Debt and bond markets

In this Wednesday, Feb. 7, 2018, photo, Conor Lamb, the Democratic candidate for the March 13 special election in Pennsylvania's 18th Congressional District, talks about his campaign at his headquarters in Mount Lebanon, Pa. A Pennsylvania congressional race offers an early test of Democrats’ and Republicans’ arguments over the new tax law. (AP Photo/Keith Srakocic)
February 10, 2018 - 12:03 pm
NORTH HUNTINGDON, Pa. (AP) — In southwest Pennsylvania, Democratic congressional hopeful Conor Lamb hammers the new Republican tax law as a gift to corporations and the wealthy that will add to the national debt and give the GOP-led Congress an excuse to gut Social Security and Medicare. Rick...
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Trader Gordon Charlop works on the floor of the New York Stock Exchange, Friday, Feb. 9, 2018. U.S. stocks wavered between small gains and losses in morning trading Friday, giving up some of a big jump that came right after the opening bell. The strong open came a day after the market entered a "correction" for the first time in two years. (AP Photo/Richard Drew)
February 09, 2018 - 4:12 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:05 p.m. Stocks staged a late rally Friday, ending a wild week marked by dramatic point swings on a positive note. The Dow Jones industrial average gained 330 points, or 1.4 percent, to 24,190. Earlier in the day it...
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House Speaker Paul Ryan of Wis., center, leaves the podium as he turns toward Rep. Mac Thornberry, chairman of the Armed Services Committee, left, after a news conference, Thursday, Feb. 8, 2018, on Capitol Hill in Washington. The Republican-led Congress on Thursday was rounding up support for a bipartisan budget bill that would put the government on track for annual deficits topping $1 trillion, a gap last seen toward the end of Obama's first term. (AP Photo/Jacquelyn Martin)
February 08, 2018 - 6:33 pm
WASHINGTON (AP) — Republicans rode the tea party wave to power eight years ago on a message of fiscal responsibility and attacking budget deficits, and kept at it during President Barack Obama's two terms. That was then. The Republican-led Congress on Thursday was rounding up support for a...
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A man walks past the Athens University with the statue of Greek national hero Rigas Fereos in central Athens, on Thursday, Feb. 8, 2018. Greece has launched a seven-year bond auction, in the first major step this year toward a return to the markets. The country's third successive bailout, funded by other Eurozone countries, ends this August. (AP Photo/Petros Giannakouris)
February 08, 2018 - 2:34 pm
ATHENS, Greece (AP) — Investors bought strongly Thursday into a bond issue designed to help wean Greece off its international bailouts, in what officials see as an endorsement of efforts to right the country's battered economy. Officials said Greece raised about 3 billion euros ($3.7 billion) from...
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A currency trader talks on the phone at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Jan. 11, 2018. Asian stock markets were lower on Thursday after Wall Street posted its first loss this year. Reports that China may slow its purchase of U.S. government bonds weighed on investor sentiment. (AP Photo/Ahn Young-joon)
January 11, 2018 - 5:01 am
SEOUL, South Korea (AP) — Global shares were mixed Thursday, with Europe steady and Asia posting modest losses after main Wall Street benchmarks fell for the first time in 2018. Unconfirmed reports Thursday that China may slow its purchases of U.S. government bonds weighed on investor sentiment...
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President Donald Trump joined by Senate Majority Leader Mitch McConnell of Ky., Vice President Mike Pence, Speaker of the House Paul Ryan, R-Wis., and other members of Congress, speaks during an event on the South Lawn of the White House in Washington, Wednesday, Dec. 20, 2017, to acknowledge the final passage of tax overhaul legislation by Congress. (AP Photo/Carolyn Kaster)
December 20, 2017 - 11:50 pm
WASHINGTON (AP) — The Latest on Congress and sweeping tax cut legislation (all times local): 7 p.m. House Republican leaders are struggling to unite the GOP rank and file behind a temporary funding measure that's needed to prevent the government from shutting down at midnight Friday. Republicans...
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House Speaker Paul Ryan of Wis., center, leaves the House Chamber after voting on the Republican tax bill, Tuesday, Dec. 19, 2017, on Capitol Hill in Washington. Republicans muscled the most sweeping rewrite of the nation's tax laws in more than three decades through the House. (AP Photo/Jacquelyn Martin)
December 20, 2017 - 1:06 am
WASHINGTON (AP) — Jubilant Republicans pushed on early Wednesday to the verge of the most sweeping rewrite of the nation's tax laws in more than three decades, a deeply unpopular bill they insist Americans will learn to love when they see their paychecks in the new year. President Donald Trump...
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December 12, 2017 - 2:00 pm
WASHINGTON (AP) — The federal government collected a record amount of tax income for the month of November and also had a record level of spending for the month, producing a budget deficit of $138.5 billion, up slightly from a year ago. The Treasury Department says the November deficit was 1.4...
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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 - 2:00 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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An anti Brexit demonstrator waves EU and British flags in Westminster in London, 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/Kirsty Wigglesworth)
December 08, 2017 - 1:00 pm
BRUSSELS (AP) — The Latest on the Brexit talks (all times local): 5:30 p.m. The leader of Britain's Labour Party wants Prime Minister Theresa May to provide more "clarity" about an alleged breakthrough deal in Brexit negotiations with the European Union. Jeremy Corbyn reiterated Friday that his...
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