Tag: Government finance
Survey: Business economists favor increased federal spending
WASHINGTON — A majority of business economists think the recovering economy will benefit from much more government spending despite concerns in financial markets that...
Treasury says some state tax cuts OK under Biden relief act
JEFFERSON CITY, Mo. — Responding to concerns from state officials, the U.S. Treasury Department said Wednesday that states can cut taxes without penalty under...
COVID tax break could open door to student loan forgiveness
The tax break on college debt cancellations in the COVID-19 relief package signed last week by President Joe Biden has removed a potential roadblock...
Fed to end relaxed capital requirements for large banks
WASHINGTON — The Federal Reserve says it will restore capital requirements for large banks that were relaxed as part of the Fed’s efforts to...
Subpoenas target Baltimore’s top prosecutor, city councilman
BALTIMORE — Federal prosecutors have launched a criminal investigation into the finances of Baltimore's top prosecutor and her husband, who is city council president.
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Greece issues 30-year bond to smooth debt costs
ATHENS, Greece — Greece on Wednesday launched a 30-year government bond auction, hoping to take advantage of low interest rates to improve its debt...
Lawmakers fear turning 144 cities into “micropolitan” areas
A bipartisan group of U.S. senators and congressmen is urging the federal government not to approve recommendations to remove 144 cities from the designation...
Indiana RV maker plans luxury RV expansion, 650 new jobs
ELKHART, Ind. — A recreational vehicle manufacturer announced plans Tuesday to expand production of luxury RVs at its northern Indiana campus and create up...
Neil Clark, lobbyist named in $60M Ohio bribery probe, dies
COLUMBUS, Ohio — A longtime Ohio lobbyist who had pleaded not guilty in a sweeping federal bribery investigation died Tuesday, a former U.S. attorney...
Former Evansville housing exec gets probation for theft
EVANSVILLE, Ind. — A former top executive at a southwestern Indiana nonprofit that provides housing for veterans and homeless families was sentenced to two...
