WASHINGTON (Reuters) – US consumer spending rose for the second month in a row in June, setting consumption for a third-quarter rebound, though the recovery could be limited by a resurgence in COVID-19 cases and the end of expanded unemployment benefits. Concerns about skyrocketing coronavirus infections and expiring unemployment benefits …
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NEW YORK, July 29 (Reuters) – Asian stocks were due to follow an optimistic Wall Street session on Thursday after the Federal Reserve kept interest rates at very low levels, while the US dollar fell to a low of two years. The Fed on Wednesday repeated a promise to use …
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(Reuters) – The rise in coronavirus cases in the United States is beginning to weigh on economic activity, the head of the Federal Reserve said on Wednesday, vowing that the United States central bank “will do what we can, and for as long as necessary. ” “To limit damage and …
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NEW YORK (Reuters) – More than $ 21.5 billion in past-due rent looms over Americans struggling to make ends meet, global advisory firm Stout, Risius and Ross estimated Wednesday as Republicans and Democrats scramble for a new aid package COVID-19. FILE PHOTO: Sandra Cruz, who lost her job due to …
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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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