Economic policy

FILE - In this May 20, 2020, file photo, signs that read "No Job No Rent" hang from the windows of an apartment building during the coronavirus pandemic in Northwest Washington. The pandemic has shut housing courts and prompted authorities around the U.S. to initiate policies protecting renters from eviction. But not everyone is covered, and some landlords are turning to threats and harassment to force tenants out. (AP Photo/Andrew Harnik, File)
AP News
June 14, 2020 - 4:22 pm
BALTIMORE (AP) — Jeremy Rooks works the evening shift at a Georgia fast-food restaurant these days to avoid being on the street past dusk. He needs somewhere to go at night: He and his wife are homeless after the extended-stay motel where they had lived since Thanksgiving evicted them in April when...
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FILE - In this July 31, 2019 file photo, The Federal Reserve logo is shown before the start of a scheduled news conference by Chairman Jerome Powell when it ends its latest policy meeting in Washington. The Federal Reserve on Friday, June 12, 2020, promised to use its “full range of tools” to pull the country out of a deep recession caused by a global pandemic, signaling that it would keep interest rates low through 2022. (AP Photo/Manuel Balce Ceneta, File)
June 12, 2020 - 11:40 am
WASHINGTON (AP) — The Federal Reserve has promised to use its “full range of tools” to pull the country out of a deep recession caused by a global pandemic, signaling that it would keep interest rates low through 2022. In its semi-annual monetary policy report to Congress, the central bank said...
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European Energy Commissioner Maros Sefcovic addresses a video press conference following a meeting of the EU-UK Joint Committee on Brexit at the EU headquarters in Brussels, Friday, June 12, 2020. The British government said Friday it will delay bringing in full border checks on goods coming from the European Union to relieve pressure on businesses hammered by the coronavirus pandemic. (Kenzo Tribouillard, Pool Photo via AP)
June 12, 2020 - 10:33 am
LONDON (AP) — The British government said Friday it will delay bringing in full border checks on goods coming from the European Union to relieve pressure on businesses hammered by the coronavirus pandemic. But the U.K. once again ruled out delaying its full economic break with the bloc beyond the...
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A man takes pictures of a shop damaged during an anti-government protest, in Beirut, Lebanon, Friday, June 12, 2020. Lebanon's prime minister held an emergency Cabinet meeting Friday, hours after demonstrators shut roads across the country with burning tires in renewed nationwide protests spurred by a plunging national currency and economic crisis. (AP Photo/Hussein Malla)
June 12, 2020 - 7:33 am
BEIRUT (AP) — Lebanon's money changers said the country's central bank agreed Friday to inject fresh dollars into the market to prop up the national currency following a night of protests spurred by the dramatic plunging of the Lebanese pound. The protests, which degenerated into attacks on several...
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German Chancellor Angela Merkel attends a special cabinet meeting of the German government about the a stimulus program to booster the German economy after the coronavirus lockdown, at the chancellery in Berlin, Germany, Friday, June 12, 2020. (AP Photo/Markus Schreiber, Pool)
June 12, 2020 - 6:31 am
BERLIN (AP) — Germany’s Cabinet has approved a temporary cut in value-added tax starting next month in a bid to boost consumer demand in Europe’s biggest economy, a centerpiece of the country’s 130 billion-euro ($148 billion) stimulus package. The finance minister made clear Friday that he doesn't...
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FILE - In this April 4, 2018, file photo, Chinese then Finance Vice Minister Zhu Guangyao speaks during a press conference on Sino-US trade issues at the State Council Information Office in Beijing. Beijing will honor its trade deal with the U.S. and wants to see better ties with Washington, senior Chinese officials said Thursday, June 11, 2020. Zhu said the two countries should “waste no time” in improving relations to help better coordinate a response to the coronavirus pandemic. (AP Photo/Andy Wong, File)
June 11, 2020 - 8:48 pm
BEIJING (AP) — Beijing will honor its trade deal with the U.S. and wants to see better ties with Washington, senior Chinese officials said Thursday. Zhu Guangyao, a former finance minister and Cabinet adviser, said the two countries should “waste no time” in improving relations to help better...
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A currency trader walks by a screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Thursday, June 11, 2020. Asian shares were mostly lower Thursday, with Tokyo dropping more than 1% as the Japanese yen gained after the Federal Reserve said it would keep interest rates low through 2022. (AP Photo/Lee Jin-man)
June 10, 2020 - 11:57 pm
TOKYO (AP) — Asian shares were mostly lower Thursday, with Tokyo dropping more than 1% as the Japanese yen gained after the Federal Reserve said it would keep interest rates low through 2022. Asian markets had been expected to fall after the Fed signaled a long path to recovery from the devastation...
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FILE - In this Tuesday, March 3, 2020 file photo, Federal Reserve Chair Jerome Powell pauses during a news conference to discuss an announcement from the Federal Open Market Committee, in Washington. The Federal Reserve says it will keep buying bonds, Wednesday, June 10, to maintain low borrowing rates and support the U.S. economy in the midst of a recession. And it says nearly all the Fed’s policymakers foresee no rate hike through 2022. .(AP Photo/Jacquelyn Martin, File)
June 10, 2020 - 6:32 pm
WASHINGTON (AP) — Confronted with an economy gripped by recession and high unemployment, the Federal Reserve signaled Wednesday that it expects to keep its key short-term interest rate near zero through 2022. At the same time, the Fed said it will keep buying about $120 billion in Treasury and...
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A shopper in a mask walks in front of a shuttered store in downtown Allentown, Pa., Friday, May 29, 2020. Unfilled potholes, uncollected trash, un-mowed grass and, most significantly, fewer cops on the street are some of what the city of Allentown, Pennsylvania, says it’s facing unless Washington helps it plug a multimillion-dollar budget hole left by the pandemic. (AP Photo/Matt Rourke)
June 10, 2020 - 3:17 pm
ALLENTOWN, Pa. (AP) — Unfilled potholes, uncollected trash, unmown grass and, most significantly, fewer police on the street are some of what Allentown says it’s contemplating unless Washington helps it plug a multimillion-dollar budget hole left by the coronavirus pandemic. Pennsylvania’s third-...
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FILE - In this Dec. 9, 2019, file photo mist rolls over the U.S. Capitol dome on Capitol Hill in Washington. The federal government recorded a budget deficit of $1.88 trillion for the first eight months of 2020, larger than even any annual shortfalls in U.S. history. The sea of red ink grew as government spending shot up to deal with the coronavirus pandemic and tax revenue shrank when millions lost their jobs. (AP Photo/Patrick Semansky, File)
June 10, 2020 - 3:09 pm
WASHINGTON (AP) — The federal government recorded a budget deficit of $1.88 trillion for the first eight months of this budget year, larger than even any annual shortfalls in U.S. history. The sea of red ink grew as government spending shot up to deal with the coronavirus pandemic and tax revenue...
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