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Former Fed chief Bernanke sees bad year, no quick recovery
SAN FRANCISCO (Reuters) – The U.S. economy could shrink 30% or more this quarter as stay-at-home orders aimed at slowing the coronavirus outbreak choke off business, and it could be a couple of years before the economy regains its footing, former Federal Reserve Chair Ben Bernanke said on Tuesday. “Overall, it could be a very […]
Dad thought he saved two sons from fire but only grabbed hand and leg of one
A hero dad thought he had saved both sons from caravan blaze when he grabbed two limbs from the flames – but they turned out to be the arm and leg of only one child. Brothers Zac and Harley Harvey, then three and four, were staying at their dad Shaun's caravan for a sleepover, when […]
ECB’s Lagarde says uptick in inflation ‘really minor’
DAVOS, Switzerland (Reuters) – European Central Bank President Christine Lagarde dismissed a recent uptick in euro zone inflation as “really minor”, adding that much higher readings would be needed to change the picture. “We’re seeing inflation moving a teeny, tiny little bit but this is really minor,” Lagarde said during a panel discussion at the […]