© Reuters. FILE PHOTO: U.S. President Joe Biden leaves after speaking about the coronavirus disease (COVID-19) response and the vaccination program from the Rose Garden of the White House in Washington, U.S., May 13, 2021. REUTERS/Kevin Lamarque By Howard Schneider and Jarrett Renshaw WASHINGTON (Reuters) – High unemployment. Rising prices. Gas lines. They’re a bad…
5/5 © Reuters. FILE PHOTO: Containers are seen at the Yangshan Deep-Water Port in Shanghai, China October 19, 2020. REUTERS/Aly Song/File Photo 2/5 By Stella Qiu and Kevin Yao BEIJING (Reuters) -A metal coatings plant in China’s manufacturing hub has been hit by price increases of up to 30% for raw materials including steel, aluminium,…
© Reuters. FILE PHOTO: Dallas Federal Reserve Bank President Robert Kaplan speaks at the Commonwealth Club in San Francisco, U.S., October 11, 2019. REUTERS/Ann Saphir By Ann Saphir (Reuters) -Dallas Federal Reserve President Robert Kaplan on Friday raised the prospect of a worrisome rise in U.S. inflation expectations, as imbalances between supply and demand for…
© Reuters. FILE PHOTO: U.S. One dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado Ruvic/Illustration By Kate Duguid NEW YORK (Reuters) -The dollar edged lower against major currencies on Friday after U.S. retail sales unexpectedly stalled in April and as concerns about prospects of accelerating…
© Reuters. BBVA bank logo is pictured in Bogota, Colombia February 14, 2020. REUTERS/Luisa Gonzalez By Pete Schroeder WASHINGTON (Reuters) – The U.S. Federal Reserve said on Friday it had approved the acquisition of the U.S. operations of Spanish lender BBVA (MC:BBVA) by PNC Financial Services Group Inc (NYSE:PNC), clearing the way for a deal…
© Reuters. FILE PHOTO: U.S. President Joe Biden holds first Cabinet meeting at the White House in Washington, U.S., April 1, 2021. REUTERS/Tom Brenner By Nandita Bose WASHINGTON (Reuters) -Less than 3% of the roughly 30 million small-business owners in the United States could face tax increases under President Joe Biden’s jobs and infrastructure plan,…
© Reuters. FILE PHOTO: The floor of the the New York Stock Exchange (NYSE) is seen after the close of trading in New York, U.S., March 18, 2020. REUTERS/Lucas Jackson/File Photo By Lewis Krauskopf NEW YORK (Reuters) – Earnings reports from major retailers will be in focus next week after the U.S. stock market suffered one of its biggest pullbacks in months,…
© Reuters. FILE PHOTO: Bank of Canada Governor Tiff Macklem arrives to a news conference in Ottawa, Ontario, Canada September 10, 2020. REUTERS/Blair Gable/File Photo/File Photo By Julie Gordon and David Ljunggren OTTAWA (Reuters) -If the buoyant Canadian dollar continues to rise it could create headwinds for exports and business investment as well as affecting…
Fed’s Waller Joins Colleagues in Branding Inflation ‘Temporary’ (Bloomberg) — Christopher Waller on Thursday became the latest Federal Reserve governor to try and dampen expectations for central bank action to curb rising prices that he sees as “temporary.” Waller, the third governor to speak this week, said that while inflation above the Fed’s 2% goal…
© Reuters. FILE PHOTO: U.S. Sen. Martin Heinrich (D-NM) speaks during a Senate Intelligence Committee nomination hearing for Rep. John Ratcliffe (R-TX), on Capitol Hill in Washington, U.S., May 5, 2020. Andrew Harnik/Pool via REUTERS//File Photo By Valerie Volcovici WASHINGTON (Reuters) – Democratic Senator Martin Heinrich on Thursday introduced a bill that would help states…
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