Government policy

December 09, 2019 - 2:38 pm
WASHINGTON (AP) — The Federal Reserve is expected to send a clear message when its latest policy meeting ends Wednesday: Interest rates will likely stay ultra-low for the foreseeable future. Behind that message is a view that has gained support at the Fed as the U.S. economic expansion has entered...
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December 09, 2019 - 2:32 pm
RIYADH, Saudi Arabia (AP) — Saudi Arabia will reduce spending in 2020 as the budget deficit widens to $49 billion amid sluggish oil prices and deeper curbs on oil production by the heavyweight producer. King Salman announced Monday expenditures will reach $272 billion next year, a nearly 8%...
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FILE- In this Dec. 5, 2019, file photo trader James MacGilvray works on the floor of the New York Stock Exchange. Stocks are opening mixed on Wall Street on Monday, Dec. 9, as investors weighed the possibility of more U.S. tariffs on China kicking in. (AP Photo/Richard Drew, File)
December 09, 2019 - 1:29 pm
U.S. stock indexes edged lower in afternoon trading Monday as investors waited for the latest updates about trade negotiations and the economy. Health care and technology stocks accounted for much of the selling. Those losses outweighed gains in companies that rely on consumer spending and...
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Speaker of the House Nancy Pelosi, D-Calif., discusses her recent visit to the UN Climate Change Conference in Madrid, Spain, during a news conference with the congressional delegation to that summit, at the Capitol in Washington, Friday, Dec. 6, 2019. (AP Photo/J. Scott Applewhite)
December 09, 2019 - 1:03 pm
WASHINGTON (AP) — House Democrats have reached a tentative agreement with labor leaders and the White House over a rewrite of the U.S.-Mexico-Canada trade deal that has been a top priority for President Donald Trump. That's according to a Democratic aide not authorized to discuss the talks and...
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FILE- In this Dec. 5, 2019, file photo trader James MacGilvray works on the floor of the New York Stock Exchange. Stocks are opening mixed on Wall Street on Monday, Dec. 9, as investors weighed the possibility of more U.S. tariffs on China kicking in. (AP Photo/Richard Drew, File)
December 09, 2019 - 12:02 pm
NEW YORK (AP) — U.S. stocks are mostly lower in afternoon trading Monday as investors waited for the latest updates about trade negotiations and the economy. Wall Street is particularly focused on developments in the trade war ahead of a new round of tariffs on $160 billion of Chinese imports due...
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Speaker of the House Nancy Pelosi, D-Calif., discusses her recent visit to the UN Climate Change Conference in Madrid, Spain, during a news conference with the congressional delegation to that summit, at the Capitol in Washington, Friday, Dec. 6, 2019. (AP Photo/J. Scott Applewhite)
December 09, 2019 - 11:57 am
WASHINGTON (AP) — House Democrats have reached a tentative agreement with labor leaders and the White House over a rewrite of the U.S.-Mexico-Canada trade deal that has been a top priority for President Donald Trump. That's according to a Democratic aide not authorized to discuss the talks and...
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Speaker of the House Nancy Pelosi, D-Calif., discusses her recent visit to the UN Climate Change Conference in Madrid, Spain, during a news conference with the congressional delegation to that summit, at the Capitol in Washington, Friday, Dec. 6, 2019. (AP Photo/J. Scott Applewhite)
December 09, 2019 - 11:43 am
WASHINGTON (AP) — House Democrats have reached a tentative agreement with labor leaders and the White House over a rewrite of the U.S.-Mexico-Canada trade deal that has been a top priority for President Donald Trump. That's according to a Democratic aide not authorized to discuss the talks and...
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FILE- In this Dec. 5, 2019, file photo trader James MacGilvray works on the floor of the New York Stock Exchange. Stocks are opening mixed on Wall Street on Monday, Dec. 9, as investors weighed the possibility of more U.S. tariffs on China kicking in. (AP Photo/Richard Drew, File)
December 09, 2019 - 10:29 am
NEW YORK (AP) — U.S. stocks wobbled between small gains and losses in early trading Monday as investors waited for the latest updates about trade negotiations and the economy. Wall Street is particularly focused on developments in the trade war ahead of a new round of tariffs on $160 billion of...
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December 09, 2019 - 9:43 am
Paul Volcker, the former Federal Reserve chairman who in the early 1980s raised interest rates to historic highs and triggered a recession as the price of quashing double-digit inflation, died, according to his office. He was 92. Volcker took charge of the Fed in August 1979, when the U.S. economy...
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Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Dec. 9, 2019. Asian shares were mostly higher Monday cheered by a buying mood on Wall Street that came at the end of last week. (AP Photo/Ahn Young-joon)
December 09, 2019 - 8:10 am
Tokyo (AP) — Stock markets weakened during European trading on Monday as investors weighed the possibility of more U.S. tariffs on China and the outlook for negotiations on the trade dispute. A Chinese official said that Beijing wants a prompt settlement of its trade war with Washington as another...
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