Tag: Economic policy
Fed chief Powell: Climate policy is for elected officials
FRANKFURT, Germany — Federal Reserve Chair Jerome Powell says the central bank can help assess risks to banks from climate change but that addressing...
USDA sending $1B in funding to country’s food bank networks
WASHINGTON — The Department of Agriculture is sending $1 billion to the country's food bank networks, seeking to expand the reach of the system...
Biden says jobs report bolsters case for government spending
President Joe Biden portrayed the May jobs report as a jumping off point for more spending on infrastructure and education to keep growth going...
Germany says economy may grow 4% this year as pandemic eases
BERLIN — The German economy, Europe's biggest, may grow up to 4% this year as the coronavirus pandemic recedes, a senior official said Thursday.
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Greece starts vaccine campaign at asylum-seeker facilities
ATHENS, Greece — Greek authorities launched a vaccination campaign Thursday for tens of thousands of asylum-seekers living in government-run facilities, starting with the islands...
Turkish lira dips to record low over Erdogan rate comments
ANKARA, Turkey — The Turkish lira dipped to new record lows on Wednesday after President Recep Tayyip Erdogan rattled investor confidence by saying he...
US urging Central America to tackle poverty, corruption
SAN JOSE, Costa Rica — U.S. Secretary of State Antony Blinken is trying to entice Central American nations to tackle the corruption and poverty...
China’s central bank tries to stop surge in currency’s value
BEIJING — China’s central bank is trying to restrain the surging exchange rate of its currency, temporarily backtracking in efforts to make the tightly...
SEC says group illegally raised $2B in crypto offering
WASHINGTON — Federal regulators have accused a group of people of promoting a securities offering tied to digital currency that raised over $2 billion...
FirstEnergy fires another executive over consulting contract
CLEVELAND — A FirstEnergy senior vice president was fired Thursday for her “inaction” regarding a 2015 amendment to a “purported” consulting contract with someone...