Government finance

September 19, 2018 - 3:21 am
BRUSSELS (AP) — The European Union has ruled that Luxembourg did not give the U.S. fast food giant McDonald's a special sweet tax deal and that the non-taxation of some of its profits did not amount to illegal state aid. The EU Commission ended a probe that started in 2015 by saying on Wednesday...
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In this Sept. 13, 2018, photo, a container ship sails past the city skyline of Qingdao in eastern China's Shandong province. The Trump administration announced Monday, Sept. 17, 2018, that it will impose tariffs on $200 billion more in Chinese goods starting next week, escalating a trade war between the world's two biggest economies and potentially raising prices on goods ranging from handbags to bicycle tires. (Chinatopix via AP)
September 18, 2018 - 11:26 am
BEIJING (AP) — The U.S.-China trade war escalated further Tuesday, with China announcing retaliatory tax increases on $60 billion worth of U.S. imports, including coffee, honey and industrial chemicals. The increases are in response to the U.S. announcing it will impose tariffs on $200 billion...
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In this Sunday, Sept. 16, 2018, photo, a driver looks out from his trishaw decorated with an American flag and Chinese flags in Beijing. Chinese news reports have quoted a former finance minister as saying Beijing can disrupt American companies' operations by imposing "export controls" if it needs more leverage in its mounting tariff dispute with Washington. (AP Photo/Andy Wong)
September 17, 2018 - 4:10 pm
WASHINGTON (AP) — The Trump administration will impose tariffs on $200 billion more in Chinese goods starting next week, escalating a trade war between the world's two biggest economies and potentially raising prices on consumer goods ranging from handbags to bicycle tires. The tariffs will start...
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FILE - This 2010 file photo shows Exelon Corp.'s Oyster Creek Generating Station, a nuclear power plant in Lacey Township, N.J. America’s oldest nuclear power plant is shutting down Monday, Sept. 17, 2018. (Peter Ackerman/The Asbury Park Press via AP, File)
September 17, 2018 - 3:18 pm
LACEY TOWNSHIP, N.J. (AP) — A nuclear power plant long considered to be the oldest in America shut down Monday, the victim of its age and inability to compete with newer, cheaper gas-fired power plants. The Oyster Creek Nuclear Generating Station in New Jersey went offline at noon Monday, powering...
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Oceanfront homes sit over rough surf from tropical storm Florence in Nags Head NC., Saturday, Sept. 15, 2018. (AP Photo/Steve Helber)
September 15, 2018 - 7:55 pm
MYRTLE BEACH, S.C. (AP) — The Latest on Tropical Storm Florence (all times local): 10:55 p.m. Heavy rains from Tropical Storm Florence are producing flash flooding and major river flooding in the southeastern part of North Carolina. The National Hurricane Center says excessive amounts of rain are...
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House Speaker Paul Ryan of Wis., attends a news conference, Thursday, Sept. 13, 2018, in Washington. Ryan is rejecting President Donald Trump's assertion an official government death toll for last year’s hurricane in Puerto Rico is wrong. The Wisconsin Republican says he has "no reason to dispute" a study that found nearly 3,000 people on the island died from Hurricane Maria last year. (AP Photo/Jacquelyn Martin)
September 13, 2018 - 1:39 pm
WASHINGTON (AP) — As a potentially catastrophic hurricane takes aim at the Carolinas, Congress is trying to head off a legislative disaster that could lead to a partial government shutdown weeks before the November elections. The House on Thursday approved a $147 billion package to fund the Energy...
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September 13, 2018 - 12:30 pm
WASHINGTON (AP) — House lawmakers are debating a Republican proposal to expand the new tax law by making permanent the individual tax cuts now set to expire in 2026. But the move is undercut by election pressures faced by GOP lawmakers from high-tax states where residents are hurt by the law's...
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FILE- In this Sept. 3, 2018, file photo an American flag flies on the U.S. Capitol in Washington. On Thursday, Sept. 13, the Treasury Department releases federal budget data for August. (AP Photo/J. Scott Applewhite, File)
September 13, 2018 - 11:45 am
WASHINGTON (AP) — The federal government racked up a $214.1 billion deficit in August, double the red ink from a year ago, although a big part of that increase reflected quirks in the calendar. The Treasury Department said Thursday the August deficit pushed the deficit for the first 11 months of...
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September 12, 2018 - 6:18 pm
WASHINGTON (AP) — As a major hurricane menaces the East Coast, Congress is moving to avert a legislative disaster that could lead to a partial government shutdown just weeks before the November midterm elections. Senators approved a $147 billion package Wednesday night to fund the Energy Department...
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FILE - In this Sept. 7, 2018 file photo, New Hampshire Republicans Stewart Levenson, left, and state Rep. Steve Negron participate in the 2nd Congressional District debate at Saint Anselm College in Manchester, N.H. Levenson conceded the race to Negron in the Sept. 11 Republican primary. (Thomas Roy/The Union Leader via AP, Pool, File)
September 12, 2018 - 8:13 am
CONCORD, N.H. (AP) — The Latest on the New Hampshire primary election (all times local): 10:35 a.m. A state lawmaker who served in the Air Force and worked in the defense industry has won the Republican nomination for the state's 2nd Congressional District and will face Democratic incumbent Annie...
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