Government finance

Indonesia President Joko Widodo gestures as he speaks during a press conference at the palace in Jakarta, Indonesia, Monday, Aug. 26, 2019. Indonesia's president has announced to relocate the country's capital from overcrowded, sinking and polluted Jakarta to East Kalimantan province. (AP Photo/Achmad Ibrahim)
August 26, 2019 - 9:31 pm
JAKARTA, Indonesia (AP) — Indonesia's president says the country's capital will move from overcrowded, sinking and polluted Jakarta to a site in sparsely populated East Kalimantan province on Borneo island, known for rainforests and orangutans. President Joko Widodo said Monday intense studies over...
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Democratic presidential candidate Sen. Bernie Sanders greets striking telecommunications workers on Sunday, Aug. 25, 2019, during a stop in Louisville, Ky. Sanders spoke to the striking workers before attending a rally to promote Democratic initiatives being bottled up in the Republican-led Senate. (AP Photo/Bruce Schreiner)
August 25, 2019 - 6:31 pm
LOUISVILLE, Ky. (AP) — Democratic presidential candidate Bernie Sanders on Sunday branded Senate Majority Leader Mitch McConnell as an obstructionist for blocking Democratic efforts to reduce gun violence, bolster election security and raise the federal minimum wage. In a speech to cheering...
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Police fire water cannon at protestors in Bayonne, France, Saturday, Aug. 24, 2019. World leaders and protesters are converging on the southern French resort town of Biarritz for the G-7 summit. Police have fired water cannon at about 400 anti-capitalist protesters blocking roads in a town near the venue of the G-7 summit. A few protesters threw rocks at police but the crowd in Bayonne was largely peaceful. (AP Photo/Bob Edme)
August 24, 2019 - 12:50 pm
BIARRITZ, France (AP) — The Latest on the Group of Seven summit (all times local): 7:40 p.m. A French diplomat says President Emmanuel Macron tried to reduce the pressure exerted by President Donald Trump over a new digital services tax the country is imposing on internet giants. The official, who...
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Misty Dotson poses for a photograph with her son's at their home Tuesday, Aug. 20, 2019, in Murray, Utah. Dotson is a 33-year-old single mother of two boys, ages 12 and 6, who goes to Planned Parenthood for care through the Title X program. Dotson is among the 39,000 people received treatment from Planned Parenthood of Utah in 2018 under a federal family planning program called Title X. The organization this week announced it is pulling out program rather than abide by a new Trump administration rule prohibiting clinics from referring women for abortions. (AP Photo/Rick Bowmer)
August 22, 2019 - 7:37 pm
SALT LAKE CITY (AP) — Planned Parenthood clinics in several states are charging new fees, tapping financial reserves, intensifying fundraising and warning of more unintended pregnancies and sexually transmitted diseases after its decision to quit a $260 million federal family planning program in an...
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President Donald Trump smiles while speaking during a Presidential Medal of Freedom ceremony for former NBA basketball player and coach Bob Cousy, of the Boston Celtics, in the Oval Office of the White House, Thursday, Aug. 22, 2019, in Washington. (AP Photo/Alex Brandon)
August 22, 2019 - 5:18 pm
WASHINGTON (AP) — President Donald Trump and other leaders of the world's most industrialized nations will open their annual G-7 summit over the weekend by discussing the global economy. White House officials said Thursday that the session was added to Sunday's schedule at the last minute at Trump'...
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President Donald Trump walks down the steps of Air Force One at Andrews Air Force Base in Md., Wednesday, Aug. 21, 2019. Trump is returning from Louisville, Ky., where he spoke to the American Veterans (AMVETS) 75th National Convention. (AP Photo/Susan Walsh)
August 22, 2019 - 4:14 pm
WASHINGTON (AP) — Facing bipartisan opposition, President Donald Trump has scrapped an effort to cut some $4 billion in foreign aid that lawmakers had already approved. A senior administration official and a Democratic congressional aide confirmed the decision Thursday. Both spoke on condition of...
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The federal deficit expected to swell to more than $1 trillion in the next fiscal year.;
August 22, 2019 - 12:02 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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President Donald Trump holds up a presidential memorandum that he signed that discharges the federal student loan debt of totally and permanently disabled veterans following his speech at the American Veterans (AMVETS) 75th National Convention in Louisville, Ky., Wednesday, Aug. 21, 2019. (AP Photo/Susan Walsh)
August 21, 2019 - 4:14 pm
LOUISVILLE, Ky. (AP) — Hundreds of millions of dollars in federal student loan debt owed by tens of thousands of disabled military veterans will be erased under a directive President Donald Trump signed Wednesday. Trump ordered the Education Department to "eliminate every penny of federal student...
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German Chancellor Angela Merkel, right, and German Finance Minister Olaf Scholz, left, talk as they arrive for the weekly cabinet meeting at the Chancellery in Berlin, Germany, Wednesday, Aug. 21, 2019. The German government sold 30-year bonds at a negative interest rate Wednesday Aug. 21, 2019, in a sign of the clouds over markets and future growth as well as increased expectations that more central bank stimulus is likely on the way.(AP Photo/Michael Sohn)
August 21, 2019 - 3:24 pm
FRANKFURT, Germany (AP) — Imagine lending money to someone and having to pay for the privilege of doing so. Or being asked to invest and informed of how much money you'll lose. Sounds absurd, but increasingly that's the global bond market these days. A rising share of government and corporate bonds...
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Italian Deputy-Premier Matteo Salvini opens his arms at the Senate, in Rome, Tuesday, Aug. 20, 2019. Italian Premier Giuseppe Conte on Tuesday announced his resignation, blaming his decision to end his 14-month-old populist government on his rebellious and ambitious deputy prime minister Matteo Salvini. (Ettore Ferrari/ANSA via AP)
August 20, 2019 - 7:22 pm
ROME (AP) — As Italy's Premier Giuseppe Conte steps down, the question is whether hardline, anti-migrant Interior Minister Matteo Salvini can force new elections in hopes of grabbing the premiership. In announcing his resignation Tuesday before the Senate, Conte blamed Salvini for pulling the plug...
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