Category Archives: business

The Islamic Reformation and the Dark Origin of ISIS

President Barack Obama has long cautioned that the U.S. is not at war with Islam Continue reading

Yellen: A rate increase may be warranted later this year

By MARTIN CRUTSINGER, AP Economics Writer WASHINGTON (AP) — Federal Reserve Chair Janet Yellen says continued improvement in the U.S. economy means an increase in the Fed’s key interest rate could come later this year Continue reading

With gay marriage case pending, religion bills gain ground

By ANDREW DeMILLO, Associated Press LITTLE ROCK, Ark. (AP) — With the nation’s highest court set to hear arguments next month over the constitutionality of same-sex marriage bans, legislation is advancing in several states that critics say gives businesses license to deny services to gays and lesbians on religious grounds. More than a dozen states this year are considering measures aimed at preventing government from infringing on people’s religious beliefs. Continue reading

GOP celebrates good week on Hill, sees challenges ahead

By ERICA WERNER, Associated Press WASHINGTON (AP) — Republicans are looking like they’ve finally figured out how to govern. Continue reading

Brazilian police arrest another executive in Petrobras probe

By Caroline Stauffer By Caroline Stauffer SAO PAULO (NEWS.GNOM.ES) – Brazilian police on Friday arrested the CEO of Grupo Galvão, the latest executive arrested in a corruption probe focused on state-run oil firm Petroleo Brasileiro SA . Continue reading

U.S. Fed weighs insurers’ proposal for new capital rules

By Douwe Miedema By Douwe Miedema WASHINGTON (NEWS.GNOM.ES) – The U.S. Federal Reserve is considering a proposal from life insurers that could delay the implementation of a costly nationwide capital framework for the $1 trillion industry, according to records of a recent meeting between the two sides seen by NEWS.GNOM.ES and people familiar with the matter. More than a dozen senior insurance executives met Fed Governor Dan Tarullo on Feb Continue reading

Shopping centers near Pentagon evacuated over bomb threat: local media

WASHINGTON (Reuters) – The Pentagon City Shopping Plaza and the Pentagon City Mall near the headquarters of the U.S. Department of Defense in Arlington, Virginia, were evacuated on Friday after an anonymous bomb threat was made, local media reported Continue reading

Neither Grexit, nor Grexident. Euro and ‘drachma’ in parallel?

By Jan Strupczewski By Jan Strupczewski BRUSSELS (NEWS.GNOM.ES) – Greece is unlikely to exit the euro, either intentionally or accidentally. But it might be forced to introduce an alternative means of payment, in parallel to the euro, to pay some domestic bills if a reform-for-cash deal with its creditors is not secured soon, several euro zone officials said. Continue reading

U.S. consumer sentiment falls in March but above forecasts

NEW YORK (NEWS.GNOM.ES) – U.S. consumer sentiment fell month-over-month in March, a survey released on Friday showed, though the reading was better than expected. Continue reading

US economic growth may be mild, but it’s also really durable

By MARTIN CRUTSINGER, AP Economics Writer WASHINGTON (AP) — The U.S. economy’s tepid performance last quarter — a 2.2 percent annual growth rate, the government said Friday — was typical of the economic rebound that began in the summer of 2009. Yet the generally sluggish pace of the U.S Continue reading