Government policy

File-This Thursday, June 6, 2019, photo shows the U.S. Treasury Department building at dusk, in Washington. The Treasury Department is projecting government borrowing of $947 billion in the current July-September period, which would be a record for the quarter but down from the all-time high of $2.75 trillion in this year's second quarter. Treasury officials announced Monday, Aug. 3, 2020, that the government also plans to borrow $1.22 trillion in the October-December period. (AP Photo/Patrick Semansky, File)
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August 03, 2020 - 3:49 pm
WASHINGTON (AP) — The Treasury Department is projecting government borrowing of $947 billion in the current July-September period, which would be a record for the quarter but down from the all-time high of $2.75 trillion in this year's second quarter. Treasury officials also announced Monday that...
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FILE - This March 27, 2008 file photo shows the Pentagon in Washington. A Senate committee abruptly canceled a confirmation hearing Thursday on retired Army Brig. Gen. Anthony Tata's nomination to a top Pentagon post after a furor over offensive remarks he made about Islam and other inflammatory comments. (AP Photo/Charles Dharapak, File)
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August 03, 2020 - 1:53 pm
WASHINGTON (AP) — Democrats are condemning President Donald Trump's appointing of a staunch loyalist to a senior Pentagon job after it became clear that getting the retired general confirmed to a higher post would be difficult if not impossible. Trump appointed retired Brig. Gen. Anthony Tata to a...
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August 02, 2020 - 6:38 pm
MEXICO CITY (AP) — Mexican police and military forces on Sunday arrested the leader of the Santa Rosa de Lima gang who spread violence through north-central Mexico and fought a years-long bloody turf battle with the Jalisco cartel. The armed forces and officials in the state of Guanajuato said they...
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Democratic presidential candidate former Vice President Joe Biden speaks at a campaign event at the William "Hicks" Anderson Community Center in Wilmington, Del., Tuesday, July 28, 2020.(AP Photo/Andrew Harnik)
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August 01, 2020 - 2:43 pm
WASHINGTON (AP) — Should former Vice President Joe Biden win the White House in November, America will likely be in for a foreign policy about-face as Biden reverses, dismantles or severely curtails many of President Donald Trump’s most significant and boldest actions. From the Middle East to Asia...
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German Defence Minister Annegret Kramp-Karrenbauer speaks prior to the weekly cabinet meeting at the Chancellery in Berlin, Germany, Wednesday, July 8, 2020. (AP Photo/Michael Sohn, pool)
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July 31, 2020 - 6:59 am
BERLIN (AP) — Germany's defense minister on Friday described the planned withdrawal of some 12,000 U.S. troops from her country as “regrettable,” while suggesting it underlines the need for Europe to do more for its own security. American defense leaders said Wednesday that the U.S. will bring...
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July 30, 2020 - 6:29 pm
BRUSSELS (AP) — The European Union on Thursday imposed its first-ever sanctions over cyberattacks, slapping them on alleged Russian military agents, Chinese cyber spies and organizations including a North Korean firm. The six people and three groups hit with sanctions include Russia’s GRU military...
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The buildings of the banking district are seen in Frankfurt, Germany, Thursday, July 30, 2020. The Federal Statistical Office will release 2nd-quarter German GDP (gross domestic product) figures on Thursday. (AP Photo/Michael Probst)
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July 30, 2020 - 6:51 am
FRANKFURT, Germany (AP) — Germany’s economy, Europe's largest, took a massive hit during the pandemic shutdowns, shrinking by 10.1% percent during the April-June period from the previous quarter as exports and business investment collapsed. It was the biggest drop since quarterly growth figures...
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FILE - In this July 29, 2020, file photo President Donald Trump arrives to deliver remarks about American energy production during a visit to the Double Eagle Energy Oil Rig in Midland, Texas. Trump, like many fellow Republicans, holds out tax reductions and regulatory cuts as economic cure-alls and frames himself as a conservative champion in seemingly endless culture wars. But the president, still trying to fashion himself as an outsider, offers little detail about how he’d pull the levers of government in a second term. (AP Photo/Evan Vucci, File)
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July 30, 2020 - 5:41 am
WASHINGTON (AP) — President Donald Trump and his Democratic challenger, Joe Biden, both promise sweeping progress over the next four years –- via starkly different paths. Trump, like many fellow Republicans, holds out tax reductions and regulatory cuts as economic cure-alls and frames himself as a...
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Currency trader watch computer monitors near the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Thursday, July 30, 2020. Asian stocks advanced Thursday after the U.S. Federal Reserve left interest rates near zero to support a struggling economy. (AP Photo/Lee Jin-man)
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July 29, 2020 - 11:49 pm
BEIJING (AP) — Asian stocks advanced Thursday after the U.S. Federal Reserve left interest rates near zero to support a struggling economy. Benchmarks in Shanghai, Tokyo, Hong Kong and Seoul all gained. Lower interest rates and investor optimism about a possible coronavirus vaccine have helped...
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FILE - In this March 3, 2020 file photo, Federal Reserve Chair Jerome Powell speaks during a news conference to discuss an announcement from the Federal Open Market Committee, in Washington. Federal Reserve officials are grappling this week with the timing and scope of their next policy moves at a time when the raging viral pandemic has weakened the U.S. economy. No major changes are likely when the Fed releases a statement Wednesday, July 29, after its two-day policy meeting ends and just before Powell holds a news conference. (AP Photo/Jacquelyn Martin, File)
1010 WINS Newsroom
July 29, 2020 - 5:27 pm
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Wednesday that the viral epidemic is endangering the modest economic recovery that followed a collapse in hiring and spending this spring. As a result, he said, the Fed plans to keep interest rates pinned near zero well into the future...
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