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...
ALBUQUERQUE, N.M. (AP) — Democratic election victories set New Mexico on a progressive political path in 2019 that included a surge in government spending on education and infrastructure, new...
TOKYO (AP) — Global markets edged higher on Thursday though trading was subdued after the Christmas holidays. Chinese markets surged after the government announced a relaxation of residency...
LOUISVILLE, Ky. (AP) — Senate Majority Leader Mitch McConnell is touting the benefits for Kentucky in the recent government spending bill signed into law last week.
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) — The Senate passed a $1.4 trillion government spending package Thursday in a last bipartisan burst of legislating before bolting for the holidays from a Capitol riven by...
WASHINGTON (AP) — President Donald Trump’s expansion of a program aimed at steering more veterans to private health care is getting an $8.9 billion boost as part of the massive government spending...
WASHINGTON (AP) — The Democratic-controlled House voted Tuesday to pass a $1.4 trillion government spending package, handing President Donald Trump a victory on his U.S.-Mexico border fence while...
WASHINGTON (AP) — A bipartisan deal on a government spending bill would for the first time in two decades provide money for federal research on gun safety. A law adopted in the 1990's has...
WASHINGTON (AP) — The Senate's top Republican issued a downbeat assessment of talks on a government spending bill Wednesday, warning that it will require a “laser focus from both parties and both...
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...
TOKYO (AP) — Japan’s economy grew at a modest annual pace of 0.2% in July-September, supported by consumer purchases ahead of a tax hike, the government said Thursday.
LONDON (AP) — The British economy avoided falling into recession in the third quarter of the year, but annual growth is running at a near-decade low rate as a result of ongoing uncertainty related...
BISMARCK, N.D. (AP) — Tech executive-turned-governor Doug Burgum announced Thursday that he's seeking a second term, highlighting anew his themes of "reinventing" government and running North...
SAO PAULO (AP) — The Senate gave final congressional approval Tuesday to an overhaul of Brazil's pension system, capping years of stalled efforts to sway public opinion and rein in unsustainable...
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.