Government Business And Finance

Fannie Mae loses $6.5 billion in 4Q on tax change

Feb 14, 2018

Fannie Mae reports $6.5 billion loss in 4Q, will seek taxpayer help as its net worth sinks to a $3.7 billion deficit

US inflation pressures raising expectations for rate hikes

Feb 14, 2018

US inflation pressures seem to be mounting, potentially fueling more rate hikes

Sales tax breaks to lure data centers booming in Virginia

Feb 14, 2018

Tax breaks to attract some of the world's richest companies to Virginia have exploded as the state has become a top global market for data centers

AP FACT CHECK: Trump vastly overstates depth of labor pool

Feb 14, 2018

AP FACT CHECK: Trump vastly overstates depth of labor pool he's counting on for a manufacturing revival

Markets Right Now: Banks gain, leading US stocks higher

Feb 14, 2018

Stocks shook off an early decline and are mostly higher in midday trading, led by banks.

Trump-sought military parade could cost $10M-$30M

Feb 14, 2018

The White House budget director says a military parade envisioned by President Donald Trump could cost between $10 million and $30 million, though it's not included in the administration's new budget request

Rise in core consumer prices stokes inflation fears

Feb 14, 2018

US core consumer prices rose 0.3 percent in January, the most in a year as inflation fears intensify

UK's Boris Johnson seeks to reassure Brexit skeptics

Feb 14, 2018

Foreign Secretary Boris Johnson says Britain should make a clean break with European Union laws and regulations after it leaves the bloc, arguing that the U.K. will prosper after Brexit by "going global."

China appeals to Trump to avoid disrupting trade

Feb 14, 2018

China has appealed to U.S. President Donald Trump to settle trade disputes over steel and aluminum after Trump said he would soon decide whether to impose tariffs or quotas

Oregon House OKs health care as a right, funding questioned

Feb 13, 2018

Oregon's Legislature took a step toward enshrining the right to health care in the state Constitution, which would be unprecedented in the United States but raises funding questions

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