Government finance

Italian Finance Minister Giovanni Tria, center, arrives for a round table meeting of eurogroup finance ministers at the European Council building in Luxembourg, Monday, Oct. 1, 2018. (AP Photo/Geert Vanden Wijngaert)
October 03, 2018 - 7:05 am
MILAN (AP) — Italy's economy minister is backing down on spending plans that would keep the country's deficit at an elevated level for three years. Giovanni Tria said Wednesday in Rome that the deficit to GDP ratio would be gradually reduced after 2019. The remark confirms a report by Corriere...
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FILE - In this May 24, 2017, file photo, Fan Bingbing poses for photographers as she arrives for the screening of the film The Beguiled at the 70th international film festival, Cannes, southern France. Chinese media said on Wednesday, Oct. 3, 2018, tax authorities ordered X-Men star Fan to pay taxes and fines worth hundreds of millions of yuan but would spare her from criminal prosecution. (AP Photo/Alastair Grant, File)
October 03, 2018 - 4:17 am
BEIJING (AP) — Chinese tax authorities have ordered "X-Men" star Fan Bingbing and companies she represents to pay taxes and penalties totaling $130 million, ending speculation over the fate of one of the country's highest-profile entertainers three months after she disappeared from public view. Of...
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Italian Finance Minister Giovanni Tria, left, attends a round table meeting of eurogroup finance ministers at the European Council building in Luxembourg, Monday, Oct. 1, 2018. (AP Photo/Geert Vanden Wijngaert)
October 02, 2018 - 5:43 am
MILAN (AP) — Italy's leaders refused to budge from new spending targets that have been spooking investors recently and prompted concerns from the country's partners in eurozone. Deputy Prime Minister Luigi Di Maio said Tuesday that the government "will not back up one millimeter" from spending...
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Italian Finance Minister Giovanni Tria, left, attends a round table meeting of eurogroup finance ministers at the European Council building in Luxembourg, Monday, Oct. 1, 2018. (AP Photo/Geert Vanden Wijngaert)
October 02, 2018 - 4:14 am
MILAN (AP) — Concern about the spending plans of Italy's new populist government's is shaking the country's financial markets again. The difference between the Italian 10-year bond yield and the sturdy German benchmark topped 3 percentage points on Tuesday, the highest since market jitters began...
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September 28, 2018 - 4:40 pm
WASHINGTON (AP) — President Donald Trump signed an $854 billion spending bill on Friday to keep the federal government open through Dec. 7, averting a government shutdown in the weeks leading up to November's pivotal midterm elections. Trump signed the legislation to fund the military and several...
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September 28, 2018 - 12:44 pm
WASHINGTON (AP) — Republicans have sped legislation through the House to expand their massive new tax law, capping their session for the year as they rush out of town to face voters in the November elections. The new bill would make permanent the individual and small-business tax cuts in the law...
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September 28, 2018 - 12:41 pm
WASHINGTON (AP) — Republicans have sped legislation through the House to expand their massive new tax law, capping their session for the year as they rush out of town to face voters in the November elections. The new bill would make permanent the individual and small-business tax cuts in the law...
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FILE- In this Sept. 17, 2018, file photo SpaceX founder and chief executive Elon Musk speaks after announcing Japanese billionaire Yusaku Maezawa as the first private passenger on a trip around the moon in Hawthorne, Calif. U.S. securities regulators have filed a complaint against Musk alleging that he made false and misleading statements about plans to take the company private in August. (AP Photo/Chris Carlson, File)
September 28, 2018 - 7:09 am
DETROIT (AP) — Tesla without Elon Musk at the wheel? To many of the electric car maker's customers and investors that would be unthinkable. But that's what government securities regulators now want to see. The Securities and Exchange Commission has asked a federal court to oust Musk as Tesla's...
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September 26, 2018 - 8:40 am
MILAN (AP) — Italy's economy minister says the first budget of the new Italian government will include a basic income scheme sought by one of the governing parties, the 5-Star Movement. Giovanni Tria said Wednesday that the scheme would "help manage the social consequences of the transformation...
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An investor walks in front of trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Wednesday, Sept. 26, 2018. Asian markets rose on Wednesday as traders waited for the U.S. Federal Reserve to raise interest rates for the third time this year, a signal that the country’s economic growth was on track. (AP Photo/Yam G-Jun)
September 26, 2018 - 4:55 am
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 4:55 a.m. Financial markets are subdued as investors look ahead to the Federal Reserve's latest policy meeting, at which it is expected to raise its main interest rate for the third time this year...
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