WASHINGTON (Reuters) – US retail sales rose more than expected in June, but a resurgence in new COVID-19 cases is hurting the fledgling recovery, keeping 32 million Americans with profits from unemployment. FILE PHOTO: People line up outside the Kentucky Career Center before it opens to find help with their …
Read More »UPDATE 1: Gasoline and Food Drive US Consumer Inflation in June
(Add report details, background) WASHINGTON, Jul 14 (Reuters) – US consumer prices rose the most in nearly eight years in June when companies reopened, but the underlying trend suggested that inflation would remain silent and allow the Federal Reserve to continue. injecting money into the economy in crisis. The Labor …
Read More »Gasoline and Food Drive US Consumer Inflation in June
WASHINGTON (Reuters) – US consumer prices rose the most in nearly eight years in June when companies reopened, but the underlying trend suggested that inflation would remain silent and allow the Federal Reserve to continue to inject money into the economy. In crisis. FILE PHOTO: A merchant works inside his …
Read More »How to Read US Economic Data Without Turning
SAN FRANCISCO (Reuters) – As the United States prepares for presidential, congressional and local elections in November, the country’s economy is also on a roller coaster. FILE PHOTO: Information signs are seen at the Destiny USA shopping center during the reopening, as restrictions on coronavirus disease (COVID-19) are eased in …
Read More »The United States Treasury will name small businesses that took pandemic aid, says 51.1 million jobs backed
WASHINGTON (Reuters) – The Trump administration said on Monday it was releasing the names of hundreds of thousands of companies that took money from a high-profile $ 660 billion pandemic aid program, allowing the public to see for the first time how Most of the cash was spent and it …
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