Category Archives:
Fed fund futures moves higher after Powell stresses patience
LONDON (Reuters) - Futures contracts tied to the U.S. Federal Reserve's policy rate rose on Friday after Federal Reserve Chair Jerome Powell signalled the U.S. central bank will remain patient as it t...
Aug 27, 2021
U.S. consumer sentiment falls in August to lowest in nearly a decade
By Evan Sully (Reuters) - U.S. consumer sentiment declined to its lowest level in nearly a decade in August as consumers' views of their personal financial prospects continued to worsen, a survey show...
Aug 27, 2021
COVID shot drives CanSinoBIO’s first six-month profit since at least 2019
BEIJING (Reuters) - Chinese vaccine maker CanSino Biologics Inc (CanSinoBIO) said on Friday it had returned to operating profit of 802.3 million yuan ($123.79 million) in the first six months of 2021,...
Aug 27, 2021
Vaccinated Chileans shout and dance for study to see if the show can go on for concerts
By Esteban Medel SANTIAGO (Reuters) - Vaccinated Chileans on Thursday night attended the first of a series of concerts that will be studied in a clinical trial to see if mass events like concerts can ...
Aug 27, 2021
Fed’s Powell weighs Delta risk, gives no signal on start of bond-buying taper
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) - The U.S. economy continues to make progress towards the Federal Reserve's benchmarks for reducing its pandemic-era emergency programs, Fed Cha...
Aug 27, 2021
Fed’s Kaplan says labor shortages may persist
(Reuters) - Dallas Federal Reserve Bank President Robert Kaplan said some of the labor supply shortages businesses are facing now may persist because more people retired during the pandemic and some p...
Aug 27, 2021
Stellantis production at Italy’s Sevel plant to be suspended over chip shortage
MILAN (Reuters) - Production at a Stellantis plant in Italy making light commercial vehicles will be halted next week due to a semiconductor shortage, a spokesperson for the carmaker said on Friday, c...
Aug 27, 2021
Fed’s Mester says taper should begin this year, end middle of next
WASHINGTON (Reuters) - The U.S. Federal Reserve has met its goal of "substantial further progress" on both employment gains and inflation and should begin to reduce its massive monthly bond buys this ...
Aug 27, 2021
From dried fruit to bike repair, Cuban entrepreneurs prepare for a more open economy
By Marc Frank and Anett Rios HAVANA (Reuters) - Cuban entrepreneurs, running businesses ranging from selling dried fruit to repairing bikes and developing software, are scrambling to understand the op...
Aug 27, 2021
Toyota halts all self-driving e-Palette vehicles after Olympic village accident
(Reuters) - Toyota Motor said on Friday it had suspended operations of its self-driving e-Palette transportation pods at the Paralympic Games village in Tokyo, a day after one of the vehicles collided...
Aug 27, 2021
Peoria, IL, USA
67 °F Partly cloudy
