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Exclusive: Three Fed governors tell US senator there is room to reduce balance sheet

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Exclusive: Three Fed governors tell US senator there is room to reduce balance sheet

Federal Reserve Vice Chair Philip Jefferson speaks at a conference of the National Association for Business Economics in Dallas, Texas, U.S., October 9, 2023. REUTERS/Ann Saphir/File Photo Acquire Licensing Rights NEW YORK, Nov 16 (Reuters) – The three newest Federal Reserve governors, including Vice Chair Philip Jefferson, have told a U.S. senator it’s unclear how … Read more

US Army says it needs $3 billion for 155 mm artillery rounds and production

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US Army says it needs $3 billion for 155 mm artillery rounds and production

A soldier of the U.S. Army participates in the live firing exercise DYNAMIC FRONT 23 at Grafenwoehr training site in Grafenwoehr, Germany, March 28, 2023. REUTERS/Leonhard Simon/File Photo Acquire Licensing Rights WASHINGTON, Nov 7 (Reuters) – The U.S. Army needs Congress to approve $3.1 billion to buy 155 millimeter artillery rounds and expand production to … Read more

Yellen says Republicans’ IRS funding cut would hurt customer service goals

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Yellen says Republicans’ IRS funding cut would hurt customer service goals

People walk past an entrance to the U.S. Internal Revenue Service building in Washington, U.S., April 7, 2023. REUTERS/Tom Brenner Acquire Licensing Rights WASHINGTON, Nov 7 (Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday that the Internal Revenue Service will be able to electronically accept 20 additional tax forms by early 2024, but … Read more

New US House speaker says Ukraine, Israel funding request should be split

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New US House speaker says Ukraine, Israel funding request should be split

Newly elected Speaker of the House Mike Johnson (R-LA) smiles as he reacts to the applause of members of the House after being elected to be the new Speaker at the U.S. Capitol in Washington, U.S., October 25, 2023. REUTERS/Elizabeth Frantz Acquire Licensing Rights WASHINGTON, Oct 26 (Reuters) – Newly elected U.S. Speaker of the … Read more

US House Republicans eye stopgap funding measure to head off shutdown risk

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US House Republicans eye stopgap funding measure to head off shutdown risk

WASHINGTON, Oct 26 (Reuters) – Republicans in the U.S. House of Representatives on Thursday were debating their next move on how to avert a partial government shutdown next month, with one prominent lawmaker saying they needed to agree quickly on a “path forward.” Newly installed Speaker Mike Johnson was floating the possibility of extending funding … Read more

Cricket headlines six new Olympic sports for Los Angeles 2028

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Cricket headlines six new Olympic sports for Los Angeles 2028

Australia’s chances of securing more Olympic gold medals has increased, as cricket headlines six new additional sports approved by the International Olympic Committee (IOC) to take place when Los Angeles hosts the games in 2028. Alongside cricket is the addition of baseball, flag football, lacrosse, squash and softball, which all got the tick of approval … Read more

World Bank’s Banga faces pressure on resources, shareholder schisms

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World Bank’s Banga faces pressure on resources, shareholder schisms

Ajay Banga, World Bank president, participates in global infrastructure and investment forum in New York, Thursday, Sept. 21, 2023. Seth Wenig/Pool via REUTERS/File Photo Acquire Licensing Rights MARRAKECH, Morocco, Oct 9 (Reuters) – World Bank President Ajay Banga will come under pressure this week to focus on climate change, but the former Mastercard CEO first … Read more

Republicans open Biden impeachment inquiry with focus on family business

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Republicans open Biden impeachment inquiry with focus on family business

[1/6]House Oversight Committee Ranking Member Rep. Jamie Raskin (D-MD) speaks as his aides hold boxes of what he said were thousands of pages of Biden family bank records subpoenaed by the committee as Chairman James Comer (R-KY) looks on during a House Oversight and Accountability Committee… Acquire Licensing Rights Read more WASHINGTON, Sept 28 (Reuters) … Read more

US government shutdown: What is it and who would be affected?

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US government shutdown: What is it and who would be affected?

Sept 22 (Reuters) – U.S. government services would be disrupted and hundreds of thousands of federal workers furloughed without pay if Congress fails to provide funding for the fiscal year starting Oct. 1. Workers deemed “essential” would remain on the job, but without pay. Many government agencies have not updated shutdown plans they have prepared … Read more