Economic policy
Jordan's King Abdullah II, center, arrives in Baghdad, Iraq, Sunday, June 27, 2021. (AP Photo/Khalid Mohammed)
Egyptian, Jordanian and Iraqi leaders meet in Baghdad

Jun. 27, 2021 11:25 AM EDT

FILE - A concrete pump frames the Capitol Dome during renovations and repairs to Lower Senate Park on Capitol Hill in Washington, Tuesday, May 18, 2021. Plans to pump money into rebuilding the nation’s roads, bridges and other infrastructure could give companies that make machinery and materials a solid foundation for growth. (AP Photo/J. Scott Applewhite, file)
Infrastructure spending promises boost for construction cos.

By Damian J. Troise Jun. 25, 2021 02:04 PM EDT

A customer wears a mask as she waits to get a receipt at a register in Target store in Vernon Hills, Ill., Sunday, May 23, 2021. Consumer spending was flat in May while incomes dropped for a second month as the impact of the government’s individual impact payments waned. (AP Photo/Nam Y. Huh)
May consumer spending flat; incomes fall and prices jump

By Martin Crutsinger Jun. 25, 2021 11:51 AM EDT

About $140 million in stimulus money targeted for tourism

Jun. 24, 2021 12:28 PM EDT
MADISON, Wis. (AP) — Wisconsin's tourism and entertainment businesses, hit hard by the coronavirus pandemic, are getting some financial help to recover. ...

FILE - In this Jan. 13, 2021 file photo, Ana Paula de Santos poses for a photo inside a room that she occupies with her husband in a building that used to house a factory, amid the new coronavirus pandemic, in Rio de Janeiro, Brazil. De Santos, who worked as a maid, has been unable to work because of COVID-19 and says that she can't afford the cost of living after the Brazilian government cut off financial aid to poor families affected by the pandemic. (AP Photo/Silvia Izquierdo, File)
Brazil scrambles to help the poor, while they barely hang on

By Marcelo Silva De Sousa Jun. 24, 2021 11:22 AM EDT

A sign displays the price of a 65-inch television lined up with countless other televisions in a Costco warehouse on Thursday, June 17, 2021, in Loen Tree, Colo. The Commerce Department said Thursday, June 24 that growth in the gross domestic product, the country’s total output of goods and services, was unchanged from two previous estimates.(AP Photo/David Zalubowski)
US economy grows 6.4% in Q1, and it's likely just the start

By Martin Crutsinger Jun. 24, 2021 09:58 AM EDT

FILE - In this Saturday, July 18, 2020, file photo, Iesha Sekou, left, founder and CEO of Street Corner Resources talks to a young man while visiting and observing potential areas of conflict and gun violence, in the Harlem neighborhood of New York. A rise in gun violence in cities across the U.S. is testing the limits of anti-violence groups that have been calling for more government funding for decades. President Joe Biden acknowledged earlier this year that community anti-violence programs have been woefully underfunded and has proposed $5 billion in new aid for them. (AP Photo/Frank Franklin II, File)
Gun violence tests limits of urban crime prevention groups

By Dave Collins Jun. 24, 2021 08:31 AM EDT

FILE - In this Wednesday, March 11, 2020 file photo, pedestrians wearing face masks pass the Bank of England in London. The Bank of England has kept its main interest rate at the record low of 0.1%. In a statement Thursday, June 24, 2021 accompanying its decision, the bank’s rate-setting Monetary Policy Committee voted unanimously to keep borrowing rates unchanged. (AP Photo/Matt Dunham, File)
Bank of England warns of rising inflation, but rates held

By Pan Pylas Jun. 24, 2021 07:26 AM EDT

Delaware House approves budget bill for upcoming fiscal year

By Randall Chase Jun. 23, 2021 05:56 PM EDT
DOVER, Del. (AP) — House lawmakers on Wednesday approved a spending plan for the fiscal year starting July 1 that adds hundreds of millions of dollars to the...

