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Tag: Federal

U.S. Fed pauses hike of interest rates

wangxiao06/15/20230

Photo taken on June 1, 2022, shows the U.S. Federal Reserve in Washington, D.C., the United States. (Xinhua/Liu Jie)
Notably, monetary policy makers from the Fed raised their projection of the federal

Int\’l wine producers have high hopes for Chinese market

wangxiao06/13/20230

People taste wine during a wine-themed international conference and an expo in Yinchuan, northwest China\’s Ningxia Hui Autonomous Region, June 9, 2023. (Xinhua/Feng Kaihua)
YINCHUAN, June 12 (Xinhua)

Ethiopia launches \”Chinese Bridge\” competition for university, high school students

wangxiao06/05/20230

Winners of a Chinese speaking and performance event receive awards in Addis Ababa, Ethiopia, on June 3, 2023. (Xinhua/Wang Ping)
ADDIS ABABA, June 3 (Xinhua) — The \”Chinese Bridge\” Chinese Proficienc

Biden signs bill to raise U.S. debt limit

wangxiao06/05/20230

NEW YORK, June 3 (Xinhua) — U.S. President Joe Biden signed Fiscal Responsibility Act of 2023 into law Saturday afternoon so as to avoid a historic default on government debt.
The bipartisan act susp

Despite fighting during shaky ceasefire, humanitarians deliver truckloads of aid: UN

wangxiao06/03/20230

UNITED NATIONS, June 2 (Xinhua) — Despite a tenuous Sudan ceasefire, 129 relief trucks, sometimes dodging fighting, managed recently to complete deliveries in several regions, UN humanitarians said o

U.S. stocks close higher amid optimism on debt ceiling progress

wangxiao06/02/20230

NEW YORK, June 1 (Xinhua) — U.S. stocks ended higher on Thursday as investors applauded the debt ceiling progress in the U.S. Congress.
The Dow Jones Industrial Average rose 153.30 points, or 0.47 pe

Pivotal data show recession already in U.S.: economist

wangxiao05/30/20230

Customers shop at a store in Queens, New York, the United States, on Jan. 12, 2023. (Photo by Ziyu Julian Zhu/Xinhua)
Recession fears have been plaguing investors for months now, after the Federal Res

America\’s poverty built by design: Politico

wangxiao05/26/20230

Homeless people stand in the rain in the Skid Row Park in downtown Los Angeles, California, the United States, on Jan. 10, 2023. (Xinhua)
The country could bring nearly every family in America above t

Opinion: Dollar\’s decline: America\’s fiscal challenges and emerging global power shifts

wangxiao05/25/20230

A trader works on the trading floor of the New York Stock Exchange (NYSE) in New York, the United States, on May 24, 2023. U.S. stocks ended lower on Wednesday. (Photo by Michael Nagle/Xinhua)
The gro

About 27 tons of explosive chemicals lost during rail shipment in U.S.: media

wangxiao05/23/20230

NEW YORK, May 22 (Xinhua) — About 60,000 pounds (about 27 tons) of ammonium nitrate, a chemical used as a fertilizer and in explosives, went missing on a rail shipment in the United States in April a

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