Chile’s Pinera Says Spending Plan Would Cost $14 Billion

Chile’s frontrunning center-right presidential candidate, Sebastian Pinera, on Monday unveiled a $14 billion, four-year spending plan focused on proposed reforms to the country’s tax and pension systems and new investments in infrastructure and hospitals. The former president, who governed from 2010 to 2014, said he would pay for his proposals …

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Trump Expected to Nominate Powell for Fed Chair

U.S. President is expected to nominate Federal Reserve Governor Jerome Powell as the next chairman of the central bank, senior administration officials said Monday. Powell is a Republican centrist who appears inclined to continue the Fed’s strategy of gradual interest rate hikes. But officials say Trump hasn’t made up his …

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On Climate Change, It’s Trump vs. Markets

At the 2015 Paris summit, world leaders pledged to take steps to avoid catastrophic climate change. This November in Bonn, Germany, U.N. negotiators will be back, working out the details of how to cut emissions of planet-warming gases. It is the first conference since President Donald Trump said the United …

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Who Will Be the Next Fed Chief?

President Trump says he is “very close” to picking a person for the most important economic post in the country: the head of the US Federal Reserve. Current Chair Janet Yellen, whose term expires early next year, is one of at least five candidates under consideration. Regardless of the president’s …

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Trump Ponders New Head for Federal Reserve

President Donald Trump says he is “very close” to picking a person for the most important economic post in the United States, the head of the Federal Reserve. Current Chair Janet Yellen’s term expires early next year and she is one of at least five candidates for the job. Besides …

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