Category Archives:
Fed’s George: no question we are in a tight labor market
(Reuters) - Kansas City Fed President Esther George said Friday "there's no question" the U.S. labor market is tight, adding that she would be looking carefully at how wage pressures and inflaton expe...
Nov 05, 2021
Peloton’s value drops $9 billion as Wall Street predicts tough road ahead
(Reuters) - Peloton Interactive Inc shares slumped 33% on Friday, wiping off about $9 billion in market value as analysts predicted a tough path ahead for the pandemic-darling amid a return by economi...
Nov 05, 2021
Factbox: Roads, bridges and airports: details of Biden’s $1 trillion infrastructure bill
WASHINGTON (Reuters) - The U.S. House of Representatives was poised on Friday to vote on a bill that would boost spending on roads, bridges, broadband and other transportation infrastructure, a center...
Nov 05, 2021
U.S. SEC enforcement chief says FY2021 enforcement figures will be ‘slightly down’
By Chris Prentice WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission's (SEC) director of enforcement on Friday said the agency's fiscal year 2021 enforcement figures will be "slightly ...
Nov 05, 2021
Florida, others sue to block Biden administration vaccine mandate
(Reuters) - The states of Florida, Georgia and Alabama filed a lawsuit in the 11th U.S. Circuit of Appeals on Friday seeking to block the Biden Administration's vaccine mandate, which was unveiled on ...
Nov 05, 2021
E-scooter startup Lime raises $523 million, eyes going public in 2022
By Nick Carey (Reuters) - Urban mobility company Lime said on Friday it had raised $523 million from investors to scale up production of its latest e-scooters and e-bikes and its top executive said th...
Nov 05, 2021
Fewer U.S. workers sidelined as Delta cases began to fall, survey shows
(Reuters) - The number of U.S. workers unable to work at some point over the previous four weeks due to the COVID-19 pandemic dropped by more than a million in October, while fewer people reported not...
Nov 05, 2021
AIG Europe boss expects slowdown in insurance rate rises
LONDON (Reuters) - Insurance premium rates are likely to continue to climb in Europe, the Middle East and Africa in 2022, but probably at a slower clip, the chief executive of AIG Europe said at the R...
Nov 05, 2021
Factbox: What’s in Biden’s $1.75 trillion ‘Build Back Better’ package?
WASHINGTON (Reuters) - The Democratic-controlled U.S. House of Representatives was expected to vote Friday on a sweeping, $1.75 trillion social-policy and climate package that accounts for much of Dem...
Nov 05, 2021
Bank of England should be cautious about raising rates, Tenreyro says
By David Milliken LONDON (Reuters) - The Bank of England should take a cautious approach to raising interest rates as the economy remains below its pre-crisis size and the health of the labour market ...
Nov 05, 2021
Peoria, IL, USA
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