Washington Financial News
15.04 / 09:59
COST
FIVE
U.S., China to Lead Growth in Government Debts
WASHINGTON—The governments of major economies—particularly the U.S. and China—are projected to boost their borrowing in coming years as they spend more on aging populations and a shift to clean energy, the International Monetary Fund said.
15.04 / 09:59
global economy
IMF Says Banking Troubles Create Headwinds for Global Economy
WASHINGTON—Global economic growth is cooling while facing risks from the volatile banking sector, high inflation and climbing interest rates, the International Monetary Fund said Tuesday.
15.04 / 09:59
COST
Green Tax Credits Are Likely to Be More Popular—and Expensive—Than Expected
WASHINGTON—Green tax credits from last year’s climate law are likely to be far more popular than anticipated, potentially reducing carbon emissions—but also increasing costs to U.S. taxpayers, according to an emerging consensus of government and private-sector forecasters.
15.04 / 09:59
vice chair
White House Works to Satisfy Senate Democrats in Fed Vice Chair Search
WASHINGTON—The White House is working to secure the support of key Capitol Hill allies as officials deliberate over whom to nominate for the No. 2 job at the Federal Reserve, according to people familiar with the matter, with Democrats’ slim majority in the Senate hanging over the search.
15.04 / 09:59
Bank Volatility to Cut U.S. Economic Growth, IMF Says
WASHINGTON—Tighter bank lending prompted by the recent failure of two midsize American banks will slow U.S. economic growth this year, the International Monetary Fund estimated, warning that rising interest rates pose a threat to the global financial system.
14.04 / 11:07
vice chair
White House Works to Satisfy Senate Democrats in Fed Vice Chair Search
WASHINGTON—The White House is working to secure the support of key Capitol Hill allies as officials deliberate over whom to nominate for the No. 2 job at the Federal Reserve, according to people familiar with the matter, with Democrats’ slim majority in the Senate hanging over the search.
14.04 / 10:05
global economy
IMF Says Banking Troubles Create Headwinds for Global Economy
WASHINGTON—Global economic growth is cooling while facing risks from the volatile banking sector, high inflation and climbing interest rates, the International Monetary Fund said Tuesday.
14.04 / 10:05
COST
FIVE
U.S., China to Lead Growth in Government Debts
WASHINGTON—The governments of major economies—particularly the U.S. and China—are projected to boost their borrowing in coming years as they spend more on aging populations and a shift to clean energy, the International Monetary Fund said.
14.04 / 10:05
COST
Green Tax Credits Are Likely to Be More Popular—and Expensive—Than Expected
WASHINGTON—Green tax credits from last year’s climate law are likely to be far more popular than anticipated, potentially reducing carbon emissions—but also increasing costs to U.S. taxpayers, according to an emerging consensus of government and private-sector forecasters.
14.04 / 10:05
Bank Volatility to Cut U.S. Economic Growth, IMF Says
WASHINGTON—Tighter bank lending prompted by the recent failure of two midsize American banks will slow U.S. economic growth this year, the International Monetary Fund estimated, warning that rising interest rates pose a threat to the global financial system.
13.04 / 16:37
UPS
Waves
Target
EU will issue fresh wave of sanctions to stop Russia reinventing their war machine, official says
The European Union will launch an 11th wave of sanctions on Russia and seek to crack down on efforts to evade economic penalties introduced in the wake of its full-scale invasion of Ukraine, a top EU official told CNBC Thursday.
13.04 / 13:39
U.S., China to Lead Growth in Government Debts
WASHINGTON—The governments of major economies—particularly the U.S. and China—are projected to boost their borrowing in coming years as they spend more on aging populations and a shift to clean energy, the International Monetary Fund said.
13.04 / 12:55
vice chair
White House Works to Satisfy Senate Democrats in Fed Vice Chair Search
WASHINGTON—The White House is working to secure the support of key Capitol Hill allies as officials deliberate over whom to nominate for the No.
13.04 / 09:59
Bank Volatility to Cut U.S. Economic Growth, IMF Says
WASHINGTON—Tighter bank lending prompted by the recent failure of two midsize American banks will slow U.S.
13.04 / 09:59
global economy
IMF Says Banking Troubles Create Headwinds for Global Economy
WASHINGTON—Global economic growth is cooling while facing risks from the volatile banking sector, high inflation and climbing interest rates, the International Monetary Fund said Tuesday.
13.04 / 09:59
COST
Green Tax Credits Are Likely to Be More Popular—and Expensive—Than Expected
WASHINGTON—Green tax credits from last year’s climate law are likely to be far more popular than anticipated, potentially reducing carbon emissions—but also increasing costs to U.S.
13.04 / 00:59
U.S., China to Lead Growth in Government Debts
WASHINGTON—The governments of major economies—particularly the U.S. and China—are projected to boost their borrowing in coming years as they spend more on aging populations and a shift to clean energy, the International Monetary Fund said.
12.04 / 21:45
vice chair
White House Works to Satisfy Senate Democrats in Fed Vice Chair Search
WASHINGTON—The White House is working to secure the support of key Capitol Hill allies as officials deliberate over whom to nominate for the No.
12.04 / 18:59
UPS
Target
Cooper
Action
Fallout
SVB
Fed expects banking crisis to cause a recession this year, minutes show
WASHINGTON – Fallout from the U.S. banking crisis is likely to tilt the economy into recession later this year, according to Federal Reserve documents released Wednesday. Minutes from the March meeting of the Federal Open Market Committee included a presentation from staff members on potential repercussions from the failure of Silicon Valley Bank and other tumult in the financial sector that began in early March.
12.04 / 14:11
COST
Green Tax Credits Are Likely to Be More Popular—and Expensive—Than Expected
WASHINGTON—Green tax credits from last year’s climate law are likely to be far more popular than anticipated, potentially reducing carbon emissions—but also increasing costs to U.S. taxpayers, according to an emerging consensus of government and private-sector forecasters.
12.04 / 12:29
COST
FIVE
U.S., China to Lead Growth in Government Debts
WASHINGTON—The governments of major economies—particularly the U.S. and China—are projected to boost their borrowing in coming years as they spend more on aging populations and a shift to clean energy, the International Monetary Fund said.
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