Fiscal policy

December 09, 2019 - 2:32 pm
RIYADH, Saudi Arabia (AP) — Saudi Arabia will reduce spending in 2020 as the budget deficit widens to $49 billion amid sluggish oil prices and deeper curbs on oil production by the heavyweight producer. King Salman announced Monday expenditures will reach $272 billion next year, a nearly 8%...
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In this Wednesday, Nov. 27, 2019 photo workers use a lift while working on a new building in Boston's Seaport district. On Monday, Dec. 2, the Commerce Department reports on U.S. construction spending in October. (AP Photo/Steven Senne)
December 02, 2019 - 11:56 am
WASHINGTON (AP) — Spending on U.S. construction projects fell 0.8% in October, dragged down by declines in apartment and multi-family homebuilding. Private construction spending declined 1% in October, the Commerce Department said Monday. That follows another significant 1.1% decline in September...
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Lebanese women shout slogans, as they hold an Arabic placard that reads:"No to violence, no to sectarianism, no to civil war," during a protest at a former Beirut frontline between Christian district of Ain el-Rummaneh and a Muslim Shiite district of Shiyah, in Beirut, Lebanon, Wednesday, Nov. 27, 2019. Hundreds of Lebanese women marched across a former front line in the Lebanese capital carrying white roses and Lebanese flags to denounce overnight clashes between rival groups that injured dozens of people. (AP Photo/Hussein Malla)
November 27, 2019 - 1:57 pm
BEIRUT (AP) — Hundreds of Lebanese women marched across a former front line in the Lebanese capital Wednesday carrying white roses and Lebanese flags to denounce overnight clashes between rival groups that injured dozens of people. They pledged no return to civil war. But amid a political impasse...
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FILE - In this Oct. 19, 2019, file photo Eldon Sylvester harvest soybeans in his field near Wamego, Kan. On Wednesday, Nov. 27, the Commerce Department issues the second estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Charlie Riedel, File)
November 27, 2019 - 1:08 pm
WASHINGTON (AP) — A series of government reports Wednesday cast a picture of a steadily growing U.S. economy, fueled by solid consumer spending and defying threats — at least for now — from a U.S.-China trade war and a global slowdown. The Commerce Department estimated that the economy grew at a...
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FILE - In this Oct. 19, 2019, file photo Eldon Sylvester harvest soybeans in his field near Wamego, Kan. On Wednesday, Nov. 27, the Commerce Department issues the second estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Charlie Riedel, File)
November 27, 2019 - 9:26 am
WASHINGTON (AP) — The U.S. economy grew at a moderate 2.1% annual rate over the summer, slightly faster than first estimated, the government said Wednesday. But many economists say they think growth is slowing sharply in the current quarter. The July-September growth rate in the gross domestic...
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President Donald Trump shakes hands with Senate Majority Leader Mitch McConnell of Ky., in the East Room of the White House during an event about Trump's judicial appointments, Wednesday, Nov. 6, 2019, in Washington. (AP Photo/Patrick Semansky)
November 19, 2019 - 3:38 pm
WASHINGTON (AP) — The House passed a short-term spending bill Tuesday that would keep federal agencies running for another month in hopes the additional time will help negotiators wrap up more than $1.4 trillion in unfinished appropriations bills. The bill would avert a Thanksgiving government...
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November 19, 2019 - 3:21 pm
WASHINGTON (AP) — The House has passed a short-term spending bill to keep federal agencies running for another month. The hope is that the additional time will help negotiators wrap up more than $1.4 trillion in unfinished appropriations bills. Tuesday’s legislation would avert a Thanksgiving...
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Britain's Chancellor of the Exchequer, Sajid Javid, looks at new build homes during a visit to the Woodgate Housing Estate, near Crawley, southern England, Monday Nov. 11, 2019. The British economy avoided falling into recession in the third quarter of the year, as the Office for National Statistics said Monday that the economy grew by a quarterly rate of 0.3 percent. (Steve Parsons/PA via AP)
November 11, 2019 - 7:45 am
LONDON (AP) — The British economy avoided falling into recession in the third quarter of the year, but annual growth is running at a near-decade low rate as a result of ongoing uncertainty related to Britain's departure from the European Union and a subdued global backdrop, official figures showed...
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British Prime Minister Boris Johnson, right, and leader of the Labour Party Jeremy Corbyn prepare to lay wreaths during the Remembrance Sunday ceremony at the Cenotaph in Whitehall in London, Sunday, Nov. 10, 2019. Remembrance Sunday is held each year to commemorate the service men and women who fought in past military conflicts. (AP Photo/Matt Dunham)
November 10, 2019 - 9:10 am
LONDON (AP) — Britain's biggest political parties traded allegations of financial recklessness on Sunday as they vied to win voters' trust on the economy ahead of the country's Dec. 12 election. The main opposition Labour Party accused the governing Conservatives of spreading fake news with an eye-...
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FILE - In this May 29, 2019, file photo, Alaska Gov. Mike Dunleavy speaks to reporters in his office at the state Capitol in Juneau, Alaska. A fight is brewing over whether Dunleavy, a Republican who took office in Dec. 2018, should be recalled. Critics say he’s incompetent and has recklessly tried to cut spending while supporters see a politically motivated attempt to undo the last election. (AP Photo/Becky Bohrer, File)
November 04, 2019 - 7:55 pm
JUNEAU, Alaska (AP) — Supporters of an effort to recall Alaska Gov. Mike Dunleavy are vowing to take their fight to court after an election official on Monday rejected their bid to move forward with seeking to oust him from office. Division of Elections Director Gail Fenumiai said she based her...
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