Category Archives:
Biden says his upcoming budget proposal will include some higher taxes
VIRGINIA BEACH, Virginia (Reuters) - U.S. President Joe Biden said on Tuesday that his upcoming March 9 budget proposal to Congress will include some higher taxes, including on billionaires. Biden sai...
Feb 28, 2023
Colombia cabinet shuffle, health reform cause markets to wobble
By Nelson Bocanegra BOGOTA (Reuters) - The decision by Colombia's leftist President Gustavo Petro to replace three ministers this week, as well as the forecast costs of a health reform making its way ...
Feb 28, 2023
Tennessee governor will sign bills restricting drag, transgender youth treatment
By Jonathan Allen (Reuters) - Tennessee Governor Bill Lee said he would sign into law bills that passed the legislature last week banning gender-affirming treatment for transgender youth and restricti...
Feb 28, 2023
McConnell calls for higher US defense spending over the next year
WASHINGTON (Reuters) - U.S. Senate Republican leader Mitch McConnell called on Congress on Tuesday to increase defense spending in the coming year to confront what he termed growing threats from Russi...
Feb 28, 2023
NY Fed paper says government should clarify, formalize bond market interventions
By Michael S. Derby (Reuters) - Authorities need to move beyond ad-hoc responses to episodes of government bond market tumult and clarify how a central bank or other parts of government will respond t...
Feb 28, 2023
US retailers’ lure cash-strapped customers with products under $5
By Siddharth Cavale and Uday Sampath Kumar NEW YORK (Reuters) - Retailers have a new sweet spot: products that cost $3 to $5. Target said on Tuesday that it would be stocking its shelves with more pro...
Feb 28, 2023
Fed should not rely too much on market reaction to guide policy, Goolsbee says
(Reuters) - The Federal Reserve must supplement traditional government data and readings from financial markets with real-time, on-the-ground observations of economic conditions if it is to make good ...
Feb 28, 2023
Airbus slams US Inflation Reduction Act for challenging European aerospace firms
WASHINGTON (Reuters) -The head of European planemaker Airbus criticized the U.S. Inflation Reduction Act on Tuesday, saying the law could make it more difficult for the European Union to accelerate it...
Feb 28, 2023
Two Fed bank boards sought no change to rates ahead of February meeting
(Reuters) - The boards of directors of the Atlanta and Dallas Federal Reserve Banks voted in mid-January to keep unchanged the rate charged to commercial banks for emergency loans, minutes of their di...
Feb 28, 2023
Factbox-Want billions to make US chips? Here is how to get them
WASHINGTON (Reuters) - The Biden administration, which is making a $52 billion push to build more chips in the United States, said on Tuesday that it would require companies winning taxpayer funds for...
Feb 28, 2023
Peoria, IL, USA
52 °F Rain
