Tag: Government business and finance
Powell says inflation, though elevated, will likely moderate
WASHINGTON — Federal Reserve Chair Jerome Powell said Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...
Biden meets Dems at Capitol to firm up support for spending
WASHINGTON — President Joe Biden stepped up his bid to push his multitrillion-dollar domestic plans through Congress Wednesday, lunching with Senate Democrats a day...
EU to unveil tough climate rules, with tax on foreign firms
BRUSSELS — The European Union on Wednesday is unveiling sweeping new legislation to help meet its pledge to cut emissions of the gases that...
Facebook asks for recusal of FTC head in antitrust probes
WASHINGTON — Facebook is asking that the new head of the Federal Trade Commission step away from antitrust investigations into the social network giant,...
Senate Democrats’ $3.5T budget deal backs up Biden’s goals
WASHINGTON — this story is a refire/new doc of last night's story with new material wire embargoed for 6 a.m. EDT Wednesday; lead with...
Acclaim, fundraising spread unevenly among Black colleges
ATLANTA — Two recent high-profile faculty appointments could be a fundraising and enrollment bonanza for Howard University, one of the nation’s most prestigious Black...
Facebook asks for recusal of FTC head in antitrust probes
WASHINGTON — Facebook is asking that the new head of the Federal Trade Commission step away from antitrust investigations into the social network giant,...
Edinburgh Courier (July 14, 2021)
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Powell says inflation will be ‘elevated’ in coming months
WASHINGTON — Federal Reserve Chair Jerome Powell says that inflation “will likely remain elevated in coming months" before “moderating,” an apparent acknowledgement that price...
EU unveils tough climate rules, eyes tax on foreign firms
BRUSSELS — The European Union on Wednesday unveiled sweeping new legislation to help meet its pledge to cut emissions of the gases that cause...