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Column-Faster U.S. inflation erases years of undershot targets: Kemp
By John Kemp LONDON (Reuters) - Rapidly rising consumer prices as the U.S. economy re-opens after the pandemic have erased years of below-target inflation, intensifying questions about when the centra...
Syndicated Content Jul 14, 2021
Top U.S. banks smash profit estimates on rebounding economy
By Michelle Price WASHINGTON (Reuters) - The four largest U.S. consumer banks posted blockbuster second-quarter results this week, after pandemic loan losses failed to materialize and the U.S. economy...
Syndicated Content Jul 14, 2021
Markets stick with ‘don’t fight the Fed’ mantra amid rising inflation
By Lewis Krauskopf NEW YORK (Reuters) - Signs of inflation abound and the world's biggest asset manager is warning higher prices may be here for a while, yet a sizable chunk of the market appears to b...
Syndicated Content Jul 14, 2021
Commission proposes $117 billion to remake U.S. train corridor, cut travel times
By David Shepardson WASHINGTON (Reuters) - A U.S. government commission on Wednesday proposed a $117 billion plan to remake the Northeast Corridor - the Boston-to-Washington train route that is the na...
Syndicated Content Jul 14, 2021
Cycling-Pogacar wins Tour de France stage 17, extends overall lead
SAINT-LARY SOULAN, France (Reuters) - Tadej Pogacar controlled his rivals and extended his overall lead in the Tour de France as the final podium took shape in a gruelling mountain 17th stage won by t...
Syndicated Content Jul 14, 2021
U.S. State Dept “surging” staffing to cope with backlog of up to 2 million passport applications -official
WASHINGTON (Reuters) - The U.S. State Department is "surging" staffing levels to address a backlog of as many as 2 million passport applications due to the COVID-19 pandemic that has Americans waiting...
Syndicated Content Jul 14, 2021
French police quell protest against COVID health passport rules
PARIS (Reuters) - Dozens of French police used tear gas to disperse a protest against President Emmanuel Macron's plan to require a COVID-19 vaccine certificate or negative PCR test to gain entry to b...
Syndicated Content Jul 14, 2021
Insurance claims from S.African unrest seen at up to $680 million – govt insurer
JOHANNESBURG (Reuters) - Claims for damage and theft from businesses affected by civil unrest in South Africa are likely to be between 7 billion rand and 10 billion rand ($481 million to $683 million)...
Syndicated Content Jul 14, 2021
Investment in Sichuan’s key transport projects to top $170.4 billion
HONG KONG (Reuters) - China's southwestern province of Sichuan said on Wednesday that total investment in key transport projects will exceed 1.1 trillion yuan ($170.43 billion) in the next decade. The...
Syndicated Content Jul 14, 2021
Golf-Driving well the key for Johnson’s British Open bid
By Ed Osmond SANDWICH, England (Reuters) - Dustin Johnson has good memories of Royal St George's after finishing tied second at the 2011 British Open and the world number one is confident of going one...
Syndicated Content Jul 14, 2021
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