Government business and finance

FILE - In this Wednesday, March 11, 2020 file photo, pedestrians wearing face masks pass the Bank of England in London. The Bank of England left its benchmark interest rate at a record low of 0.1% on Thursday Aug. 6, 2020, as it expressed caution about how rapidly the United Kingdom's economy will recover from the COVID-19 pandemic. (AP Photo/Matt Dunham, File)
WBEN Newsroom
August 06, 2020 - 6:43 am
LONDON (AP) — The Bank of England predicted Thursday that the economic downturn in the U.K. economy might be less severe than it thought at the start of the COVID-19 pandemic - even as it warned it would take a longer time to heal the scars. The central bank opened the door to providing more...
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FILE - In this May 1, 2020, file photo, campaign workers David Woodruff, left, and Jason White, right, deliver boxes of initiative petitions signatures to the Missouri secretary of state's office in Jefferson City, Mo. President Donald Trump is still trying to overturn “Obamacare,” but his predecessor’s health care law keeps gaining ground in places where it was once unwelcome. Missouri voters this week approved Medicaid expansion by a 53% to 47% margin, making the conservative state the seventh to do so under Trump. (AP Photo/David A. Lieb, File)
August 06, 2020 - 5:25 am
WASHINGTON (AP) — President Donald Trump is still trying to overturn “Obamacare,” but his predecessor's health care law keeps gaining ground in places where it was once unwelcome. Missouri voters this week approved Medicaid expansion by a 53% to 47% margin, making the conservative state the seventh...
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A currency trader wearing a face mask walks near the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Thursday, Aug. 6, 2020. Stocks were mixed in Asia on Thursday despite strong gains overnight on Wall Street, where the rally just kept on rolling. (AP Photo/Lee Jin-man)
WBEN Newsroom
August 05, 2020 - 11:16 pm
Stocks were mixed in Asia on Thursday despite strong gains overnight on Wall Street, where the rally just kept on rolling. Investors are watching to see if lawmakers will come ahead with fresh stimulus for the U.S. economy. Tokyo's Nikkei 225 index shed 0.4% to 22,438.61 while the Shanghai...
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Treasury Secretary Steven Mnuchin arrives for continued negotiations ahead of a meeting, Wednesday, Aug. 5, 2020, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
WBEN Newsroom
August 05, 2020 - 9:11 pm
WASHINGTON (AP) — After more than a week’s worth of meetings, at least some clarity is emerging in the bipartisan Washington talks on a huge COVID-19 response bill. Negotiators are still stuck, but still trying. A combative meeting Wednesday involving top Capitol Hill Democrats and the postmaster...
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FILE - In this March 31, 2017, file photo, Boeing employees stand near the new Boeing 787-10 at the company's facility in North Charleston, S.C. Federal officials are seeking to fine Boeing $1.25 million, saying Wednesday, Aug. 5, 2020, that company managers pressured employees who were designated to perform safety-related work at the plant. The Federal Aviation Administration said that for nearly two years Boeing made employees doing safety checks report to managers who weren't in position to oversee the work. (AP Photo/Mic Smith, File)
August 05, 2020 - 8:23 pm
Federal officials are seeking to fine Boeing $1.25 million, saying Wednesday that company managers pressured employees who were designated to perform safety-related work for the government at an aircraft factory in South Carolina. The Federal Aviation Administration said that over a nearly two-year...
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Oklahoma City Thunder guard Chris Paul (3) handles the ball against Denver Nuggets forward Torrey Craig (3) during the third quarter of an NBA basketball game Monday, Aug. 3, 2020, in Lake Buena Vista, Fla. (Kim Klement/Pool Photo via AP)
August 05, 2020 - 7:15 pm
LAKE BUENA VISTA, Fla. (AP) — The NBA's Board of Governors and the National Basketball Players Association have finalized plans to create the first NBA Foundation that will work to spur economic growth in the Black community, announcing Wednesday that the initial contribution will be $300 million...
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FILE - In this Oct. 31, 2019 file photo, a Fiat logo is pictured on a car in Bayonne, southwestern France. About 1 million Fiat Chrysler vehicles with four-cylinder engines in the U.S. may spew too much pollution, and the company is working with government officials on a recall. The EPA said in a statement Wednesday, Aug. 5, 2020 that the vehicles will be recalled. (AP Photo/Bob Edme, File)
August 05, 2020 - 4:44 pm
DETROIT (AP) — About 1 million Fiat Chrysler vehicles with four-cylinder engines in the U.S. may spew too much pollution, and the company is working with government officials on a recall. Fiat Chrysler says in a quarterly filing with securities regulators that it found the excess pollution during...
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FILE - In this March 20, 2020 file photo, an empty baggage carousel spins in Denver International Airport as travelers deal with the spread of the coronavirus in Denver. Unions are gaining support in Congress for another $32 billion in federal aid to protect airline workers from layoffs for another six months. Still, it's too early to say how the issue will turn out. (AP Photo/David Zalubowski, File)
August 05, 2020 - 4:36 pm
A group of 16 Republican senators has endorsed giving more money to airlines to avoid layoffs right before the November election, giving a boost to a lobbying effort by airlines and their unions. The GOP senators did not specify an amount on Wednesday, but a proposal by several airline unions would...
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Top row, Facebook CEO Mark Zuckerberg, right, Amazon CEO Jeff Bezos, second from right, and bottom row Google CEO Sundar Pichai, left, and Apple CEO Tim Cook, second from left are sworn in remotely during a House Judiciary subcommittee on antitrust on Capitol Hill on Wednesday, July 29, 2020, in Washington. (Mandel Ngan/Pool via AP)
August 05, 2020 - 12:35 pm
WASHINGTON (AP) — The House Judiciary chairman was closing in on his Perry Mason moment with Facebook CEO Mark Zuckerberg. Fortified with “hot” internal company documents, Rep. Jerrold Nadler was building his case at a hearing that seemed almost like a trial for Facebook and three other tech giants...
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Treasury Secretary Steven Mnuchin, left, leaves a meeting with Senate Majority Leader Mitch McConnell of Ky. as negotiations continue on a coronavirus relief package on Capitol Hill in Washington, Tuesday, Aug. 4, 2020. (AP Photo/Andrew Harnik)
August 05, 2020 - 9:28 am
WASHINGTON (AP) — The Treasury Department will ramp up the size of the bonds and other securities it auctions across-the-board in the face of the unprecedented borrowing needs of the the U.S. government as cases of COVID-19 surge in parts of the country. Treasury officials said Wednesday that the...
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