Government debt

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. 3, 2019, photo a sign rests in front of a newly constructed home, in Westwood, Mass. On Thursday, Sept. 12, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Steven Senne)
September 12, 2019 - 12:28 pm
WASHINGTON (AP) — U.S. long-term mortgage rates rose this week but remained at historically low levels. Mortgage buyer Freddie Mac said Thursday the rate on the 30-year, fixed-rate mortgage increased to 3.56% from 3.49% last week. Average rates on the benchmark loan have remained below 3.6% for...
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FILE - In this Aug. 27, 2019, file photo former Waymo employee Anthony Levandowski, center, leaves a federal courthouse in San Jose, Calif. A federal judge on Wednesday, Sept. 4, rejected a government recommendation that he impose a $10 million bail bond on Levandowski, a former Google engineer. Levandowski is accused of stealing self-driving car technology before joining Uber's effort to build robotic taxis for its ride-hailing service. (AP Photo/Jeff Chiu, File)
September 04, 2019 - 5:08 pm
SAN JOSE, Calif. (AP) — A federal judge has rejected a government recommendation that he impose a $10 million bail bond on a former Google engineer who is accused of stealing self-driving car technology before joining Uber's effort to build robotic taxis. The preliminary ruling issued Wednesday by...
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In this photo released by Lebanon's official government photographer Dalati Nohra, Lebanese President Michel Aoun, center, meets with political leaders with the aim of finding solutions to the country's economic crisis, in the presidential palace, in Baabda, east of Beirut, Lebanon, Monday, Sept. 2, 2019. Aoun said in a speech at the opening of the one-day session that everyone should make "sacrifices" in order to get one of the world's most indebted countries out of its problems. (Dalati Nohra via AP)
September 04, 2019 - 9:50 am
BEIRUT (AP) — An international ratings agency warned Wednesday there is a risk that customer deposit flows, particularly by nonresidents, could continue to decline in Lebanon, resulting in an accelerated drawdown of foreign currency reserves that would test the highly indebted country's ability to...
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FILE - In this Aug. 23, 2019, file photo pedestrians pass the New York Stock Exchange in New York. Global stock markets were mostly lower Tuesday, Sept. 3, amid revived jitters over U.S.-Chinese trade tension, while wrangling by British lawmakers over whether to try to postpone Brexit saw the pound fall further. (AP Photo/Frank Franklin II, File)
September 03, 2019 - 3:26 pm
Technology companies drove a broad slide in U.S. stocks Tuesday as disappointing economic data and the latest escalation in the trade war between the U.S. and China put investors in a selling mood. The Dow Jones Industrial Average slumped more than 300 points as the market gave back some of its...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, Aug. 29, 2019. Asian stocks declined Thursday following Wall Street's rebound amid uncertainty about U.S.-Chinese trade tension. (AP Photo/Eugene Hoshiko)
August 29, 2019 - 7:59 am
BEIJING (AP) — Stock markets turned higher on Thursday on hopes for more talks next month on the trade war between the United States and China. European indexes rose after Asian ones closed lower, with futures pointing to gains on Wall Street later in the day. Trade negotiators are due to meet in...
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FILE - In this Aug. 21, 2019, file photo specialist Anthony Matesic, center, works with traders at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Aug. 28. (AP Photo/Richard Drew, File)
August 28, 2019 - 2:35 pm
Banks and energy companies helped power U.S. stocks broadly higher in afternoon trading Wednesday as the market clawed back some of its losses from a day earlier. Financial sector stocks accounted for much of the rally, which reversed an early slide. Big banks were among the sector's gainers. Wells...
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A currency trader watches computer monitors near the screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Wednesday, Aug. 28, 2019. Asian stocks were mixed Wednesday as uneasy investors watched for signs of progress on U.S.-China trade after Wall Street slid. (AP Photo/Lee Jin-man)
August 28, 2019 - 6:09 am
BEIJING (AP) — Global stocks were mixed Wednesday as uneasy investors watched for signs of progress on ending the U.S.-China tariff war following President Donald Trump's conflicting comments on the status of negotiations. Benchmarks in London and Tokyo advanced while those in Frankfurt and...
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FILE - In this Aug. 19, 2019, file photo trader Frank Masiello, left, and specialist Anthony Matesic work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Aug. 27. (AP Photo/Richard Drew, File)
August 27, 2019 - 12:43 pm
U.S. stock indexes veered lower in midday trading Tuesday, giving up early gains, as investors shifted money into government bonds and other less risky assets. Financial stocks fell the most as bond prices surged, pulling yields sharply lower. The yield on the 10-year Treasury note fell to 1.48%...
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The federal deficit expected to swell to more than $1 trillion in the next fiscal year.;
August 22, 2019 - 1:02 pm
WASHINGTON (AP) — The federal budget deficit is expected to balloon to more than $1 trillion in the next fiscal year under the first projections taking into account the big budget deal that President Donald Trump and Congress reached this summer, the Congressional Budget Office reported. The return...
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