Tag: Economy

Fed leaders agree: Economics has a racial-disparity problem

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WASHINGTON — Top Federal Reserve policymakers on Tuesday underscored their concern that Black and Hispanic people are sharply underrepresented in the economics field, which...

UK economy grows 0.4% amid confidence from vaccine rollout

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LONDON — The U.K. economy grew 0.4% in February, rebounding from a sharp drop the previous month, as the rapid rollout of COVID-19 vaccines...

Spain’s PM wants EU recovery funds to transform the nation

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BARCELONA, Spain — Spain's left-wing government wants the massive coronavirus windfall it will be receiving from the European Union to transform the nation after...

Syrian leader sacks Central Bank chief amid currency crash

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BEIRUT — President Bashar Assad sacked the governor of war-ravaged Syria’s Central Bank on Tuesday amid a crash in the currency in recent months. ...

Lebanon extends area claimed in border dispute with Israel

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BEIRUT — Lebanon’s outgoing minister of public works said Monday that he has signed a decree that would increase the area claimed by the...

Russia’s FM in Egypt for talks on trade and Ethiopia’s dam

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CAIRO — The foreign ministers of Egypt and Russia discussed trade and other ties between the two nations Monday, with Egypt’s top diplomat urging...

US budget deficit jumps to record $1.7 trillion this year

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WASHINGTON — The U.S. government's budget deficit surged to an all-time high of $1.7 trillion for the first six months of this budget year,...

UN chief urges wealth tax of those who profited during COVID

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UNITED NATIONS — Secretary-General Antonio Guterres declared Monday that the world’s failure to unite on tackling COVID-19 created wide inequalities, and he called for...

California re-opens enrollment for health insurance coverage

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SACRAMENTO, Calif. — California on Monday re-opened enrollment for its state health insurance exchange, hoping more people will buy coverage now that the federal...

US nominates NY lawyer to monitor United Auto Workers union

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DETROIT — The U.S. attorney's office in Detroit is recommending that a federal judge name New York lawyer Neil Barofsky to monitor the United...