Tag: Economy
Cuba’s president says government has some blame for protests
HAVANA — Cuban President Miguel Díaz-Canel on Wednesday acknowledged shortcomings in his government's handling of shortages and of neglecting certain sectors, but he urged...
Cuba’s leader lays some blame for protests on his government
HAVANA — Cuban President Miguel Díaz-Canel for the first time is offering some self-criticism while saying that government shortcomings in handling shortages and other...
Biden pitches huge budget, says Dems will ‘get a lot done’
WASHINGTON — President Joe Biden made a quick foray to the U.S. Capitol hunting support for his multitrillion-dollar agenda of infrastructure, health care and...
Official: Nearly 70% of medical workers in Moscow vaccinated
MOSCOW — The majority of medical workers, teachers and social workers in Moscow have been vaccinated against the coronavirus a month after authorities in...
UK inflation rises to highest level in nearly 3 years
LONDON — Official figures show inflation in the U.K. rising to its highest level in nearly three years because of increases in the prices...
Senate Democrats’ $3.5T budget deal backs up Biden’s goals
WASHINGTON — this story is a refire/new doc of last night's story with new material wire embargoed for 6 a.m. EDT Wednesday; lead with...
Wells Fargo beats expectations with $6 billion profit in 2Q
SILVER SPRING, Md. — Wells Fargo had its most profitable quarter in two years, easily beating Wall Street estimates as the global economy continues...
Powell says inflation will be ‘elevated’ in coming months
WASHINGTON — Federal Reserve Chair Jerome Powell says that inflation “will likely remain elevated in coming months" before “moderating,” an apparent acknowledgement that price...
Citigroup profits soar due to fewer bad loans
NEW YORK — Citigroup profits jumped more than five fold from a year earlier, helped by an improving economy that resulted in fewer bad...
Big jump in Indiana budget surplus triggering tax refund
INDIANAPOLIS — A big jump in Indiana’s state tax collections will result in a refund for taxpayers, although they’ll have to wait for that...