Tag: Banking and credit
AP FACT CHECK: Biden distorts bipartisan infrastructure deal
WASHINGTON — President Joe Biden overstated the expected employment gains Tuesday in making his pitch for a bipartisan infrastructure proposal that he...
All big banks pass latest Federal Reserve ‘stress tests’
NEW YORK — All 23 of the nation's biggest banks are healthy enough to withstand a sudden economic catastrophe, the Federal Reserve said Thursday...
Congress repeals Trump-era regulations on payday lenders
NEW YORK — Congress on Thursday overturned a set of regulations enacted in the final days of the Trump administration that effectively allowed payday...
Czech central bank raises key rate to 0.5% to tame inflation
PRAGUE — The Czech Republic’s central bank has increased its key interest rate by a quarter-point to 0.5% in efforts to tame inflation as...
Big US banks to employees: Return to the office vaccinated
NEW YORK — Wall Street's big investment banks are sending a message to their employees this summer: Get back into the office, and bring...
Lebanon raises price of bread amid crippling economic crisis
BEIRUT — Lebanon’s economy ministry on Tuesday raised the price of subsidized bread for the fifth time in a year amid the tiny country’s...
Lebanon raises price of bread amid crippling economic crisis
BEIRUT — Lebanon’s economy ministry on Tuesday raised the price of subsidized bread for the fifth time in a year amid the tiny country’s...
Fed’s Powell says high inflation temporary, will ‘abate’
WASHINGTON — Federal Reserve Chair Jerome Powell said Tuesday that he expects recent price spikes will soon subside and reduce inflation to a sustainable...
Inflation ahead? Even a top economist says it’s complicated
WASHINGTON — Two months of sharply rising prices have raised concerns that record-high government financial aid and the Federal Reserve’s ultra-low interest rate policies...
Tottenham repays COVID loan, frees up funds for signings
LONDON — Tottenham announced Friday it had paid back the 175 million pounds ($243 million) it borrowed from the Bank of England as part...
