Economy

WASHINGTON - Rising temperatures are likely to depress global prosperity significantly by 2050 as crop yields decline, disease spreads and rising seas consume coastal cities, a major insurance company warned Thursday, highlighting the…

WASHINGTON - Rising temperatures are likely to depress global prosperity significantly by 2050 as crop yields decline, disease spreads and rising seas consume coastal cities, a major insurance company warned Thursday, highlighting the…

Here’s what you need to know:First-quarter earnings season picks up steam this week, with analysts expecting that profits for S&P 500 companies rose roughly 27 percent in the three months through March, compared with a year earlier when…

Folgendes müssen Sie wissen:Laut Mercedes-Benz kann der elektrische EQS mit einer einzigen Ladung bis zu 480 Meilen weit fahren. Dies ist eine Leistung, die das Unternehmen der neuen Batterietechnologie und der aerodynamischen Form des…

WASHINGTON - The economy is at a "turning point" and on the verge of faster growth, Federal Reserve Chairman Jerome H. Powell said in an interview that aired Sunday night. But he warned that the crisis was not over yet.In the interview…

Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on the Quarterly CARES Act Report to Congress on Capitol Hill, Washington, December 1, 2020.Susan Walsh | Pool | ReutersThe U.S. economy is at a…

Here’s what you need to know:Jamie Dimon, the chief executive of JPMorgan Chase.Credit...Jeenah Moon/ReutersThe annual letter to shareholders by JPMorgan Chase’s chief executive, Jamie Dimon, was published early Wednesday. The letter, which…

How does a country deal with climate disasters when it is drowning in debt? Not very well, it turns out. Especially not when a global pandemic affects your economy.Take Belize, Fiji, and Mozambique. They are very different countries,…

WASHINGTON - Präsident Biden hat am Mittwoch einen 2-Billionen-Dollar-Plan zur Überholung und Modernisierung der nationalen Infrastruktur vorgelegt, der als Transformationsanstrengung bezeichnet wird und die „widerstandsfähigste und…

Whether it can muster Republican support depends in large part on how the bill is paid.Officials have discussed offsetting part or all of infrastructure spending through corporate tax increases, including a 21 percent increase in the…