Government finance

FILE - In this May 10, 2018, file photo, Manhattan District Attorney Cyrus R. Vance, Jr., responds to a question during a news conference in New York. Vance is pushing back against the Justice Department in the latest legal battle over President Donald Trump's tax returns. Vance's office filed court papers Thursday, Oct. 3, 2019 saying federal prosecutors are interfering in a lawsuit Trump filed to shield his financial records from a state grand jury investigation. (AP Photo/Frank Franklin II, File)
October 07, 2019 - 10:54 am
NEW YORK (AP) — The Latest on a ruling that President Donald Trump must turn over his tax returns (all times local): 10:55 a.m. An appeals court has temporarily blocked the release of President Donald Trump's tax returns to New York state investigators. The 2nd U.S. Circuit Court of Appeals in...
Read More
Portuguese Prime Minister and Socialist Party leader Antonio Costa, center right, with his wife Fernanda Tadeu, center, and Lisbon Mayor Fernando Medina, left, wave to supporters during an election campaign action in downtown Lisbon Friday, Oct. 4, 2019. Portugal will hold a general election on Oct. 6 in which voters will choose members of the next Portuguese parliament. The ruling Socialist Party hopes an economic recovery during its four years of governing will persuade voters to return the party to power. (AP Photo/Armando Franca)
October 05, 2019 - 8:53 am
LISBON, Portugal (AP) — A frequent question asked in Portugal ahead of Sunday's general election is not whether the incumbent Socialist Party will win, but by how big a margin. Recent opinion polls suggest the Socialists enjoy a 10-percentage-point lead. That's largely thanks to an economic...
Read More
FILE - In this July 24, 2019, file photo, the container ship Hansa Augsburg is shown docked at PortMiami in Miami. On Friday, Oct. 4, the Commerce Department reports on the U.S. trade gap for August. (AP Photo/Wilfredo Lee, File)
October 04, 2019 - 8:40 am
WASHINGTON (AP) — The U.S. trade deficit widened in August for the first time in three months as exports increased but imports increased more. The politically sensitive gap with China in the trade of goods narrowed. The Commerce Department said Friday that the gap between what the United buys and...
Read More
Italian ham is put on display in a deli in Rome, Thursday, Oct. 3, 2019. The U.S. had prepared for Wednesday's ruling and already drawn up lists of the dozens of goods it would put tariffs on. They include EU cheeses, olives, and whiskey, as well as planes, helicopters and aircraft parts in the case _ though the decision is likely to require fine-tuning of that list if the Trump administration agrees to go for the tariffs. (AP Photo/Alessandra Tarantino)
AP
October 03, 2019 - 2:24 pm
BRUSSELS (AP) — The trade wars threatening to push the global economy into recession are entering a new phase, with the United States and European Union escalating a dispute that endangers the world’s biggest trade relationship. After the Trump administration slapped steep tariffs on $7.5 billion...
Read More
FILE - In this Oct. 2, 2019 file photo, Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., speaks during a gun safety forum in Las Vegas. Warren proposed breaking up big tech companies in March. She garnered immediate support, even from rivals such as Sen. Ted Cruz, a Texas Republican who retweeted Warren for what he said was the first time. Cruz said “she’s right — Big Tech has way too much power to silence Free Speech.” (AP Photo/John Locher, File)
October 03, 2019 - 9:14 am
WASHINGTON (AP) — Facebook’s CEO said his company is ready to “go to the mat” to stop Elizabeth Warren from breaking up tech giants. Amazon accused her of getting facts wrong. And some Democratic donors with ties to Wall Street have quietly said they’ll sit out the election or vote for President...
Read More
October 01, 2019 - 4:15 pm
NEW YORK (AP) — A federal judge in New York has ruled that the 2017 federal tax overhaul's cap on state and local tax deductions was not an "unconstitutional assault" on the sovereignty of high-tax Democratic-leaning states. Judge J. Paul Oetken dismissed a challenge on Monday to the Republican-led...
Read More
In this Friday, Sept. 27, 2019 photo, Memphis mayoral candidate Willie Herenton poses by a campaign sign on in Memphis, Tenn. Herenton is running against several candidates in the race. (AP Photo/Adrian Sainz)
October 01, 2019 - 12:29 pm
MEMPHIS, Tenn. (AP) — Even in an era known for divisive politics nationally, this year's race for Memphis mayor stands out, with accusations of racism, a magazine caricature widely viewed as offensive, a candidate who refuses to mention a female opponent by name and a dustup over homophobic tweets...
Read More
In this Sept. 30, 2019, photo, a signboard says "Consumption tax hike, 8 percent to 10 percent", at a mass home electronics retailer in Tokyo. Japan has raised consumption tax to 10 percent from 8 percent, amid concerns that it could sink the Japanese economy though government officials say ample measures are taken to minimize the impact. (Shinji Kita/Kyodo News via AP)
October 01, 2019 - 4:14 am
TOKYO (AP) — Japan raised its national sales tax to 10% from 8% on Tuesday, risking short-term pain for the sake of the country's future financial stability as it copes with a fast aging and shrinking population. Previous tax increases, a 2-point increase to 5% in 1997 and another to 8% in 2014,...
Read More
European Central Bank President Mario Draghi addresses European Parliament members at the European Parliament in Brussels, Monday, Sept. 23, 2019. (AP Photo/Francisco Seco)
September 30, 2019 - 10:32 am
FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi says that stimulus measures including negative interest rates will have to stay in place longer if governments do not step up spending to help growth. Draghi was quoted Monday by the Financial Times as saying: "Our policies will...
Read More
FILE - In this Sept. 13, 2019 file photo, Democratic presidential candidate Sen. Bernie Sanders speaks during a campaign stop at the Carson City Community Center Gymnasium in Carson City, Nev. (Jason Bean/The Reno Gazette-Journal via AP)
September 30, 2019 - 8:06 am
WASHINGTON (AP) — Democratic presidential candidate Bernie Sanders has announced an "income inequality" plan calling for tax increases on companies that pay CEOs far more than their workers' median salaries. The Vermont senator's proposal, unveiled Monday, would raise taxes 0.5 percentage points on...
Read More

Pages