Tag Archives: measures

[unable to retrieve full-text content]Google Rolls Out New Cost-Cutting Measures: Report  NDTV Source link

The U.S. government hit its borrowing limit Thursday, causing the Treasury to activate “extraordinary measures” to keep paying the government’s bills. Treasury Secretary Janet Yellen sent a letter Thursday morning to House Speaker Kevin McCarthy, noting that a “debt issuance suspension period” will begin on Thursday, Jan. 19 and last through Monday, June 5. As part of that, the government will not funnel new investments into the Civil Service Retirement and Disability Fund, as well as suspend… Source link

The U.S. government hit its borrowing limit Thursday, causing the Treasury to activate “extraordinary measures” to keep paying the government’s bills. Treasury Secretary Janet Yellen sent a letter Thursday morning to House Speaker Kevin McCarthy, noting that a “debt issuance suspension period” will begin on Thursday, Jan. 19 and last through Monday, June 5. As part of that, the government will not funnel new investments into the Civil Service Retirement and Disability Fund, as well as suspend… Source link

Federal Reserve Chair Jerome Powell made the case in a speech on Tuesday for the Federal Reserve’s independence, noting stable inflation is the foundation of a healthy economy and can require the central bank taking actions that are necessary, but not popular. “The case for monetary policy independence lies in the benefits of insulating monetary policy decisions from short-term political considerations,” Powell said at the Symposium on Central Bank Independence in Stockholm, Sweden. “Price… Source link

Fresh geopolitical tension put a halt to a significant stock rally on Wall Street Tuesday, as investors assessed reports that Russian missiles crossed into Poland. The S&P 500 (^GSPC) pared early morning gains, ticking slightly higher by 0.2% during midday trading, while the Dow Jones Industrial Average (^DJI) slipped by 0.2%. The technology-heavy Nasdaq Composite (^IXIC) also lost some early gains but remained up 0.7% in the afternoon. Poland Prime Minister Mateusz Morawieck convened a… Source link

After recently overhauling a “glitch” in the Affordable Care Act (ACA), the Biden administration is now addressing another issue plaguing the American health care system: medical debt. On Monday, Vice President Kamala Harris announced the administration’s four-step plan aimed at increasing consumer protections for Americans billed for health care costs. These measures include holding medical providers and debt collectors “accountable for harmful practices,” reducing the role medical debt… Source link

The Cincinnati Bengals are preparing to travel where they’ve never been before. No, not Kansas City. But an AFC championship game on the road. The Bengals have twice played in and won the AFC championship. But both of those games in their 80s heyday were played in the friendly confines of Riverfront Stadium. On Sunday they’ll travel to one of the least-hospitable stadiums in sports for the highest-stakes round of NFL football not played at a neutral site. Preparing for Arrowhead Stadium is a… Source link

The recent increase in coronavirus cases in the U.S. amid ongoing vaccine hesitancy has led to many public health officials calling for states to reconsider their relaxation of COVID restrictions. This comes as the U.S. continues its push to get more Americans vaccinated, as 58.1% of those at the age of 12 and older are fully vaccinated, according to CDC data, and 67.6% have received at least one dose. (Herd immunity is estimated to occur when 75% of any community has immunity.) “We have… Source link

WASHINGTON—A House committee approved far-reaching legislation to curb the market dominance of tech giants, including Alphabet Inc.’s Google and Facebook Inc., but much of the effort faced intensive lobbying by affected firms that slowed the committee’s work and foreshadowed a pitched battle in the Senate. In a package of six bills, the most significant measure to pass by late Wednesday requires that the largest internet platforms make it easier for users to transport their data to… Source link

Dr. Anthony Fauci threw a wild first pitch for the ages a week ago to open the MLB season during a pandemic. His pitch for the New York Yankees and Washington Nationals game missed the plate by a safe social-distancing measure and he delivered a joke about it the next morning. Now, Fauci is giving a more detailed explanation of why his first pitch was so far off in an interview with Pablo Torre on the ESPN Daily podcast. It comes down to “a mishap on my part,” the nation’s leading infectious… Source link