In meeting with business leaders, Biden backs stricter income limits for stimulus checks

4/4 © Reuters. FILE PHOTO: Walmart’s logo is seen outside one of the stores in Chicago 2/4 By Jeff Mason and Alexandra Alper WASHINGTON (Reuters) – President Joe Biden said on Tuesday he agreed with a proposal by Democratic lawmakers that would limit or phase out stimulus payments to higher-income individuals as part of his […]

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Dollar Edges Higher; Dovish Powell Limits Gains

© Reuters. By Peter Nurse Investing.com – The dollar edged higher Friday after President-elect Joe Biden outlined his plans for additional stimulus, but gains are likely to be limited after Federal Reserve Chairman Jerome Powell declined to join any discussion about reducing monetary stimulus.  At 4 AM ET (0800 GMT), the Dollar Index, which tracks […]

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U.S. Labor Department finalizes limits on pension-fund voting on corporate proxies

© Reuters. Signage is seen at the United States Department of Labor headquarters in Washington, D.C. By Jessica DiNapoli NEW YORK (Reuters) – The U.S. Department of Labor on Friday finalized a rule requiring pension funds to vote on shareholder proposals only when there is an economic reason, a change that would curb investors from […]

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Madrid taxi drivers demand fleet limits amid weak demand

2/2 © Reuters. The coronavirus disease (COVID-19) outbreak in Madrid 2/2 MADRID (Reuters) – Thousands of taxi drivers took to the streets of Madrid on Tuesday, honking their horns and clogging up the roads around city hall to demand a limit on the number of vehicles allowed to operate amid a post-lockdown slump in demand. […]

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Forex – Dollar Unmoved as Event Risk Limits Activity

© Reuters. By Peter Nurse Investing.com – The U.S. dollar was largely unchanged Thursday, with activity in the foreign exchange market subdued as investors hold fire amid abundant near term event risk. At 3:05 AM ET (0705 GMT), the , which tracks the greenback against a basket of six other currencies, stood at 100.165, largely […]

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U.S. limits Mexico guest worker visas, sends farmers scrambling

U.S. limits Mexico guest worker visas, sends farmers scrambling By Chris Walljasper CHICAGO (Reuters) – U.S. fruit and vegetable producers are bracing for dramatic disruptions to their labor force after the U.S. government said it was suspending visa interviews in Mexico to reduce the spread of the coronavirus. The expected restrictions on migrant workers come […]

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