© Reuters. Yellen Warns of Default Risk by October Without Debt-Limit Hike (Bloomberg) — Secretary Janet Yellen said the Treasury Department will begin special steps on July 30 to avoid breaching the U.S. debt limit as a two-year suspension of the ceiling ends, urging lawmakers to act “as soon as possible” to avert a payment…
© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen speaks as she joins White House Press Secretary Jen Psaki for the daily press briefing at the White House in Washington, U.S. May 7, 2021. REUTERS/Jonathan Ernst By Doina Chiacu WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen urged lawmakers on Friday to increase or suspend the nation’s…
© Reuters. FILE PHOTO: The headquarters of the European Central Bank (ECB) in Frankfurt, Germany, March 12, 2016. REUTERS/Kai Pfaffenbach//File Photo The European Central Bank pledged on Thursday to keep interest rates at record lows for even longer to help sluggish inflation in the euro zone rise back to its elusive 2% target. ECB President…
2/2 © Reuters. FILE PHOTO: U.S. President Joe Biden delivers remarks on the economy at the White House in Washington, U.S. July 19, 2021. REUTERS/Jonathan Ernst 2/2 WASHINGTON (Reuters) – The Biden administration on Thursday released $3 billion in COVID-19 rescue funds aimed at helping localities bolster their economies in the wake of the pandemic,…
© Reuters. FILE PHOTO: Tesla electric vehicles are charged at a Tesla Supercharger charging station in Hanam, South Korea, July 6, 2020. REUTERS/Kim Hong-Ji//File Photo (Reuters) -Tesla Inc plans to open its network of superchargers to other electric vehicles later this year, Chief Executive Officer Elon Musk said on Twitter. The electric-car maker’s fast charging…
© Reuters. ECB Set to Rewrite Stimulus Pledge After Raising Inflation Goal (Bloomberg) — The European Central Bank starts a potentially heated two-day meeting on Wednesday, with officials needing to decide how their newly unveiled monetary strategy affects near-term policy. After raising their inflation goal to 2% earlier this month and pledging to be “forceful…
© Reuters. FILE PHOTO: A man wearing a protective mask walks past the headquarters of the Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon By Leika Kihara TOKYO (Reuters) – Bank of Japan policymakers saw the price outlook muddled by rising global commodity costs and soft consumption,…
© Reuters. FILE PHOTO: U.S. Commerce Secretary Wilbur Ross speaks during the third annual U.S.-Qatar Strategic Dialogue at the State Department in Washington, U.S., September 14, 2020. REUTERS/Erin Scott/Pool By David Shepardson WASHINGTON (Reuters) -A watchdog agency found that former Commerce Department Secretary Wilbur Ross misrepresented the reasons for wanting to add a citizenship question…
© Reuters. FILE PHOTO: Two women walk next to the Reserve Bank of Australia headquarters in central Sydney, Australia February 6, 2018. REUTERS/Daniel Munoz By Wayne Cole SYDNEY (Reuters) -Australia’s central bank was counting on the economy to keep surprising with its strength when trimming stimulus earlier this month, but might now be forced to…
© Reuters. FILE PHOTO: Hiromichi Mizuno Executive Managing Director and Chief Investment Officer at Government Pension Investment Fund in Japan and Co-Chair at Global Capital Markets Advisory Council for Milken Institute, speaks during the Milken Institute’s 22nd an By Ross Kerber and Makiko Yamazaki BOSTON/TOKYO (Reuters) -Hiromichi Mizuno’s connections, spanning from the Japanese government to…
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