Category Archives:
Fed’s Clarida: Surprised by the magnitude of bond yield drop
(Reuters) - U.S. Federal Reserve Vice Chair Richard Clarida on Wednesday said he has been surprised by the magnitude of the drop in global government bond yields, but he is not ready to see that as a ...
Aug 04, 2021
Rolls-Royce plans to sell ITP Aero to Bain and Sener for $1.9 billion – report
MADRID/LONDON (Reuters) -Rolls-Royce is set to sell its Spain-based ITP Aero unit to U.S. private equity firm Bain Capital and Spanish group Sener for 1.6 billion euros ($1.9 billion), a Spanish newsp...
Aug 04, 2021
Russia plans to subsidise electric cars to spur demand
MOSCOW (Reuters) - Russia plans to subsidise the purchase of domestically manufactured electric vehicles (EVs) to stimulate demand and production, the country's economy ministry said on Wednesday. The...
Aug 04, 2021
Former President Obama scales back birthday bash amid COVID
WASHINGTON (Reuters) - Former Democratic U.S. President Barack Obama has scaled back plans to celebrate his 60th birthday this weekend, a spokeswoman said on Wednesday, citing the spread of the highly...
Aug 04, 2021
Ladbrokes owner shares hit record high as investors bet on new MGM bid
By Chris Peters and Yadarisa Shabong (Reuters) - Shares of Entain, which rejected a takeover offer from MGM Resorts this year, jumped to a record high on Wednesday after a $4.4 billion asset sale by t...
Aug 04, 2021
Fed’s Clarida backs raising interest rates in 2023
WASHINGTON (Reuters) - The Federal Reserve should be in the position to begin raising interest rates in 2023, Fed Vice Chair Richard Clarida said on Wednesday, as he predicted the U.S. economy remains...
Aug 04, 2021
Colorful, violent and silly, ‘The Suicide Squad’ makes a comeback
By Alicia Powell (Reuters) - Margot Robbie leads a cast of unhinged supervillains as "The Suicide Squad" returns on Friday in a sequel that its cast calls colorful and crazy. With a new director in Ja...
Aug 04, 2021
U.S. services sector index races to record high in July -ISM survey
By Lucia Mutikani WASHINGTON (Reuters) - A measure of U.S. services industry activity jumped to a record high in July, boosted by the shift in spending to services from goods, but businesses continued...
Aug 04, 2021
U.S. Treasury’s Yellen touts infrastructure bill as reducing economic inequality
ATLANTA (Reuters) - U.S. Treasury Secretary Janet Yellen on Wednesday traveled to Atlanta to call for passage of the $1 trillion bipartisan infrastructure bill, saying it would help reverse wage and r...
Aug 04, 2021
U.S. labor market likely to add about 500,000 jobs a month – Fed’s Bullard
(Reuters) - The U.S. labor market is likely to recover at a pace of about 500,000 jobs a month, putting it on track to return to pre-pandemic levels by next summer, St. Louis Federal Reserve President...
Aug 04, 2021
Peoria, IL, USA
62 °F Sunny
