Tag: Debt and bond markets
Acclaim, fundraising spread unevenly among Black colleges
ATLANTA — Two recent high-profile faculty appointments could be a fundraising and enrollment bonanza for Howard University, one of the nation’s most prestigious Black...
Europe’s central bank intensifies focus on climate change
FRANKFORT, Germany — The European Central Bank has adopted a new approach to managing the economy that would allow the bank to tolerate transitory...
US average mortgage rates continue to fall; 30-year at 2.90%
WASHINGTON — Mortgage rates continued to fall this week, tracking a decline in yields on Treasury securities as the bond market continues to signal...
San Francisco Fed’s Daly: Healthy economy needs less support
WASHINGTON — With interest rates ultra-low even as the U.S. economy swiftly improves, Federal Reserve officials are divided over how quickly they should adjust...
CBO projects federal deficit will hit $3 trillion this year
The Congressional Budget Office says that the federal budget deficit will again hit $3 trillion this year, $745 billion more than its estimate five...
Yellen: Failure to raise debt limit would be ‘catastrophic’
WASHINGTON — Treasury Secretary Janet Yellen told a congressional panel Wednesday that failing to raise the federal debt ceiling would have “catastrophic consequences” that...
Yellen: Failure to raise debt limit would be ‘catastrophic’
WASHINGTON — Treasury Secretary Janet Yellen told a congressional panel Wednesday that failing to raise the federal debt ceiling would have “catastrophic consequences” that...
Pioneering investor dubbed ‘China’s First Shareholder’ dies
BEIJING — A former factory worker known as “China’s First Shareholder” after he amassed a fortune trading in the country’s infant financial markets starting...
Greece taps markets for 4th time in 2021, raises 2.5bn euros
ATHENS, Greece — Greece raised 2.5 billion euros ($3.1 billion) on Wednesday after reopening a 10-year bond auction, with demand reportedly more than 10...
Norwegian low-cost airline ‘has been saved,’ CEO says
COPENHAGEN, Denmark — Low-cost carrier Norwegian Air Shuttle “has been saved,” its chief executive said Wednesday, adding it had “written history” as the ailing...
