Government finance

FILE - In this Thursday, June 18, 2020, file photo, a closed sign hangs in the door of The Market, a long-time restaurant and food store located in Larimer Square, that has closed because of the new coronavirus, in downtown Denver. State governments are pushing for help from Congress to fix budget gaps caused by the coronavirus pandemic and economic shutdowns. (AP Photo/David Zalubowski, File)
July 20, 2020 - 1:05 pm
State governments trying to weather the financial storm brought on by the coronavirus are borrowing billions of dollars and desperately trying to slash costs by furloughing workers, delaying construction projects, cutting aid to schools and even closing highway rest areas. For many states, as well...
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from left, Dutch Prime Minister Mark Rutte, Austria's Chancellor Sebastian Kurz, Finland's Prime Minister Sanna Marin, Sweden's Prime Minister Stefan Lofven and Denmark's Prime Minister Mette Frederiksen meet on the sidelines of an EU summit at the European Council building in Brussels, Sunday, July 19, 2020. Leaders from 27 European Union nations meet face-to-face for a third day of an EU summit to assess an overall budget and recovery package spread over seven years estimated at some 1.75 trillion to 1.85 trillion euros. (AP Photo/Francois Walschaerts, Pool Photo via AP)
July 20, 2020 - 1:43 am
BRUSSELS (AP) — Weary and bleary European Union leaders temporarily broke up their summit at dawn on the fourth day of acrimonious haggling over an unprecedented 1.85 trillion-euro ($2.1 trillion) EU budget and coronavirus recovery fund to tackle the crisis. They committed to pick up the fight...
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A man wearing a face mask walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, July 20, 2020. Asian shares were mostly lower Monday as investors cautiously eyed the summit of European leaders discussing the pandemic crisis and coronavirus cases continued to soar in the U.S.(AP Photo/Vincent Yu)
July 19, 2020 - 11:49 pm
TOKYO (AP) — Asian shares were mostly lower Monday as investors cautiously eyed the summit of European leaders discussing the pandemic crisis and coronavirus cases continued to soar in the U.S. Japan's benchmark Nikkei 225 lost 0.4% in early trading to 22,616.23. South Korea's Kospi dipped 0.5% to...
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European Council President Charles Michel, center left, speaks with German Chancellor Angela Merkel, third right, French President Emmanuel Macron, second right, and European Commission President Ursula von der Leyen, right, during a meeting on the sidelines of an EU summit at the European Council building in Brussels, Saturday, July 18, 2020. Leaders from 27 European Union nations met face-to-face for a second day of an EU summit to assess an overall budget and recovery package spread over seven years estimated at some 1.75 trillion to 1.85 trillion euros. (AP Photo/Francisco Seco, Pool)
July 18, 2020 - 10:17 pm
BRUSSELS (AP) — European Union leaders on Saturday extended their summit by an extra day in the hope they were finally closing in on a deal for an unprecedented 1.85 trillion euro ($2.1 trillion) EU budget and coronavirus recovery fund. A deal was still far off, but several key nations said...
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Mike Babinski opens applications for voter ballots at the Cuyahoga County Board of Elections Tuesday, July 14, 2020, in Cleveland. As more states embrace mail-in balloting, an often overlooked detail has emerged as a partisan dividing line: postage. Questions over whether postage will be required for absentee ballot applications and ballots themselves, who pays for it and what happen to envelopes without stamps are the subject of lawsuits and Statehouse political brawls. (AP Photo/Tony Dejak)
July 18, 2020 - 10:17 am
COLUMBUS, Ohio (AP) — Even if it weren't for her disability and fear of catching COVID-19, Delinda Bryant said getting the necessary postage to cast a ballot this year will be a struggle. Bryant, 63, doesn't have $10 for a book of stamps, a printer to make them at home or a working car. “My car...
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German Chancellor Angela Merkel, left, and French President Emmanuel Macron arrive for a round table meeting at an EU summit in Brussels, Friday, July 17, 2020. Leaders from 27 European Union nations meet face-to-face on Friday for the first time since February, despite the dangers of the coronavirus pandemic, to assess an overall budget and recovery package spread over seven years estimated at some 1.75 trillion to 1.85 trillion euros. (Stephanie Lecocq, Pool Photo via AP)
July 17, 2020 - 6:00 pm
BRUSSELS (AP) — European Union leaders headed into Saturday, the scheduled final day of their summit, about as far apart from reaching a deal on an unprecedented 1.85 trillion euro ($2.1 trillion) EU budget and coronavirus recovery fund as the seating distance imposed upon them for health reasons...
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FILE This April 16, 2020 photo shows a real estate company sign marking a home for sale in Harmony, Pa. U.S. homeowners are seizing on historically low mortgage rates to refinance their mortgages. Refinancing is outpacing home purchase loans as job losses and economic uncertainty put off would-be buyers. (AP Photo/Keith Srakocic)
July 16, 2020 - 4:26 pm
LOS ANGELES (AP) — With the 30-year mortgage rate falling this week below 3% for the first time in a half-century, more U.S. homeowners are likely to seize the chance to refinance their home loans. Americans refinanced nearly 2 million home loans from January through April, more than double the...
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President Donald Trump walks on the South Lawn of the White House in Washington, Wednesday, July 15, 2020, after stepping off Marine One. Trump is returning from Atlanta. (AP Photo/Patrick Semansky)
July 16, 2020 - 12:16 pm
NEW YORK (AP) — President Donald Trump’s efforts to stall the release of his personal and corporate taxes to a New York state grand jury is jeopardizing the criminal probe of other individuals and entities and could “kill this case," an attorney told a judge Thursday in urging fast action. “It isn’...
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A member of security stands in a meeting room especially adapted to adhere to physical distance guidelines for EU leaders for an upcoming EU summit at the European Council building in Brussels, Thursday, July 16, 2020. Friday's summit will be held in a larger-than-usual meeting room to meet social distancing requirements, the media will be kept to a minimum and there will be no group photo of the leaders. Sign on door reads 'stay 1.5 meters apart, distance makes the heart grow fonder'. (Yves Herman, Pool Photo via AP)
July 16, 2020 - 12:13 pm
BRUSSELS (AP) — There are limits to videoconferencing: When there is a lot of money at stake, people like to look each other in the eye. So on Friday, leaders from 27 European Union nations will be meeting face-to-face for the first since February — despite the dangers of the coronavirus pandemic...
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A bottle of hand sanitizer stands next to an EU flag at the entrance to the European Council building in Brussels, Thursday, July 16, 2020. On Friday, July 17, 2020, leaders from the 27 European Union nations will meet face-to-face to try to carve up a potential package of 1.85 trillion euros among themselves. Due to coronavirus concerns, Friday's summit will be held in a larger-than-usual meeting room to meet social distancing requirements, the media will be kept to a minimum and there will be no group photo of the leaders. (AP Photo/Francisco Seco)
July 16, 2020 - 11:59 am
BRUSSELS (AP) — As European Union leaders start pouring in early for a two-day summit starting Friday, all realize that rarely so much has been on the line. The 27-nation bloc is battered by the coronavirus pandemic, much of its economy in need of a massive aid injection and its countries riven by...
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