© Reuters. FILE PHOTO: Federal Reserve building is pictured in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Wattie/File Photo By Howard Schneider WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell, in a high-profile speech in August, outlined the arguments for why the current bout of high U.S. inflation will be “transitory,” and moderate on its…
© Reuters. FILE PHOTO: A man wearing a protective face mask, following the coronavirus disease (COVID-19) outbreak, walks in front of a stock quotation board outside a brokerage in Tokyo, Japan, May 18, 2020. REUTERS/Kim Kyung-Hoon (Clarifies reference to longer-dated yields in paragraph 8) By Yoruk Bahceli and Tommy Wilkes LONDON (Reuters) -The readout from…
© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2021. REUTERS/Brendan McDermid By Chuck Mikolajczak and Sinéad Carew NEW YORK (Reuters) – Wall Street closed higher on Thursday, with the S&P 500 and Nasdaq boasting record closing levels thanks partly to…
© Reuters. FILE PHOTO: Principal deputy press secretary Karine Jean-Pierre holds a media briefing at the White House in Washington, U.S., July 30, 2021. REUTERS/Evelyn Hockstein ABOARD AIR FORCE ONE (Reuters) – White House press secretary Karine Jean-Pierre said on Thursday that the administration will continue working on prescription drug pricing after it did not…
2/2 © Reuters. The U.S Capitol seen at night from Pennsylvania Avenue in Washington, U.S., October 24, 2021. REUTERS/Sarah Silbiger/File Photo 2/2 By Trevor Hunnicutt and Richard Cowan WASHINGTON (Reuters) -U.S. President Joe Biden on Thursday unveiled a $1.75 trillion economic and climate change plan that he said unified Democrats then was quickly rebuffed by…
2/2 © Reuters. FILE PHOTO: U.S. President Joe Biden departs after delivering an update on his administration’s coronavirus disease (COVID-19) response in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., June 2, 2 2/2 By Richard Cowan and David Morgan WASHINGTON (Reuters) -Senior Democrats in the U.S. Congress…
© Reuters. FILE PHOTO: A man stands in front of the headquarters of Bank of Japan in Tokyo, Japan, May 22, 2020. REUTERS/Kim Kyung-Hoon By Leika Kihara TOKYO (Reuters) – The Bank of Japan is set to keep monetary policy settings steady on Thursday and project inflation to stay below its 2% target for at…
2/2 © Reuters. FILE PHOTO: A man wearing a protective face mask following an outbreak of the coronavirus disease (COVID-19) walks past a screen displaying the world’s markets indices outside a brokerage in Tokyo, Japan, March 17, 2020. REUTERS/Issei Kato 2/2 By Chibuike Oguh NEW YORK (Reuters) -Global equity markets gave up recent gains on…
© Reuters. FILE PHOTO: A Japan Yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration By Alun John and Hideyuki Sano HONG KONG/TOKYO (Reuters) – The Aussie dollar jumped on Wednesday as surprisingly strong inflation data raised the possibility of sooner-than-planned rate hikes, while the yen was calm as Japan’s…
© Reuters. U.S. Senator Elizabeth Warren (D-MA) walks to the Senate floor during a vote at the U.S. Capitol in Washington, U.S., October 26, 2021. REUTERS/Elizabeth Frantz By David Morgan (Reuters) -Leading Democratic senators unveiled legislation on Tuesday to impose a 15% minimum tax on the most profitable U.S. corporations, saying the levy would help…