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...The federal government would “pay for the entire cost” of reconstructing the bridge, the president said in a news conference on Tuesday, and was preparing to send the state of Maryland “all the federal resources...
Next, he wants to remake the federal government.
...The firm has won $1bn in contracts from the US federal government since 2008, according to the USAspending.gov database, and is also often a subcontractor on projects led by others....
...McKinsey’s revenues as a prime contractor to the federal government fell to $54.9mn in the fiscal year to September 30, from $71.1mn the previous year, according to a government database....
...to documents unsealed on Monday in federal court in Miami....
...One study found Milei’s government last month had cut transfers to state-owned companies by 61 per cent, on an inflation adjusted basis, compared with February 2023. 4....
...Government bond prices rose as yields fell. Watching from the White House, Biden administration officials would have cheered, too....
...Canada’s federal government wants its largest pension funds to invest more in domestic companies, and is hiring the former governor of the central bank to entice them....
...stocks slipped and US Treasuries sold off after a report found that the country’s private sector added more jobs than expected in March — a sign of continued labour market strength that could delay the Federal...
...And perhaps unsurprisingly, the government contribution to GDP growth has been higher than usual: But here’s a wrinkle....
...The Congressional Budget Office said the US’s federal debt pile amounted to $26.2tn, or 97 per cent of gross domestic product, at the end of last year....
...Basic operations in everything from US federal parks and museums to collecting labour market data would cease....
...Between 2014 and 2016 he was active in eastern Ukraine as a fighter for Russian-led separatists in Donetsk region, according to the German federal prosecutor....
...He has also demanded a national “decompression” strategy to resettle migrants and federal aid to cover a bill the city has estimated will reach $12bn in the coming years....
...The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants LVMH and Kering....
...Powell also confirmed in January that the Federal Open Market Committee would begin discussions on when to start slowing the sale of US government bonds to reduce the size of its balance sheet....
...A US judge has barred federal government officials from liaising with social media companies on removing certain communications from their platforms, in a politically fraught case that addresses tensions...
...Scholz on Wednesday called for a “Germany pact” between the government in Berlin, federal states, municipalities and the opposition to re-energise the country amid deep gloom about sluggish economic growth...
...Government bond prices fell slightly as investors adjusted their bets on when Fed interest rate cuts would arrive....
...The strong executive power of US city mayors means that they are able to address the economic paralysis and failure that federal government sometimes fails to address....
...It also raised concerns over Chinese government debt as Beijing copes with weak demand and a housing crisis....
...The two German-Russian nationals were apprehended in raids on Wednesday morning by police special forces in the town of Bayreuth, south-east Germany, the federal prosecutor’s office said on Thursday....
...Yields on US government debt pushed higher as prices fell. Yields on rate-sensitive two-year Treasuries added 0.04 percentage points to 4.97 per cent....
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