Government debt

1010 WINS Newsroom
January 16, 2020 - 6:29 pm
WASHINGTON (AP) — The U.S. Treasury, faced with financing budget deficits topping $1 trillion annually, is introducing a new 20-year bond. The new 20-year bond was chosen after officials considered proposals for a 50-year or 100-year bond, Treasury said in a statement Thursday. It said the new 20-...
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FILE - In this Dec. 5, 2019, file photo trader James MacGilvray works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Monday, Dec. 30. (AP Photo/Richard Drew, File)
1010 WINS Newsroom
December 30, 2019 - 4:06 pm
Stocks are closing broadly lower on Wall Street as the market gives back some of its recent gains. The benchmark S&P 500 index is coming off five straight weeks of gains and multiple all-time highs. It's on track to end the month 2.6% higher. Technology, health care and communication services...
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FILE - In this Dec. 2, 2019, file photo, Nissan Chief Executive Makoto Uchida speaks during a press conference at the automaker's headquarters in Yokohama, near Tokyo. Japanese securities regulators are recommending that automaker Nissan be fined 2.4 billion yen ($22 million) for the under-reporting of compensation of its former chairman, Carlos Ghosn. The Securities and Exchange Surveillance Commission said Tuesday, Dec. 10, 2019, it made the recommendation to the government's Financial Services Agency. (AP Photo/Eugene Hoshiko, File)
1010 WINS Newsroom
December 10, 2019 - 7:26 am
TOKYO (AP) — Japanese securities regulators are recommending that automaker Nissan be fined 2.4 billion yen ($22 million) for under-reporting compensation for its former chairman, Carlos Ghosn. The watchdog, the Securities and Exchange Surveillance Commission, said Tuesday it made the...
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1010 WINS Newsroom
December 09, 2019 - 2:38 pm
WASHINGTON (AP) — The Federal Reserve is expected to send a clear message when its latest policy meeting ends Wednesday: Interest rates will likely stay ultra-low for the foreseeable future. Behind that message is a view that has gained support at the Fed as the U.S. economic expansion has entered...
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1010 WINS Newsroom
November 21, 2019 - 9:32 am
ATHENS, Greece (AP) — The Greek government has pledged to exceed the strict surplus targets demanded by its former bailout lenders for this year and next. In the 2020 budget submitted to Parliament Thursday, the government says it will outperform its primary surplus target— the annual balance...
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FILE - This June 12, 2019, file photo shows the U.S. Capitol dome in Washington. On Wednesday, Nov. 13, the Treasury Department releases federal budget data for August. (AP Photo/Patrick Semansky, File)
1010 WINS Newsroom
November 13, 2019 - 5:08 pm
WASHINGTON (AP) — The federal government, which ended the 2019 budget year with its largest deficit in seven years, began the new budget year with a deficit in October that was 33.8% bigger than a year ago as spending hit a record. The Treasury Department said Wednesday that the deficit last month...
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Republican presidential candidate former South Carolina Gov. Mark Sanford speaks during a news conference in front of the Statehouse, Tuesday, Nov. 12, 2019, in Concord, N.H., where he announced he is ending his longshot 2020 presidential bid. Sanford centered his Republican primary challenge to President Donald Trump on warnings about the national debt. But he struggled to gain traction since announcing his run in September. (AP Photo/Elise Amendola)
1010 WINS Newsroom
November 12, 2019 - 3:11 pm
CONCORD, N.H. (AP) — Mark Sanford dropped his challenge to President Donald Trump for the Republican presidential nomination on Tuesday, saying the focus on impeachment has made it difficult for his campaign to gain traction. "You've got to be a realist," Sanford said outside the New Hampshire...
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This Sept. 18, 2019, photo shows the view of the U.S. Capitol building from the Washington Monument in Washington. The federal deficit for the 2019 budget year is expected to have soared to near $1 trillion, up more than $200 billion from last year and the largest such gap in seven years. (AP Photo/Patrick Semansky)
1010 WINS Newsroom
October 25, 2019 - 7:07 pm
WASHINGTON (AP) — The Trump administration reported a river of red ink Friday. The federal deficit for the 2019 budget year surged 26% from 2018 to $984.4 billion — its highest point in seven years. The gap is widely expected to top $1 trillion in the current budget year and likely remain there for...
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President of European Central Bank Mario Draghi comes to a press conference after chairing his last policy meeting in Frankfurt, Germany, Thursday, Oct. 24, 2019. (AP Photo/Michael Probst)
1010 WINS Newsroom
October 24, 2019 - 9:12 am
FRANKFURT, Germany (AP) — As he winds up his eight-year term, European Central Bank President Mario Draghi said Thursday that his legacy isn't dented by the unusual public criticism by some ECB officials of a key part the bank's last stimulus package. Draghi said that criticism of the decision to...
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Anti-government protesters cheer as they wait for a bus to return them home, in the aftermath of violent protests against the government, in Quito, Ecuador, Monday, Oct. 14, 2019. Ecuador celebrated a deal President Lenín Moreno and indigenous leaders struck late Sunday to cancel a disputed austerity package and end nearly two weeks of protests that have paralyzed the economy and left seven dead. (AP Photo/Fernando Vergara)
1010 WINS Newsroom
October 14, 2019 - 9:41 pm
QUITO, Ecuador (AP) — Thousands of indigenous demonstrators, student volunteers and local residents launched a mass cleanup Monday of a Quito park where anti-austerity protesters fought police for days, leaving piles of burning tires, trees and construction material. President Lenín Moreno signed a...
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