by Yimian Wu | Oct 28, 2015 | Business & Tech
WASHINGTON — Community bankers in rural areas complain that subjecting them to the same regulations as the big banks creates a disproportionate and costly compliance burden. The regulations are part of the sweeping Dodd-Frank financial reform law that targeted...
by Yimian Wu | Oct 26, 2015 | Business & Tech
WASHINGTON — China has cut its own interest rates, but now it’s hoping the Federal Reserve won’t undo that benefit by lifting U.S. rates. China’s rate cut is an admission its economy is struggling, say experts. “This is purely a signal that the government...
by Carmen Lopez | Oct 22, 2015 | Business & Tech
WASHINGTON — El instituto de Brookings le dio a lideres económicos de América Latina, la oportunidad de platicar sobre el futuro de los países. Los participantes discutieron sobre los problemas que ellos dicen están causando el desequilibrio en los países de...
by Sara Shouhayib | Oct 18, 2015 | Business & Tech
WASHINGTON — Fortune honors Hanan Khalil and Tidings Chimpondah with the Global Women Leaders Award for their leadership in their respective homes at Fortune’s Most Powerful Women Summit Tuesday. Khalil, the founder of Zahraa Trade, a pharmaceuticals...
by Yimian Wu | Oct 13, 2015 | Business & Tech
WASHINGTON – The Federal Reserve should raise the short-term interest rate hovering near zero to 2 percent to avoid financial bubbles in the future, St. Louis Federal Reserve President James Bullard warned Tuesday. Even though he doesn’t expect an asset bubble...
by Brian MacIver | Oct 7, 2015 | Business & Tech
WASHINGTON — A bidding war between major telecom companies to increase their coverage capabilities may be on the horizon after a bill incentivizing government agencies to sell their broadband spectrums received strong bipartisan support from the House...