Latest Government debt News

US steps up disclosure pressure on Chinese companies

Dec. 03, 2021 04:03 AM EST

WASHINGTON (AP) — Chinese companies will have to disclose more information about audits and whether they are controlled by a government or else leave U.S. stock markets under a rule approved by securities regulators. The rule approved Thursday by the Securities and...

Kuwait's exiled opposition returns home after royal pardon

Nov. 30, 2021 04:38 AM EST

KUWAIT CITY (AP) — Several prominent Kuwaiti opposition figures have returned home from a decade of self-exile after getting amnesty from the ruling emir, a long-awaited move celebrated Tuesday that's aimed at ending the political paralysis that has burned a hole in public finances. ...

Colorado debates bonding for closing, cleaning orphan wells

Nov. 25, 2021 10:16 AM EST

DENVER (AP) — Proposed reforms meant to ensure taxpayers don’t get stuck paying to clean up oil and gas sites could actually leave the public open to eventually covering billions of dollars in costs, environmentalists and local governments contend. The Colorado Oil...

Bahrain announces $30 billion post-pandemic investment plan

Nov. 24, 2021 09:28 AM EST

DUBAI, United Arab Emirates (AP) — The island kingdom of Bahrain announced plans Wednesday for over $30 billion in spending to spur investment and build up infrastructure over the next several years, promising to create five brand-new cities on man-made islands. The...

Japan Cabinet OKs record stimulus package to fix economy

Nov. 19, 2021 08:15 AM EST

TOKYO (AP) — Japan's Cabinet approved on Friday a record 56 trillion yen ($490 billion) stimulus package, including cash handouts and aid to ailing businesses, to help the economy out of the doldrums worsened by the coronavirus pandemic. “The package has more than...

Gun discharges during cleaning in Indianapolis state office

Nov. 18, 2021 09:57 AM EST

INDIANAPOLIS (AP) — A gun accidentally discharged as an officer was cleaning the weapon inside Indiana's state government complex in downtown Indianapolis, but no one was injured, authorities said. A law enforcement officer assigned to the Indiana secretary of state’s...

Editorial Roundup: Alabama

Nov. 17, 2021 13:16 PM EST

Decatur Daily. November 14, 2021. Editorial: Local government cooperation pays off The Issue It took a decade, but the announcement that Cerrowire will be the first tenant in Morgan Center Business Park is a reminder that good...

The stock market is happy; the bond market is showing worry

Nov. 11, 2021 09:11 AM EST

NEW YORK (AP) — Things look great across most financial markets, with everything from stocks to Bitcoin near record highs. That’s not the case in the market often seen as the most steady and sober of them all: government bonds. In the bond market, yield can be thought...

US budget deficit eases to $165B in October, down 42%

Nov. 10, 2021 14:51 PM EST

The U.S. monthly budget deficit fell in October as the government collected more taxes from individuals and corporations thanks to a much improved economy emerging from the coronavirus pandemic. The Treasury Department reported Wednesday that the federal government posted...

US average long-term mortgage rates fall; 30-year at 2.98%

Nov. 10, 2021 14:10 PM EST

WASHINGTON (AP) — Average long-term mortgage rates in the U.S. fell this week, as the key 30-year rate again retreated below the 3% mark. Mortgage buyer Freddie Mac reported Wednesday that the average rate on the benchmark home loan declined to 2.98% from 3.09% last...