Tag Archives: Federal Reserve

Washington, U.S. | Xinhua | The U.S. national debt has surpassed 30 trillion U.S. dollars for the first time, raising concerns about future fiscal sustainability, as the Federal Reserve prepares to raise interest rates to tame inflation. The total public debt outstanding exceeded 30 trillion dollars on Monday, which included 23.5 …

New York, U.S. | Xinhua | U.S. stocks advanced for the week as investors sifted through minutes from the Federal Reserve’s recent meeting and a slew of earnings reports. For the week ending Friday, the Dow rose 1.6 percent, while the S&P 500 and the tech-heavy Nasdaq Composite climbed 1.8 percent …