TOKYO (AP) — The Japanese economy grew at an annual rate of 12.7% in October-December, marking the second straight quarter of growth, amid a recovery from the slump caused by the coronavirus...
The U.S. economy is projected to grow at a robust 4.6% annual rate this year, but employment isn't expected to return to pre-pandemic levels until 2024, the Congressional Budget Office said...
OMAHA, Neb. (AP) — Nebraska voters could get to decide whether to restrict local government spending next year under Gov. Pete Ricketts' property tax proposal that he presented to lawmakers on...
WASHINGTON (AP) — U.S. long-term mortgage rates rose this week in an indication that the long period of record-low rates could soon be over.
LOS ANGELES (AP) — The long period of record-low rates on home loans could soon be over.
Long-term bond yields, which can influence interest rates on mortgages and other consumer loans, are...
LINCOLN, Neb. (AP) — Nebraska Gov. Pete Ricketts will push to reduce property taxes during this legislative session by limiting local government spending, and he warns the issue could go to voters...
WASHINGTON (AP) — Lawmakers are giving themselves more time to sort through their end-of-session business on government spending and COVID-19 relief, preparing a one-week stopgap spending bill...
WASHINGTON (AP) — The second of three estimates on U.S. growth for the July-September quarter was unchanged at a record pace of 33.1%. But a resurgence in the coronavirus is expected to slow...
SILVER SPRING, Md. (AP) — U.S. construction spending rose 0.3% in September, the fourth straight monthly gain after a coronavirus-caused spring swoon, although a smaller gain than analysts had...
LONDON (AP) — The COVID-19 pandemic is battering Britain’s public finances, pushing government borrowing to a record last month as tax revenue fell and authorities spent billions of pounds to prop...
WASHINGTON (AP) — The federal budget deficit is projected to hit a record $3.3 trillion as huge government expenditures to fight the coronavirus and to prop up the economy have added more than $2...
WASHINGTON (AP) — The federal budget deficit is projected to hit a record $3.3 trillion as huge government expeditures to fight the coronavirus and to prop up the economy have added more than $2...
WASHINGTON (AP) — A New York congressman is seeking to double the amount of funding for a Justice Department community policing grant program used to hire officers across the U.S.
RALEIGH, N.C. (AP) — North Carolina Gov. Roy Cooper recommended to legislators on Wednesday how to spend the state's remaining COVID-19 federal relief dollars, mainly for public health, K-12...
TORONTO (AP) — Canada’s finance minister announced his resignation Monday amid reports of differences with Prime Minister Justin Trudeau over government spending to protect the economy during the...
DUBAI, United Arab Emirates (AP) — Saudi Aramco's net income plunged by 50% in the first half of the year, according to figures published Sunday, offering a revealing glimpse into the impact of...
WASHINGTON (AP) — GOP activists want to trigger a constitutional convention with the goal of enacting a federal balanced budget amendment, potentially requiring massive cuts to government...
WASHINGTON (AP) — Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about any sustained...
WASHINGTON (AP) — A day of shuttle diplomacy on Capitol Hill over a coronavirus aid package produced few results Tuesday, with stark differences between the $3 trillion proposal from Democrats...
CANBERRA, Australia (AP) — Australia’s response to the coronavirus pandemic tipped the government’s budget 85.8 billion Australian dollars ($61 billion) into the red in the last fiscal year and...
JACKSON, Miss. (AP) — Top lawmakers said Monday that Mississippi state government can avoid spending cuts during the final two weeks of the current budget year by tapping into the rainy day...
MONTPELIER, Vt. (AP) — Here is a look at developments related to ongoing protests throughout New England against police brutality following the May 25 killing of George Floyd in...
WASHINGTON (AP) — The federal government recorded a budget deficit of $1.88 trillion for the first eight months of this budget year, larger than even any annual shortfalls in U.S....
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Wednesday of the threat of a prolonged recession resulting from the viral outbreak and urged Congress and the White House to act...
BATON ROUGE, La. (AP) — Louisiana lawmakers Tuesday advanced proposals pushed by conservative Republicans to limit budgetary growth and spending, as a new legislative trend emerged of linking...
COLUMBIA, Mo. (AP) — The Missouri House on Wednesday passed a stripped-down state budget for the upcoming fiscal year in anticipation of plunging revenues because of the coronavirus.
WASHINGTON (AP) — The federal government's budget deficit for the first half of this budget year totaled $743.6 billion, up 7.6% from last year, and well on its way to topping $1 trillion even...
WASHINGTON (AP) — Spending on U.S. construction projects fell 1.3% in February with housing and nonresidential construction both showing weakness even before the coronavirus struck with force in...
WASHINGTON (AP) — The economy grew by a moderate 2.1% in the fourth quarter of last year, but many economists believe that will be the last positive growth seen for some time as the country...
WASHINGTON (AP) — In the fall of 2008, an unlikely alliance of lawmakers, regulators and Bush administration officials banded together to rescue an economy they feared was hours away from...
WASHINGTON (AP) — The U.S. budget deficit through the first five months of this budget year is up 14.8% from the same period a year ago, keeping the country on track to record its first $1...
FRANKFURT, Germany (AP) — Suddenly staring recession in the face, European leaders are lining up an array of tax breaks, financial support for companies and likely central bank measures in the...
WASHINGTON (AP) — The fast-moving coronavirus isn’t just confounding health officials. It’s also bedeviling policymakers and central bankers who are struggling to assess the economic damage from...
WASHINGTON (AP) — The U.S. budget deficit through the first four months of this budget year is up 19% from the same period a year ago, putting the country on track to record its first $1 trillion...
WASHINGTON (AP) — President Donald Trump appeared to suggest in a television interview Wednesday that he’s willing to consider entitlement cuts in the future, a move that would mark a tectonic...
The U.S. budget deficit through the first three months of this budget year is up 11.8% from the same period a year ago, putting the country on track to record its first $1 trillion deficit in...
WASHINGTON (AP) — President Donald Trump on Friday celebrated the launch of Space Force, the first new military service in more than 70 years.
WASHINGTON (AP) — A series of government reports Wednesday cast a picture of a steadily growing U.S. economy, fueled by solid consumer spending and defying threats — at least for now — from a...
LONDON (AP) — Britain's Parliament narrowly approved financial roadblocks that are designed to make it more difficult for the country to leave the European Union without a Brexit deal, giving a defeat to Prime Minister Theresa May's government Tuesday.
Lawmakers voted 303-296 to back a Finance Bill amendment that would prohibit government spending on "no-deal" Brexit preparations that Parliament didn't authorize.