The crucial question about raising the federal debt ceiling is: What happens if Congress doesn’t? That is, what happens if Congress defaults? When President Trump returns from his “working vacation” later this month, this promises to be one of the major issues he’ll face, because the Treasury is expected to run out of cash in early or mid-October, according to projections by the Congressional Budget Office.
Trump ordenó a muchos de los embajadores nominados por su predecesor, Barack Obama, que abandonaran su cargo cuando él llegó al poder en enero, y ha sido lento a la hora de nombrar sustitutos. Entre ellos, hay diversos donantes importantes de su campaña y acaudalados empresarios.
Janet Yellen, the chair of the Federal Reserve, is caught between Donald Trump and a hard place. By most accounts, Trump is an “easy money” guy who would prefer to keep today’s low interest rates to boost job creation.
There are many ways to evaluate the Trump presidency at the six-month mark. What I am struck by is the path not taken, the lost opportunity. Donald Trump had many flaws, but during the campaign, he tapped into a real set of problems facing America and a deep frustration with the existing political system. Additionally, he embraced and expressed -- somewhat inconsistently -- a populism that went beyond the traditional left-right divide. What would things look like at this point if President Trump had governed in the manner of a pragmatic, jobs-oriented reformer who was relentlessly focused on the “forgotten” Americans of whom he often speaks?
The building of Caza Aztlán, a community organization that served the Hispanic for decades, has been purchased by investors for the construction of luxury apartments. The historic building will disappear, and so its famous murals.
Financial experts at the 1st European Investment Forum in Uruguay agreed that investment trends worldwide and in Latin America depend on new factors, including worker training and interaction by governments.
Bolivian Marcelo Claure, founder of Brightstar Corp and CEO of Sprint Corporation, is one of the main speakers at the fourth edition of this leading innovation and technology forum in Miami, which opened yesterday with a presentation by Apple co-founder Steve Wozniak.
President Donald Trump on Wednesday in Cincinnati presented his plan to improve the nation's infrastructure and once again make the country a nation of "builders," giving state and local authorities more freedom of action, fewer environmental regulations and more private support.
According to a Wall Street Journal report, the US investment bank, Goldman Sachs, last week made a purchase of bonds issued in 2014 by the Petroleos de Venezuela Company, worth $ 2.8 billion.
The fourth edition of eMerge Americas will be held in Miami Beach starting on June 12 and will feature speakers such as Apple co-founder Steve Wozniak. The forum is aiming to make Miami the meeting place for Latin American entrepreneurs and US investors.
Data on the most recent quarter triggered some disappointment among analysts, who had expected the sales of smartphones to reach 52 million units.
Let’s be clear: America is an undertaxed society. Our wants and needs from government -- the two blur -- exceed our willingness to be taxed.
Trump's new international policies are a radical change in the electoral proposals he championed for more than a year. Perhaps the new president is not so far from his predecessor as to the priorities of the United States.
Gene Schriver, emprendedor de origen argentino que creció en Filadelfia, es el CEO y fundador de GLOBO, una plataforma tecnológica de servicios de traducción, considerada una de las startups latinas con mayor crecimiento en EEUU en 2016.
Gene Schriver is the CEO and founder of GLOBO, a translation services platform, considered one of the fastest growing Latino startups in the US.
For a time on Monday, one question appeared to haunt stock market investors from Tokyo to Manhattan: Will President Trump be able to live up to his promises to reduce taxes and cut regulation?
President Trump warned recalcitrant House Republicans they could lose their majority in 2018 if they don’t pass the leadership’s health-care bill to dismantle Obamacare on Thursday. But it turns out thousands of his voters benefited from the existing health program.
You’ve heard the criticism. Too many American corporate managers are addicted to “short-termism.” They postpone investments and other costs, sacrificing future performance for present profitability. Either they’re pressured by “activist investors” or want to inflate the value of their stock options. If true, it could help explain the economy’s lackluster performance. Now, a new study asserts that it is true.
The study is intriguing -- but be skeptical; it has some glaring weaknesses.
The U.S. Senate has finally responded to the debt crisis in Puerto Rico with the new Promesa law. The problem is, Puerto Ricans have no say in how they will begin to dig out of the deep debt hole they find themselves in.