Government finance

February 05, 2018 - 5:25 am
FRANKFURT, Germany (AP) — Economists at the European Central Bank say that the U.S. corporate tax cut should lift the world's largest economy in the short term but could erode the tax base in European countries by intensifying global competition for lower rates. Their short article, released Monday...
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February 04, 2018 - 10:47 am
A billionaire is fed up with the hundreds of Canada geese that flock to his upstate New York vacation home every summer, turning his lawn into a minefield of poop. His solution? He's refusing to pay his $90,000 school tax bill until officials in the Finger Lakes town of South Bristol find a way to...
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February 04, 2018 - 6:47 am
BERLIN (AP) — A senior European Union official is warning that the 28-nation bloc will hit back if U.S. President Donald Trump takes trade measures against it. EU budget commissioner Guenther Oettinger told Sunday's edition of Germany's Welt am Sonntag newspaper: "If European exporters have to pay...
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February 03, 2018 - 7:58 pm
WASHINGTON (AP) — House Speaker Paul Ryan has highlighted on Twitter a school secretary benefiting from the Republican tax overhaul, then deleted the tweet after online criticism that he is cheering an increase of $1.50 a week. The Associated Press reported on Thursday that changes in tax...
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February 03, 2018 - 7:03 pm
WASHINGTON (AP) — House Speaker Paul Ryan has highlighted on Twitter a school secretary benefiting from the Republican tax overhaul, then deleted the tweet after online criticism that he is cheering an increase of $1.50 a week. The Associated Press reported on Thursday that changes in tax...
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Trader Gregory Rowe works on the floor of the New York Stock Exchange, Friday, Feb. 2, 2018. The stock market closed sharply lower, extending a weeklong slide, as the Dow Jones industrial average plunged more than 600 points. (AP Photo/Richard Drew)
February 02, 2018 - 9:18 pm
U.S. stocks slumped Friday, and the market suffered its worst week in two years, as fears of inflation and disappointing quarterly results from technology and energy giants spooked investors. The Dow Jones industrial average dropped by more than 650 points. Bond yields rose and contributed to the...
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In this Tuesday, Jan. 30, 2018, photo, Grace Ochoa, of Performance Food Service, right, talks with a job applicant at a JobNewsUSA job fair in Miami Lakes, Fla. On Friday, Feb. 2, the U.S. government issues the January jobs report. (AP Photo/Lynne Sladky)
February 02, 2018 - 6:13 pm
WASHINGTON (AP) — Pay raises, the U.S. economy's Achilles' heel in its long recovery from the Great Recession, finally showed signs of accelerating last month — a trend that fanned inflation fears and sent bond yields rising and stocks sinking. Wages grew in January from a year ago at the fastest...
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Trader Gregory Rowe works on the floor of the New York Stock Exchange, Friday, Feb. 2, 2018. The stock market closed sharply lower, extending a weeklong slide, as the Dow Jones industrial average plunged more than 600 points. (AP Photo/Richard Drew)
February 02, 2018 - 5:59 pm
U.S. stocks slumped Friday, and the market suffered its worst week in two years, as fears of inflation and disappointing quarterly results from technology and energy giants spooked investors. The Dow Jones industrial average dropped by more than 650 points. Bond yields rose and contributed to the...
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In this Tuesday, Jan. 30, 2018, photo, Grace Ochoa, of Performance Food Service, right, talks with a job applicant at a JobNewsUSA job fair in Miami Lakes, Fla. On Friday, Feb. 2, the U.S. government issues the January jobs report. (AP Photo/Lynne Sladky)
February 02, 2018 - 5:04 pm
WASHINGTON (AP) — Pay raises, the U.S. economy's Achilles' heel in its long recovery from the Great Recession, finally showed signs of accelerating last month — a trend that fanned inflation fears and sent bond yields rising and stocks sinking. Wages grew in January from a year ago at the fastest...
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Traders Robert Moran, left, and Andrew Silverman work on the floor of the New York Stock Exchange, Friday, Feb. 2, 2018. Technology companies were leading stocks broadly lower in early trading, extending the market's slide into a second day. (AP Photo/Richard Drew)
February 02, 2018 - 2:02 pm
U.S. stocks fell sharply Friday, placing the market on track for its worst week in two years. Technology and energy stocks accounted for much of the broad slide, pulling the Dow Jones industrial average down more than 400 points. Several major companies including Exxon Mobil and Google's parent...
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