Federal News
FINANCIAL MARKETS Asian stocks fall after Fed discusses cut in US stimulus BEIJING (AP) — Asian stock markets have declined after the Federal Reserve discussed a possible reduction in U.S. stimulus and Japanese officials recommended declaring a … [Continue reading] about Update on the latest in business:
WASHINGTON (AP) — President Joe Biden said he would “deliver” a message to Russian President Vladimir Putin about the latest ransomware attacks targeting American businesses, setting up a test of Biden’s ability to balance his pledge to respond … [Continue reading] about Latest hack to test Biden’s vow for consequences for Russia
BEIJING (AP) — China’s government tried Thursday to quell investor fears about tighter controls on internet companies that caused share prices to plunge, saying Beijing supports their growth. Regulators are reviewing data security “in accordance with … [Continue reading] about China tries to quell investor fears about internet companies
BRUSSELS (AP) — The European Union handed down $1 billion in fines to major German car manufacturers Thursday, saying they colluded to limit the development and rollout of car emission-control systems. Daimler, BMW and Volkswagen along with its Audi … [Continue reading] about EU fines German car makers $1B over emission collusion
Thanks to a booming stock market, and despite a deadly worldwide pandemic, the number of active and retired feds with million-dollar-plus Thrift Savings Plan accounts more than doubled — up to 98,879 from 45,219 — in the last year. The largest … [Continue reading] about TSP millionaires club: Up, up and away!
