Economic policy

FILE - In this Oct. 8, 2014, file photo, people walk to work on Wall Street beneath a statue of George Washington, in New York. U.S. stocks edged mostly higher in early trading Tuesday, Dec. 12, 2017, as investors sized up the latest company earnings and deal news. Gains by banks and health care companies outweighed losses among technology companies. Energy stocks also declined as the price of crude oil headed lower. (AP Photo/Mark Lennihan, File)
December 12, 2017 - 3:43 pm
Banks led U.S. stocks mostly higher in late-afternoon trading Tuesday as the Federal Reserve met to discuss interest rates and the economy. The central bank was expected to raise interest rates for the third time this year on Wednesday. Banks benefit from higher interest rates because they can...
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Poland's President Andrzej Duda, second left, hands new Prime Minister Mateusz Morawiecki, left, and Beata Szydlo talk during a ceremony at the Presidential Palace in Warsaw, Poland, Monday, Dec. 11, 2017. Morawiecki is to focus on developing Poland's economy and improving the government's image abroad. (AP Photo/Czarek Sokolowski)
December 12, 2017 - 7:37 am
WARSAW, Poland (AP) — Poland's new Prime Minister Mateusz Morawiecki is to outline his foreign and home policy goals, a day after he was sworn in and tasked with boosting the economy and Poland's image abroad. Morawiecki, who will deliver a policy speech later Tuesday, succeeds Beata Szydlo who for...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index and other country's market prices at a securities firm in Tokyo Tuesday, Dec. 12, 2017. Shares were mostly lower in Asia on Tuesday as investors stepped back after several days of advances, erasing early gains. Markets are awaiting the Federal Reserve meeting on Wednesday and the outcome of a major Chinese planning conference. (AP Photo/Eugene Hoshiko)
December 12, 2017 - 4:14 am
TOKYO (AP) — Shares were mostly lower in Europe and Asia on Tuesday as investors retreated ahead of the Federal Reserve's decision on interest rates. KEEPING SCORE: Germany's DAX fell 0.2 percent to 13,099.40 and the CAC 40 of France lost 0.5 percent to 5,362.83. Britain's FTSE 100 was flat at 7,...
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President Donald Trump listens to Vice President Mike Pence speak before signing a policy directive to send American astronauts back to the moon, and eventually Mars, in the Roosevelt Room of the White House, Monday, Dec. 11, 2017, in Washington. (AP Photo/Evan Vucci)
December 11, 2017 - 9:48 pm
WASHINGTON (AP) — President Donald Trump on Wednesday will try to sell the American people on an unpopular Republican tax overhaul that his administration claims will generate a large part of $1.8 trillion in new revenue — a figure that a top Democratic lawmaker dismissed as "fake math." Trump's...
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December 11, 2017 - 12:34 pm
WASHINGTON (AP) — The Latest on Republican tax plan (all times local): 12:25 p.m. President Donald Trump is making his final pitch for the Republican tax plan in a speech to the American people. White House spokeswoman Lindsay Walters says Trump will deliver a speech Wednesday on how tax reform...
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FILE- In this Nov. 30, 2017, file photo, with reporters looking for updates, Sen. Susan Collins, R-Maine, and other senators rush to the chamber to vote on amendments as the Republican leadership works to craft their sweeping tax bill in Washington. Collins said she is confident President Donald Trump and Senate Majority Leader Mitch McConnell will ensure passage of two bills aimed at shoring up the insurance markets, a demand she made before supporting the Republican tax overhaul. (AP Photo/J. Scott Applewhite, File)
December 11, 2017 - 12:28 pm
WASHINGTON (AP) — The Treasury Department just gave Republicans ammunition that their tax cuts would pay for themselves. But the one-page memo relies on a mathematical gimmick: It includes an assumption that tax cuts and other Trump administration policies would cause the economy to expand at a 2.9...
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December 08, 2017 - 5:37 pm
WASHINGTON (AP) — President Donald Trump on Friday signed a spending bill to avoid a government shutdown and keep the federal government running through Dec. 22. The president signed the two-week spending measure in private at the White House after the House and Senate acted to prevent a government...
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British Prime Minister Theresa May and European Commission President Jean-Claude Juncker address a media conference at EU headquarters in Brussels on Friday, Dec. 8, 2017. British Prime Minister Theresa May, met with European Commission President Jean-Claude Juncker early Friday morning following crucial overnight talks on the issue of the Irish border.(AP Photo/Virginia Mayo)
December 08, 2017 - 12:19 pm
BRUSSELS (AP) — Britain and the European Union hailed a breakthrough Friday that allows them to begin talks on their post-Brexit relations without answering some key questions about how their divorce will play out. With pressure building on British Prime Minister Theresa May's fragile government,...
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FILE - In this Thursday, April 27, 2017 file photo, the President of the European Central Bank Mario Draghi speaks during a news conference in Frankfurt, Germany. A key global forum of banking regulators has completed a new set of rules aimed at keeping bad banks from needing taxpayer bailouts and hurting the economy, it was reported on Thursday, Dec. 7, 2017. Under the latest rules, banks must keep at least 7X percent of the capital buffers under their own internal risk calculations, compared to a stricter measure used by regulators.(AP Photo/Michael Probst, File)
December 07, 2017 - 11:28 am
FRANKFURT, Germany (AP) — A global forum of banking regulators has finished its years-long work on rules that aim to keep weak banks from needing taxpayer bailouts and setting off financial crises like the one that led to the Great Recession. The oversight board of the Basel Committee on Banking...
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President Donald Trump with Secretary of Defense Jim Mattis, right, speaks during a cabinet meeting in the Cabinet Meeting Room of the White House in Washington, Wednesday, Dec. 6, 2017. (AP Photo/Manuel Balce Ceneta)
December 06, 2017 - 4:24 pm
WASHINGTON (AP) — The Latest on the budget battle in Congress (all times local): 4:20 p.m. The White House says President Donald Trump "looks forward" to meeting congressional leaders Thursday to address budget differences and avoid a partial government shutdown this weekend. White House...
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