Government finance

Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee, Wednesday, Sept. 18, 2019, in Washington. (AP Photo/Patrick Semansky)
September 18, 2019 - 4:03 pm
The Federal Reserve has cut its benchmark interest rate again, big news for the U.S. economy but something that will likely have a muted impact on Americans' personal finances, experts say. That's because the reduction doesn't offset the increases of recent years. And as the key rate creeps closer...
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FILE - In this Thursday, Sept. 12, 2019 file photo, cars pass Purdue Pharma headquarters in Stamford, Conn. The allegations surrounding wealthy donors such as the Sackler family have raised questions for the museums they supported, including whether to keep the family's name on prominent galleries. The billionaire family is notorious for its ties to the drug company Purdue Pharma, which developed OxyContin, a painkiller that has been at the center of the opioid crisis. (AP Photo/Frank Franklin II, File)
September 18, 2019 - 1:13 am
NEW YORK (AP) — Ask the CEO and president of the Metropolitan Museum of Art whether he's accepting money from the Sacklers, the billionaire dynasty notorious for its ties to the drug company Purdue Pharma, and the answer is somewhat complicated. For one thing, it depends on which Sackler. "There...
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On this Sept. 12, 2019, photo, House Speaker Nancy Pelosi, D-Calif., speaks at the Capitol in Washington. The good news is that it doesn’t look like a bitterly polarized Washington will stumble into another government shutdown. But as Democrats controlling the House unveil a stopgap, government-wide spending bill to keep the lights on and pay the troops, there’s scant evidence that power sharing in the U.S. Capitol will produce further legislative accomplishments anytime soon. (AP Photo/J. Scott Applewhite)
September 17, 2019 - 4:39 pm
WASHINGTON (AP) — Democrats controlling the House are steering clear of controversy in a short-term, government-wide spending measure that's needed to prevent a government shutdown at the end of September. House Speaker Nancy Pelosi has agreed to a White House request to replenish funds for bailout...
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Gov. Gavin Newsom announced that California will spend $20 million on a public awareness campaign about the dangers of vaping nicotine and cannabis products amid a rise in vaping-related illnesses, during a news conference in Sacramento, Calif., Monday, Sept. 16, 2019. (AP Photo/Rich Pedroncelli)
September 16, 2019 - 9:47 pm
SACRAMENTO, Calif. (AP) — California will spend $20 million on a public awareness campaign about the dangers of vaping nicotine and cannabis products and step up efforts to halt the sale of illicit products amid a rise in vaping-related illnesses. Democratic Gov. Gavin Newsom announced the actions...
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FILE - In this Thursday, Sept. 12, 2019, file photo, President Donald Trump pauses as he speaks at the 2019 House Republican Conference Member Retreat Dinner in Baltimore. New York City prosecutors have subpoenaed President Donald Trump's tax returns, a person familiar with the matter said Monday, Sept. 16. The person was not authorized to speak publicly and did so on condition of anonymity. (AP Photo/Carolyn Kaster, File)
September 16, 2019 - 5:47 pm
NEW YORK (AP) — New York City prosecutors have subpoenaed President Donald Trump's tax returns, a person familiar with the matter told The Associated Press on Monday. Manhattan District Attorney's Cyrus Vance Jr.'s office recently sent a subpoena to Trump's accounting firm seeking the last eight...
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John Wilson, with the New York Stock Exchange, monitors stock activity, Monday, Sept. 16, 2019. Global stock markets sank Monday after crude prices surged following an attack on Saudi Arabia's biggest oil processing facility. (AP Photo/Mark Lennihan)
September 16, 2019 - 3:42 pm
Airlines, retailers and other consumer-focused companies helped pull stocks lower on Wall Street Monday afternoon after an an attack on Saudi Arabia's biggest oil processing facility sent crude prices soaring. The attack raised worries about the risk of more disruptions for oil at a time when the...
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U.S. President Donald Trump speaks to members of the media prior to a departure from the White House September 12, 2019
Getty Images
SKY News
September 13, 2019 - 8:04 am
BALTIMORE (AP) — President Donald Trump sought to boost the spirits of Republican lawmakers, mocking Democrats and promising a new tax cut package, as he returned to the city he recently disparaged as a "rat and rodent infested mess." Trump spoke on Thursday to House Republicans attending an annual...
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U.S. President Donald Trump speaks to members of the media prior to a departure from the White House September 12, 2019
Getty Images
SKY News
September 13, 2019 - 6:17 am
BALTIMORE (AP) — President Donald Trump sought to boost the spirits of Republican lawmakers, mocking Democrats and promising a new tax cut package, as he returned to the city he recently disparaged as a "rat and rodent infested mess." Trump spoke on Thursday to House Republicans attending an annual...
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FILE - In this July 16, 2019, file photo an American flag flies on the Capitol Dome in Washington. On Thursday, Sept. 12, the Treasury Department releases federal budget data for August. (AP Photo/Carolyn Kaster, File)
September 12, 2019 - 3:49 pm
WASHINGTON (AP) — The U.S. government's budget deficit increased by $169 billion to $1.07 trillion in the first 11 months of this budget year as spending grew faster than tax collections. The Treasury Department reported Thursday that the deficit with just one month left in the budget year is up 18...
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In this Sept. 10, 2019, photo, Senate Majority Leader Mitch McConnell of Ky., arrives for a news conference following a Senate policy luncheon on Capitol Hill in Washington. Fights over abortion and President Donald Trump’s U.S.-Mexico border wall have thrown Senate efforts to advance $1.4 trillion worth of agency spending bills into disarray, threatening one of Washington’s few bipartisan accomplishments this year. (AP Photo/Andrew Harnik)
September 12, 2019 - 6:12 am
WASHINGTON (AP) — Fights over abortion and President Donald Trump's U.S.-Mexico border wall have thrown Senate efforts to advance $1.4 trillion worth of agency spending bills into disarray, threatening one of Washington's few bipartisan accomplishments this year. A government shutdown remains...
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