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Government business and finance

  • Media group: Zimbabwe radio receiver ban illegal

    Media freedom campaigners said Friday police in Zimbabwe are breaking the law by seizing and banning small radio receivers that can tune in to ... 

  • GOVT EMPLOYMENT

    Gov't downsizes amid GOP demands for more cuts

    Republicans and other fiscal conservatives keep insisting on more federal austerity and a smaller government. Without much fanfare or acknowledgement, ... 

  • Strike ends in Malawi with pay rise

    The Malawi government has agreed to raise public workers' salaries by 60 percent, ending a two-week old strike, a union leader said. Civil Service ... 

  • John Kitzhaber

    Govs to hear Oregon health care plan

    Oregon Gov. John Kitzhaber will brief other state leaders this weekend on his plan to lower Medicaid costs, touting an overhaul that President Barack ... 

  • Argentine trains still perilous a year after crash

    The bustling "Once de Septiembre" station in the heart of Buenos Aires looks much the same as it did nearly a year ago, when Argentina's worst train ... 

  • Snyder: People already turning down Detroit job

    Some people are already telling Michigan Gov. Rick Snyder that they don't want the job of fixing Detroit's financial woes, even before he's decided ... 

  • AIG slides to a loss, hurt by Superstorm Sandy

    American International Group lost $4 billion in the last three months of 2012 as the insurer absorbed costs related to damage caused by Superstorm ... 

  • Jay Carney

    Obama calls Boehner, McConnell as budget cuts loom

    Signaling an attempt to break an impasse, President Barack Obama on Thursday placed calls to House Speaker John Boehner and Senate Republican leader ... 

  • Sequester Q&A: For US, a new season of uncertainty

    Here comes the sequester: big federal spending cuts and a new season of economic uncertainty for a nation still trying to shake off a recession. 

  • US stocks keep sliding on weak data, Fed qualms

    U.S. stocks continued a two-day slide Thursday on weak economic data and concern about the Federal Reserve's resolve to keep juicing the economy. 

  • NATO to consider maintaining larger Afghan force

    NATO is strongly considering a proposal to continue funding a security force of 352,000 Afghan troops through 2018, as part of an effort to maintain ... 

  • Cuba lets borrowers use gems, autos as collateral

    Cubans can now use personal property such as jewelry, cars and works of art as collateral for loan applications under the island's nascent lending ... 

  • Barack Obama

    THE RESET: Obama, GOP battles don't affect Fed job

    While the White House and Congress lurch combatively from one budget crisis to the next, another Washington institution has been bolstering the ... 

  • US consumer prices flat in January for 2nd month

    U.S. consumer prices were flat in January from December for the second month in a row, the latest sign inflation is in check. That could give the ... 

  • Claims for US jobless aid suggest modest hiring

    The number of Americans seeking unemployment benefits jumped 20,000 last week to a seasonally adjusted 362,000, though it remains at a level that ... 

  • ECB: Nearly half of bond holdings from Italy

    The European Central Bank says Italian government bonds account for nearly half of its total holdings under a now discontinued bond-buying program ... 

  • Anders Fogh Rasmussen

    NATO chief urges countries to halt defense cuts

    The head of NATO urged member countries Thursday to stop cutting their defense budgets in response to tough economic times, saying continued ... 

  • Mariano Rajoy

    Spain sells government bonds at lower rates

    Spain has paid lower interest rates to raise €4.2 billion ($5.7 billion) in an auction of bonds, suggesting improved investor confidence in the ... 

  • Angela Merkel

    German chancellor champions trans-Atlantic trade

    Chancellor Angela Merkel says a proposed trans-Atlantic trade agreement between the European Union and the United States has Germany's strong backing, ... 

  • Italian traditions provide buffers to the crisis

    Self-made Italians like Amedeo Tartarini never expected to need help. Tartarini's goldsmith business thrived for decades in Italy's postwar boom. 

  • Alan Simpson, Erskine Bowles, Pete Domenici, Alice Rivlin

    Domenici acknowledges having son outside marriage

    For nearly 40 years, Sen. Pete Domenici's reputation was that of a well-respected — some might say staid — conservative Republican and honorable ... 

  • Insurer Allianz doubles net profit in 2012

    Insurance company Allianz SE says net profit almost doubled last year as losses on Greek bonds no longer weighed down its results. The Munich-based ... 

  • Percy Thompson III

    NJ's biggest utility outlines plans to stormproof

    New Jersey's largest utility company wants to spend nearly $4 billion over the next decade to stormproof its electric and gas system after Superstorm ... 

  • John Kerry

    Pentagon notifies Congress of likely furloughs

    Defense Secretary Leon Panetta told Congress on Wednesday that if automatic government spending cuts kick in on March 1 he may have to shorten the ... 

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