© Reuters Biden’s Infrastructure Win Ramps Up Fight Over Economic Agenda (Bloomberg) — President Joe Biden scored a political win by sealing a $579 billion infrastructure deal with a group of Democratic and Republican senators, yet the bipartisan plan faces hurdles in Congress that reflect challenges to his broader economic agenda. With the agreement, announced…
© Reuters. U.S. President Joe Biden speaks following a bipartisan meeting with U.S. senators about the proposed framework for the infrastructure bill, at the White House in Washington, U.S., June 24, 2021. REUTERSKevin Lamarque WASHINGTON (Reuters) – President Joe Biden and top White House officials hailed a bipartisan, preliminary infrastructure agreement as proof that Washington…
© Reuters. The financial district is seen shrouded by haze in Singapore September 18, 2019. REUTERS/Feline Lim/Files By Alun John HONG KONG (Reuters) – Asian financial regulators should do more to support large-scale trials of “tokenised securities”, an industry body said on Thursday, since banks and technology firms’ current experiments are stuck in different silos,…
© Reuters. U.S. Treasury Secretary Janet Yellen testifies before the Senate Appropriations Subcommittee on Financial Services about the FY22 Treasury budget request on Capitol Hill, in Washington, DC, U.S., June 23, 2021. Shawn Thew/Pool via REUTERS By David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Wednesday warned Congress that the United States risks…
© Reuters. FILE PHOTO: A security officer stands outside the Bank of England, as the spread of the coronavirus disease (COVID-19) continues, in London, Britain, March 23, 2020. REUTERS/Toby Melville/File Photo By William Schomberg LONDON (Reuters) – The Bank of England will say on Thursday whether it is worried about a recent jump in inflation,…
© Reuters. FILE PHOTO: Federal Reserve Board building is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis By Howard Schneider WASHINGTON (Reuters) -A period of high inflation in the United States may last longer than anticipated, two U.S. Federal Reserve officials said on Wednesday, prompting one to pull forward his views on when the…
© Reuters. FILE PHOTO: A combination file photo shows Wells Fargo, Citibank, Morgan Stanley, JPMorgan Chase, Bank of America and Goldman Sachs from Reuters archive. REUTERS/File Photo By David Henry and Pete Schroeder WASHINGTON (Reuters) -The country’s largest lenders are poised to start issuing as much as $130 billion in dividends and stock buybacks from…
2/2 © Reuters. FILE PHOTO: A highway sign on Interstate 75 advises travelers to limit travel in order to slow the spread of the novel coronavirus (COVID-19), taken through a vehicle window, in Cincinnati, Ohio, U.S. March 17, 2020. REUTERS/Bryan Woolston/File Photo 2/2 WASHINGTON (Reuters) -A team of White House officials had a productive meeting…
© Reuters. FILE PHOTO: Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS/File Photo By Andrea Shalal WASHINGTON (Reuters) – Congressional testimony from Federal Reserve Board Chairman Jerome Powell on Tuesday shows that President Joe Biden’s economic plan is…
© Reuters. FILE PHOTO: Federal Reserve Board building is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell on Tuesday reaffirmed the U.S. central bank’s intent to encourage a “broad and inclusive” recovery of the job market, and not to raise…
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