Government spending

FILE - In this Thursday, May 16, 2019 photo cars for export and import are stored in front of containers at the harbor in Bremerhaven, Germany. The German economy shrank by 0.1 percent in the second quarter as global trade conflicts and troubles in the auto industry weighed on Europe's largest economy. (AP Photo/Martin Meissner, file)
August 14, 2019 - 10:29 am
FRANKFURT, Germany (AP) — Germany's economy shrank by 0.1 percent in the second quarter as global trade conflicts and troubles in the auto industry held back the largest member of the 19-country euro currency union. The weak performance darkened prospects for the entire eurozone, where the European...
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July 26, 2019 - 9:41 am
WASHINGTON (AP) — The government says the U.S. economy grew more slowly in 2018 than it previously estimated, downgrading its estimate from 3% to 2.5%. President Donald Trump had frequently boasted of the 3% growth figure as evidence that his policies invigorated the economy. The Commerce...
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Treasury Secretary Steve Mnuchin speaks during a news briefing at the White House, in Washington, Monday, July 15, 2019. (AP Photo/Carolyn Kaster)
July 15, 2019 - 9:04 pm
WASHINGTON (AP) — It's House Speaker Nancy Pelosi and top Senate Republican Mitch McConnell vs. hardliners in the White House as lawmakers pursue a deal on federal spending and the debt. And the hardliners, wary of further increases to federal spending, appear to be losing. Talks between Pelosi and...
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FILE - In this April 16, 2019, file photo, Wang Chuanfu, chairman and president of BYD Auto, the biggest global electric brand by sales volume, prepares to show the latest cars during the Auto Shanghai 2019 show in Shanghai. China’s auto sales fell 7.8% in June amid a trade fight with Washington and slower economic growth, extending a year-old contraction that is squeezing automakers that need to spend on developing electric cars. (AP Photo/Ng Han Guan, File)
July 10, 2019 - 7:51 am
BEIJING (AP) — China's auto sales fell 7.8% in June amid a trade fight with Washington and slower economic growth, extending an unexpectedly painful downturn for automakers that are spending heavily to develop electric cars. Drivers in the global industry's biggest market bought 1.7 million SUVs,...
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New Finance Minister Christos Staikouras, left, speaks as outgoing Finance Minister Euclid Tsakalotos is seen during a handover ceremony in Athens, Tuesday, July 9, 2019. Greece's new Cabinet was sworn in Tuesday, two days after conservative party leader Kyriakos Mitsotakis won early elections on pledges to make the country more business-friendly, cut taxes and negotiate an easing of draconian budget conditions agreed as part of the country's rescue program. (AP Photo/Thanassis Stavrakis)
July 09, 2019 - 12:34 pm
ATHENS, Greece (AP) — Greece's new government will press ahead with tax cuts for households and businesses despite skepticism from creditors, the country's finance minister said Tuesday after he and his Cabinet colleagues were sworn in. Christos Staikouras' comments during a handover ceremony at...
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Greek opposition New Democracy conservative party leader Kyriakos Mitsotakis waves to his supporters after win in parliamentary elections at the New Democracy headquarters in Athens, on Sunday, July 7, 2019. Official results from nearly 60% of ballots counted showed the conservative New Democracy party of Kyriakos Mitsotakis winning comfortably with 39.7% compared to Tsipras' Syriza party with 31.5%. (AP Photo/Petros Giannakouris)
July 07, 2019 - 7:47 pm
ATHENS, Greece (AP) — Conservative opposition leader Kyriakos Mitsotakis comfortably won Greece's parliamentary elections Sunday, delivering a stinging blow to leftist Prime Minister Alexis Tsipras after a tumultuous four years in office as the country struggled through a crippling financial crisis...
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FILE - In this June 19, 2019, file photo cargo containers are stacked on a ship at the Port of Los Angeles in Los Angeles. On Thursday, June 27, the Commerce Department issues the third and final estimate of how the U.S. economy performed in the January-March quarter. (AP Photo/Marcio Jose Sanchez, File)
June 27, 2019 - 12:32 pm
WASHINGTON (AP) — The U.S. economy grew at a healthy 3.1% rate in the first three months of this year, but signs are mounting that growth has slowed sharply in the current quarter amid slower global growth and a confidence-shaking trade battle between the United States and China. The gain in the...
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Senate Minority Leader Chuck Schumer, D-N.Y., talks to reporters at the Capitol in Washington, Tuesday, June 18, 2019. (AP Photo/J. Scott Applewhite)
June 19, 2019 - 6:45 pm
WASHINGTON (AP) — Trump administration bargainers offered a one-year budget freeze and said Democratic spending demands remained too high as talks with congressional leaders aimed at averting deep cuts in defense and domestic programs this autumn seemed no closer to resolution. Firing back,...
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Senate Majority Leader Mitch McConnell, R-Ky., joined by his GOP leadership team, answers questions on Iran and the withdrawal of acting Defense Secretary Patrick Shanahan, during a news conference at the Capitol in Washington, Tuesday, June 18, 2019. (AP Photo/J. Scott Applewhite)
June 18, 2019 - 7:17 pm
WASHINGTON (AP) — The top Republican and Democrat on a key Senate panel have agreed on a $4.6 billion measure to house and care for immigrant refugees flocking across the U.S.-Mexico border — a long-delayed step toward averting a humanitarian tragedy at overcrowded and inadequate federal facilities...
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June 03, 2019 - 10:05 am
WASHINGTON (AP) — Spending on U.S. construction projects was unchanged in April as another decline in home construction was offset by a big gain in government spending on projects like highways and hospitals. The Commerce Department says the flat reading followed a small increase of 0.1% in March,...
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