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U.S. service sector slows modestly in April

U.S. service sector slows modestly in April

WASHINGTON (Reuters) – U.S. services industry activity grew at a slightly slower pace in April, likely restrained by shortages of inputs amid a burst of demand that is being driven by massive fiscal stimulus and a rapidly improving public health environment.FILE PHOTO: A woman wearing a protective mask walks past empty tables outside a restaurant,…

Economy may be stronger than Fed officials recently projected, Bowman says

Economy may be stronger than Fed officials recently projected, Bowman says

WASHINGTON (Reuters) – The U.S. economy may be growing more quickly and unemployment falling faster than the core of Federal Reserve policymakers projected in March, Fed Governor Michelle Bowman said on Wednesday, a development that could fuel debate about the outlook for monetary policy.FILE PHOTO: U.S. Federal Reserve Governor Michelle Bowman poses at a conference…

UPDATE 1-DSM lifts 2021 outlook as industrial materials demand recovers

UPDATE 1-DSM lifts 2021 outlook as industrial materials demand recovers

(Adds more details throughout, co-CEOs quote)AMSTERDAM, May 5 (Reuters) – Dutch speciality chemicals company DSM on Wednesday raised its outlook for 2021, as a strong recovery of demand for its industrial materials helped its first-quarter results beat expectations.Restocking by car makers and electronics producers boosted demand for DSM’s plastics, the company said, while the easing…

Bitcoin rises 6.54% to $57,098.08

Bitcoin rises 6.54% to $57,098.08

Please try another search Breaking News ADP Payrolls Rose 742k in April – The Most Since September But Less Than Expected EconomyApr 30, 2021 04:35PM ET © Reuters. FILE PHOTO: FILE PHOTO: FILE PHOTO: The logo of the Bitcoin digital currency is seen in a shop in Marseille (Reuters) – rose 6.54% to $57,098.08 on…

U.S. says China has fallen short on ‘Phase 1’ intellectual property commitments

U.S. says China has fallen short on ‘Phase 1’ intellectual property commitments

© Reuters. FILE PHOTO: Chinese and U.S. flags flutter outside the building of an American company in Beijing By David Lawder WASHINGTON (Reuters) -China has fallen short on its commitments to protect American intellectual property in the ‘Phase 1’ U.S.-China trade deal signed last year, the Biden administration’s trade office said on Friday. The U.S.…

Researchers stumbled upon a box of human bones that had been missing for 100 years. They may come from Viking-age royalty.

Researchers stumbled upon a box of human bones that had been missing for 100 years. They may come from Viking-age royalty.

Denmark researchers recently stumbled across a box containing human bones from the Viking age. The remains were thought to have been lost for the last 100 years. The bones likely belonged to a wealthy man who may have been royal. See more stories on Insider’s business page. Ulla Mannering and Charlotte Rimstad are used to…

UPDATE 1-DSM lifts 2021 outlook as industrial materials demand recovers

UPDATE 1-DSM lifts 2021 outlook as industrial materials demand recovers

(Adds more details throughout, co-CEOs quote)AMSTERDAM, May 5 (Reuters) – Dutch speciality chemicals company DSM on Wednesday raised its outlook for 2021, as a strong recovery of demand for its industrial materials helped its first-quarter results beat expectations.Restocking by car makers and electronics producers boosted demand for DSM’s plastics, the company said, while the easing…