Business

Analysis-Fed prepared to handle September jobs report with kid gloves

(Reuters) – U.S. hiring probably accelerated last month, a range of high-frequency indicators suggests, as the effects of the latest COVID-19 surge began to subside, but even a second straight weak employment report would be unlikely to derail the Federal Reserve’s plans to begin reducing its support for the economy.FILE PHOTO: Federal Reserve Chair Jerome […]

Business

Analysis: With end of crisis programs, Fed faces tricky post-pandemic transition

WASHINGTON (Reuters) – The possible arrival of a coronavirus vaccine in the coming weeks means the Federal Reserve may soon have to lay out its plans for helping the economy navigate the potentially choppy transition to a post-pandemic world.FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. […]

World News

Analysis: How Trump’s Supreme Court pick is politically risky

Washington, DC – US President Donald Trump’s nomination Saturday of a new Supreme Court justice and his comments about voting integrity have already significantly altered the political discussion during the final weeks of the presidential campaign. Trump, almost certainly, believes that shifting the focus away from the COVID-19 pandemic onto other issues that provoke political […]

World News

Analysis: Diab was meant to fail. He did it well

The political establishment that appointed Hassan Diab as Lebanon’s PM only stood to benefit from his failure. Beirut, Lebanon – “They” controlled the state.  “They” blocked the government’s reform efforts. “They” were ultimately to blame for a catastrophic explosion that ripped through Beirut a week ago. In his resignation speech on Monday evening, Lebanese Prime […]