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Acclaim, fundraising spread unevenly among Black colleges

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ATLANTA — Two recent high-profile faculty appointments could be a fundraising and enrollment bonanza for Howard University, one of the nation’s most prestigious Black...

Europe’s central bank intensifies focus on climate change

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FRANKFORT, Germany — The European Central Bank has adopted a new approach to managing the economy that would allow the bank to tolerate transitory...

US average mortgage rates continue to fall; 30-year at 2.90%

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WASHINGTON — Mortgage rates continued to fall this week, tracking a decline in yields on Treasury securities as the bond market continues to signal...

San Francisco Fed’s Daly: Healthy economy needs less support

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WASHINGTON — With interest rates ultra-low even as the U.S. economy swiftly improves, Federal Reserve officials are divided over how quickly they should adjust...

CBO projects federal deficit will hit $3 trillion this year

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The Congressional Budget Office says that the federal budget deficit will again hit $3 trillion this year, $745 billion more than its estimate five...

Yellen: Failure to raise debt limit would be ‘catastrophic’

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WASHINGTON — Treasury Secretary Janet Yellen told a congressional panel Wednesday that failing to raise the federal debt ceiling would have “catastrophic consequences” that...

Yellen: Failure to raise debt limit would be ‘catastrophic’

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WASHINGTON — Treasury Secretary Janet Yellen told a congressional panel Wednesday that failing to raise the federal debt ceiling would have “catastrophic consequences” that...

Pioneering investor dubbed ‘China’s First Shareholder’ dies

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BEIJING — A former factory worker known as “China’s First Shareholder” after he amassed a fortune trading in the country’s infant financial markets starting...

Greece taps markets for 4th time in 2021, raises 2.5bn euros

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ATHENS, Greece — Greece raised 2.5 billion euros ($3.1 billion) on Wednesday after reopening a 10-year bond auction, with demand reportedly more than 10...

Norwegian low-cost airline ‘has been saved,’ CEO says

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COPENHAGEN, Denmark — Low-cost carrier Norwegian Air Shuttle “has been saved,” its chief executive said Wednesday, adding it had “written history” as the ailing...