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Bernanke says uncertainty in China, commodities threaten U.S. economy

Bernanke says uncertainty in China, commodities threaten U.S. economy

by Shane McKeon | Feb 10, 2016 | Business, Politics

WASHINGTON — China’s slowing economy and ailing commodity markets are the biggest threats to an otherwise healthy U.S. economy, Former Federal Reserve chairman Ben Bernanke said Wednesday. He also pushed back against a movement to “audit” the Fed. Bernanke,...
Trade advocates, farmers push for Congress to end Cuban trade embargo

Trade advocates, farmers push for Congress to end Cuban trade embargo

by Celena Chong | Feb 10, 2016 | Business, Politics

WASHINGTON — An agricultural coalition is urging Congress to promote free trade with Cuba by lifting the 55-year-old trade embargo by the end of this year. President Barack Obama has already lifted the ban on travel to Cuba, made licenses to export commodities...
White House proposes $2 billion to increase apprenticeships

White House proposes $2 billion to increase apprenticeships

by Tyler Kendall | Feb 9, 2016 | Business

WASHINGTON- Cary James spent four years getting a degree in mechanical engineering from Boston University. But after a few years of working in her field, she quit and became an electrician apprentice. The Obama administration Tuesday proposed a $2 billion...
Federal employees rally on Capitol Hill, demand higher wages

Federal employees rally on Capitol Hill, demand higher wages

by Sabrina Rodriguez | Feb 9, 2016 | Business

WASHINGTON – More than 200 federal employees from as far away as California rallied on Capitol Hill on a rainy Tuesday to demand that Congress raise wages for federal workers by 5.3 percent, well above the pay hike proposed by President Barack Obama in his 2017...
Colombian President asks for U.S. investments in guerrilla war

Colombian President asks for U.S. investments in guerrilla war

by Celena Chong | Feb 3, 2016 | Business

WASHINGTON — Colombia is at the brink of ending a decades-long battle against the FARC guerrillas, making the country a great investment for the U.S., Colombian President Juan Manuel Santos told business leaders at the U.S. Chamber of Commerce on Monday. It...

Silicon Valley waiting for Bloomberg’s bid, reluctantly supporting Clinton

by Tyler Kendall and Celena Chong | Feb 3, 2016 | Business

Tech CEOs are much more interested in a potential presidential bid by former New York Mayor Michael Bloomberg than throwing their support behind Hillary Clinton, according to one expert who tracks the industry. Greg Ferenstein’s new e-book, “The Age of Optimists: A...
FTC commissioner talks intersection of consumer protection and competition

FTC commissioner talks intersection of consumer protection and competition

by Geordan Tilley | Feb 1, 2016 | Business

WASHINGTON — Federal Trade Commission Commissioner Terrell McSweeny said Monday that increased transparency is the best way to deal with the threat posed to consumer privacy by continued data collection. McSweeny spoke to a small audience at the Brookings...
Hong Kong most economically free, U.S. 11th, report says

Hong Kong most economically free, U.S. 11th, report says

by Nick Hagar | Feb 1, 2016 | Business

WASHINGTON — Hong Kong is the most economically free country in the world again this year, while the United States places 11th, according to a think tank report. The right-leaning Heritage Foundation publishes a yearly “Index of Economic Freedom” that scores...

Not Just for Boys: ‘CodeGirl’ Documentary Promotes Girls in Technology

by Tyler Kendall | Jan 28, 2016 | Business

WASHINGTON – A new documentary proclaims that mobile app development isn’t just for boys anymore. CodeGirl shows that from young women in Nigeria solving waste disposal problems to high school students in Massachusetts promoting positive campus environments,...
Company trade secrets could be better protected under Senate Judiciary committee bill

Company trade secrets could be better protected under Senate Judiciary committee bill

by Mariana Alfaro | Jan 28, 2016 | Business

WASHINGTON — Companies’ trade secrets, which are vital to their growth, would be better protected from industrial spies under a bill creating federal standards to prosecute violators while still maintaining the integrity of the information. The Defend Trade...
Experts support renewing federal research funds for small business

Experts support renewing federal research funds for small business

by Nick Hagar | Jan 28, 2016 | Business

WASHINGTON — Federal research and development programs that aid innovative small businesses such as iRobot, should be renewed, experts said at a Senate committee hearing Thursday. The two r&d programs – nicknamed “America’s seed fund” – support small...

‘Big Short’ cleverly explains housing crash, but may let bankers off too easy, experts say

by Nick Hagar | Jan 28, 2016 | Business

WASHINGTON – A new hit movie about the housing market collapse and 2008 financial crash explained complicated economic issues through humor, but The Big Short may have portrayed bankers as more aware of the impending disaster than they were, some financial experts...
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