Government Finance

Stocks slump after Trump raises tariffs on Chinese goods

Aug 1, 2019

Stocks dropped sharply, erasing a big gain, after President Donald Trump announced the U.S. will slap a new 10% tariff on some $300 billion worth of goods from China beginning next month

Poland waives tax for young employees to counter emigration

Aug 1, 2019

Poland has scrapped its personal income tax for young employees earning less than $22,000 a year in a drive to reverse a brain drain and demographic decline that dim the prospects of a country that is otherwise experiencing strong economic growth

The Latest: Harris says Trump 'needs to be held accountable'

Aug 1, 2019

California Sen. Kamala Harris says President Donald Trump "needs to be held accountable"

Republicans face tough vote on Trump-backed budget bill

Jul 31, 2019

A hard-won, warts-and-all budget pact between House Speaker Nancy Pelosi and President Donald Trump is facing a key vote in the GOP-held Senate

Trump vows to retaliate against French digital tax

Jul 26, 2019

President Donald Trump is promising to retaliate against France for adopting a pioneering tax on internet giants like Google, Amazon and Facebook

The Latest: EU official warns on UK divorce bill

Jul 26, 2019

The European Union's budget commissioner is warning that a failure by Britain to pay its divorce bill as it leaves the bloc would threaten the country's credit status

US economy slowed to 2.1% growth rate in second quarter

Jul 26, 2019

US economy slows to 2.1% growth rate in Q2 as consumer rebound offset by rising trade deficit

The Latest: House passes bipartisan budget and debt deal

Jul 26, 2019

A hard-won, bipartisan budget and debt compromise between President Donald Trump and Speaker Nancy Pelosi has easily passed the House

Ex-Iowa official: Resignation tied to governor staffer pay

Jul 25, 2019

A former state executive unexpectedly asked to resign by the governor last month says the governor had asked him to continue paying the salary of a woman moving from his department to the governor's office and he objected

Analysis: Budget deal is epitaph for bid to control spending

Jul 24, 2019

Analysis: Budget deal is epitaph for effort to control federal spending in Washington