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Fed expects to keep its key rate near zero through 2023

Fed expects to keep its key rate near zero through 2023

WASHINGTON — The Federal Reserve foresees the economy accelerating quickly this year yet still expects to keep its benchmark interest rate pinned near zero through 2023, despite concerns in financial markets about potentially higher inflation.
Amazon jumps into health care with telemedicine initiative

Amazon jumps into health care with telemedicine initiative

FALLS CHURCH, Va. — Amazon is making its first foray into providing health care services, announcing Wednesday that it will be offering its Amazon Care telemedicine program to employers nationwide.
Climate scientist Katharine Hayhoe has book out in September

Climate scientist Katharine Hayhoe has book out in September

NEW YORK — The new chief scientist at the Nature Conservancy, Katharine Hayhoe, has written a book about climate change. One Signal Publishers announced Wednesday that Hayhoe's “Saving Us” will be released Sept. 21.
German automaker BMW ramps up electric vehicle offerings

German automaker BMW ramps up electric vehicle offerings

FRANKFURT — German automaker BMW said Wednesday it intends to speed the rollout of new electric cars, vowing to bring battery-powered models to 50% of global sales by 2030.
German economist panel cuts 2021 growth outlook to 3.1%

German economist panel cuts 2021 growth outlook to 3.1%

BERLIN — The German economy — Europe's biggest — will grow by 3.1% this year, the government’s panel of independent economic advisers forecast on Wednesday, cutting its previous prediction somewhat.
US housing construction tumbled 10.3% in February

US housing construction tumbled 10.3% in February

WASHINGTON — Severe winter weather in much of the country pushed home construction down a sharp 10.3% in February while applications for new construction fell by 10.8%.
EU sets out virus pass plan to allow free travel by summer

EU sets out virus pass plan to allow free travel by summer

BRUSSELS — With summer looming and tourism-reliant countries anxiously waiting for the return of a steady influx of visitors amid the coronavirus pandemic, the European Union's executive body presented a proposal Wednesday that would allow the bloc's
Jesuits in US pledge $100M for racial reconciliation

Jesuits in US pledge $100M for racial reconciliation

The U.S.-based branch of the Jesuits has unveiled ambitious plans for a “truth and reconciliation” initiative in partnership with descendants of people once enslaved by the Roman Catholic order.
N Korea warns US not to 'cause a stink' before Seoul meeting

N Korea warns US not to 'cause a stink' before Seoul meeting

SEOUL, Korea, Republic Of — In North Korea’s first comments directed at the Biden administration, Kim Jong Un’s powerful sister on Tuesday warned the United States to “refrain from causing a stink” if it wants to “sleep in peace” for the next four ye
2 people dead in Southern California fireworks explosion

2 people dead in Southern California fireworks explosion

ONTARIO, Calif.