(Reuters) – The rise in US coronavirus cases and restrictions aimed at containing it have begun to weigh on the economic recovery, the head of the Federal Reserve said on Wednesday, signaling an apparent setback by consumers and a slowdown in the rehire of laid off workers, particularly for small …
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OAKLAND, California / NEW YORK (Reuters) – After surviving two hits at age 27, Olivia Colt launched into a catering business, a dream of a lifetime. Ten years and another hit later, she had turned Salt & Honey Catering Plus Events into a thriving operation in downtown Oakland. Mary Foster …
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WASHINGTON (Reuters) – US consumer confidence fell more than expected in July amid an outbreak of COVID-19 infections across the country, threatening the economy’s recovery from an unprecedented recession caused by the pandemic. FILE PHOTO: A shopper is seen wearing a mask while shopping at a Walmart store in North …
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MADRID / LONDON / BERLIN (Reuters) – Spain reacted angrily on Tuesday to recommendations by Britain and Germany that their citizens avoid their islands and beaches due to an increase in coronavirus cases during what should be the heyday of the tourist season. FILE PHOTO: People sunbathe on Magaluf beach, …
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DUBAI (Reuters) – Saudi Arabia registered a deficit of 109.2 billion riyals ($ 29.12 billion) in the second quarter of this year as low oil prices hurt revenue, a report by the Ministry of Finance released Tuesday. FILE PHOTO: A Saudi flag flies over the Saudi Arabian consulate in Istanbul, …
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