Wall Street Hits Record, European Shares Gain on Powell Nomination

WASHINGTON/LONDON, Nov 22 (Reuters) - Wall Street shares rose to record levels on Monday and European stocks turned higher after U.S. President Joe Biden picked Jerome Powell to continue as Federal Reserve chair, in a move welcomed as a signal of stability by global investors. The S&P 500 rose 0.92% to 4,741.35 and the Nasdaq…

ByReutersNovember 22, 2021

Economy Politics

Congress Is Waiting On The CBO For Its Build Back Better Report – But How Did Fiscal Scorekeepers Come To Be So Powerful In Politics?

“How much will it cost?” This question, perhaps more than any other, bedevils Congress’ efforts to change public policy. And whatever problems a major piece of legislation might purport to solve, no adjective grabs more headlines than the price tag. This is certainly the case in the current debate over President Joe Biden’s proposed Build…

ByReutersNovember 21, 2021

Politics

House Passes Biden’s $1.75 Trillion Social Spending Bill, Sending to Senate

WASHINGTON, Nov 19 (Reuters) - President Joe Biden's $1.75 trillion bill to bolster the social safety net and fight climate change passed the U.S. House of Representatives on Friday and headed to the Senate, where divided moderates and liberals still need to reach agreement. The House passed the measure in a 220-213 vote, which…

ByMelissa PlattNovember 19, 2021

Politics Technology

How Big Tech is Changing Who’s in Charge of our Rights and Freedoms

Since the end of the 20th century, daily life for most of us has increasingly moved into the digital sphere. This has led to the rise of the so-called “onlife” dimension, which represents the intimate intertwining of our online and offline lives. One day we may see the creation of the so-called metaverse, a perpetual…

ByReutersNovember 18, 2021

Politics

The Cost of COVID: What Happens When Children Don’t Go to School

The COVID-19 pandemic has disrupted schools and universities across the world. UNESCO figures state that the worldwide average time lost due to COVID-19 related school closures has been two thirds of an academic year. This situation has been the most acute in Latin America and the Caribbean, where five months have been lost and three…

ByReutersNovember 17, 2021

Politics

U.S. Senate Democrats Give New Details On Trump’s Bid To Overturn Election

Hop on this train with ideas on how to get the best out of every trip! Do not plan it, just doit for fun

ByReutersOctober 11, 2021

Politics

How AT&T Helped Build Far-Right One America News

SAN DIEGO, Oct 6 (Reuters) - One America News, the far-right network whose fortunes and viewership rose amid the triumph and tumult of the Trump administration, has flourished with support from a surprising source: AT&T Inc, the world's largest communications company. A Reuters review of court records shows the role AT&T played in creating…

ByJohn Shiffman, ReutersOctober 11, 2021

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