Government
Yellen Fed Reserve nomination joins list of women as economic power players in US
Janet Yellen's nomination for the role of chief of US Federal Reserve would add her to the list of women who shape the US economy primarily dominated by men.
Yellen sees no conflict on improving US unemployment and working on monetary policies
US Federal Reserve Chairman nominee Janet Yellen saw no problem in tackling both issues in US unemployment and monetary policies.
As Washington impasse continues, Washington runs risk of default- Factbox
Reuters Factbox revealed that should the political impasse in Washington continue, it would risk defaulting on some debt payments starting October 22.
Libyan Prime Minister kidnapped by Revolutionary Group
Libyan Prime Minister Ali Zaidan had been kidnapped by a revolutionary group from Tripoli and was taken at dawn into an unknown destination, said a Bloomberg report.
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According to a report from USA Today, the new USD 100 note has a distinctive feel and new security features.
Experts expressed confidence that the new USD 100 bill would limit counterfeiting. With the redesigned USD 100 bills scheduled for delivery to banks today, experts interviewed by news website WebProNews said these bills could thwart counterfeiting.
The Federal Reserve would be distributing the redesigned USD 100 bills on Tuesday. The Federal Reserve would be distributing its new USD 100 bills finally to banks on Tuesday.
Heavy traffic could not be the cause of website glitches under ObamaCare, according to experts. Glitches in the ObamaCare website were not just the result of heavy traffic.
US multinational firms said the Obama administration should not rush to finalize its proposed Trans-Pacific Partnership (TPP).
ObamaCare navigators in New York were unreachable, according to an informal survey conducted by the Post.
Contractors of the US government would most likely wait for assurances from Congress before reversing furloughs, a Bloomberg report said.
The government's sixth largest contractor, United Technologies Corp, cancelled plans to furlough around 4,000 employees.
A default would bring catastrophic results to the world economy. The world is anticipating the showdown on Capitol Hill over the US federal budget and debt ceiling.
The Transatlantic Trade and Investment Partnership had faced gale winds and now stands to undergo rough seas.