Tag: Government debt
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...
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...
Can pandemic recovery plan end Italy’s years of stagnation?
MILAN — The COVID-19 pandemic hit Italy especially hard, killing more than 127,000 people and sending the European Union's third-largest economy into a devastating...
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...
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...
States tap federal aid to shore up empty unemployment funds
Businesses could be spared billions of dollars of higher taxes in coming years — potentially freeing up money to spend on employees or invest...
MLBPA increases investments to $178M ahead of bargaining
NEW YORK — The Major League Baseball Players Association increased its liquid assets by about $19 million to $178.5 million ahead of collective bargaining...
