Tag: Economy
New Treasury office to oversee billions in virus relief help
<p>WASHINGTON — The Treasury Department has created a new office to supervise the disbursement of the billions of dollars in relief money authorized by...
Senate OKs tough former regulator as market watchdog chief
<p>WASHINGTON — The Senate has approved President Joe Biden’s choice of Gary Gensler to head the Securities and Exchange Commission, signaling an emphasis on...
Fed leaders agree: Economics has a racial-disparity problem
WASHINGTON — Top Federal Reserve policymakers on Tuesday underscored their concern that Black and Hispanic people are sharply underrepresented in the economics field, which...
UK economy grows 0.4% amid confidence from vaccine rollout
<p>LONDON — The U.K. economy grew 0.4% in February, rebounding from a sharp drop the previous month, as the rapid rollout of COVID-19 vaccines...
Spain’s PM wants EU recovery funds to transform the nation
<p>BARCELONA, Spain — Spain's left-wing government wants the massive coronavirus windfall it will be receiving from the European Union to transform the nation after...
Syrian leader sacks Central Bank chief amid currency crash
<p>BEIRUT — President Bashar Assad sacked the governor of war-ravaged Syria’s Central Bank on Tuesday amid a crash in the currency in recent months.</p>
...
Banks to see big profits as COVID ‘bad’ loans become ‘good’
<p>NEW YORK — The nation’s largest banks are expected to report big profits for the first quarter amid renewed confidence that pandemic-battered consumers and...
Czechs reject mandatory quotas on local food in stores
<p>PRAGUE — Czech lawmakers have rejected a proposed bill to reduce dependency on food imports by imposing a quota of locally-produced food to be...
Fed leaders agree: Economics has a racial-disparity problem
<p>WASHINGTON — Top Federal Reserve policymakers on Tuesday underscored their concern that Black and Hispanic people are sharply underrepresented in the economics field, which...
UK economy grows 0.4% amid confidence from vaccine rollout
LONDON — The U.K. economy grew 0.4% in February, rebounding from a sharp drop the previous month, as the rapid rollout of COVID-19 vaccines...