Government business and finance

White House Chief of Staff Mark Meadows, right, accompanied by Treasury Secretary Steven Mnuchin, left, speaks to reporters following a meeting with House Speaker Nancy Pelosi of Calif. and Senate Minority Leader Sen. Chuck Schumer of N.Y. as they continue to negotiate a coronavirus relief package on Capitol Hill in Washington, Friday, Aug. 7, 2020. (AP Photo/Andrew Harnik)
August 12, 2020 - 7:07 pm
WASHINGTON (AP) — Mark Meadows dropped to a knee in then-Speaker John Boehner's office, the still-new congressman apologizing for joining those trying to oust the Republican leader. Two years later, Meadows did it anyway, leading the House Freedom Caucus' push for Boehner's departure in 2015. Now,...
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President Donald Trump signs an executive order during a news conference at the Trump National Golf Club in Bedminster, N.J., Saturday, Aug. 8, 2020. (AP Photo/Susan Walsh)
August 12, 2020 - 6:01 pm
WASHINGTON (AP) — The nation's leading business group on Wednesday raised serious concerns about President Donald Trump's move to defer Social Security payroll taxes for American workers, warning that the plan for a shot of economic relief during the coronavirus pandemic could prove unworkable. The...
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FILE - In this July 16, 2019, file photo an American flag flies on the Capitol Dome in Washington. The U.S. budget deficit climbed to $2.81 trillion in the first 10 months of the budget year, exceeding any on record, the Treasury Department said Wednesday, Aug. 12, 2020. (AP Photo/Carolyn Kaster, File)
August 12, 2020 - 5:24 pm
SILVER SPRING, Md. (AP) — The U.S. budget deficit climbed to $2.81 trillion in the first 10 months of the budget year, exceeding any on record, the Treasury Department said Wednesday. The nation's budgetary shortfall is expected to eventually reach levels for the fiscal year that ends Sept. 30 more...
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FILE - In this Nov. 25, 2019 file photo Federal Reserve Bank of Boston President Eric Rosengren, left, speaks during a round table discussion at Silver Lane Elementary School, in East Hartford, Conn. Rosengren said in remarks delivered online Wednesday, Aug. 12, 2020, that states in the South and West that allowed their businesses to reopen after short shutdowns saw an initial burst of economic activity. But spikes in infection rates soon followed and those states’ economies are now lagging those in the Northeast as consumers have become more cautious. (AP Photo/Steven Senne, file)
August 12, 2020 - 12:30 pm
WASHINGTON (AP) — A top official at the Federal Reserve criticized the decision by many states to reopen businesses this spring before getting the virus fully under control, and said those choices have hindered an economic recovery in the U.S. Eric Rosengren, president of the Federal Reserve Bank...
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FILE - In this Thursday, April 30, 2020 file photo, a woman wearing a mask to protect against coronavirus, rides a bicycle past a job centre in Shepherd's Bush, as the lockdown to curb the spread of coronavirus continues, in London. The U.K. economy has officially fallen into a recession after official figures showed it contracting by a record 20.4% in the second quarter as a result of lockdown measures put in place to counter the coronavirus pandemic. The slump recorded by the Office for National Statistics follows a 2.2% quarterly contraction in the first three months of the year. (AP Photo/Alberto Pezzali, File)
August 12, 2020 - 10:05 am
LONDON (AP) — Britain has suffered the deepest recession among the world’s top economies this year, shrinking by a fifth in the second quarter alone when much of the economy was mothballed as part of efforts to contain the coronavirus pandemic. The 20.4% quarterly drop is the worst since records...
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FILE - In this Sept. 21, 2017, file photo, the Environmental Protection Agency (EPA) Building is shown in Washington. Six former Environmental Protection Agency chiefs are calling for an agency reset after President Donald Trump’s regulation-chopping, industry-minded first term. The group is presenting a detailed action plan drafted by former EPA staffers for whoever wins the Nov. 3 presidential election. (AP Photo/Pablo Martinez Monsivais)
August 12, 2020 - 9:01 am
Six former Environmental Protection Agency chiefs are calling for an agency reset after President Donald Trump’s regulation-chopping, industry-minded first term, backing a detailed plan by former EPA staffers that ranges from renouncing political influence in regulation to backing climate-friendly...
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FILE - In this March 3, 2020, file photo, Republican Marjorie Taylor Greene speaks to a GOP women's group in Rome, Ga. Greene, criticized for promoting racist videos and adamantly supporting the far-right QAnon conspiracy theory, has won the GOP nomination for northwest Georgia's 14th Congressional District. (John Bailey/Rome News-Tribune via AP, File)
August 11, 2020 - 9:56 pm
WASHINGTON (AP) — The Latest on Tuesday's elections (all times local): 9:45 p.m. Marjorie Taylor Greene has won the Republican nomination for Georgia’s 14th Congressional District. She’s a businesswoman who has expressed support for the far-right conspiracy theory QAnon and has been criticized for...
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FILE- In this Jan. 9, 2019, file photo a sign advertises 5G at the Qualcomm booth at CES International in Las Vegas. A federal appeals court on Tuesday, Aug. 11, 2020, has overturned an antitrust ruling against Qualcomm, dismissing arguments that it unlawfully squeezed out cellphone chip rivals and charged excessive royalties to manufacturers such as Apple. The 3-judge panel unanimously sided with the San Diego chipmaker in tossing out a ruling on a lawsuit brought by the U.S. Federal Trade Commission. (AP Photo/John Locher, File)
August 11, 2020 - 9:22 pm
SAN FRANCISCO (AP) — A federal appeals court has overturned an antitrust ruling against Qualcomm, dismissing arguments that it unlawfully squeezed out cellphone chip rivals and charged excessive royalties to manufacturers such as Apple. The 3-judge panel unanimously sided with the San Diego...
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Treasury Secretary Steven Mnuchin, left, accompanied by White House Chief of Staff Mark Meadows, right, speak to reporters following a meeting with House Speaker Nancy Pelosi of Calif. and Senate Minority Leader Sen. Chuck Schumer of N.Y. as they continue to negotiate a coronavirus relief package on Capitol Hill in Washington, Friday, Aug. 7, 2020. (AP Photo/Andrew Harnik)
August 11, 2020 - 3:23 pm
WASHINGTON (AP) — Hopes that talks on a huge COVID-19 relief deal would generate an agreement soon are fizzling, with both the Trump administration negotiating team and top congressional Democrats adopting hard lines and testy attitudes. Now that President Donald Trump has issued a series of...
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A woman walks by a closed store, in London, Thursday, July 16, 2020. Unemployment across the U.K. has held steady during the coronavirus lockdown as a result of a government salary support scheme, but there are clear signals emerging that job losses will skyrocket over coming months. The Office for National Statistics said Thursday there were 649,000 fewer people, or 2.2%, on payroll in June when compared with March when the lockdown restrictions were imposed. (AP Photo/Alastair Grant)
August 11, 2020 - 7:35 am
LONDON (AP) — The U.K. has kept a lid on the unemployment rate so far during the coronavirus pandemic but, scratch beneath the surface, and there are worrying trends that will likely see the jobless total soaring by the end of the year. Official figures released Tuesday showed that the number of...
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