Government debt

An attendant shows an automotive product to a driver in front of a display with new fuel prices at a gas station in Quito, Ecuador, Tuesday, Oct. 15, 2019. The recent strike that paralyzed the Andean nation for almost two weeks, has left a gaping hole in Ecuador’s economy, this after President Lenin Moreno called back his elimination of fuel subsidies which provoked the violent protests. (AP Photo/Dolores Ochoa)
October 15, 2019 - 6:13 pm
QUITO, Ecuador (AP) — Ecuadorian President Lenín Moreno has survived the toughest political crisis of his presidency by negotiating an end to indigenous anti-austerity protests. Now he faces an even tougher challenge. Ten years of populist rule and a drop in oil prices have left Ecuador with a $64...
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Volunteers help to clean up streets in the aftermath of violent protests against the government, in Quito, Ecuador, Monday, Oct. 14, 2019. Ecuador celebrated a deal President Lenín Moreno and indigenous leaders struck late Sunday to cancel a disputed austerity package and end nearly two weeks of protests that have paralyzed the economy and left seven dead. (AP Photo/Fernando Vergara)
October 14, 2019 - 3:03 pm
QUITO, Ecuador (AP) — Thousands of indigenous demonstrators, student volunteers and local residents launched a massive cleanup Monday of a Quito park where anti-austerity protesters fought police for days, leaving piles of burning tires, trees and construction material. The cleanup began hours...
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Indigenous leaders attend negotiations with President Lenin Moreno in Quito, Ecuador, Sunday, Oct. 13, 2019. The government and indigenous protesters started negotiations aimed at defusing more than a week of demonstrations that have paralyzed the nation's economy. (AP Photo/Fernando Vergara)
October 13, 2019 - 11:14 pm
QUITO, Ecuador (AP) — President Lenín Moreno and leaders of Ecuador's indigenous peoples struck a deal late Sunday to cancel a disputed austerity package and end nearly two weeks of protests that have paralyzed the economy and left seven dead. Under the agreement announced just before 10 p.m.,...
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Old USA flag and dollars. Cash laying beside aged flag
Creative #: 531330608 License type: Royalty-free Collection: iStock / Getty Images Plus
Associated Press
October 07, 2019 - 6:57 pm
WASHINGTON (AP) — The government ran a budget deficit of just under $1 trillion in the just-closed fiscal year, the Congressional Budget Office said Monday. The $984 billion deficit tally for 2019 came in more than $200 billion more than last year's, despite very low unemployment and continuing...
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FILE - This Aug. 23, 2019, file photo shows the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Oct. 2. (AP Photo/Frank Franklin II, File)
October 02, 2019 - 2:06 pm
NEW YORK (AP) — Stocks tumbled again on Wednesday as worries about a weakening global economy boomeranged around the world. The S&P 500 lost as much as 2.2% in afternoon trading and was on track for its first back-to-back loss of at least 1% since late last year, when fears about a possible...
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Republican presidential candidate, former South Carolina Gov. Mark Sanford chats with patrons at the Puritan Backroom restaurant, as he campaigns, Thursday, Sept. 19, 2019, in Manchester, N.H. (AP Photo/Elise Amendola)
September 19, 2019 - 8:34 pm
MANCHESTER, N.H. (AP) — Mark Sanford's first presidential campaign stop in New Hampshire began with an interruption in the hopes of being heard. Sanford, the former South Carolina governor and congressman, entered a Manchester diner and found his way to an AARP meeting in the back. "Can I be rude...
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Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee, Wednesday, Sept. 18, 2019, in Washington. (AP Photo/Patrick Semansky)
September 18, 2019 - 4:03 pm
The Federal Reserve has cut its benchmark interest rate again, big news for the U.S. economy but something that will likely have a muted impact on Americans' personal finances, experts say. That's because the reduction doesn't offset the increases of recent years. And as the key rate creeps closer...
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Traders Edward Curran, left, and Gregory Rowe work on the floor of the New York Stock Exchange, Friday, Sept. 13, 2019. Stocks are having a mixed performance early on Wall Street Friday as gains in banks and energy companies are offset somewhat by a drop in technology stocks. (AP Photo/Richard Drew)
September 13, 2019 - 12:06 pm
NEW YORK (AP) — U.S. stocks gave a mixed performance in midday trading on Friday as health care, banks and industrial companies gained ground and offset a decline in technology stocks. Still, stocks are on track for their third straight weekly gain, having been bolstered in prior sessions by an...
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FILE - In this March 2, 2018 file photo, a worker cleans big machine parts of presses manufacturer Schüler AG in Goeppingen, Germany. German factory orders, a leading indicator of the health of Europe's biggest economy, dropped strongly in July, erasing gains from the previous month. The Federal Statistical Office reported Thursday industrial orders dropped 2.7% in July over June when adjusted for seasonal and calendar factors, wiping out a 2.7% June increase. (Marijan Murat/dpa via AP)
September 12, 2019 - 5:19 pm
WASHINGTON (AP) — The Federal Reserve and the European Central Bank are struggling mightily to invigorate their economies at a time when growth is slowing, governments remain on the sidelines and the banks' usual stimulative tools appear less effective than in the past. On Thursday, the ECB...
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FILE - In this July 16, 2019, file photo an American flag flies on the Capitol Dome in Washington. On Thursday, Sept. 12, the Treasury Department releases federal budget data for August. (AP Photo/Carolyn Kaster, File)
September 12, 2019 - 3:49 pm
WASHINGTON (AP) — The U.S. government's budget deficit increased by $169 billion to $1.07 trillion in the first 11 months of this budget year as spending grew faster than tax collections. The Treasury Department reported Thursday that the deficit with just one month left in the budget year is up 18...
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