WASHINGTON – According to a report released Friday by the Democratic-led Congressional Oversight Committee, the Treasury Department privately encouraged existing customers to prioritize when issuing loans for the federal government’s small-business coronavirus …
Read More »US consumer spending rose in August, but currency challenge for economic recovery
US consumer spending rose 1.0% in August, while income declined, presenting a new obstacle to economic recovery. The Commerce Department said personal income fell 2.7% in August from a month earlier. Declining …
Read More »Petrobras appoints interim CEO after resignation of predecessor
SÃO PAULO: Brazilian oil company Petróleo Brasileiro SA has appointed Ivan Monteiro, the company's CFO, as acting general manager amid growing concern over government meddling in the state-controlled company. Former Chief Executive …
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