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Washington's battles over government funding ended with a whimper today as the US Senate approved a 1.1 trillion dollars spending bill that quells for nearly nine months the threat of another federal agency shutdown.
United States lawmakers are pressing the Federal Reserve to act more forcefully, and quickly, to limit banks’ involvement in the commodities business, which has been blamed for inflating prices on everyday items like electricity and canned beverages.
By. Nick Cunningham of Oilprice.com - The U.S. Environmental Protection Agency published a rule on January 9, 2014 requiring oil and gas companies using hydraulic fracturing off the coast of California to disclose the chemicals they discharge into the ocean. Oil and gas companies have been fracking offshore California for perhaps as long as two decades, but they largely flew under the radar until recently.
US federal agents who seized more than 4 million dollars in US banknotes shipped from a famous money exchange house in Buenos Aires, Alfredo Piano, uncovered what they claimed was a cache of dirty money. Piano, 82, said many of the 100 dollar-bills were filthy and others had been ravaged by fire, water and even dogs.
Negotiators in the US Congress unveiled a 1.1 trillion dollars spending bill that aims to prevent another government shutdown while boosting funding levels slightly for military and domestic programs - but not for Obamacare health reforms.
US President Barack Obama Friday nominated former Israeli central bank governor and renowned economist Stanley Fischer as vice chair of the Federal Reserve, completing a shakeup of the board's leadership.
The US economy created only 74,000 jobs in December, with many Americans giving up looking for work, latest figures show. The number of jobs created was the lowest for three years and was well under half the number expected by analysts.
For the first time, half of the members of the US Congress are millionaires, according to a wealth analysis. At least 268 of the 534 politicians in the Senate and House of Representatives had a net worth of 1m dollars or more in 2012.
Federal Reserve members mostly agreed about a reduction in the central bank's stimulus efforts in December, meeting minutes released Wednesday reveal. The central bank announced a $10bn a month reduction in its bond buying program at the end of its December meeting.
Former US President John F Kennedy mulled possible military intervention in Brazil one year before the 1964 coup that ousted then constitutional president Joao Goulart, according to archive documents released on Tuesday.