Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed’s Mester says monetary policy will stay accommodative for very long time
(Reuters) - Monetary policy will stay accommodative for a very long time because the U.S. economy is far from the Federal Reserve's goals for maximum employment and price stability, Cleveland Fed Bank...
Feb 08, 2021
Exclusive: Congressional Democrats set to back more than $50 billion for transportation sector
WASHINGTON (Reuters) - Democrats in the U.S. Congress are set to release a sweeping plan on Monday to provide more than $50 billion in additional assistance to U.S. airlines, transit systems, airports...
Feb 08, 2021
Biden $15 minimum wage plan would cut 1.4 million jobs in 2025: CBO
WASHINGTON (Reuters) - U.S. President Joe Biden's proposal to raise the minimum wage to $15 per hour by June 2025 would reduce employment by 1.4 million jobs that year and increase the U.S. budget def...
Feb 08, 2021
EU awaits U.S. trade chief for real tariff talks to start
BRUSSELS (Reuters) - The European Union has had positive, early contact with the Biden administration on trade, but will need to wait for a new U.S. trade representative to be in place for real talks ...
Feb 08, 2021
U.S. House Democrats set to back $14 billion for airline workers, new airport aid
WASHINGTON (Reuters) - A U.S. House committee on Wednesday will consider a Democratic plan to allocate another $14 billion to extend payroll assistance to U.S. airlines to keep thousands of workers on...
Feb 08, 2021
Petrobras fuel pricing policy sparks fresh investor concerns
By Gram Slattery RIO DE JANEIRO (Reuters) - Shares in Brazil's Petrobras fell on Monday amid concerns from some investors and analysts about potential political interference in the state-controlled oi...
Feb 08, 2021
BoE’s Bailey says quick fixes to avoid LCF collapse were not possible
LONDON (Reuters) - Bank of England chief Andrew Bailey angrily hit back at criticism that he failed to overhaul a regulator quickly enough to avert the collapse of the London Capital & Finance fund, s...
Feb 08, 2021
ECB must keep easy money policy in place despite inflation surge: Lagarde
FRANKFURT (Reuters) - The European Central Bank must keep copious stimulus in place as an unexpected surge in inflation last month masks weak underlying dynamics, ECB President Christine Lagarde said ...
Feb 08, 2021
Dutch airline KLM says operated first flight with synthetic kerosene
AMSTERDAM (Reuters) - A commercial KLM airlines flight powered with synthetic fuel carried passengers from Amsterdam to Madrid last month in a world first, the Dutch government and the airline said on...
Feb 08, 2021
Scientists warn over misuse of climate models in financial markets
By Matthew Green LONDON (Reuters) - Misuse of climate models could pose a growing risk to financial markets by giving investors a false sense of certainty over how the physical impacts of climate chan...
Feb 08, 2021
