© Reuters. FILE PHOTO: Randal K. Quarles, vice chairman of the Federal Reserve Board of Governors, testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on “Oversight of Financial Regulators” on Capitol Hill in Washington, U.S., December 5, By Jonnelle Marte (Reuters) -Two Federal Reserve officials on Monday expressed strong skepticism about the…
© Reuters. FILE PHOTO: Senate Minority Leader Mitch McConnell (R-KY) speaks to the media after the Senate Republican policy luncheon on Capitol Hill in Washington, U.S., June 22, 2021. REUTERS/Joshua Roberts By David Morgan WASHINGTON (Reuters) – U.S. Senate Republican leader Mitch McConnell urged President Joe Biden on Monday to get the two top Democrats…
© Reuters. FILE PHOTO: Federal Reserve Vice Chair for Supervision Randal Quarles addresses the Economic Club of New York in New York City, U.S., October 18, 2018. REUTERS/Brendan McDermid/File Photo (Reuters) – The supply chain imbalances and higher demand currently leading to higher inflation are transitory and the U.S. Federal Reserve has the tools to…
© Reuters. FILE PHOTO: A woman scans a QR check-in code at a coronavirus disease (COVID-19) testing centre behind the Kings Park townhouse complex, locked down in response to an outbreak, in Melbourne, Australia, June 16, 2021. REUTERS/Sandra Sanders By Colin Packham CANBERRA (Reuters) – Australia lowered its projections on Sunday for population and economic…
3/3 © Reuters. FILE PHOTO: Senator Rob Portman (R-OH) walks along news reporters before attending a vote, on Capitol Hill in Washington, U.S., June 23, 2021. REUTERS/Tom Brenner 2/3 By Doina Chiacu WASHINGTON (Reuters) -Republican Senate negotiators on an infrastructure deal were optimistic about a $1.2 trillion bipartisan bill on Sunday after President Joe Biden…
© Reuters. FILE PHOTO: A China-made Tesla Model 3 electric vehicle is seen ahead of the Guangzhou auto show in Guangzhou, Guangdong province, China, November 21, 2019. REUTERS/Yilei Sun BEIJING (Reuters) -Chinese regulators said on Saturday Tesla (NASDAQ:TSLA) Inc would ‘recall’ nearly 300,000 China-made and imported Model 3 and Model Y cars for an online…
© 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…
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