Government business and finance

FILE - In this Friday, March 27, 2020, file photo, a man walks past the closed Cafe Du Monde restaurant in the French Quarter of New Orleans. President-elect Joe Biden will inherit a mangled U.S. economy, one that never fully healed from the coronavirus and could suffer again as new infections are climbing. The once robust recovery has shown signs of gasping after federal aid lapsed. Ten million remain jobless and more layoffs are becoming permanent. The Federal Reserve found that factory output dropped. (AP Photo/Gerald Herbert, File)
November 08, 2020 - 11:55 pm
BALTIMORE (AP) — Joe Biden will inherit a mangled U.S. economy — one that never fully healed from the coronavirus and could suffer again as new infections are climbing. The once robust recovery has shown signs of gasping after federal aid lapsed. Ten million remain jobless and more layoffs are...
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FILE - Britian's Prime Minister Boris Johnson carries a wreath, during the Remembrance Sunday service at the Cenotaph, in Whitehall, London, Sunday Nov. 8, 2020. Johnson says Britain and the United States will work together to support democracy and combat climate change. He denies that his close ties to President Donald Trump would hurt U.K.-U.S relations once President-elect Joe Biden takes office in January. (Peter Nicholls/Pool Photo via AP, File)
November 08, 2020 - 11:00 am
LONDON (AP) — Boris Johnson’s famous charm worked wonders on Donald Trump, but he faces a tougher audience in Joe Biden. Britain's prime minister promised Sunday to work with the U.S. president-elect to spread democracy, defend human rights and combat climate change, as he sought to woo a leader...
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In this photo released by the official website of the office of the Iranian Presidency, President Hassan Rouhani speaks in a meeting in Tehran, Iran, Sunday, Nov. 8, 2020. On Sunday, Rouhani called on President-elect Joe Biden to "compensate for past mistakes" and return the U.S. to Tehran's 2015 nuclear deal with world powers. (Iranian Presidency Office via AP)
November 08, 2020 - 6:50 am
TEHRAN, Iran (AP) — Iran's president called on President-elect Joe Biden to “compensate for past mistakes” and return the U.S. to Tehran's 2015 nuclear deal with world powers, a state-run news agency reported Sunday. Hassan Rouhani's comments mark the highest-level response from Iran to Biden and...
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A passer-by takes a selfie with an extra newspaper reporting on President-elect Joe Biden's win in the U.S. presidential election, in Tokyo Sunday, Nov. 8, 2020. The headline reads: “Mr. Biden Assured to win.”(AP Photo/Eugene Hoshiko)
November 08, 2020 - 12:05 am
World leaders on Sunday cheered Joe Biden’s election as U.S. president as a chance to enhance cooperation on climate change, the coronavirus and other problems after four years of President Donald Trump's rejection of international alliances. Trump had yet to concede defeat, but Western and Asian...
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November 07, 2020 - 4:50 pm
WASHINGTON (AP) — Medicare's ‘Part B’ monthly premium for outpatient care will go up by $3.90 next year to $148.50, officials announced late Friday afternoon. For most retirees, the health care cost increase will claim a significant slice of their Social Security cost-of-living adjustment, or COLA...
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The Supreme Court in Washington on the day after the election, Wednesday, Nov. 4, 2020. (AP Photo/J. Scott Applewhite)
November 07, 2020 - 6:28 am
WASHINGTON (AP) — Until six weeks ago, defenders of the Affordable Care Act could take comfort in some simple math. Five Supreme Court justices who had twice preserved the Obama-era health care law remained on the bench and seemed unlikely votes to dismantle it. But Justice Ruth Bader Ginsburg's...
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People walk inside historical Covered Bazar, one of homes of exchange offices in Istanbul, Friday, Aug. 7, 2020. Turkey's currency tumbled further Friday, hitting another record low. The Turkish lira dropped to 7.3677 against the dollar before making a recovery. The lira is down about 19% versus the U.S. currency since the beginning of the year. (AP Photo/Emrah Gurel)
November 07, 2020 - 12:10 am
ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan on Saturday dismissed the head of the country’s central bank following a period of high inflation and record lows for the lira. Former Finance Minister Naci Agbal was brought in to replace Murat Uysal, according to a presidential decree...
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November 06, 2020 - 4:39 pm
NEW YORK (AP) — Sotheby's helped an art collector dodge millions of dollars in New York sales taxes, the state attorney general said in a lawsuit filed Friday, accusing the prominent auction house of accepting bogus documentation to spare a top client a tax bill. The case involves $27 million worth...
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November 06, 2020 - 5:46 am
LONDON (AP) — Britain's spending watchdog warned Friday that there is likely to be “significant disruption” to trade with the European Union at the start of next year even if a trade deal between the two sides is agreed in time. The National Audit Office, which assesses government spending, noted...
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Men wearing masks against the spread of the coronavirus stand near an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Nov. 6, 2020. Asian stock markets were mixed Friday after Wall Street rose amid protracted vote-counting following this week's U.S. elections. (AP Photo/Eugene Hoshiko)
November 05, 2020 - 9:54 pm
BEIJING (AP) — Asian stock markets were mixed Friday after Wall Street rose amid protracted vote-counting following this week's U.S. elections. Tokyo and Sydney advanced while Shanghai and Hong Kong declined. Seoul swung between gains and losses. Markets are betting on control of the U.S. Congress...
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