Government finance

FILE - In this July 4, 2019, photo, Chinese magazines with front covers featuring Chinese President Xi Jinping and U.S. President Donald Trump on trade war are placed for sale at a roadside bookstand in Hong Kong. China on Thursday, Aug. 15, 2019 threatened retaliation if Washington steps up their war over trade and technology by going ahead with planned Sept. 1 tariff hikes on additional Chinese imports. (AP Photo/Andy Wong, File)
August 15, 2019 - 5:03 am
HONG KONG (AP) — Hong Kong's government announced tax cuts and higher social spending Thursday to reverse a deepening economic slump aggravated by anti-government protests and the U.S.-Chinese tariff war. The territory's financial secretary, Paul Chan, cut this year's official growth forecast to...
Read More
People are reflected in a window as they walk past the Australian Stock Exchange in Sydney, Thursday, Aug. 15, 2019. Asian stock markets followed Wall Street lower on Thursday after the Dow Jones Industrial Average plunged on mounting fears of a possible recession. (AP Photo/Rick Rycroft)
August 15, 2019 - 1:35 am
BEIJING (AP) — Global stock markets were mostly lower Thursday after Wall Street fell on mounting fears of a possible recession. Benchmarks in London, Tokyo and Sydney declined while Shanghai closed higher after spending most of the day in negative territory. Frankfurt was unchanged. U.S. investors...
Read More
August 14, 2019 - 1:21 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. The Dow Jones Industrial Average sank 800 points after the bond market flashed a warning sign about a possible recession for the first time since 2007. The yield on the 10-year Treasury briefly dropped below...
Read More
FILE - In this July 14, 2014, file photo, Todd Chrisley attends the NBC 2014 Summer TCA at the Beverly Hilton Hotel in Beverly Hills, Calif. A federal grand jury in Atlanta on Tuesday, Aug. 13, 2019, indicted reality television star Chrisley on tax evasion and other charges. (Photo by Richard Shotwell/Invision/AP, File)
August 14, 2019 - 8:25 am
ATLANTA (AP) — Reality television stars Todd and Julie Chrisley are due in court on tax evasion and other federal charges. An initial appearance for the "Chrisley Knows Best" stars was scheduled for Wednesday afternoon. The 12-count indictment also accuses the pair of conspiracy, bank fraud and...
Read More
FILE - In this Tuesday, Aug. 13, 2019, file photo trader Andrew Silverman works on the floor of the New York Stock Exchange. The threat of a recession doesn’t seem so remote anymore, and stocks sank Wednesday after the bond market threw up one of its last remaining warning flags on the economy’s health. (AP Photo/Richard Drew, File)
August 14, 2019 - 7:19 am
NEW YORK (AP) — Stocks sank Wednesday after the bond market threw up one of its last remaining warning flags on the economy. The yield on the 10-year Treasury briefly dropped below the two-year Treasury's yield Wednesday morning. It's rare for short-term yields to rise above longer-term ones, and...
Read More
FILE - In this July 30, 2019 file photo, trader Gregory Rowe works on the floor of the New York Stock Exchange. An economic alarm bell is sounding in the U.S. and sending warnings of a potential recession. Yields on 2-year and 10-year Treasury notes inverted early Wednesday, Aug. 14, a market phenomenon that shows investors want more in return for short-term government bonds than they are for long-term bonds. (AP Photo/Richard Drew)
August 14, 2019 - 6:48 am
NEW YORK (AP) — An economic alarm bell has sounded in the U.S., sending warning signs of a possible recession ahead. Yields on 2-year and 10-year Treasury notes inverted early Wednesday, a market phenomenon that shows investors want more in return for short-term government bonds than they are for...
Read More
FILE - In this Thursday, May 16, 2019 photo cars for export and import are stored in front of containers at the harbor in Bremerhaven, Germany. The German economy shrank by 0.1 percent in the second quarter as global trade conflicts and troubles in the auto industry weighed on Europe's largest economy. (AP Photo/Martin Meissner, file)
August 14, 2019 - 2:21 am
FRANKFURT, Germany (AP) — The German economy shrank by 0.1 percent in the second quarter from the previous three-month period as global trade conflicts and troubles in the auto industry weighed on Europe's largest economy. The state statistics agency Destatis said Wednesday that falling exports...
Read More
FILE - In this March 6, 2019, file photo a staff member works on a mobile phone production line during a media tour in Huawei factory in Dongguan, China's Guangdong province. Huawei Technologies Co. is one of the world's biggest supplier of telecommunications equipment. The United States is delaying tariffs on Chinese-made cellphones, laptop computers and other items and removing other Chinese imports from its target list altogether in a move that triggered a rally on Wall Street. (AP Photo/Kin Cheung, File)
August 13, 2019 - 1:38 pm
WASHINGTON (AP) — Responding to pressure from businesses and growing fears that a trade war is threatening the U.S. economy, the Trump administration is delaying most of the import taxes it planned to impose on Chinese goods and is dropping others altogether. The announcement Tuesday from the...
Read More
FILE - In this July 21, 2015 file photo San Jose Mayor Sam Liccardo, center, attends a conference on Modern Slavery and Climate Change at the Vatican. Liccardo, on Monday, Aug. 12, 2019, has proposed gun owners in the nation's 10th largest city to carry liability insurance to cover taxpayer costs associated with firearm violence. If approved, Liccardo's strict new measure would be the first of its kind in the nation to curb gun violence. (AP Photo/Gregorio Borgia,File)
August 13, 2019 - 10:42 am
SAN JOSE, Calif. (AP) — The mayor of San Jose has proposed requiring gun owners in the nation's 10th largest city to carry liability insurance to cover taxpayer costs associated with firearm violence. If approved, Mayor Sam Liccardo's strict new measure proposed Monday would be the first of its...
Read More
FILE - This July 16, 2019, file photo shows the Capitol Dome in Washington. On Monday, Aug. 12, the Treasury Department releases federal budget data for July. (AP Photo/Carolyn Kaster, File)
August 12, 2019 - 11:01 am
WASHINGTON (AP) — The U.S. government's budget deficit rose by $183 billion to $867 billion during the first 10 months of this budget year as spending grew more than twice as fast as tax collections. The Treasury Department say the deficit for the current fiscal year through July is up 27% from the...
Read More

Pages