WASHINGTON (Reuters) – U.S. Treasury nominee Janet Yellen underscored on Thursday the Biden administration’s intent to remake tax and trade policy after making domestic investments on workers and infrastructure in written answers to senators’ questions. The Senate Finance Committee plans
The New Yorker’s fact checkers walk off the job for a day.
By Katie Robertson The New Yorker’s union employees did not go to work on Thursday. The more than 100 employees represented by The New Yorker Union, which includes fact checkers, web producers and some other editorial employees, decided on the
How Wall Street Reflects the Economy Biden Inherits
What big banks reveal about the economy America’s biggest banks have all now released their financial results for the past year, data that reflect the strange economic situation facing President Biden and his new administration. Parts of the economy are
André Leon Talley Talks Race and Power in Fashion
André Leon Talley and Ford Foundation president Darren Walker chatted virtually about race, representation and power in the worlds of art, fashion and design Tuesday night at an event hosted by the Museum of Arts and Design. Before the conversation
Democrat Wyden wants Thursday vote on Yellen as U.S. Treasury secretary
Ranking Member Ron Wyden (D-OR) speaks during a Senate Finance Committee hearing to examine the expected nomination of Janet Yellen to be Secretary of the Treasury on Capitol Hill in Washington, U.S., January 19, 2021. Andrew Harnik/Pool via REUTERSWASHINGTON (Reuters)
Halliburton profit beats estimates on cost cuts, demand recovery
(Reuters) – Halliburton Co posted a better-than-expected fourth-quarter profit on Tuesday, buoyed by cost cuts and a recovery in demand for oilfield equipment and services after last year’s industry slump.FILE PHOTO: Halliburton’s campus in Houston, Texas, U.S. May 18, 2017.
Security Culture Is Changing After Civil Unrest
As ubiquitous as “Be safe” has become as an email sign-off or conversation closer, increasingly retailers and businesses are putting those words into practice. After the civil unrest that wreaked havoc in major cities last summer and more recently the
Singapore may act to cool rising home prices, analysts say
SINGAPORE (BLOOMBERG) – Singapore may be considering another round of measures to cool residential prices, according to market analysts, who see recent ministerial remarks as a signal for the possible move. Comments made by the Singapore Deputy Prime Minister and
Money Talks: Sir Michael Cullen – Why he’s downsizing the Jag and $15 wine is just fine
“Money in itself is not a goal in life,” says former deputy Prime Minister and finance minister Sir Michael Cullen. He and his wife Anne enjoy life, feel privileged to have choices, but are not spendthrifts, he says. “We enjoy
Tiwai fallout: What the deal means for power prices, politicians and investors?
Few single issues impact the New Zealand economy like the future of the Tiwai Point aluminium smelter. When Rio Tinto announced it was conducting a strategic review of the smelter in late 2019, billions were wiped off the value of