Fiscal policy

FILE- In this July 17, 2018, file photo Federal Reserve Board Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs on "The Semiannual Monetary Policy Report to the Congress," at Capitol Hill in Washington. On Wednesday, Sept. 26, the Federal Reserve issues its latest policy statement and updates its interest-rate and economic projections before Powell holds a news conference. (AP Photo/Jose Luis Magana, FIle)
September 26, 2018 - 3:28 am
WASHINGTON (AP) — The Federal Reserve is set Wednesday to raise interest rates for a third time this year and possibly modify the likely direction of rates in the months ahead. The big question is whether the strong U.S. economy, which has been fueled this year by tax cuts and increased government...
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From left, Sen. Patrick Leahy, D-Vt., questions Supreme Court nominee Brett Kavanaugh about his time in the White House, as Sen. Dick Durbin, D-Ill., center and Sen. Sheldon Whitehouse, D-R.I., right, listen during the second day of his confirmation hearing before the Senate Judiciary Committee, on Capitol Hill in Washington, Wednesday, Sept. 5, 2018. (AP Photo/J. Scott Applewhite)
September 18, 2018 - 1:59 pm
WASHINGTON (AP) — The Senate on Tuesday approved a wide-ranging, $854 billion bill that funds the military and a host of civilian agencies for the next year and provides a short-term fix to keep the government open through early December. The measure includes $675 billion for the Defense Department...
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Zimbabwe Health Minister Obadiah Moyo washes his hands before entering a cholera quarantine area in Harare, Friday, Sept. 14, 2018, after a cholera emergency was declared in Zimbabwe's capital following the deaths of more than 20 people. The deaths in Harare have many fearing a repeat of the outbreak that killed thousands in 2008.(AP Photo/Tsvangirayi Mukwazhi)
September 14, 2018 - 12:00 pm
HARARE, Zimbabwe (AP) — Zimbabwe's new government is battling criticism over a cholera outbreak that has killed at least 25 people. A crowdfunding initiative by the finance minister amid reports of government spending on new vehicles for Cabinet members has only swelled public anger. Some local non...
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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 - 4:39 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 - 1:04 am
FRANKFURT, Germany (AP) — The European Central Bank is expected to ratchet back its stimulus efforts again on Thursday as it gingerly phases out extraordinary support for the economy left over from the Great Recession and the euro currency union's debt crisis. The bank's 25-member governing council...
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FILE- In this Wednesday, June 20, 2018, file photo, Jason Joshua waits on customers at Zak the Baker in Miami. Americans who quit to take new jobs are enjoying pay raises that are one-third larger than raises for workers who stay put, a gap that has reached the widest point since the Great Recession. At the same time, retail and restaurant workers are receiving more generous raises than manufacturing workers are. (AP Photo/Lynne Sladky, File)
September 07, 2018 - 6:36 am
WASHINGTON (AP) — U.S. employers likely hired at a healthy pace in August, emboldened by brisk consumer spending and an economy that keeps growing steadily. Economists have forecast that employers added 189,000 jobs in August and that the unemployment rate dipped from an already-low 3.9 percent to...
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Britain's Prime Minister Theresa May inspects the honour guard after arriving to meet with Kenya's President Uhuru Kenyatta at State House in Nairobi, Kenya Thursday, Aug. 30, 2018. The British prime minister is on a three-country Africa visit with a large business delegation as Britain seeks to boost economic ties ahead of a bumpy exit from the European Union in March. (AP Photo/Ben Curtis)
August 30, 2018 - 9:25 am
NAIROBI, Kenya (AP) — British Prime Minister Theresa May on Thursday became the first UK leader to visit Kenya in 30 years, bringing security and development funding to East Africa's commercial hub and neighboring Somalia as Britain seeks to boost economic ties ahead of a bumpy exit from the...
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In this June 19, 2018 photo, several ship to shore cranes stack shipping containers on-board the container ship Maersk Semarang while three Ever Green Line refrigerated containers wait to be loaded onto another ship at the Port of Savannah in Savannah, Ga. On Wednesday, Aug. 29, the Commerce Department issues the second of three estimates of how the U.S. economy performed in the April-June quarter. (AP Photo/Stephen B. Morton)
August 29, 2018 - 11:15 am
WASHINGTON (AP) — The U.S. economy grew at a strong 4.2 percent annual rate in the April-June quarter, the best showing in nearly four years, as growth stayed on track to produce its strongest full-year gain in more than a decade. Strength in business investment offset slightly slower consumer...
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August 23, 2018 - 5:39 pm
WASHINGTON (AP) — The Senate has approved an $854 billion measure that funds much of the government, including $675 billion for the Defense Department. The bill combines military spending with disbursements for Health and Human Services, Education, Labor and other agencies. The bill was approved,...
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August 23, 2018 - 8:00 am
FRANKFURT, Germany (AP) — European Central Bank policymakers are viewing slower than expected growth as a temporary hiccup and believe that the 19-country eurozone's upswing remains solid amid strengthening wage growth. The written account of the bank's July 26 meeting, released Thursday, says...
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