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Saturday, October 24, 2020
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UK government borrowing hits record due to pandemic

LONDON (AP) — The COVID-19 pandemic is battering Britain’s public finances, pushing government borrowing to a record last month as tax revenue fell and...

Awash in red ink: US posts record $3.1T 2020 budget deficit

WASHINGTON (AP) — The federal budget deficit hit an all-time high of $3.1 trillion in the 2020 budget year, more than double the previous...

Greece’s economy to shrink by estimated 8.2% this year

ATHENS, Greece (AP) — Greece’s economy will contract by an estimated 8.2% this year due to the effects of the coronavirus pandemic before picking...

Police departments seeing modest cuts, but not ‘defunding’

DAVENPORT, Iowa (AP) — The racial justice protests following the death of George Floyd earlier this year prompted calls to “defund the police” in...

Pelosi and Mnuchin have ‘extensive’ talks on COVID relief

WASHINGTON (AP) — House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin held an “extensive conversation" Wednesday on a huge COVID-19 rescue package, meeting...

Stopgap bill to prevent shutdown held up over farm funding

WASHINGTON (AP) — Efforts to fashion a temporary spending bill needed to avert a government shutdown at the end of the month ran aground...

‘Nothing left in the bucket’: Wildfire resources run thin

Justin Silvera came off the fire lines in Northern California after a grueling 36 straight days battling wildfires and evacuating residents ahead of the...

US budget deficit hits record $3 trillion through 11 months

WASHINGTON (AP) — The U.S. budget deficit hit an all-time high of $3 trillion for the first 11 months of this budget year, the...

No virus aid before election? Pessimism before Senate vote

WASHINGTON (AP) — Top Republican senators made pessimistic predictions Wednesday about securing a bipartisan coronavirus relief package before the November election, signaling instead they...

Japan’s economy shrinks 28% in 2Q, worse than 1st estimate

TOKYO (AP) — Japan’s economy shrank at a record, even worse rate in the April-June quarter than initially estimated. ...

Budget deficit to hit record $3.3T due to virus, recession

WASHINGTON (AP) — The...

Budget deficit to hit record $3.3T due to virus, recession

WASHINGTON (AP) — The...

Canada’s finance minister steps down amid pandemic

TORONTO (AP) — Canada’s...

Saudi Aramco half-year profits plunge 50% from virus impact

DUBAI, United Arab Emirates...

Asian shares fall on jitters over US stimulus, China trade

BEIJING (AP) — Major...

US is expected to report a record-breaking economic plunge

WASHINGTON (AP) — Having...

Democrats, GOP far apart on virus aid; Trump wants a deal

WASHINGTON (AP) — A...

Despite COVID crisis, Congress seeks to do its day job

WASHINGTON (AP) — Even...

Groups push to remove proposed funding for nuclear testing

ALBUQUERQUE, N.M. (AP) —...

Pandemic to cost Australia government $131 billion this year

CANBERRA, Australia (AP) —...

Stimulus package breaks new ground in European unity

FRANKFURT, Germany (AP) —...

US construction spending fell 2.1% in May

WASHINGTON (AP) — U.S....

California’s budget has billions in cuts to close deficit

SACRAMENTO, Calif. (AP) —...

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