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 »Democrats see growing donations as they seek the majority of the U.S. Senate.
WASHINGTON (Reuters) – Campaign donations are flooding the coffers of Democrats running for the United States Senate, but some Republican incumbents seeking to protect their majority in the Senate have a powerful cash advantage over their contenders to As the electoral battle enters its final months. FILE PHOTO: Then 2020 …
Read More »Bank of America benefits more than half as bad loan threat looms
(Reuters) – Bank of America Corp saw its earnings more than half in the second quarter as it set aside $ 5 billion against future credit losses in what its top boss called the “most tumultuous period since the Great Depression.” FILE PHOTO: A Bank of America building is seen …
Read More »Egypt, Sudan and Ethiopia stuck on the Nile dam in new talks
ADDIS ABABA / CAIRO (Reuters) – Egypt, Ethiopia and Sudan have failed to reach agreement in a new round of talks organized by the African Union to regulate the flow of water from the giant Blue Nile hydroelectric dam built by Addis Ababa , the three countries said. A satellite …
Read More »Global stocks pull back as coronavirus rises, tensions between China and the United States rise
LONDON / SINGAPORE (Reuters) – Global stocks fell on Tuesday, oil sank and a security offer supported the dollar as tensions between China and the United States and new coronavirus restrictions in California kept a check on optimism in investors with the earnings season underway. FILE PHOTO: A street cleaning …
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