Government Finance

Trump mocks Democrats, vows new tax cut in trip to Baltimore

Sep 13, 2019

President Donald Trump is mocking Democrats and promising a new tax cut package after returning to the city he recently disparaged as a "rat and rodent infested mess."

US long-term mortgage rates rise, with 30-year at 3.56%

Sep 12, 2019

US long-term mortgage rates rise, with 30-year average at 3.56%

The Fed and ECB aim to avoid downturns but with limited ammo

Sep 12, 2019

Fed and European Central Bank fight against slowing global growth with limited ammo

Lawmakers eye stopgap spending bill to prevent a shutdown

Sep 9, 2019

House Democrats propose a government-wide temporary funding bill to prevent a federal shutdown at month's end, give Senate time to get moving on $1.4 trillion in spending bills

US trade gap fell 2.7% in July including the gap with China

Sep 4, 2019

US trade deficit declined in July, including the gap with China

Pentagon approves military construction cash for border wall

Sep 4, 2019

Defense Secretary Mark Esper has approved the use of $3.6 billion in funding from military construction projects to build 175 miles of President Donald Trump's wall along the Mexican border

In escalating trade war, US consumers may see higher prices

Sep 1, 2019

Americans are facing potentially higher prices for some clothes, shoes, sporting goods and other consumer items now that the U.S. and China have put in place their latest tariff increases on each other's goods

Deutsche Bank has tax returns sought in Congressional probe

Aug 28, 2019

Deutsche Bank says it has tax records Congress is seeking in its investigation of President Donald Trump's finances

Group to help Chicago clear pot arrests during legalization

Aug 27, 2019

Chicago's top prosecutor says a San Francisco-based nonprofit with the technology to analyze criminal records nearly automatically will help Cook County clear tens of thousands of convictions for marijuana possession as part of legalizing use of the drug

Trump, G-7 leaders to open summit focused on world economy

Aug 22, 2019

President Donald Trump and other leaders of the world's most industrialized nations will open their annual G-7 summit by discussing the global economy

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