Government debt

FILE - In this June 28, 2019, file photo, Matt Adams, center right, Legal Director of the Northwest Immigrant Rights Project, leaves the U.S. Courthouse with others after a hearing on asylum seekers in Seattle. On Tuesday, July 2, 2019, a federal judge in Seattle has blocked a Trump administration policy that would keep thousands of asylum seekers locked up while they pursue their cases. (AP Photo/Elaine Thompson, File)
July 02, 2019 - 5:09 pm
SEATTLE (AP) — A federal judge in Seattle on Tuesday blocked a Trump administration policy that would keep thousands of asylum-seekers locked up while they pursue their cases, saying the Constitution demands that such migrants have a chance to be released from custody. U.S. District Judge Marsha...
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FILE - This July 10, 2018 file photo shows a sign that reads "Families Belong Together" on a fence outside the Northwest Detention Center in Tacoma, Wash. A federal judge in Seattle on Friday, June 28, 2019, is hearing a challenge to a new Trump administration policy that would keep thousands of asylum seekers locked up while they pursue their cases, instead of allowing them to be released on bond. (AP Photo/Ted S. Warren, File)
June 28, 2019 - 8:39 am
SEATTLE (AP) — A federal judge in Seattle on Friday will hear a challenge to a new Trump administration policy that would keep thousands of asylum seekers locked up while they pursue their cases, instead of allowing them to be released on bond. Attorney General William Barr announced the policy in...
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Senate Majority Leader Mitch McConnell, R-Ky., joined by his GOP leadership team, answers questions on Iran and the withdrawal of acting Defense Secretary Patrick Shanahan, during a news conference at the Capitol in Washington, Tuesday, June 18, 2019. (AP Photo/J. Scott Applewhite)
June 18, 2019 - 4:17 pm
WASHINGTON (AP) — The top Republican and Democrat on a key Senate panel have agreed on a $4.6 billion measure to house and care for immigrant refugees flocking across the U.S.-Mexico border — a long-delayed step toward averting a humanitarian tragedy at overcrowded and inadequate federal facilities...
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In this June 13, 2019 file photo, Speaker of the House Nancy Pelosi, D-Calif., speaks during a news conference on Capitol Hill in Washington. While Speaker Pelosi says Congress shouldn’t impeach for political reasons or not impeach for political reasons, political considerations overhang the decision making. (AP Photo/J. Scott Applewhite)
June 13, 2019 - 10:24 am
WASHINGTON (AP) — Speaker Nancy Pelosi said Thursday that the Democratic-controlled House won't pass must-do legislation to increase the government's borrowing cap until the Trump administration agrees to boost spending limits on domestic programs. The California Democrat said she'll agree to...
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June 13, 2019 - 7:08 am
BRUSSELS (AP) — European Union finance ministers urged Italy Thursday to respect its pledges to bring its blown-out deficit back into line with EU rules amid threats of possible legal action against the country. "We need to reassure everyone — Italian citizens, firms, European investors — that the...
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FILE - This April 13, 2019, file photo, shows rows of homes, in suburban Salt Lake City. On Thursday, June 6, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Rick Bowmer, File)
June 06, 2019 - 8:53 am
WASHINGTON (AP) — U.S. long-term mortgage rates fell for the sixth consecutive week, with the key 30-year loan average running below 4% and at its lowest point since September 2017. The declining rates have been a boon to potential purchasers in the spring home buying season, and the number of...
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FILE- In this Aug. 24, 2015, file photo specialist Frank Masiello is reflected in his screen on the floor of the New York Stock Exchange. The bond market is getting another whiff of a recession Bonds are supposed to be the boring corner of the finance world, but even high-flying stock investors stop and pay attention when they fall into a particular, concerning pattern. It’s called an “inverted yield curve,” and it happens when investors are willing to accept lower yields for long-term U.S. government bonds than for short-term debt. It’s been a relatively reliable predictor for recessions, and it’s happening again.(AP Photo/Richard Drew, FIle)
May 30, 2019 - 8:02 am
NEW YORK (AP) — The scent of a possible recession is wafting through the bond market again. Bonds are supposed to be the boring corner of the finance world, but even high-flying stock investors stop and pay attention when they fall into a particular, concerning pattern. It's called an "inverted...
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Trader Jonathan Corpina works on the floor of the New York Stock Exchange, Wednesday, May 29, 2019. Stocks are getting off to a weak start on Wall Street led by drops in technology and health care companies. (AP Photo/Richard Drew)
May 29, 2019 - 9:34 am
NEW YORK (AP) — U.S. stocks sped toward their first monthly loss of 2019 as investors continued shifting money into the safety of bonds while fleeing high-risk holdings in the technology and industrial sectors. Every major index and sector fell in midday trading on Wall Street Wednesday, putting...
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European flags blow in front of the European Central Bank as the sun rises in Frankfurt, Germany, Sunday, May 26, 2019. (AP Photo/Michael Probst)
May 29, 2019 - 1:04 am
FRANKFURT, Germany (AP) — The European Central Bank says that challenges to financial stability in the eurozone have risen amid risks to growth from trade tensions, and warns that indebted governments such as Italy could run into trouble if they don't heed rules limiting debt and deficits. The...
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Italian Interior Minister and Deputy-Premier, Matteo Salvini, attends a press conference at the foreign press association in Milan, Italy, Friday, May 17, 2019. (AP Photo/Antonio Calanni)
May 17, 2019 - 9:57 am
MILAN (AP) — The leader of Italy's right-wing League party on Friday rejected the label "far-right" for an alliance of like-minded populist leaders that are aiming to join forces and weaken European Union bureaucracy after next week's elections across the bloc. Matteo Salvini will lead a rally...
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