Tag: government policy
Federal Reserve officials at December meeting expected slower pace of rate cuts ahead
WASHINGTON -- Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in...
Top Fed official backs new rate cuts even if Trump tariffs materialize
WASHINGTON -- A top policymaker at the U.S. Federal Reserve said Wednesday that he still supports cutting interest rates this year, despite elevated...
US rejection of Nippon Steel's bid for US Steel rankles Washington's key ally in Asia
BANGKOK -- U.S. President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel on national security grounds isn’t...
Earnings growth uncertain as inflation and policy shifts weigh on corporate outlook
NEW YORK -- Wall Street expects corporate profits to have surged in 2024 and forecasts an even stronger jump for 2025.Companies still face...
Canadian Cabinet ministers meet with Trump's nominee for commerce secretary in bid to avoid tariffs
TORONTO -- Two Canadian Cabinet ministers left a meeting at Mar-a-Lago on Friday without assurances President-elect Donald Trump will back away from threatened...
An online debate over foreign workers in tech shows tensions in Trump's political coalition
WEST PALM BEACH, Fla. -- An online spat between factions of Donald Trump's supporters over immigration and the tech industry has thrown internal...