Government business and finance

Wisconsin Gov. Tony Evers talks to reporters Wednesday, Feb. 20, 2019, in Madison, Wis. Evers says he anticipates not supporting a Republican middle class tax cut bill that passed with no Democratic votes. (AP Photo/Scott Bauer)
February 20, 2019 - 4:13 pm
MADISON, Wis. (AP) — Wisconsin Gov. Tony Evers vetoed a GOP income tax cut bill Wednesday in an early showdown with legislative Republicans who had moved to weaken the Democrat's powers just weeks before he took office. Republicans rushed to pass the bill, the first they introduced this year,...
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FILE- In this Jan. 30, 2019, file photo Federal Reserve Chairman Jerome Powell speaks at a news conference in Washington. On Wednesday, Feb. 20, the Federal Reserve releases minutes from its January meeting, when it held its benchmark interest rate steady and sent a strong signal that it sees no need to raise rates anytime soon. (AP Photo/Alex Brandon, File)
February 20, 2019 - 2:46 pm
WASHINGTON (AP) — Federal Reserve policymakers last month noted greater threats to the U.S. economy, ranging from adverse effects of the government shutdown to rising trade tensions, and decided to emphasize that they would be "patient" in raising interest rates. Minutes of the Fed's January...
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February 20, 2019 - 2:46 pm
SPRINGFIELD, Ill. (AP) — New Illinois Gov. J.B. Pritzker proposed a budget Wednesday that relies partly on tax revenues from two industries that currently aren't even legal in the state, which is saddled with billions of dollars in pension obligations and other debts. Pritzker's $39 billion...
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February 20, 2019 - 12:58 pm
WASHINGTON (AP) — The Supreme Court said Wednesday that the state of West Virginia unlawfully discriminated against a retired U.S. marshal when it excluded him from a more generous tax break given to former state law enforcement officers. West Virginia law exempts state law enforcement retirees,...
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February 20, 2019 - 10:54 am
HARARE, Zimbabwe (AP) — Zimbabwe, without its own currency for a decade, took steps to address its worsening economic crisis by allowing its surrogate currency, bond notes, and electronic funds to float freely against other major currencies, abandoning an official but artificial parity with the...
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February 20, 2019 - 10:18 am
WASHINGTON (AP) — Two leading advocates for retired NFL players have teamed up in pushing for increased pension benefits for pre-1993 retirees. The Pro Football Retired Players Association, a nonprofit chaired by Hall of Famer Jim Brown, donated $100,000 to Fairness for Athletes in Retirement, a...
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February 20, 2019 - 10:10 am
BERLIN (AP) — German authorities say no former Nazi SS soldiers are receiving disability pensions in Belgium, responding to concerns raised by lawmakers there. The Labor Ministry said Wednesday that 18 people in Belgium are receiving war disability pensions but "there are no former members of the...
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Former CEO of Global Wealth Management and Business Banking at UBS AG Raoul Weil leaves the Paris courthouse in Paris, France, Wednesday, Feb. 20, 2019. A Paris court has ordered Swiss bank UBS to pay 3.7 billion euros ($4.2 billion) in fines for helping wealthy French clients evade tax authorities. (AP Photo/Michel Euler)
February 20, 2019 - 9:38 am
PARIS (AP) — A French court ordered Switzerland's largest bank, UBS, to pay 4.5 billion euros ($5.1 billion) in fines and damages for helping wealthy French clients evade tax authorities, wrapping up one of France's biggest-ever tax evasion trials. The Paris court convicted Zurich-based UBS AG on...
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February 20, 2019 - 7:56 am
JOHANNESBURG (AP) — South Africa's minister of finance says that the government will loan the troubled state power company, Eskom, 69 billion rand ($4.9 billion) to help it service its debts. Delivering the 2019 budget to parliament, Finance Minister Tito Mboweni said the loan would help Eskom...
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File -- In this Tuesday, April 25, 2017 photo German Eurofighter Typhoon fighter jets participate in NATO's Baltic Air Policing Mission operate in Lithuanian airspace during an air force exercise. Britain's top diplomat is demanding that Germany relax its ban on arms sales to Saudi Arabia because they are affecting UK sales of weapons to the oil-rich kingdom. (AP Photo/Mindaugas Kulbis, file)
February 20, 2019 - 7:49 am
BERLIN (AP) — Britain's top diplomat has urged Germany to relax its ban on arms sales to Saudi Arabia because they are affecting U.K. sales of weapons to — and by extension its influence with — the oil-rich kingdom. The German weekly Der Spiegel reported Wednesday that British Foreign Minister...
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