Category Archives:
Biden’s $1.75 trillion social spending bill faces critical year-end test
By Richard Cowan WASHINGTON (Reuters) - Having averted an embarrassing government shutdown and potentially catastrophic default this month, Democrats in the U.S. Congress now move on to the even harde...
Dec 15, 2021
China adds new incentives for banks to lend to small businesses
BEIJING (Reuters) -China will step up support for small businesses, unveiling new financial incentives for local banks to lend to those companies, according to a State Council meeting chaired by Premi...
Dec 15, 2021
British tourists head to snowy Lapland seeking Santa Claus
HELSINKI (Reuters) - Santa Claus and heavy snow falls are attracting British tourists back to Lapland, bolstering Finland's tourism industry that has been hit hard by the coronavirus pandemic. Most of...
Dec 15, 2021
Omicron estimated at 2.9% of COVID-19 variants ; 800K COVID deaths in U.S.
(Reuters) – The Omicron variant was estimated to be 2.9% of the COVID-19 variants circulating in the United States as of Dec. 11, according to data from the U.S. Centers for Disease Control and ...
Dec 15, 2021
Eli Lilly raises 2021 profit forecast
(Reuters) -Eli Lilly raised its full-year 2021 profit and sales expectations on Wednesday, helped partly by a recent U.S. government contract for its COVID-19 antibody treatment. Shares of the drugmak...
Dec 15, 2021
Futures inch lower ahead of Fed announcement
By Shreyashi Sanyal (Reuters) - U.S. stock index futures were subdued on Wednesday as the latest reading on inflation solidified bets that the Federal Reserve might announce a speedier wind down of it...
Dec 15, 2021
Scholz vows to launch biggest transformation of German economy in a century
By Paul Carrel and Madeline Chambers BERLIN (Reuters) - German Chancellor Olaf Scholz said on Wednesday his government would make Europe's largest economy fit for the future by fostering investment in...
Dec 15, 2021
Explainer-Economy closes in on Fed’s framework goals. How will policymakers react?
By Howard Schneider WASHINGTON (Reuters) - The U.S. unemployment rate is coming down, inflation is rising, and the Federal Reserve is preparing for faster rate increases than thought likely earlier th...
Dec 15, 2021
Derek Chauvin expected to change plea to guilty in George Floyd civil rights case
(Reuters) - White former Minneapolis police officer Derek Chauvin is expected to plead guilty on Wednesday in a federal court in Minnesota to charges that he violated George Floyd's civil rights durin...
Dec 15, 2021
U.S. airlines to defend $54 billion COVID-19 government lifeline
By David Shepardson WASHINGTON (Reuters) - Major U.S. airlines Wednesday will defend a $54 billion COVID-19 government lifeline even as they face operational challenges and work to speed hiring to add...
Dec 15, 2021
Peoria, IL, USA
47 °F Mist
