Government finance

Dudley Devine, right, works with fellow traders on the floor of the New York Stock Exchange, Wednesday, Nov. 14, 2018. Energy companies led U.S. stocks broadly higher in early trading Wednesday, wiping out some of the market's losses from a day earlier. (AP Photo/Richard Drew)
November 14, 2018 - 1:58 pm
Banks led a broad sell-off in U.S. stocks Wednesday, placing the market on track for its fifth consecutive loss. Traders sent government bond prices higher, pulling down yields. Technology stocks also took heavy losses. Energy stocks gave up an early gain even as crude oil prices headed higher...
Read More
Italian deputy Premier and Labor Minister Luigi Di Maio talks to reporters at the end of a cabinet meeting on Italy's budget, outside Rome's Chigi Palace government headquarters, Tuesday, Nov. 13, 2018. (AP Photo/Andrew Medichini)
November 14, 2018 - 10:15 am
MILAN (AP) — Italian borrowing costs nudged higher Wednesday after the populist government resubmitted draft budget proposals without the significant changes sought by the European Commission. A day after receiving the Italian government's submission, the European Union's executive branch said it...
Read More
November 14, 2018 - 8:05 am
MILAN (AP) — Italian borrowing costs have risen after the populist government resubmitted draft budget proposals without the significant changes sought by the European Commission. The EU's executive branch acknowledged receipt of Italy's letter and said it would issue its response next week. The...
Read More
A former dock facility is shown with old transfer bridges, with "Long Island" painted in large letters at Gantry State Park in the Long Island City section of Queens Borough in New York, Tuesday, Nov. 13, 2018. Amazon announced Tuesday it has selected the Queens neighborhood as one of two sites for its headquarters. (AP Photo/Bebeto Matthews)
November 14, 2018 - 1:18 am
NEW YORK (AP) — Much of the New York City neighborhood selected by Amazon for one of its new headquarters is in a federal "opportunity zone," a designation created by President Donald Trump's tax overhaul that offers developers potentially millions of dollars in capital gains tax breaks to invest...
Read More
A former dock facility is shown with old transfer bridges, with "Long Island" painted in large letters at Gantry State Park in the Long Island City section of Queens Borough in New York, Tuesday, Nov. 13, 2018. Amazon announced Tuesday it has selected the Queens neighborhood as one of two sites for its headquarters. (AP Photo/Bebeto Matthews)
November 14, 2018 - 1:16 am
NEW YORK (AP) — Much of the New York City neighborhood selected by Amazon for one of its new headquarters is in a federal "opportunity zone," a designation created by President Donald Trump's tax overhaul. The designation offers developers potentially millions of dollars in capital gains tax breaks...
Read More
FILE- This Sept. 21, 2015, file photo shows the skyline in Syracuse, N.Y. The city has found a novel way of motivating residents to pay their back taxes: personal notes handwritten by city officials. The idea stemmed from an experiment on late-tax payments, in which the city of Syracuse partnered with researchers at Syracuse University. City officials wrote and signed thousands of notes by hand, rather than sending standard legal letters demanding payment. (AP Photo/Mike Groll, File)
November 13, 2018 - 4:44 pm
ALBANY, N.Y. (AP) — A city in New York state has found a novel way of motivating residents to pay their back taxes: personal notes handwritten by city officials. The idea stemmed from an experiment on late-tax payments, in which the city of Syracuse partnered with researchers at Syracuse University...
Read More
FILE- In this Oct. 26, 2018, file photo the rising sun silhouettes the U.S. Capitol dome at daybreak in Washington. The Treasury Department issues a report Tuesday, Nov. 13, on how much money Uncle Sam took in and paid out last month. (AP Photo/Alex Brandon, File)
November 13, 2018 - 3:04 pm
WASHINGTON (AP) — The federal government recorded a deficit of $100.5 billion in October, a big increase from a year ago that was primarily caused by quirks in the calendar. The Treasury Department said Tuesday that the deficit shot up 59 percent from the same month a year ago. Last year's October...
Read More
In this Nov. 9, 2018 photo, construction workers mix with the noon lunch-hour crowd outside an Amazon Go store in downtown Seattle. As Amazon turns its attention to setting up new homes in Long Island City in New York and Arlington, Va., experts and historians in Seattle say both places can expect a delicate relationship with the world’s hottest online retailer. (AP Photo/Ted S. Warren)
November 13, 2018 - 2:26 pm
SEATTLE (AP) — As Amazon turns its attention to setting up new homes in Long Island City, New York and Arlington, Virginia, experts and historians in Seattle say both places can expect a delicate relationship with the world's hottest online retailer. The communities will be subject to outsized...
Read More
FILE- In this Oct. 26, 2018, file photo the rising sun silhouettes the U.S. Capitol dome at daybreak in Washington. The Treasury Department issues a report Tuesday, Nov. 13, on how much money Uncle Sam took in and paid out last month. (AP Photo/Alex Brandon, File)
November 13, 2018 - 2:07 pm
WASHINGTON (AP) — The federal government recorded a deficit of $100.5 billion in October, a big increase from a year ago that was primarily caused by quirks in the calendar. The Treasury Department says the deficit shot up 59 percent from the same month a year ago. Last year's October deficit was...
Read More
In this Wednesday, Nov. 7, 2018, photo, a rusting ferryboat is docked next to an aging industrial warehouse on Long Island City's Anable Basin in the Queens borough of New York. Across the East River is midtown Manhattan, top left. Long Island City is a longtime industrial and transportation hub that has become a fast-growing neighborhood of riverfront high-rises and redeveloped warehouses, with an enduring industrial foothold and burgeoning arts and tech scenes. (AP Photo/Mark Lennihan)
November 13, 2018 - 1:08 pm
NEW YORK (AP) — The Latest on Amazon's second headquarters (all times local): 12:55 p.m. Not everyone in New York and Virginia is happy about being chosen to become the spot for new Amazon headquarter locations. Some see the billions in tax breaks as corporate welfare while others are worried about...
Read More

Pages