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Trump urged to push ahead with trillion-dollar infrastructure plans by global finance execs

Trump urged to push ahead with trillion-dollar infrastructure plans by global finance execs

Meanwhile, gun policy was placed third in the survey. More than 27 percent of Europe-based CFOs said that this should be a priority for the White House. Trump is set to support some small amendments to gun laws after a mass school shooting in Florida. Other U.S.-based CFOs raised fiscal health and a balanced budget […]

Once on chopping block, Trump's budget puts development finance in overdrive

Once on chopping block, Trump's budget puts development finance in overdrive

By K. Riva Levinson, opinion contributor — 03/22/18 09:00 AM EDT The views expressed by contributors are their own and not the view of The Hill © Getty Images Source link

Fed hikes rates, lifts economic forecast, signals two more rate hikes this year

Fed hikes rates, lifts economic forecast, signals two more rate hikes this year

The Federal Reserve has raised interest rates for the sixth time since the financial crisis and signaled that at least two additional rate hikes are coming in 2018. On Wednesday, the central bank announced an increase in its benchmark interest rate target range by 0.25% to a new band of 1.5%-1.75%. This move puts the […]

Finance manager under investigation, on paid leave from Spokane County Detention Services

Finance manager under investigation, on paid leave from Spokane County Detention Services

Arlington Richards, the finance manager at the Spokane County Jail, was placed on paid administrative leave Monday pending the outcome of an internal investigation. County spokesman Jared Webley said Tuesday the investigation is not criminal in nature and “not expected to last very long.” Uncorroborated allegations involving Spokane County Detention Services employees surfaced on the […]

European supertankers of finance chart a course to a different future

European supertankers of finance chart a course to a different future

2030 Finance Dutch and Nordic pension funds take the lead in ‘SDG investing’ at 4th Impact Summit Europe All Sophie Robé wants is 5%. Out of the €11 trillion (US$13.6 trillion) expected to be represented at the 4th Impact Summit Europe this week in The Hague, that could be real money to meet the global Sustainable […]

Goldman executive to become German deputy finance minister

Goldman executive to become German deputy finance minister

Guy Chazan in Berlin March 19, 2018 Jörg Kukies, co-head of Germany and Austria at Goldman Sachs, is to become Germany’s deputy finance minister, in the latest example of a Goldman veteran occupying a senior position in a western government. Mr Kukies, 50, will be in charge of financial markets and the finance ministry’s European […]

China to Finance Majority of New Egypt Capital's Tower District

China to Finance Majority of New Egypt Capital's Tower District

Chinese banks will provide 85 percent of the funding needed for the $3 billion skyscraper-studded portion of Egypt’s new capital which is being developed by the China State Construction Engineering Corp., a senior official with the state-run company said Sunday. Egypt’s Housing Ministry is responsible for the remaining 15 percent of costs not covered by […]

The Finance 202: Kudlow's outsize media profile makes him favorite for White House job

The Finance 202: Kudlow's outsize media profile makes him favorite for White House job

THE TICKER Larry Kudlow. (AFP / Saul Loeb) The White House economic team could soon be getting a fresh injection of supply-side swagger directly from the CNBC set, after all: Larry Kudlow, for now, has emerged as a leading contender to serve as President Trump’s next top economic adviser. The Reagan administration veteran and cable-news […]

Brexit court defeat for UK government

Media captionBrexit challenger Gina Miller: “This result is about all our futures” Parliament must vote on whether the UK can start the process of leaving the EU, the High Court has ruled. This means the government cannot trigger Article 50 of the Lisbon Treaty – beginning formal exit negotiations with the EU – on its […]

Truss: Extra 2,100 prison officers to be deployed

Truss: Extra 2,100 prison officers to be deployed

Image copyright PA Image caption Liz Truss, left, plans to give governors more say over how their prisons are run An extra 2,100 prison officers are to be recruited to ease staffing shortages in jails in England and Wales, Justice Secretary Liz Truss will say later. Unveiling a White Paper, Ms Truss will say the […]