Government business and finance

International Monetary Fund (IMF) Managing Director Christine Lagarde, right, and European Central Bank (ECB) President Mario Draghi, left, speak prior to G20 Finance Ministers' and Central Bank Governors' Meeting Saturday, June 8, 2019, in Fukuoka, western Japan. (AP Photo/Eugene Hoshiko, Pool)
June 18, 2019 - 3:54 am
FRANKFURT, Germany (AP) — European Central Bank President Mario Draghi says that the eurozone's monetary authority stands ready to cut interest rates and could re-start its bond purchase stimulus program if the economy needs it. Draghi said in a speech Tuesday at a conference in Sintra, Portugal,...
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A man walks by an electronic stock board of a securities firm in Tokyo, Tuesday, June 18, 2019. Stocks in Asia mostly advanced Tuesday ahead of interest rate decisions by the U.S. Federal Reserve and other central banks. (AP Photo/Koji Sasahara)
June 18, 2019 - 1:45 am
SINGAPORE (AP) — Asian stocks were mixed on Tuesday as caution set in ahead of interest rate decisions by the U.S. Federal Reserve and other central banks. Japan's benchmark Nikkei 225 eased 0.7% to 20,972.71 while South Korea's Kospi rose 0.4% to 2,098.71. Hong Kong's Hang Seng picked up 0.9% to...
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In this Monday, June 17, 2019, photo, Joshua Ni, 24, and Fritz Ramirez, 23, vape from electronic cigarettes in San Francisco. San Francisco supervisors are considering whether to move the city toward becoming the first in the United States to ban all sales of electronic cigarettes in an effort to crack down on youth vaping. The plan would ban the sale and distribution of e-cigarettes, as well as prohibit e-cigarette manufacturing on city property. (AP Photo/Samantha Maldonado)
June 18, 2019 - 12:12 am
SAN FRANCISCO (AP) — San Francisco supervisors are considering whether to move the city toward becoming the first in the United States to ban all sales of electronic cigarettes. It's part of an effort to crack down on youth vaping. The supervisors will vote Tuesday on measures to ban the sale and...
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FILE - In this May 29, 2019, file photo, a man watches an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo. Stocks in Asia advanced on Tuesday, June 18, 2019, ahead of interest rate decisions by the U.S. Federal Reserve and other central banks.(AP Photo/Eugene Hoshiko, File)
June 17, 2019 - 10:42 pm
SINGAPORE (AP) — Stocks in Asia mostly advanced Tuesday ahead of interest rate decisions by the U.S. Federal Reserve and other central banks. The Kospi in South Korea gained 0.5% to 2,101.43, and Hong Kong's Hang Seng picked up 0.9% to 27,471.19. The Shanghai Composite index jumped 0.2% to 2,892.53...
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FILE - In this June 4, 2019, file photo, Kelsey Rose Juliana, of Eugene, Ore, speaks at a rally for a group of young people who filed an environmental lawsuit against the U.S. government in Portland, Ore. Oregon is on the precipice of becoming the second state after California to adopt a cap-and-trade program, a market-based approach to lowering the greenhouse gas emissions behind global warming. (AP Photo/Steve Dipaola, File)
June 17, 2019 - 10:36 pm
SALEM, Ore. (AP) — Oregon is on the precipice of becoming the second state after California to adopt a cap-and-trade program, a market-based approach to lowering the greenhouse gas emissions behind global warming. The House approved the plan 36-24 Monday after nearly six hours of debate, with...
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Democratic presidential candidate Julian Castro answers a question from the audience during a FOX News Channel town hall event, Thursday, June 13, 2019, in Tempe, Ariz. (AP Photo/Ross D. Franklin)
June 17, 2019 - 3:01 pm
SAN ANTONIO (AP) — Former Obama housing secretary Julián Castro is drawing on that experience in his 2020 Democratic presidential campaign with calls for tax credits for low-income renters and ending veteran homelessness. Castro's housing plan released Monday hits close to his stint as secretary of...
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June 17, 2019 - 1:05 pm
WASHINGTON (AP) — The Supreme Court sided with the state of Virginia on Monday, finding nothing improper about its decades-old ban on mining radioactive uranium. The owners of a massive deposit of radioactive uranium, the largest known in the United States, challenged that ban, which has prevented...
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June 17, 2019 - 10:59 am
THE HAGUE, Netherlands (AP) — A Dutch court has fined oil giant Shell 2.5 million euros ($2.8 million) for breaching Dutch labor and environmental laws in a case linked to two explosions and a gas leak at a chemical plant south of Rotterdam. The East Brabant court ruled Monday that Shell did not...
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FILE - In this June 4, 2019, file photo Federal Reserve Chairman Jerome Powell speaks at a conference involving its review of its interest-rate policy strategy and communications in Chicago. On Wednesday, June 19, the Federal Reserve releases its latest monetary policy statement and updated economic projections. (AP Photo/Kiichiro Sato, File)
June 17, 2019 - 10:59 am
WASHINGTON (AP) — Jerome Powell has tantalized the financial world with the prospect that the Federal Reserve he leads may soon cut interest rates for the first time in over a decade. Probably not quite yet, though. When the Fed issues a policy statement Wednesday and Powell holds a news conference...
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Huawei founder Ren Zhengfei speaks at a roundtable at the telecom giant's headquarters in Shenzhen in southern China on Monday, June 17, 2019. Huawei's founder has likened his company to a badly damaged plane and says revenues will be $30 billion less than forecast over the next two years. (AP Photo/Dake Kang)
June 17, 2019 - 10:56 am
SHENZHEN, China (AP) — Huawei's founder said Monday that the Chinese telecom giant's revenue will be $30 billion less than forecast over the next two years, as he compared the company to a "badly damaged plane" as a result of U.S. government actions against it. "We never thought that the U.S.'s...
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