Tag: Economy
US warns of punitive actions for Lebanese blocking reforms
BEIRUT — A senior U.S. official warned Thursday that Lebanese politicians who continue to block reforms in the crisis-hit country could face punitive actions...
Experts cut outlook for German growth amid 3rd pandemic wave
FRANKFURT, Germany — Leading German economic institutes have slashed their growth forecast for 2021 as a slow vaccination rollout and a more contagious variant...
Turkish central bank maintains key rate unchanged at 19%
ANKARA, Turkey — Turkey’s central bank on Thursday kept a key interest rate unchanged at 19%, in its first rate decision since the surprise...
Syria devalues its local currency against the U.S. dollar
BEIRUT — Syria devalued the official price of its local currency on Thursday two days after the central bank governor was sacked, state media...
Mideast’s largest mall operator to expand amid vaccine hopes
DUBAI, United Arab Emirates — The Middle East's largest operator of malls expects revenue and earnings to climb back to pre-pandemic levels by the...
Growers fret as Mexico moves to legalize marijuana
BADIRAGUATO, Mexico — For the first time that María can remember, half of her marijuana harvest is still in storage on her ranch in...
Indiana budget outlook shows bigger tax revenue jump
INDIANAPOLIS — Indiana’s state tax collections are expected to bounce back even stronger than expected from the pandemic recession.
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A year after stocks soared, CEOs must show it was warranted
NEW YORK — It's time to show the receipts, CEOs.
For...
US average mortgage rates fall again; 30-year loan at 3.04%
WASHINGTON — Mortgage rates fell for a second straight week amid signs of economic improvement.
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Equal pay bill nears approval in House, long odds in Senate
WASHINGTON — House Democrats were poised to pass legislation Thursday that they say would help close the gap between what men and women are...
