The Bank of Japan is set to keep policy unchanged at its meeting Tuesday as investors turn their focus to the bank’s economic outlook amid signs a global slump is bottoming.
Former White House economic director Gary Cohn said he sees no recession on the horizon and predicted that the economy will continue to grow as the U.S. heads into this year’s presidential election.
Michael Bloomberg unveiled a plan Sunday to invest $70 billion in low-income neighborhoods throughout the country, increase the number of black homeowners, and double the number of African-American owned businesses if he’s elected president.Bloomberg, who was scheduled to speak in Tulsa, Oklahoma, at a former hub of black businesses destroyed in a 1921 riot by white residents, outlined his plan to address what he called systemic discrimination in African-American access to credit and wealth crea
Sono Motors GmbH, the embattled German startup working to serially produce a solar-charged electric car, said it’s achieved a crowdfunding goal that will let the company stay in business.
China’s top economic planner said it would cut the production and use of plastic over the next five years, helping reduce one of the world’s biggest sources of plastic pollution.
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