Government finance

President-elect Joe Biden speaks about the COVID-19 pandemic during an event at The Queen theater, Thursday, Jan. 14, 2021, in Wilmington, Del. (AP Photo/Matt Slocum)
January 15, 2021 - 1:44 pm
BALTIMORE (AP) — The $1.9 trillion rescue plan unveiled by President-elect Joe Biden offers the chance to sculpt the U.S. economy toward the Democrats’ liking: a $15 minimum wage, aid to poor families and federal dollars going to public schools. It’s an ambitious effort that would arrive after...
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President-elect Joe Biden speaks about the COVID-19 pandemic during an event at The Queen theater, Thursday, Jan. 14, 2021, in Wilmington, Del. (AP Photo/Matt Slocum)
January 15, 2021 - 7:04 am
WASHINGTON (AP) — President-elect Joe Biden is nominating New York emergency department commissioner Deanne Criswell to serve as the Federal Emergency Management Agency administrator and has tapped former CIA deputy director David Cohen to return to the agency in the same role he served during the...
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A currency trader passes by monitors showing the Korea Composite Stock Price Inde, and foreign exchange rate at the foreign exchange dealing room of a KB Kookmin Bank branch in Seoul, South Korea, Thursday, Jan. 14, 2021. Shares were mostly higher in Asia on Thursday after a lackluster day on Wall Street, where major indexes spent the day drifting up and down near their record highs. (AP Photo/Ahn Young-joon)
January 13, 2021 - 10:10 pm
Shares were mostly higher in Asia on Thursday after a lackluster day on Wall Street, where major indexes spent the day drifting up and down near their record highs. Benchmarks rose in Hong Kong, Tokyo and Sydney but fell in Shanghai. U.S. futures were trading slightly higher after the U.S. House of...
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FILE - In this Jan. 8, 2021, file photo, Illinois House Speaker Michael Madigan appears on the floor as the Illinois House of Representatives convenes at the Bank of Springfield Center, in Springfield, Ill. House Speaker Madigan on Monday, Jan. 11, 2021, said he was “suspending” his campaign for a 19th term in the leadership post. Madigan, the longest-serving leader of a legislative body in U.S. history, issued a statement that began, “This is not a withdrawal.” But it urged House Democrats to “work to find someone, other than me, to get 60 votes for speaker.” (E. Jason Wambsgans/Chicago Tribune via AP File)
January 13, 2021 - 7:37 pm
SPRINGFIELD, Ill. (AP) — The Illinois House on Wednesday elected its first Black speaker to replace the longest-serving legislative leader in modern U.S. history, picking Democratic Rep. Emanuel “Chris” Welch for the job and pushing aside Michael Madigan after he was implicated in an ongoing...
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FILE - This Aug. 24, 2020 file photo shows Treasury Secretary Stephen Mnuchin at the White House in Washington. The U.S. government’s deficit in the first three months of the budget year was a record-breaking $572.9 billion. The Treasury Department reported Wednesday, Jan. 13, 2021 that with three months gone in the budget year, the deficit was $216.3 billion higher than the same October-December period a year ago. (AP Photo/J. Scott Applewhite, File)
January 13, 2021 - 4:05 pm
WASHINGTON (AP) — The U.S. government's deficit in the first three months of the budget year was a record-breaking $572.9 billion, 60.7% higher than the same period a year ago, as spending to deal with the COVID-19 pandemic surged while revenue declined. The Treasury Department reported Wednesday...
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Ivanka Trump comes onto stage as President Donald Trump speaks at a campaign rally in support of Senate candidates Sen. Kelly Loeffler, R-Ga., and David Perdue in Dalton, Ga., Monday, Jan. 4, 2021. (AP Photo/Brynn Anderson)
January 13, 2021 - 9:00 am
WASHINGTON (AP) — Ivanka Trump's global women's development program is about halfway toward its goal of helping 50 million women in developing countries advance economically by 2025. That's according to an annual report for the U.S. government's Women's Global Development and Prosperity Initiative...
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FILE - In this April 23, 2020 file photo, President Donald J.Trump's name is printed on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak in San Antonio. The IRS said that after initial problems, it is getting more of the second round of relief payments to taxpayers. A number of people who filed their taxes with an online preparation service initially found that their economic impact payment did not make it to them directly. (AP Photo/Eric Gay)
January 12, 2021 - 2:06 pm
The IRS said that after initial problems, it is getting more of the second round of relief payments to taxpayers. The government began distributing the payments, worth $600 per eligible adult and dependent, at the end of December. However, many people who filed their taxes with an online...
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People stroll on the Trocadero square to watch the Eiffel Tower lightings, Friday, Dec. 11, 2020 in Paris. (AP Photo/Francois Mori)
January 08, 2021 - 4:45 am
PARIS (AP) — France’s government breathed a sigh of relief Friday after the U.S. indefinitely delayed tariffs on French wine, cosmetics and other goods designed as retaliation for a French tax on technology giants. The U.S. Trade Representative’s office said in a statement Thursday that it...
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In this image taken from a video, Hong Kong's Democratic Party member and former lawmaker Lam Cheuk-ting, center, is arrested by police officers at his home in Hong Kong, Wednesday, Jan. 6, 2021. Hong Kong police arrested about 50 pro-democracy figures Wednesday for allegedly violating the new national security law by participating in an unofficial primary election last year held to increase their chances of controlling the legislature, according to political parties and local media. (TVB via AP)
January 06, 2021 - 10:26 am
HONG KONG (AP) — Hong Kong police arrested 53 former lawmakers and democracy proponents Wednesday for allegedly violating the new national security law by participating in unofficial election primaries for the territory's legislature last year. The mass arrests were the largest move against Hong...
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FILE - In this Oct. 14, 2010 file photo, musician Prince holds a news conference at The Apollo Theater announcing his "Welcome 2 America" tour in New York. The ongoing controversy over the money left behind by Prince when he died without a will is heating up again after Internal Revenue Service calculations showed that executors of the rock star's estate undervalued it by 50%, or about $80 million. (AP Photo/Peter Kramer, File)
January 03, 2021 - 11:40 am
MINNEAPOLIS (AP) — The ongoing controversy over the money left behind by Prince when he died without a will is heating up again after Internal Revenue Service calculations showed that executors of the rock star's estate undervalued it by 50%, or about $80 million. The IRS determined that Prince’s...
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