by JULIA ZHU | Dec 4, 2012 | Business & Tech
WASHINGTON – Federal Reserve Board Governor Daniel Tarullo on Tuesday called for stricter policies for the nation’s largest financial institutions and stronger enforcement from regulators. Tarullo, who has overseen the implementation of the Dodd-Frank Act, said he has...
by JULIA ZHU | Dec 3, 2012 | Business & Tech
WASHINGTON – A congressional committee heard testimony on Thursday afternoon about replacing $1 bills with $1 coins, a move some advocates say would potentially save taxpayers billions of dollars in the long run. According to a report released by Government...
by JULIA ZHU | Nov 16, 2012 | Business & Tech
WASHINGTON — Economic uncertainty is still haunting Americans. A week after the election, stock indexes tumbled drastically, compromising the “Wealth Effect” that the Federal Reserve is trying to achieve. All three major U.S. stock indexes have dropped...
by JULIA ZHU | Oct 24, 2012 | Business & Tech, Politics
WASHINGTON – President Barack Obama’s campaign is hitting back against Mitt Romney’s harsh rhetoric on China, warning that the Republican presidential nominee’s proposals would substantially damage America’s relationship with the country. During Monday night’s...
by JULIA ZHU | Oct 20, 2012 | Business & Tech
WASHINGTON — While recent national jobs and retail sales data have come in better than forecast, swing-state Virginia has been hurt in large part due to political uncertainty. “We do hear that a lot of this from businesses we talked to and surveyed. It’s all about...
