Budget Nominee, Tanden Grilled from Both Sides at HearingEconomy

Budget Nominee, Tanden Grilled from Both Sides at Hearing

President Joe Biden’s nominee to head the U.S. Office of Management and Budget was skewered during Wednesday’s hearing. Neera Tanden…

Biden Meets Business Leaders on Income Limits for Stimulus Economy

Biden Meets Business Leaders on Income Limits for Stimulus 

U.S. President Joe Biden said on Tuesday, he agreed with a proposal by Democratic legislators. The proposal would limit or…

Singapore Airlines Defers $3B of Spending Economy

Singapore Airlines Defers $3B of Spending 

Singapore Airlines Ltd said on Tuesday it would defer over S$4 billion ($3.01 billion) of spending. This will be on…

January Yuan Loans in China at Record HighEconomy

January Yuan Loans in China at Record High

China’s new bank loans are expected to surge to a record high in January. This is on a seasonal boost,…

US GDP fell 3.5% in 2020, the worst figure since WW IIEconomy

US GDP fell 3.5% in 2020, the worst figure since WW II

The United States Office of Economic Analysis reported Thursday that the United States economy fell 3.5% during 2020. It was…

Chicago Fed’s Evans Sees Price Spikes Ahead; Policy SteadyEconomy

Chicago Fed’s Evans Sees Price Spikes Ahead; Policy Steady

In other economic news, Chicago Federal Reserve Bank President Charles L. Evans on Wednesday forecasted a rapid economic rebound this…

Trade to be Part of Biden’s China StrategyEconomy

Trade to be Part of Biden’s China Strategy

Part of United States President Joe Biden’s overall negotiation policy with China will be trade. It won’t be the driving…

EU Governments Work Hard on Recovery PlanEconomy

EU Governments Work Hard on Recovery Plan

Governments in Europe are working hard on the Recovery Plan and any difficulties will be seen at the end. This…

UK Freight Forwarders Struggle to Trade over Brexit Red TapeEconomy

UK Freight Forwarders Struggle to Trade over Brexit Red Tape

British logistics expert Jon Swallow has seen exports dive and prices rise in just one month of post-Brexit trading. Customers…

Biden Calls Republican Senators Over Stimulus RoadblocksEconomy

Biden Calls Republican Senators Over Stimulus Roadblocks

President Joe Biden is personally reaching out to Republican lawmakers for his $1.9 trillion stimulus plan. This was amid a…