U.S. Consumer Spending Buffeted by Fastest Inflation in Decades (Bloomberg) — U.S. consumers took a breather in November a month after a holiday spending surge, but that pause risks becoming more lasting if Americans pull back when faced with both the fastest inflation in decades and the omicron variant. Purchases of goods and services, after…
© Reuters. FILE PHOTO: A job seeker leaves the job fair for airport related employment at Logan International Airport in Boston, Massachusetts, U.S., December 7, 2021. REUTERS/Brian Snyder/File Photo By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits held below pre-pandemic levels last week as the labor market…
© Reuters. FILE PHOTO: A money changer counts Turkish lira banknotes at a currency exchange office in Ankara, Turkey November 11, 2021. REUTERS/Cagla Gurdogan By Nevzat Devranoglu and Ezgi Erkoyun ISTANBUL (Reuters) – Turkey’s lira rallied further on Thursday and was on track for its best week in two decades, boosted by a government plan…
© Reuters. FILE PHOTO: People look out to the City of London financial district from a viewing platform in London, Britain, October 22, 2021. REUTERS/Hannah McKay (Refiles to correct date in dateline) LONDON (Reuters) – Britain’s economy grew more slowly than previously thought in the July-September period, before the Omicron variant of the coronavirus posed…
© Reuters. U.S. Senator Joe Manchin (D-WV) talks to reporters as he leaves the U.S. Capitol in Washington, U.S., December 15, 2021. REUTERS/Elizabeth Frantz/File Photo WASHINGTON (Reuters) – Conversations with Senator Joe Manchin’s office will continue, the White House said on Wednesday after the key conservative Democrat earlier this week rejected the president’s Build Back…
© Reuters. FILE PHOTO: First lady Jill Biden watches as U.S. President Joe Biden delivers remarks to the National Education Association’s Annual Meeting and Representative Assembly in Washington, U.S., July 2, 2021. REUTERS/Kevin Lamarque/File Photo (Reuters) -U.S. President Joe Biden said on Wednesday that his administration was extending the pause on student loan repayment for…
© Reuters. FILE PHOTO: The Nike swoosh logo is seen outside the store on 5th Avenue in New York, New York, U.S., March 19, 2019. REUTERS/Carlo Allegri/File Photo By Uday Sampath Kumar (Reuters) -Nike Inc beat quarterly revenue and profit estimates on Monday, lifted by strong demand for its sports shoes and apparel in North…
2/2 © Reuters. FILE PHOTO: A woman gets a COVID-19 test during the coronavirus disease pandemic in the Manhattan borough of New York City, New York, U.S., December 17, 2021. REUTERS/Carlo Allegri 2/2 By Jarrett Renshaw and Ahmed Aboulenein WASHINGTON (Reuters) -The Biden administration will open federal COVID-19 testing sites in New York City this…
© Reuters. FILE PHOTO: A Carnival cruise ship is docked, amid the coronavirus disease (COVID-19) pandemic, in Long Beach, California, U.S., April 7, 2021. REUTERS/Lucy Nicholson By Praveen Paramasivam and Ananya Mariam Rajesh (Reuters) -Carnival Corp on Monday flagged a hit to its near-term bookings from Omicron, even as demand for cruises late next year…
2/2 © Reuters. FILE PHOTO: U.S. Senator Joe Manchin (D-WV) walks to a Democratic policy luncheon at the U.S. Capitol in Washington, U.S., December 16, 2021. REUTERS/Elizabeth Frantz 2/2 By Jan Wolfe and Trevor Hunnicutt WASHINGTON (Reuters) – U.S. Senator Joe Manchin, a moderate Democrat who is key to President Joe Biden’s hopes of passing…
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