The largest U.S. banks are scrutinizing members of the Federal Reserve for any insight into how the central bank will tinker interest rates.Banksread more
Facebook's cryptocurrency project has already been met with skepticism from policymakers around the world.Technologyread more
The U.S. and China restarted their trade talks, but signs are showing a comprehensive deal could be a long way off, if it happens at all.Marketsread more
Stone, 66, a notorious Republican political operative who has described himself as a "dirty trickster," had previously been dressed down by the judge for his public remarks...Politicsread more
The Biden team's second-quarter Federal Election Commission filing shows that the campaign wrote a check of just over $5,300 on June 28 to Sheehan Associates for "strategic...2020 Electionsread more
See which stocks are posting big moves after the bell on July 16.Market Insiderread more
United Airlines' second-quarter profit tops estimates but questions about the 737 Max linger.Airlinesread more
Three civil rights groups filed a federal lawsuit on Tuesday challenging the Trump administration's new asylum rule, which bars asylum claims from most noncitizens who travel...Politicsread more
Google VP of policy Karan Bhatia started sweating early as hearing chair Ted Cruz brings out an internal presentation created within the company.Technologyread more
At a hearing with the House Judiciary subcommittee on antitrust, an Amazon representative disputed a key argument about how it users sellers' data.Technologyread more
Charles Evans spoke Tuesday at CNBC's @Work Human Capital + Finance Conference in Chicago. The Fed president said he is worried about low inflation and several other issues.At Workread more
BRASILIA, July 10 (Reuters) - Brazil's Economy Ministry is considering launching a website that will detail the steps it has taken and will take to reform the economy, sources told Reuters, in an effort to increase transparency and combat criticism it has not done enough to boost weak growth.
With lawmakers this week finally voting on the government's first major economic reform policy, to overhaul the country's pension system, attention in Brasilia is turning to what measures will be prioritized in the second half of the year.
Among the key areas will be tax reform and a new "federative pact" governing federal and regional budgets, as well as how to deliver what Economy Minister Paulo Guedes says will be "a cheap energy shock" for Brazil.
On Monday, Guedes and senior Economy Ministry officials had an informal dinner with central bank President Roberto Campos Neto to discuss the post-pension reform economic and reform landscape.
On Thursday, Guedes and Economy Ministry secretaries will meet to further flesh out ideas, sources said.
"We have a series of measures to be announced in the second half of the year, some that will go to Congress and some that will come via the Executive," Waldery Rodrigues, special secretary to the Economy Ministry, said this week.
The idea of a website outlining the Economy Ministry's agenda and policy priorities mirrors the central bank's "BC+ Agenda," which has been rebranded "BC#" since Campos Neto was confirmed as central bank president in March.
Brazil's economy, after contracting in the first quarter, may have tipped into recession in the second quarter. The central bank recently slashed its 2019 growth forecast to 0.8% from 2.0%, and Rodrigues this week said the government will likely cut its outlook to 0.8-1.2% from 1.6% currently. (Reporting by Jamie McGeever and Marcela Ayres Editing by Leslie Adler)