by Xuan Lei | May 13, 2015 | Business & Tech
WASHINGTON — Former Federal Reserve Chairman Alan Greenspan warned on Wednesday that markets will get another “taper tantrum” when the Fed raises near-zero interest rates. “Just remember we had the taper tantrum. And we are going to get another one,” said Greenspan to...
by Xuan Lei | May 6, 2015 | Business & Tech
WASHINGTON — Federal Reserve Chair Janet Yellen on Wednesday warned that stocks are overvalued, signaling possible danger for the U.S. economy. “I would highlight the equity market valuations at this point generally are quite high,” Yellen said during a conversation...
by Xuan Lei | May 4, 2015 | Politics
WASHINGTON — Another woman jumped into the 2016 presidential race on Monday, this time on the Republican side, as former Hewlett-Packard CEO Carly Fiorina announced her candidacy — and began to position herself as an alternative to Hillary Clinton. “Yes, I am running...
by Xuan Lei | Apr 30, 2015 | Politics
WASHINGTON — Lester Tenney, a 94-year-old survivor of the Bataan Death March during World War II, asked Japanese Prime Minister Shinzo Abe on Thursday to acknowledge history. Tenney was invited by Democratic California Rep. Mike Honda to hear Abe’s speech before...
by Xuan Lei | Apr 29, 2015 | Politics
WASHINGTON — Japanese Prime Minister Shinzo Abe told a joint session of Congress Wednesday that he feels “deep repentance” for U.S. deaths in World War II and “deep remorse’ for suffering by Asian people, but made no mention of Japan’s use of “comfort women” for...
