Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed’s Harker says central bank won’t let inflation run out of control
(Reuters) - The Federal Reserve is going to keep interest rates "low for long" as it supports the healing labor market and works to kindle higher inflation, but it will not let inflation get out of co...
Jan 13, 2021
U.S. Chamber expects high-level Chinese visit early in Biden administration
WASHINGTON (Reuters) - The U.S. Chamber of Commerce sees "every indication" that a high-ranking delegation of Chinese officials will visit Washington early in the administration of President-elect Joe...
Jan 13, 2021
Fed sees modest growth but says optimism tempered by virus resurgence
(Reuters) - U.S. economic activity increased modestly in recent weeks and a growing number of Federal Reserve districts saw a drop in employment as a surge in coronavirus infections led to more shutdo...
Jan 13, 2021
Emirates president says Boeing 777x entry to service may slip to 2023 ‘or even longer’
By Alexander Cornwell DUBAI (Reuters) - Emirates Airline President Tim Clark on Wednesday said Boeing Co's 777X might not enter into service with airlines until 2023 or even later, amid uncertainty ov...
Jan 13, 2021
Trump administration shelves plans for investment ban on Alibaba, Tencent, Baidu-sources
By Alexandra Alper and Humeyra Pamuk WASHINGTON (Reuters) - The Trump administration has scrapped plans to blacklist Chinese tech giants Alibaba, Tencent and Baidu, four people familiar with the matte...
Jan 13, 2021
U.S. December deficit hits $144 billion, record for the month
By David Lawder WASHINGTON (Reuters) - The U.S. government posted a December budget deficit of $144 billion - a record for the month - due to far higher outlays with coronavirus relief spending and un...
Jan 13, 2021
Japan’s households, firms keep piling up cash at record pace as pandemic persists
By Leika Kihara TOKYO (Reuters) - Japan's currency in circulation and bank deposits rose at a record pace in December, data showed on Wednesday, as a resurgence in coronavirus infections prompted comp...
Jan 13, 2021
Biden to press for immediate economic ‘rescue’ package, economic adviser
(Reuters) - President-elect Joe Biden intends to press Congress for immediate action on additional pandemic relief efforts when he takes office next week, including more direct payments to households,...
Jan 13, 2021
Scottish fishermen threaten to dump rotten shellfish outside British parliament
By Kate Holton LONDON (Reuters) - Scottish fishermen have threatened to dump rotten shellfish outside the British parliament after their deliveries to the European Union were blocked by post-Brexit re...
Jan 13, 2021
U.S. to ban imports of all cotton, tomato products from China’s Xinjiang region
WASHINGTON (Reuters) - The United States is imposing a region-wide ban on all cotton and tomato products from China's western Xinjiang region over allegations that they are made with forced labor from...
Jan 13, 2021
