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Daily Archives: February 13, 2018

Stock market’s rout is not impacting the US economic outlook: Cleveland Fed’s Mester

The recent stock market sell-off and jump in volatility will not damage the economy's overall strong prospects, Cleveland Federal Reserve president Loretta Mester said on Tuesday in warning against any overreaction to the turbulence in financial markets. "While a deeper and more persistent drop in equity markets could dash confidence and lead to a pullback…

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Trump administration wants to replace a chunk of food stamp benefits with Blue Apron-style service for low-income people

Move over, Blue Apron. Uncle Sam could soon be delivering "America's Harvest Box." The Trump administration is proposing replacing a portion of the federal food stamp program with actual boxes of food delivered to recipients' front doors, putting the U.S. government directly in charge of what goes on the dinner plates of about 17 million…

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Harry and Meghan on first Scottish visit

Media playback is unsupported on your device Media captionPrince Harry and Meghan Markle have made their first official visit to ScotlandPrince Harry and Meghan Markle have visited Edinburgh Castle at the start of their first official joint appearance in Scotland. The trip is part of their public engagements in the run-up to their wedding on…

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Zuma must go for sake of SA – ANC

Image copyright AFP Image caption Jacob Zuma has been president of South Africa since 2009 South Africa's ruling African National Congress (ANC) has formally asked President Jacob Zuma to resign "for the sake of the country". But despite the ANC's top leadership deciding to "recall" him "urgently", the scandal-hit Mr Zuma was still in power…

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Nigeria jails first Chibok girls abductor

Image copyright AFP Image caption The girls were taken from a school in Chibok, Borno state, in April 2014 A Nigerian court has jailed a Boko Haram militant involved in the 2014 kidnapping of the Chibok girls. Haruna Yahaya, 35, is the first member of the group to be sentenced for playing a part in…

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