by Yimian Wu | Dec 2, 2015 | Business & Tech
WASHINGTON — While economists are divided on whether Japan’s large-scale quantitative easing will revive its economy, they do expect the country’s current monetary stimulus effort will increase inflation more significantly than the last five-year attempt. The...
by Brian MacIver | Nov 26, 2015 | Business & Tech
WASHINGTON — It is legal to sell marijuana in 23 states. But pot businesses can’t deposit their money in banks because of federal banking laws. While the dilemma has been a back-burner issue in Congress for several years, a solution may be in the works. A...
by Traci Badalucco | Nov 2, 2015 | Business & Tech, Topics
WASHINGTON — It’s 5:30 a.m. when Chris Chinn’s alarm goes off. She pulls on her blue jeans, t-shirt and dark brown Ariat boots. On this particular day, she heads out to the feed mill to update the diet plan for her sows. By mid-afternoon, it’s time to bottle...
by Yimian Wu | Nov 2, 2015 | Business & Tech
WASHINGTON– San Francisco Federal Reserve President John Williams Friday called today’s low interest rates a “warning sign” that the Fed did not fully understand what’s happening in the economy. He also urged Washington to adopt a fiscal policy that would spur...
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...
