Latest Government policy News

US indexes inch up as stocks churn, markets await trade deal

Nov. 18, 2019 4:31 PM EST

NEW YORK (AP) — The U.S. stock market inched higher Monday, the latest nudge in its record-setting, six-week run, as markets wait for the next development in trade talks between the United States and China. All three major indexes edged above the all-time highs they set on Friday, though the seemingly...

US cancels civil nuclear cooperation waiver for Iran

Nov. 18, 2019 3:25 PM EST

WASHINGTON (AP) — Secretary of State Mike Pompeo said Monday he is canceling one of four sanctions waivers that had allowed foreign companies to work with Iran's civilian nuclear program without U.S. penalties. Pompeo also warned Iran’s leadership not to crack down on protests that recent fuel price...

Trump summons Powell to discuss rates amid WH attacks on Fed

Nov. 18, 2019 2:43 PM EST

WASHINGTON (AP) — President Donald Trump summoned Federal Reserve Chairman Jerome Powell to the White House on Monday to discuss the economy and interest rates — issues on which Trump has repeatedly attacked the Fed. The Fed said in a statement that Powell’s message to Trump during their...

Alaska tax change group sues over ballot initiative wording

Nov. 18, 2019 2:25 PM EST

ANCHORAGE, Alaska (AP) — A group seeking changes to Alaska’s oil tax credit system filed a lawsuit against state officials over language describing its initiative. Vote Yes for Alaska’s Fair Share filed a complaint in Anchorage Superior Court Nov. 14 against Republican Lt. Gov. Kevin Meyer...

Iran downplays, demonizes protests amid internet shutdown

Nov. 18, 2019 2:11 PM EST

DUBAI, United Arab Emirates (AP) — Iranian officials on Monday alternatively downplayed and demonized ongoing protests across the country that have killed at least five people and put renewed pressure on Iran’s government as it struggles to overcome U.S. sanctions. The full scale of the protests,...

Stocks subdued after US record highs, eyes on trade talks

Nov. 18, 2019 7:59 AM EST

TOKYO (AP) — Global markets were subdued Monday as investors look for developments in the U.S.-China trade war and the outlook for stocks after Wall Street indexes hit record highs last week. France’s CAC 40 slipped 0.1% to 5,931 and Germany’s DAX also fell 0.1% to 13,229. Britain’s...

AP Explains: Iran gas price protests quickly turn violent

Nov. 18, 2019 7:10 AM EST

DUBAI, United Arab Emirates (AP) — Protests over gasoline prices have swept across some 100 cities and towns in Iran, turning violent faster than widespread economic protests in 2017 and rallies over the country’s disputed 2009 presidential election. The scale of the unrest that began on Friday...

In the House impeachment drama, Russia still plays big role

Nov. 18, 2019 3:13 AM EST

WASHINGTON (AP) — For all the talk about Ukraine in the House impeachment inquiry, there’s a character standing just off-stage with a dominant role in this tale of international intrigue: Russia. As has so often been the case since President Donald Trump took office, Moscow provides the mood music...

Asian shares mixed amid cautious mood, eyes on trade talks

Nov. 17, 2019 10:21 PM EST

TOKYO (AP) — Asian shares are mixed Monday in a cautious mode after Wall Street closed out the week with milestones as the Dow Jones Industrial Average crossed 28,000 for the first time and the S&P 500 and Nasdaq hit record highs. Japan’s benchmark Nikkei 225 inched up nearly 0.2% to 23,344.06...

Grants to curb youth substance abuse slated for Maine

Nov. 17, 2019 1:57 PM EST

RUMFORD, Maine (AP) — Maine’s two U.S. senators say federal assistance is coming to the state to help prevent substance abuse among young people. Republican Sen. Susan Collins and independent Sen. Angus King say the Office of National Drug Control Policy has awarded more than $2.1 million to 17...