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U.S. must invest heavily to stay No. 1 economy: White House economist

U.S. must invest heavily to stay No. 1 economy: White House economist

© Reuters. FILE PHOTO: Cecilia Rouse, U.S. President-elect Joe Biden's nominee to be chair of the Council of Economic Advisers, speaks in Wilmington, Delaware, U.S., December 1, 2020 WASHINGTON (Reuters) – The United States must invest heavily in its workforce, infrastructure, research and development remain competitive and stay the world’s largest economy, Cecilia Rouse, chair…

UPDATE 1-Brazil 2021 budget impasse to be resolved ‘well before’ April 22 deadline -economy minister

UPDATE 1-Brazil 2021 budget impasse to be resolved ‘well before’ April 22 deadline -economy minister

(Adds quotes, background)BRASILIA, April 5 (Reuters) – Brazilian Economy Minister Paulo Guedes said on Monday he expected the impasse surrounding this year’s federal budget to be resolved “well before” the official April 22 deadline, and dismissed the recent controversy surrounding it as noise.The 1.5 trillion reais ($264 billion) budget was approved by Congress last month…

U.S. says 165 million doses of COVID-19 vaccine been administered so far

U.S. says 165 million doses of COVID-19 vaccine been administered so far

FILE PHOTO: A large vaccination site is shown as people with preexisting health conditions are granted access to a vaccination during the outbreak of the coronavirus disease (COVID-19) in Inglewood, California, U.S., March 15, 2021. REUTERS/Mike Blake/File Photo(Reuters) – The United States has administered more than 165 million doses of COVID-19 vaccines in the country…

Biden economic adviser says job growth goal of infrastructure plan

Biden economic adviser says job growth goal of infrastructure plan

© Reuters. Daily press briefing at the White House in Washington WASHINGTON (Reuters) -U.S. President Joe Biden’s $2 trillion infrastructure plan contains investment that will foster job growth in the short- and long-term, including child care funding so more Americans get back to work, his top economic adviser said Sunday. Biden’s blueprint to revitalize America’s…

U.S. stops AstraZeneca vaccine production at Baltimore plant

U.S. stops AstraZeneca vaccine production at Baltimore plant

FILE PHOTO: A vial with the AstraZeneca’s coronavirus disease (COVID-19) vaccine is pictured in Berlin, Germany, March 16, 2021. REUTERS/Hannibal Hanschke/File Photo(Reuters) – U.S. President Joe Biden’s administration on Saturday stopped a Baltimore manufacturing plant that ruined 15 million doses of Johnson & Johnson’s COVID-19 vaccine from making another vaccine developed by AstraZeneca, the New…