Government debt

FILE - In this Sept. 20, 2018, file photo, former Malaysian Prime Minister Najib Razak walks out of courtroom after a court hearing at Kuala Lumpur High Court in Kuala Lumpur, Malaysia. Malaysia says it has filed criminal charges against Goldman Sachs and two of its employees in connection with a multibillion-dollar scandal involving state investment fund 1MDB. Najib launched 1MDB in 2009 to promote economic development but it racked up billions of dollars in debts that have led to investigations in the U.S. and several other countries. (AP Photo/Yam G-Jun, FIle)
December 17, 2018 - 4:53 am
KUALA LUMPUR, Malaysia (AP) — Malaysia filed criminal charges against Goldman Sachs and two former executives on Monday for their role in the alleged multibillion-dollar ransacking of state investment fund 1MDB. Attorney General Tommy Thomas said the government is seeking several billion dollars in...
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File - This June 21, 2017, file photo shows a women's area at the Northwest Detention Center in Tacoma, Wash., during a media tour of the facility. The federal facility, operated under contract by The GEO Group, is used to house people detained on immigration and other violations. A federal judge says immigrant rights activists can continue to challenge what they describe as unlawful U.S. government delays for asylum cases. U.S. District Judge Marsha Pechman in Seattle dismissed some arguments raised by the lawsuit in a ruling Tuesday, Dec. 11, 2018. (AP Photo/Ted S. Warren, File)
December 12, 2018 - 12:42 pm
SEATTLE (AP) — Immigrant rights activists can continue to challenge what they describe as unlawful U.S. government delays in asylum cases, a federal judge has ruled. U.S. District Judge Marsha Pechman in Seattle dismissed some arguments raised by the lawsuit in a ruling Tuesday, but she said the...
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A man stands next an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Wednesday, Dec. 5, 2018. Shares were moderately lower in Asia on Wednesday following a bloodletting on Wall Street as goodwill generated by a truce between the U.S. and China over trade evaporated in confusion over exactly what the two sides had agreed upon.(AP Photo/Vincent Yu)
December 04, 2018 - 8:04 pm
BEIJING (AP) — Asian stocks sank Wednesday after Wall Street plunged amid confusion about what Washington and Beijing agreed to in a tariff cease-fire. KEEPING SCORE: Hong Kong's Hang Seng index fell 1.6 percent to 26,840.74 points and the Shanghai Composite Index lost 0.7 percent to 2,647.55...
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FILE- In this Nov. 28, 2018, file photo specialist Michael Pistillo watches the screens at his post on the floor of the New York Stock Exchange. One of the most reliable warning signals for recession just got a bit brighter. It lies in the bond market, and when it’s turned on at full-brightness, it has preceded every one of the U.S. economy’s recessions for more than half a century. (AP Photo/Richard Drew, File)
December 04, 2018 - 3:50 pm
NEW YORK (AP) — One of the most reliable warning signals for a recession just got a bit brighter. The signal is called the "yield curve," and it shows how the bond market is feeling about the U.S. economy's long-term prospects. On Tuesday the yield curve signaled caution and, along with worries...
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FILE - In this June 12, 2012 file photo, former President George H.W. Bush, and his wife, former first lady Barbara Bush, arrive for the premiere of HBO's new documentary on his life near the family compound in Kennebunkport, Maine. Bush has died at age 94. Family spokesman Jim McGrath says Bush died shortly after 10 p.m. Friday, Nov. 30, 2018, about eight months after the death of his wife, Barbara Bush. (AP Photo/Charles Krupa, File)
December 01, 2018 - 4:02 am
WASHINGTON (AP) — George Bush was a man with a matchless resume — combat pilot, diplomat, vice president, then president of the United States — but great communicator was not on the list. That was Ronald Reagan. "Fluency in English is not something I'm often accused of," he once said, demonstrating...
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November 29, 2018 - 1:40 pm
SAN JUAN, Puerto Rico (AP) — The U.S. territory of Puerto Rico said Thursday that it has completed its first debt-restructuring deal since the government announced it was bankrupt more than three years ago, giving creditors overall $550 in new bonds for each $1,000 they had held. The agreement was...
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Sen. Lamar Alexander listens as Department of Education Secretary Betsy DeVos speaks to students at Sevier County High School, Tuesday, Nov. 13, 2018, in Sevierville, Tenn. The pair spoke about the newly launched myStudentAid mobile application. (Robert Berlin/The Daily Times via AP)
November 27, 2018 - 11:37 am
WASHINGTON (AP) — Education Secretary Betsy DeVos said Tuesday that ballooning student debt has caused a "crisis in higher education," and that the traditional path to college might not be the best choice for all students. DeVos made the comments in Atlanta at a training conference for the...
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November 23, 2018 - 10:26 am
NEW YORK (AP) — The latest on developments in financial markets (all times local): ____ 1:00 p.m. Stocks are closing lower in a shortened session Friday as energy stocks fall along with the price of oil. The S&P 500 closed in what's known on Wall Street as a correction — 10 percent below its...
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Italian Premier Giuseppe Conte, center, check his phone as he is flanked by his two deputies Luigi Di Maio, left, and Matteo Salvini, sipping a coffee, during a discussion on an anticorruption decree, at the Lower Chamber of Deputies, in Rome, Wednesday, Nov. 21, 2018. (Giuseppe Lami/ANSA via AP)
November 22, 2018 - 4:25 am
MILAN (AP) — Investors are snubbing Italian bonds as a battle heats up between the nation's populist government and the European Commission over the country's budget. Orders for the four-year Italian bonds on Thursday reached 2.16 billion euros ($2.47 billion), well below the more than 8 billion...
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Italian Economy Minister Giovanni Tria listens to reporters' questions during a joint press conference with Portuguese Finance Minister and head of the Eurogroup Mario Centeno, in Rome, Friday, Nov. 9, 2018. Tria told lawmakers Friday that Italy will stick to its 2019 budget plan, despite EU officials' concerns about a big increase in spending. (AP Photo/Andrew Medichini)
November 13, 2018 - 8:15 am
MILAN (AP) — The International Monetary Fund has warned the Italian government that its plan to sharply increase spending carries "substantial" risks and would leave the country vulnerable to market turmoil. Hours before the Italian populist government faced a deadline to submit a revised budget...
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