Fed to target 2% average inflation, elevates focus on jobs

(Reuters) – The Federal Reserve on Thursday rolled out an aggressive new strategy to restore the United States to full employment and lift inflation back to healthier levels in a world where it now believes that “downward risks to employment and inflation have increased.” Under the new approach, laid out in a fresh statement on […]

Warren says she would accept an offer to be Biden's running mate

(Reuters) – U.S. Senator Elizabeth Warren said on Wednesday that she would accept an offer to be Democratic presidential candidate Joe Biden’s running mate if the position were offered. “Yes,” said Warren when she was asked on MSNBC how she would respond if Biden asked her to serve as his vice president. Biden, who was […]

Democrats rethink campaign approach, Trump to push ahead, in coronavirus crisis

WASHINGTON (Reuters) – Democratic presidential contenders Joe Biden and Bernie Sanders on Wednesday were reassessing how to campaign after canceling election rallies due to the coronavirus pandemic, while Republican President Donald Trump’s campaign looked set to push ahead. Biden’s campaign, which scored decisive primary victories in Michigan and three other states on Tuesday, canceled a […]