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U.S. Treasury Secretary Janet Yellen attends a press conference in San Francisco, California, U.S., November 10, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsBESSEMER CITY, North Carolina, Nov 30 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Thursday she believes the U.S. economy does not need further drastic monetary policy tightening to stamp out inflationary expectations and was on track to achieve a "soft landing" with strong employment.Yellen told reporters after a speech at a lithium processing plant in North Carolina that in the past, the Federal Reserve sometimes had...

Spain's new Minister of Industry Hector Gomez Hernandez walks outside Moncloa Palace in Madrid, Spain, March 28, 2023. REUTERS/Isabel Infantes/File Photo Acquire Licensing RightsMADRID, Oct 19 (Reuters) - Spain is optimistic about the prospects of attracting new investment into its automotive sector following the so-called Euro 7 agreement, which watered down proposed rules on pollutant emissions rules for new cars in Europe, Trade Minister Hector Gomez told Reuters on Thursday.EU ministers last month approved the rules under Spain's rotating presidency of the European Council, a position which Gomez said was...

PHILADELPHIA, Sept 4 (Reuters) - U.S. President Joe Biden on Monday took shots at his likely 2024 rival, Donald Trump, in a Labor Day speech aimed at shoring up support in Pennsylvania, a state he needs to win next year to retain the White House.A self-described champion of labor unions, Biden addressed union workers in Philadelphia as he sought to explain his economic policies to a public worried about the economy, despite easing inflation and low unemployment levels."It wasn't that long ago we were losing jobs in this country," Biden...

U.S. Secretary of Energy Jennifer Granholm delivers a speech ahead of a conversation with Daniel Yergin, the vice chairman of S&P Global, during the CERAWeek energy conference in Houston, Texas, U.S., March 8, 2023. REUTERS/Callaghan O'Hare/File Photo Acquire Licensing RightsWASHINGTON, Aug 31 (Reuters) - The Biden administration is offering $12 billion in grants and loans for auto makers and suppliers to retrofit their plants to produce electric and other advanced vehicles, Energy Secretary Jennifer Granholm said on Thursday."While we transition to EVs, we want to ensure that workers can transition...