Tag: Financial markets
Treasury warns of need to deal with national debt limit
WASHINGTON — The Treasury Department says it will employ extraordinary measures to avoid an unprecedented default on the national debt this summer, but officials...
As Lebanese cry for justice, politics paralyzes the system
BEIRUT — Even after she was taken off an investigation into alleged financial crimes by a money transfer company, the defiant Lebanese prosecutor charged...
Lebanon and Israel resume indirect talks on maritime border
NAQOURA, Lebanon — After a nearly six-month pause, Lebanon and Israel on Tuesday resumed indirect talks with U.S. mediation over their disputed maritime border....
Powell sees need to help most vulnerable in uneven recovery
WASHINGTON — Federal Reserve Chairman Jerome Powell says the economic outlook has “clearly brightened” in the United States but the recovery remains too uneven...
McConnell says GOP open to $600 billion for infrastructure
LOUISVILLE, Ky. — Senate Minority Leader Mitch McConnell, R-Ky., said Monday that Republicans are willing to spend up to $600 billion on infrastructure, far...
Puerto Rico groans under pandemic as health, economy suffer
SAN JUAN, Puerto Rico — Puerto Rico seemed to be sprinting toward herd immunity this spring before people began letting their guard down against...
Exxon posts $2.7B quarterly profit after unprecedented year
NEW YORK — Exxon Mobil reported profits of $2.73 billion in the first quarter, after a tumultuous year led to major spending reductions.
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Companies sound alarm over commodity price hikes
Toilet paper, baby care products, soft drinks and many other everyday products are about to get more expensive.
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France to restrict suspect Lebanese officials from entering
PARIS — France will restrict Lebanese officials suspected of corruption or obstructing the formation of a government from entering the country, the foreign minister...
Dubai police arrest attackers in massive brawl that killed 3
DUBAI, United Arab Emirates — Police in Dubai have arrested 10 suspects in a massive knife fight that killed three people, authorities said Wednesday,...
