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Black unemployment setback shows Fed’s challenges targeting ‘broad and inclusive’ job growth

Black unemployment setback shows Fed’s challenges targeting ‘broad and inclusive’ job growth

© Reuters. People line up outside a newly reopened career center for in-person appointments in Louisville, Kentucky, U.S., April 15, 2021. REUTERS/Amira Karaoud By Jonnelle Marte and Ann Saphir (Reuters) – Attaining its goal of maximum employment has always been a tall order for the Federal Reserve but broadening the scope of that objective to…

Australia, Singapore and South Africa to test cross border central bank digital payments

Australia, Singapore and South Africa to test cross border central bank digital payments

2/2 © Reuters. FILE PHOTO: A view of the Monetary Authority of Singapore’s headquarters in Singapore June 28, 2017. REUTERS/Darren Whiteside 2/2 By Alun John HONG KONG (Reuters) -Central banks in Australia, Singapore, Malaysia and South Africa will conduct a cross border payments trial using different central bank digital currencies (CBDC) to assess if this…

First meeting for UK’s CPTPP inclusion to be held in a month, Japan minister says

First meeting for UK’s CPTPP inclusion to be held in a month, Japan minister says

© Reuters. FILE PHOTO: School children wave Japanese and Union Flags (also known as the Union Jack) as a cruise boat carrying Britain’s Prince William, Duke of Cambridge, arrives at the Hama Rikyu gardens in Tokyo February 26, 2015. REUTERS/Toru Hanai By Daniel Leussink and Kantaro Komiya TOKYO (Reuters) – Member countries of the Comprehensive…

Groups, mayors urge U.S. Congress to back $10 billion in new public transit funding

Groups, mayors urge U.S. Congress to back $10 billion in new public transit funding

© Reuters. FILE PHOTO: The U.S. Capitol Building is pictured in Washington, U.S., August 20, 2021. REUTERS/Elizabeth Frantz By David Shepardson WASHINGTON (Reuters) -U.S. groups representing transit systems and city leaders on Monday joined unions and environmental groups in calling on Congress to back at least $10 billion in additional public transit spending along with…