WASHINGTON | Xinhua | After branding Federal Reserve Chair Jerome Powell as a “major loser” and suggesting he might oust him, U.S. President Donald Trump reversed course on Tuesday, stating he had “no intention of firing” Powell. Trump’s about-face came after U.S. stocks and the dollar took another dive …
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Washington, U.S. | Xinhua | The U.S. national debt has surpassed 30 trillion U.S. dollars for the first time, raising concerns about future fiscal sustainability, as the Federal Reserve prepares to raise interest rates to tame inflation. The total public debt outstanding exceeded 30 trillion dollars on Monday, which included 23.5 …
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New York, U.S. | Xinhua | U.S. stocks advanced for the week as investors sifted through minutes from the Federal Reserve’s recent meeting and a slew of earnings reports. For the week ending Friday, the Dow rose 1.6 percent, while the S&P 500 and the tech-heavy Nasdaq Composite climbed 1.8 percent …
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The Independent Uganda: You get the Truth we Pay the Price
