© Reuters. FILE PHOTO: People are seen on Wall Street outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid (Corrects Mark Jenkins quote in 7th paragraph) By Chibuike Oguh and Patturaja Murugaboopathy (Reuters) – The abundance of cheap corporate debt is pushing investors who typically buy the…
© Reuters. FILE PHOTO: Federal Reserve Bank of Atlanta President Raphael Bostic participates in a panel discussion at the American Economic Association/Allied Social Science Association (ASSA) 2019 meeting in Atlanta, Georgia, U.S., January 4, 2019. REUTERS/Christop (Reuters) – The coronavirus pandemic exacerbated economic inequalities that existed before the crisis, leading to greater employment losses for…
3/3 © Reuters. FILE PHOTO: The exterior of the U.S. Capitol is seen as Senators work to advance the bipartisan infrastructure bill in Washington, U.S., August 8, 2021. REUTERS/Sarah Silbiger/File Photo 2/3 By Makini Brice and Susan Cornwell WASHINGTON (Reuters) -Hours after the U.S. Senate approved a $3.5 trillion budget blueprint chock-full of investments in…
© Reuters. FILE PHOTO: The sun rises on the U.S. Capitol dome before Joe Biden’s presidential inauguration in Washington, U.S., January 20, 2021. REUTERS/Jonathan Ernst/File Photo By Richard Cowan and Susan Cornwell WASHINGTON (Reuters) -The Democratic-controlled U.S. Senate on Tuesday passed a massive infrastructure bill and immediately kicked off debate on a $3.5 trillion spending…
© Reuters. U.S. President Joe Biden takes a question about New York Governor Andrew Cuomo’s resignation while discussing the U.S. Senate’s passage of the $1 trillion bipartisan infrastructure bill, in the East Room at the White House in Washington, U.S., August 10, WASHINGTON (Reuters) -U.S. President Joe Biden on Tuesday announced his intention to nominate…
© Reuters. China’s Central Bank Outlook Fuels Calls for Policy Easing (Bloomberg) — China’s central bank fanned expectations of further monetary policy easing, saying in its latest quarterly report that inflation pressures are “controllable,” while highlighting risks to the economic growth outlook. The People’s Bank of China largely reiterated its stance of stable policy, pledging…
© Reuters. China’s New Oil Giants Flourish in Xi’s Clean Energy Wave (Bloomberg) — China’s newest oil refiners are thriving by aligning themselves with President Xi Jinping’s vision, expanding even as their older rivals and several other private businesses have been reined in by Beijing. These newcomers have gained the moniker Teapot 2.0 in China,…
2/2 © Reuters. Peru’s Finance Minister Pedro Francke gestures during an interview with Reuters in Lima, Peru, August 9, 2021. REUTERS/Angela Ponce 2/2 By Marco Aquino and Marcelo Rochabrun LIMA (Reuters) -Peru’s finance minister, Pedro Francke, told Reuters on Monday that the new leftist government can increase mining taxes to fund public spending without affecting…
© Reuters. FILE PHOTO: The logo of Amazon is pictured inside the company’s office in Bengaluru, India, April 20, 2018. REUTERS/Abhishek N. Chinnappa/File Photo By Aditya Kalra NEW DELHI (Reuters) -Amazon.com Inc and one of its biggest sellers in India, Cloudtail, have decided to end their relationship, they said on Monday, following years of allegations…
© Reuters. FILE PHOTO: The facade of the Bank of Mexico building is pictured in downtown in Mexico City, Mexico February 28, 2019. REUTERS/Daniel Becerril MEXICO CITY (Reuters) – The Mexican central bank is widely expected to raise its benchmark interest rate at its next monetary policy meeting on Thursday, with inflation still well above…
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