FILE - In this Nov. 2, 2020, file photo the Supreme Court is seen at sundown in Washington. (AP Photo/J. Scott Applewhite, File)
Supreme Court: Mortgage overseer structure unconstitutional

By Jessica Gresko Jun. 23, 2021 04:34 PM EDT

In this photo provided by the New York Stock Exchange, Gregory Rowe, center, talks with a fellow trader on the NYSE trading floor, Wednesday, June 23, 2021. A morning gain on Wall Street was fading away at midday Wednesday, leaving major indexes mixed. Investors are still trying to parse emerging signs of inflation and judge whether they will be transitory, as the Federal Reserve thinks they will. (Courtney Crow/New York Stock Exchange via AP)
Stocks end listless day on Wall Street mixed as calm returns

By Damian J. Troise And Stan Choe Jun. 23, 2021 02:49 PM EDT

Czech central bank raises key rate to 0.5% to tame inflation

Jun. 23, 2021 09:06 AM EDT
PRAGUE (AP) — The Czech Republic’s central bank has increased its key interest rate by a quarter-point to 0.5% in efforts to tame inflation as the economy...

Panel OKs NC Senate budget bill; Dems pan policy provisions

By Gary D. Robertson Jun. 22, 2021 03:20 PM EDT
RALEIGH, N.C. (AP) — Senate Republicans pushed their North Carolina government budget proposal through the chamber's largest committee Tuesday, rejecting...

FILE - Federal Reserve Chairman Jerome Powell, right, testifies before the Senate Banking Committee on Capitol Hill in Washington, Tuesday, Dec. 1, 2020. The economy is growing at a healthy clip, and that has accelerated inflation, Federal Reserve Chair Jerome Powell says in written testimony to be delivered Tuesday, June 22, 2021 at a congressional oversight hearing. (AP Photo/Susan Walsh, Pool)
Powell says economy growing rapidly, inflation up 'notably'

By Christopher Rugaber Jun. 21, 2021 06:24 PM EDT

North Rhine-Westphalia's State Premier and head of Germany's conservative Christian Democratic Union (CDU) party, Armin Laschet, left, and Bavaria's State Premier and leader of the Bavarian Christian Social Union (CSU) Markus Soeder arrive for a CDU/CSU leadership in Berlin, Sunday June 20, 2021, on the eve of the unveiling of their electoral program ahead of the September general election. (Odd Andersen/Pool via AP)
Merkel's bloc pledges stability, renewal to German voters

By Geir Moulson Jun. 21, 2021 08:47 AM EDT

FILE - In this Thursday, Sept. 1, 2020, file photo, Britain's Foreign Secretary Dominic Raab arrives to attend a cabinet meeting of senior government ministers at the Foreign and Commonwealth Office FCO in London. Raab is heading to Southeast Asia Monday, June 21, 2021, on start a three-nation trip as London looks to promote closer ties and trade with the region following its exit from the European Union. (Toby Melville/Pool via AP, File)
British FM heads to Southeast Asia looking for closer ties

By David Rising Jun. 21, 2021 06:20 AM EDT

Members of Uganda’s Olympic team prepare to leave for Osaka, at Narita Airport in Narita, near Tokyo early Sunday June 20, 2021. A member of the team has tested positive for the coronavirus and was barred entry into Japan, in the first detected infection among arriving athletes for the Tokyo Games opening in five weeks. (Sadayuki Goto/Kyodo News via AP)
Uganda Olympic team member tests positive for coronavirus

By Yuri Kageyama Jun. 19, 2021 09:07 PM EDT

Gas price is seen at a Mobil gas station in Vernon Hills, Ill., Friday, June 11, 2021. The rising cost of gasoline is being felt across the U.S., as the national average price has gone up from $2 per gallon last year to $3 per gallon as of June 9, according to data from the American Automobile Association. (AP Photo/Nam Y. Huh)
Republicans point to inflation in bid to retake Congress

By Will Weissert And Josh Boak Jun. 18, 2021 10:33 AM EDT

A currency trader passes by screens showing foreign exchange rates at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, June 18, 2021. Asian shares mostly rose Friday, as investors digested the latest message from the U.S. Federal Reserve on raising short-term interest rates by late 2023. (AP Photo/Ahn Young-joon)
Stocks open lower, pushing the S&P 500 toward a weekly loss

The Associated Press Jun. 18, 2021 02:34 AM EDT

FILE - In this Nov. 4, 2020 file photo, the Supreme Court is seen in Washington. The Supreme Court’s latest rejection of a Republican effort to dismantle “Obamacare” is the latest sign that the GOP must look beyond repealing that law if it wants to hone the nation’s health care problems into a winning political issue. (AP Photo/J. Scott Applewhite, File)
GOP needs new health care target; 'Obamacare' survives again

By Alan Fram Jun. 18, 2021 12:35 AM EDT