Category Archives:
Lufthansa cancels 2,000 additional flights
BERLIN (Reuters) -Lufthansa is cancelling an additional 2,000 flights from Frankfurt and Munich this summer, the German flagship carrier said on Wednesday, citing staffing shortages at airports as wel...
Jul 13, 2022
U.S. recession risk up, but returns set to improve – Vanguard
By Davide Barbuscia NEW YORK (Reuters) - Vanguard Group, the world's second-biggest asset manager, said on Wednesday the U.S. economy had a growing chance of falling into recession in the next two yea...
Jul 13, 2022
Explainer-What is the BA.5 variant and why does it seem to be reinfecting so many people with COVID-19?
By Jennifer Rigby and Julie Steenhuysen LONDON (Reuters) - BA.5, part of the Omicron family, is the latest coronavirus variant to cause widespread waves of infection globally. According to the World H...
Jul 13, 2022
Euro falls below parity for the first time in 2 decades
LONDON (Reuters) - The euro dropped below parity against the dollar the first time in almost two decades, as a hawkish U.S. Federal Reserve and growing concern about rising recession risks in the euro...
Jul 13, 2022
Fed nominee Barr expected to get final Senate nod on Wednesday
WASHINGTON (Reuters) - The U.S. Senate on Wednesday is expected to confirm Michael Barr to the Federal Reserve Board and as the central bank's top banking regulator, a role in which he is set to bolst...
Jul 13, 2022
Euro falls below dollar parity for first time since 2002
By Elizabeth Howcroft LONDON (Reuters) -The euro dropped below parity against the dollar on Wednesday for the first time in almost two decades, as a hawkish U.S. Federal Reserve and growing concern ab...
Jul 13, 2022
Analysis-Euro-dollar parity leaves ECB facing costly choices
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) - The euro's tumble to parity against the dollar has pushed the European Central Bank back against a wall, leaving its policymakers with only...
Jul 13, 2022
Hot US June CPI turns up pressure on the Fed
NEW YORK (Reuters) - U.S. consumer prices accelerated in June as gasoline and food costs remained elevated, resulting in the largest annual increase in inflation in four decades and cementing the case...
Jul 13, 2022
Gasoline, food drive U.S. consumer prices higher in June
WASHINGTON (Reuters) - U.S. consumer prices accelerated in June as gasoline and food costs remained elevated, resulting in the largest annual increase in inflation in 40-1/2 years and cementing the ca...
Jul 13, 2022
Animals in Madrid Zoo chew on popsicles for heatwave relief
MADRID (Reuters) - With temperatures soaring above 40 degrees Celsius (104F) amid a searing heatwave in Spain, Madrid Zoo's top celebrity, Bing Xing the giant panda, enjoyed watermelon popsicles on We...
Jul 13, 2022
Peoria, IL, USA
51 °F Sunny
