Government business and finance

Britain's Chancellor of the Exchequer Philip Hammond waves and poses for the media as he holds up the traditional red dispatch box, outside his official residence 11 Downing Street, before delivering his annual budget speech to Parliament, in London, Wednesday, Nov. 22, 2017. As Britain's Chancellor of the Exchequer Phillip Hammond reveals his budget to the nation, he is under pressure to ease austerity in spending plans but also needs to preserve the country's finances as Britain braces for the shock of leaving the European Union. (AP Photo/Frank Augstein)
November 22, 2017 - 11:24 am
LONDON (AP) — Britain's Treasury chief has outlined cautious spending plans to a nation bracing for the shock of leaving the European Union, amid a stream of worsening of economic forecasts that hampered room for giveaways. Philip Hammond revealed the deteriorating outlook in his annual budget...
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November 22, 2017 - 10:25 am
ATLANTIC CITY, N.J. (AP) — Internet gambling is legal in only three states, but it soon could get a big boost from the U.S. Supreme Court. Some gambling industry officials, regulators and analysts think that a favorable ruling by the high court in New Jersey's case next month seeking to legalize...
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November 22, 2017 - 8:33 am
WASHINGTON (AP) — The number of Americans filing applications for unemployment benefits fell for the first time in three weeks, pushing total applications down to a low 239,000, further evidence of the strength of the labor market. The Labor Department on Wednesday reported that applications...
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Britain's Chancellor of the Exchequer Philip Hammond poses for the media as he holds up the traditional red dispatch box, outside his official residence 11 Downing Street, before delivering his annual budget speech to Parliament, in London, Wednesday, Nov. 22, 2017. As Britain's Chancellor of the Exchequer Phillip Hammond reveals his budget to the nation, he is under pressure to ease austerity in spending plans but also needs to preserve the country's finances as Britain braces for the shock of leaving the European Union.(AP Photo/Frank Augstein)
November 22, 2017 - 7:32 am
LONDON (AP) — Britain's Treasury chief has little room to maneuver Wednesday as he reveals his spending plans to a nation bracing for the shock of Brexit. While Philip Hammond is promising to tackle a bleak economic outlook "head on," a slowing economy and stubborn deficit mean there is little...
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Britain's Chancellor of the Exchequer Philip Hammond poses for the media as he holds up the traditional red dispatch box, outside his official residence 11 Downing Street, before delivering his annual budget speech to Parliament, in London, Wednesday, Nov. 22, 2017. As Britain's Chancellor of the Exchequer Phillip Hammond reveals his budget to the nation, he is under pressure to ease austerity in spending plans but also needs to preserve the country's finances as Britain braces for the shock of leaving the European Union.(AP Photo/Frank Augstein)
November 22, 2017 - 7:19 am
LONDON (AP) — Britain's Treasury chief has little room to maneuver Wednesday as he reveals his spending plans to a nation bracing for the shock of Brexit. While Philip Hammond is promising to tackle a bleak economic outlook "head on," a slowing economy and stubborn deficit mean there is little...
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FILE - In this Sept. 5, 2017, file photo, trucks transport goods to North Korea through the Friendship Bridge linking China and North Korea, as seen from Dandong in northeastern China's Liaoning Province. China has criticized unilateral sanctions and "long-arm jurisdiction" by other governments after Washington penalized Chinese companies accused of trading with North Korea. The Chinese foreign ministry gave no indication whether Beijing might take action in response. (Minoru Iwasaki/Kyodo News via AP)
November 22, 2017 - 6:01 am
BEIJING (AP) — China on Wednesday criticized "unilateral sanctions and long-arm jurisdiction" by other governments after Washington penalized Chinese companies accused of trading with North Korea. Beijing is "fully implementing" U.N. Security Council sanctions imposed over the North's pursuit of...
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November 22, 2017 - 5:12 am
DETROIT (AP) — A wide-ranging Great Lakes cleanup program would receive $300 million next year under a spending bill approved by the Senate Appropriations Committee. The measure cleared the committee this week and now goes to the full Senate. The Great Lakes Restoration Initiative focuses on the...
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FILE - In this Thursday, March 16, 2017 file photo, Britain's Chancellor Philip Hammond walks out of 11 Downing Street in London. Britain's Treasury chief is likely to ignore demands that the government ease seven years of austerity when he unveils the budget Wednesday Nov. 22, 2017, opting instead to keep a tight rein on spending as economic growth slows and the country prepares for the impact of Brexit. (AP Photo/Frank Augstein, File)
November 22, 2017 - 4:44 am
LONDON (AP) — Britain's Treasury chief is between a rock and a hard place as he reveals his budget to the nation. Phillip Hammond is under pressure to ease austerity in spending plans due Wednesday. But he also needs to preserve the country's finances as Britain braces for the shock of leaving the...
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President Donald Trump points to reporters after speaking at the White House, Tuesday, Nov. 21, 2017, in Washington, as he and his family were leaving for a Thanksgiving trip to his Mar-a-Lago estate in Palm Beach, Fla. (AP Photo/Manuel Balce Ceneta)
November 22, 2017 - 3:24 am
WASHINGTON (AP) — The Trump administration imposed new sanctions on a slew of North Korean shipping firms and Chinese trading companies in its latest push to isolate the rogue nation over its nuclear weapons development and deprive it of revenue. The Treasury Department also designated a North...
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Federal Reserve Chair Janet Yellen participates in a moderated discussion at New York University's Stern School of Business, Tuesday, Nov. 21, 2017, in New York. (AP Photo/Craig Ruttle)
November 21, 2017 - 8:22 pm
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen said Tuesday that the biggest challenge facing the central bank in coming years will be to craft an interest rate policy that avoids putting the economy through a "boom-bust" cycle. She said that going forward, the Fed will be faced with a...
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