Tag: Government debt

States tap federal aid to shore up empty unemployment funds

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Businesses could be spared billions of dollars of higher taxes in coming years — potentially freeing up money to spend on employees or invest...

MLBPA increases investments to $178M ahead of bargaining

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NEW YORK — The Major League Baseball Players Association increased its liquid assets by about $19 million to $178.5 million ahead of collective bargaining...

Treasury warns of need to deal with national debt limit

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WASHINGTON — The Treasury Department says it will employ extraordinary measures to avoid an unprecedented default on the national debt this summer, but officials...

McConnell says GOP open to $600 billion for infrastructure

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LOUISVILLE, Ky. — Senate Minority Leader Mitch McConnell, R-Ky., said Monday that Republicans are willing to spend up to $600 billion on infrastructure, far...

Greece closer to investment grade with ratings upgrade

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Greece moved closer to investment grade late Friday after Standard & Poor’s upgraded its sovereign rating for the debt-strapped country by one notch to...

Groups push for easier student loan relief for the disabled

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Advocates for the disabled are pressing the Biden administration to cancel student debt for hundreds of thousands of Americans who have disabilities that make...

Greece: Stores open amid virus surge to help rescue economy

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ATHENS, Greece — Retail stores across most of Greece were allowed to reopen Monday despite an ongoing surge in COVID-19 infections, as the country...

Safety last: Risky investments soared at start of 2021

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NEW YORK — Who needs safety when the world's about to get back to normal? ...

Path from Clinton to Biden takes U-turn on debt, trade, more

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WASHINGTON — When Bill Clinton spoke of how to build a bridge to the 21st century, it was to be constructed with balanced budgets,...

Fed to end relaxed capital requirements for large banks

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WASHINGTON — The Federal Reserve says it will restore capital requirements for large banks that were relaxed as part of the Fed’s efforts to...