Latest Government policy News

Detained immigrants sue over conditions, medical care

Aug. 19, 2019 2:11 PM EDT

LOS ANGELES (AP) — Immigrants held in U.S. detention facilities filed a lawsuit Monday decrying what they called shoddy medical care and a failure by authorities to provide accommodations for disabilities. In the suit filed by disability and civil rights advocates in U.S. District Court, immigrants said...

Top US CEOs rethink the meaning of shareholder value

Aug. 19, 2019 2:10 PM EDT

The "shareholder comes first" has for years been the mantra of the Business Roundtable, a group that represents the most powerful CEOs in America and their thinking. A new principles on the role of a corporation released Monday implies a foundational shift, putting shareholders on more equal footing with others...

74% of economists in survey see US recession by end of 2021

Aug. 19, 2019 2:03 PM EDT

WASHINGTON (AP) — A strong majority, 74%, of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump's economic policies that they expect a recession in the U.S. by the end of 2021. The economists surveyed by the National Association for Business Economics,...

US extends limited reprieve on tech sales to China's Huawei

Aug. 19, 2019 1:55 PM EDT

The Trump administration has extended a limited reprieve on U.S. technology sales to Huawei, even as questions remain over how much of an effect broader sanctions are having on the Chinese technology giant. Huawei has become enmeshed in the trade war between Washington and Beijing, with President Donald Trump...

Iranian tanker sought by US heading toward Greece

Aug. 19, 2019 1:48 PM EDT

GIBRALTAR (AP) — An Iranian supertanker with $130 million worth of light crude oil that the U.S. suspects is tied to a sanctioned organization left Gibraltar and was heading east into the Mediterranean Sea on Monday, with its next destination reported to be Greece. The Iran-flagged Adrian Darya 1,...

Technology companies drive a broad rally on Wall Street

Aug. 19, 2019 1:35 PM EDT

Tech companies pushed stocks broadly higher on Wall Street Monday afternoon as the market added to solid gains from a rally late last week. The surge in technology stocks followed a decision by the U.S. to give Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers. Chipmakers...

Trump calls on Federal Reserve to cut interest rates

Aug. 19, 2019 1:02 PM EDT

WASHINGTON (AP) — President Donald Trump is calling on the Federal Reserve to cut interest rates by at least a full percentage point "over a fairly short period of time," saying that such an action would make the U.S. economy even better and would also "greatly and quickly" enhance the global economy. In...

More eurozone stimulus expected after inflation revised down

Aug. 19, 2019 12:08 PM EDT

LONDON (AP) — Inflation across the 19-country eurozone was revised down for July, official figures showed Monday, bolstering expectations that the European Central Bank will provide another shot of stimulus to the single currency bloc next month. Eurostat said consumer prices across the eurozone were up 1%...

AP Exclusive: US talks secretly to Venezuela socialist boss

Aug. 19, 2019 10:52 AM EDT

BOGOTA, Colombia (AP) — The U.S. has made secret contact with Venezuela's socialist party boss as close allies of President Nicolás Maduro's inner circle seek guarantees they won't face prosecution for alleged abuses and crimes if they cede to growing demands to remove him, according to a senior Trump...

Amash dumped Trump, and now Mich. district may dump Amash

Aug. 19, 2019 10:43 AM EDT

GRAND RAPIDS, Mich. (AP) — Eirran Betka-Pope was on her lunch break when she spotted hundreds of Donald Trump supporters protesting outside the office of Rep. Justin Amash, the first Republican on Capitol Hill to say Congress should begin impeachment proceedings against the president. The protesters, who...