan but vowed the fiscal picture would improve as a result of projected economic growth. Russ Vought, acting director of the Office of...
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