People attend massive prayers, expressing gratitude for handling the new coronavirus and seeking blessings for the start of a “new normal” at the Besakih temple in Karangasem, Bali, Indonesia on July 5, 2020 in this photo taken by Antara Photo. Antara Photo / Nyoman Hendra Wibowo / via REUTERS KARANGASEM, …
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LISBON (Reuters) – Portugal’s tourism sector reacted with fury and disbelief at Britain’s decision to maintain a quarantine regime for travelers coming from Portugal despite having a higher number of coronavirus cases and deaths. FILE PHOTO: Portuguese Foreign Minister Augusto Santos Silva attends a press conference at the Necessidades Palace …
Read More »Great tobacco, great oil and Buffett join the Fed portfolio
WASHINGTON (Reuters) – The United States Federal Reserve bought $ 428 million in bonds from individual companies through mid-June, making investments in names known as Walmart and AT&T, as well as in major oil companies, tobacco giant Philip Morris. International Inc and a utility subsidiary of billionaire holding Warren Buffett’s …
Read More »United States consumer spending recovers; falling revenue, rising COVID-19 cases looming
WASHINGTON (Reuters) – US consumer spending rebounded in the largest amount on record in May, but earnings are unlikely to be sustainable as revenue will decline and is expected to further decrease as Millions lose their unemployment checks starting next month. The surge in spending reported by the Commerce Department …
Read More »United States consumer spending recovers; falling revenue, rising COVID-19 cases looming
WASHINGTON (Reuters) – US consumer spending rebounded in the largest amount on record in May, but earnings are unlikely to be sustainable as revenue will decline and is expected to further decrease as Millions lose their unemployment checks starting next month. The surge in spending reported by the Commerce Department …
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