by Darby Hopper | Oct 4, 2016 | Business, Featured
WASHINGTON — The Chinese renminbi’s recent designation as an International Monetary Fund reserve currency will change China’s relationship with emerging markets such as those in Latin America – but exactly how remains to be seen, a Hong Kong University professor...
by Dan Waldman | Oct 4, 2016 | Business, Featured
WASHINGTON — Advanced economies will keep trudging along on a disappointing economic growth path, whereas developing economies should start to excel, the International Monetary Fund’s research director said Tuesday. “Global growth remains weak even though it...
by David Gernon | Oct 3, 2016 | Business, Featured
WASHINGTON —The World Bank should more aggressively court private sector partnerships to find new ways to reduce extreme global poverty while making sure the poorest populations benefit, World Bank President Jim Yong Kim said Monday. Kim said the World Bank needs to...
by Eunice Lee | Oct 3, 2016 | Business, Energy, Environment, Featured
WASHINGTON – For rural Americans and folks living in small towns, biobased products offer “tremendous hope” of more jobs and cleaner energy, Agriculture Secretary Tom Vilsack said Monday at a National Press Club luncheon. When it comes to biobased products,...
by Dan Waldman | Sep 28, 2016 | Business, Featured
WASHINGTON — Federal Reserve Chairwoman Janet Yellen said Wednesday that larger banks should have more stringent regulations than smaller ones in light of the recent Wells Fargo fraud findings. Yellen testified before the House Financial Services Committee on...
by Eunice Lee | Sep 27, 2016 | Business, Featured
WASHINGTON – The wage gap between black workers and white workers remains wide, according to a new report by the Economic Policy Institute. Black men make 22 percent less and black women make 34.2 percent less than their white counterparts. And yet, poverty or...
by Dan Waldman | Sep 26, 2016 | Business
WASHINGTON — Senate Republicans and Democrats clashed again Monday over funding levels for Zika research, the Flint, Michigan water crisis and Securities and Exchange Commission campaign contributions oversight — a fight that has blocked a stopgap spending bill...
by David Gernon | Sep 26, 2016 | Business, Featured, Health & Science
WASHINGTON — The recent spate of price increases for prescription drugs got more attention Monday as a Minnesota lawmaker called for new policies to combat rising drug prices in the pharmaceutical industry. Sen. Amy Klobuchar, D-Minn, at the Center for American...
by Tyler Kendall | Mar 21, 2016 | Business
WASHINGTON — Talmesha Richards remembered being in third grade and thinking math was “the worst thing in the whole wide world.” But she went on to receive bachelor’s degrees in mathematics and chemical engineering and a PhD in cellular molecular medicine. “I...
by Geordan Tilley | Mar 17, 2016 | Business, Politics
WASHINGTON — Bernie Sanders’ big win in Michigan emphasized just how important international trade is in the presidential campaign. While the Trans-Pacific Partnership awaits ratification in Congress, Sanders is campaigning on his opposition to the deal and the...
by Geordan Tilley | Mar 16, 2016 | Business
WASHINGTON — Valentine’s Day this year was less than sweet for Google. For the first time since it began testing autonomous cars in 2009, one of Google’s cars caused an accident. It was the 17th accident for a Google Autonomous Vehicle in California, but...
by Nick Hagar | Mar 14, 2016 | Business
WASHINGTON — The nation’s chief technology officer called Monday for top tech talent to join a White House team in modernizing government. “It’s an honor to get to work in the federal government on behalf of the American people,” said Megan Smith, who has served...