US ECONOMY
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Business & Economy
Fed hikes interest rate by 0.75 percentage points in bid to tame inflation
Washington, Jun 15 (EFE).- The United States Federal Reserve on Wednesday raised its benchmark interest rate by 0.75 percentage points,…
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Business & Economy
Austin, the fastest-growing US city, confronts downside of boom
By Jorge Fuentelsaz Austin, Apr 9 (EFE).- This state capital in the Texas Hill County has grown faster than any…
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Business & Economy
Fed raises interest rates for 1st time since 2018 to combat inflation
By Marc Arcas Washington, Mar 16 (EFE).- The United States Federal Reserve moved to tame inflation on Wednesday by hiking…
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Business & Economy
US Federal Reserve poised to raise interest rates in March
Washington, Jan 26 (EFE).- The Federal Reserve said Wednesday that the benchmark interest rate in the United States will remain…
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Business & Economy
Powell: Fed now focused on tamping down inflation
Washington, Jan 11 (EFE).- The chairman of the United States Federal Reserve said Tuesday at a confirmation hearing for his…
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Business & Economy
Yellen: US inflation won’t normalize until late 2022
Miami, Nov 14 (EFE).- Treasury Secretary Janet Yellen on Sunday blamed the current US inflation rate to the generalized crisis…
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Business & Economy
US Federal Reserve to start winding down bond-buying program
By Alfonso Fernandez Washington, Nov 3 (EFE).- The United States Federal Reserve said Wednesday that it will start rolling back…
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Business & Economy
US avoids debt default, but only until December
Washington, Oct 12 (EFE).- With the final approval of a congressional initiative, the United States avoided incurring Tuesday a default…
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Business & Economy
US Senate approves debt ceiling extension until December
Washington, Oct 7 (EFE).- The United States Senate approved Thursday the debt ceiling suspension until December to prevent the country…
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Politics
Biden: US could exceed debt limit, be unable to pay bills, within 2 weeks
Washington, Oct 4 (EFE).- President Joe Biden on Monday accused Republicans in Congress of acting “hypocritically” and “dangerously” by refusing…
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