WASHINGTON (Reuters) – U.S. business inventories increased solidly in May, but shortages of goods like motor vehicles are making it […]
China to explore cross-border payments in digital yuan
BEIJING (Reuters) -China’s central bank said on Friday it will explore cross-border payments in digital yuan, and is willing to […]
Ford recalling 775,000 SUVs for steering issue linked to six injuries
By David Shepardson WASHINGTON (Reuters) -Ford Motor Co said on Friday it was recalling about 775,000 Ford Explorer SUVs worldwide […]
Inflows into U.S. bond funds dip on inflation jitters, Lipper finds
(Reuters) – Money inflows into U.S. bond funds fell in the week to July 14 after data showing higher inflation […]
Service sector business activity surges in NY region -NY Fed survey
(Reuters) -Service sector businesses in the New York region saw a further surge in activity in early July, according to […]
BofA lowers U.S. 2021 GDP forecast to 6.5% from 7.0%
LONDON (Reuters) – The U.S. economy has moved past the peak in growth and inflation, BofA said on Friday, as […]
White House to meet housing industry officials to discuss supply shortage
WASHINGTON (Reuters) – The White House will meet with representatives from the housing industry on Friday to discuss a supply […]
Kansas City Southern revenue jumps 37% as freight volumes rebound
(Reuters) -Kansas City Southern, which has agreed to be taken over by Canadian National Railway Co, on Friday reported a […]