2/2 © Reuters. FILE PHOTO: U.S. President Biden holds infrstructure event at Carpenters Pittsburgh Training Center in Pittsburgh, Pennsylvania 2/2 By David Shepardson and Heather Timmons WASHINGTON (Reuters) – U.S. President Joe Biden’s sweeping $2.3 trillion plan to rebuild America’s crumbling infrastructure proposes doubling federal funding for mass transit and spending $80 billion to expand…
© Reuters. FILE PHOTO: U.S. Transportation Secretary Buttigieg pictured at confirmation hearing By David Shepardson WASHINGTON (Reuters) – U.S. Transportation Secretary Pete Buttigieg said on Monday the White House will not propose hiking gasoline taxes or a new vehicle miles traveled (VMT) fee to pay for a proposal to massively boost infrastructure spending. Buttigieg told…
LONDON, March 31 (Reuters) – British trade minister Liz Truss told G7 ministers that unfair industrial subsidies need to be stamped out, and World Trade Organization rules properly enforced.“We need to reform the dispute settlement system, stamp out unfair industrial subsidies and make sure everybody – large or small – is following the rules and…
By Reuters Staff1 Min Read(Repeats with no changes to text)BERLIN, March 30 (Reuters) – Germany’s annual consumer price inflation accelerated in March to surpass the European Central Bank’s target of close to but below 2%, the Federal Statistics Office said on Tuesday.Consumer prices, harmonised to make them comparable with inflation data from other European Union…
3/3 © Reuters. FILE PHOTO: Chicago Federal Reserve Bank President Charles Evans looks on during the Global Interdependence Center Members Delegation Event in Mexico City 2/3 By Ann Saphir (Reuters) – Federal Reserve policymakers once pointed to Japan as the posterchild for what can go wrong for a central bank when it comes to fighting…
No results matched your search EconomyMar 30, 2021 05:41PM ET © Reuters. FILE PHOTO: A person walks past 888 7th Ave, a building that reportedly houses Archegos Capital in New York City By Michelle Price and Katanga Johnson WASHINGTON (Reuters) – The implosion of New York-based Archegos Capital Management and the resulting losses for global…
(Reuters) – The S&P 500 and Nasdaq rose on Wednesday, boosted by gains in technology shares, and the three major Wall Street indexes registered their fourth straight quarterly rise as investors positioned themselves for President Joe Biden’s massive infrastructure plan.Bets on a strong economic rebound supported Wall Street during the quarter even as jitters cropped…
TOKYO, April 1 (Reuters) – Japanese stocks rose on Thursday, as investors snapped up shares of semiconductor-related companies on the first day of the new fiscal year on hopes for robust corporate earnings.The Nikkei 225 Index ended up 0.72% at 29,388.87, while the broader Topix rose 0.19% to 1,957.64.The technology sector led the advance after…
FILE PHOTO: A teacher receives a dose of the Chinese Sinopharm COVID-19 vaccine at a public school in Caracas, Venezuela March 25, 2021. REUTERS/Leonardo Fernandez Viloria NO RESALES. NO ARCHIVES/File PhotoCARACAS (Reuters) – Venezuela has set limits on insurance payouts for COVID-19 patients, according to a document seen by Reuters on Wednesday, as the South…
© Reuters. FILE PHOTO: A man stands on an overpass with an electronic board showing Shanghai and Shenzhen stock indexes in Shanghai By Ritvik Carvalho LONDON (Reuters) – Global stock markets rose on Tuesday as investors shook off worries about a hedge fund default that hit international banking stocks overnight and remained focused on the…