Government business and finance

FILE - This Feb. 5, 2018, file photo shows the seal of the Board of Governors of the United States Federal Reserve System at the Marriner S. Eccles Federal Reserve Board Building in Washington. Judy Shelton, President Donald Trump's nominee to the Federal Reserve touted her credentials in written testimony Thursday, Feb. 13, 2020, and said she would “work collegially” if approved. She will likely face tough questioning by the Senate Banking Committee Thursday, which is considering her nomination. (AP Photo/Andrew Harnik, File)
February 13, 2020 - 3:17 pm
WASHINGTON (AP) — One of President Donald Trump's nominees for the Federal Reserve came under sharp questioning Thursday from senators over her unorthodox economic views, including from two Republicans whose doubts about her nomination could imperil it. The nominee, Judy Shelton, sought to make her...
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FILE - In this Feb. 2, 2020 file photograph, the company logo sits on an unsold 2020 Model X at a Tesla dealership in Littleton, Colo. Shares of Tesla Inc. fell 4% in early trading Thursday, Feb. 13, after the electric vehicle and solar panel maker said it would sell more than $2 billion worth of additional shares. The move comes just two weeks after CEO Elon Musk said the company had enough cash to fund its capital programs and it didn't need to raise any more money. (AP Photo/David Zalubowski, File)
February 13, 2020 - 12:49 pm
DETROIT (AP) — Tesla said that is selling $2 billion worth of additional stock, that its U.S. revenue fell last year and that securities regulators are scrutinizing its finances. All of the developments Thursday were disclosed in filings with U.S. Securities and Exchange Commission, which in...
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British lawmaker Sajid Javid Chancellor of the Exchequer walks along Downing Street in London, Thursday, Feb. 13, 2020. British Prime Minister Boris Johnson shook up his government on Thursday, firing and appointing ministers to key Cabinet posts. Johnson was aiming to tighten his grip on government after winning a big parliamentary majority in December's election. That victory allowed Johnson to take Britain out of the European Union in January. (AP Photo/Matt Dunham)
February 13, 2020 - 9:54 am
LONDON (AP) — U.K. Treasury chief Sajid Javid unexpectedly resigned on Thursday after resisting a reduction in his power, as Prime Minister Boris Johnson sought to tighten his grip on the government with a Cabinet shake-up. Javid had been widely expected to keep his job — the second most powerful...
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European Commission President Ursula von der Leyen delivers her speech during a debate on a proposed mandate for negotiations for a new partnership with the United Kingdom of Great Britain and Northern Ireland, at the European Parliament in Strasbourg, eastern France, Tuesday, Feb.11, 2020. (AP Photo/Jean-Francois Badias)
February 13, 2020 - 2:51 am
BERLIN (AP) — European Commission President Ursula von der Leyen will testify Thursday before a German parliamentary committee investigating whether there was wrongdoing in the use of external experts during her time as defense minister. Von der Leyen was Germany's defense minister from late 2013...
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Senate Banking Committee Chairman Sen. Mike Crapo, R-Idaho, left, talks with ranking member Sen. Sherrod Brown, D-Ohio, right, during a hearing with Federal Reserve Chairman Jerome Powell on Capitol Hill in Washington, Wednesday, Feb. 12, 2020. (AP Photo/Susan Walsh)
February 13, 2020 - 12:01 am
WASHINGTON (AP) — One of President Donald Trump's nominees for the Federal Reserve will likely face skeptical questioning from a Senate committee Thursday over her unconventional economic views. Trump has nominated Judy Shelton for the Fed's Board of Governors, a position with significant influence...
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President Donald Trump and first lady Melania Trump welcome Ecuadorian President Lenin Moreno and his wife Rocio Gonzalez to the White House, Wednesday, Feb. 12, 2020, in Washington. (AP Photo/Evan Vucci)
February 12, 2020 - 4:37 pm
WASHINGTON (AP) — President Donald Trump said Wednesday that he's working on a trade deal with Ecuador's President Lenin Moreno, who became the first chief of state from the small South American nation in 17 years to meet with an American president in Washington. “They have incredible product,"...
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Senior Advisor to the President, Ivanka Trump, right, joined by Secretary of State Mike Pompeo, speaks during the Women's Global Development and Prosperity Initiative one-year anniversary event at the State Department in Washington, Wednesday, Feb. 12, 2020. A Republican and a Democratic senator are leading a legislative effort to have a global women's economic initiative spearheaded by President Donald Trump's daughter Ivanka written into law. The senior White House adviser made the announcement Wednesday during a State Department anniversary event for her Women's Global Development and Prosperity Initiative. (AP Photo/Luis M. Alvarez)
February 12, 2020 - 1:50 pm
WASHINGTON (AP) — Two senators — one Republican and one Democrat — are leading a legislative effort to have a global women's initiative spearheaded by President Donald Trump's daughter Ivanka written into law. Sens. Lindsey Graham, R.-S.C., and Jeanne Shaheen, D-N.H., are behind the effort, the...
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FILE - In this May 5, 2019 file photo, Democratic presidential contender Pete Buttigieg holds a town hall in North Charleston, South Carolina. Democratic presidential contender Pete Buttigieg is picking up his first endorsement among South Carolina’s black lawmakers as attention in the early voting contest turns toward more diverse states. Buttigieg‘s campaign announced Wednesday that the former South Bend, Indiana, mayor would be receiving backing from state Rep. JA Moore, a Democrat from Charleston. (AP Photo/Meg Kinnard)
February 12, 2020 - 10:01 am
COLUMBIA, S.C. (AP) — Democratic presidential contender Pete Buttigieg is picking up his first endorsement among South Carolina’s black lawmakers as attention in the early voting contest turns toward more diverse states. Buttigieg‘s campaign announced Wednesday that the former South Bend, Indiana,...
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February 12, 2020 - 6:57 am
BRUSSELS (AP) — The European Union is threatening to punish Cambodia with sanctions for what it sees as human rights and trade union violations. The EU Commission said it wants to withdraw key tariff preferences that amount to about one-fifth of the billion euros ($1.1 billion) the Asian nation...
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The moon rises behind the ancient Acropolis hill with the 500 BC Parthenon temple in Athens, on Saturday, Feb. 8, 2020. (AP Photo/Petros Giannakouris)
February 12, 2020 - 6:53 am
Greece's 10-year government bond yield has fallen below 1% for the first time, bolstering the country's effort to ease strict budget conditions set by bailout lenders. The yield dropped Wednesday to 0.957% but remains among the highest borrowing rates in the 19-country eurozone and roughly level...
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