Tag: Financial markets
Text of the Federal Reserve’s statement after its meeting
WASHINGTON — Below is the statement the Fed released Wednesday after its policy meeting ended:
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Lebanese president calls on PM to form Cabinet immediately
BEIRUT — Lebanon’s president called Wednesday on the prime minister-designate to form a government immediately or step aside as the country plunges deeper into...
In war-torn Syria, uprising birthplace seethes 10 years on
<p>BEIRUT — Daraa was an impoverished, neglected provincial city in the farmlands of Syria’s south, an overwhelmingly Sunni Muslim backwater far from the more...
Russian FM discusses Middle Eastern affairs with Hezbollah
BEIRUT — Russia’s foreign minister discussed the situation in Lebanon and the Middle East on Monday with a delegation from the militant Hezbollah group,...
Why good news for the economy can be a drag on your 401(k)
NEW YORK — A huge shift is underway within the stock market, one that might roil your 401(k) in the short term, but one...
NatWest unit faces criminal charge in money laundering case
LONDON — National Westminster Bank has been charged with violating money laundering laws in relation to 365 million pounds ($505 million) deposited into a...
‘We are hungry’: Lebanese protest worsening economic crisis
BEIRUT — Outraged protesters returned to the streets of Lebanon's capital Tuesday, blocking roads with burning tires and garbage containers as the currency continued...
UN: Yemen conflict escalates as country speeds toward famine
UNITED NATIONS — The United Nations warned Tuesday that an offensive by Houthi rebels in Yemen has escalated the nearly six-year conflict in the...
New challenge for the Powell Fed: A strengthening economy
<p>WASHINGTON — For the past year, Federal Reserve Chair Jerome Powell has expressed a wish for more rescue spending from Congress, better control of...
Biden to name Sperling to oversee COVID-19 relief package
<p>Gene Sperling, a veteran of the Clinton and Obama administrations, will lead the oversight for distributing funds from <a href="https://apnews.com/article/joe-biden-pennsylvania-coronavirus-pandemic-jill-biden-new-mexico-20daf5a372454ce90589606d0f53d620">President Joe Biden's $1.9 trillion...