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Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.
By Timothy Gardner WASHINGTON (Reuters) – U.S. President Joe Biden’s administration has protected about 84%, or $96.7 billion in clear power grants created by its signature local weather legislation from any clawback by the following administration, a White Home official…
By Laura Matthews NEW YORK (Reuters) – The greenback held beneficial properties towards the yen on Friday, however ended the week decrease after a six-week successful streak, as buyers await Donald Trump’s presidential inauguration and readability on the course of…
By David Lawder and Ismail Shakil WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen stated that the federal government will attain its statutory borrowing restrict on Tuesday and start using “extraordinary measures” to maintain from breaching the cap and risking a…
(Reuters) -The U.S. authorities has awarded Moderna (NASDAQ:MRNA) $590 million to advance the event of its fowl flu vaccine, because the nation doubles down on efforts to sort out growing infections in people. That is along with $176 million awarded…
By David Shepardson WASHINGTON (Reuters) -The outgoing head of the Federal Communications Fee stated a large Chinese language-linked cyber-espionage operation in opposition to U.S. telecoms companies often known as “Salt Storm” is a “clarion name” to handle vital telecommunications safety…
By Jonathan Stempel NEW YORK (Reuters) – Federal prosecutors on Friday dropped their corruption case in opposition to former New York Lieutenant Governor Brian Benjamin, following the demise of a key witness. Benjamin, 48, had been anticipated to face trial…
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. shares rallied on Friday to shut out a powerful week on optimism over the well being of the financial system and path of rates of interest as traders braced for a slew…
MUMBAI (Reuters) – India will doubtless lower its disinvestment and asset monetisation goal by 40% for 2024-25 within the federal price range to be introduced subsequent month, The Financial Instances newspaper reported on Saturday, as deliberate gross sales of state-run…
Evaluation-Ukrainian migrant exit may squeeze Jap Europe’s economies
Investing.com – The UK economic system returned to development in November, however the smaller-than-expected enlargement has prompted UBS to chop its GDP forecasts for 2024 and 2025. UK gross home product rose by 0.1% from October, based on official knowledge,…
