WASHINGTON (AFP) – The United States saw its biggest surge in inflation in more than a decade last month, according to government data released on Tuesday (July 13), hitting consumers and challenging the White House and Federal Reserve narrative that the price spike will fade in the coming months. As widespread Covid-19 vaccinations allowed the […]
By Allison Lampert MONTREAL (Reuters) – New York City Transit expects subway cars recently built by Bombardier Inc <BBDb.TO> to return to service this week, after an estimated 300 cars were yanked earlier in the month due to safety concerns, agency President Andy Byford said on Tuesday. “The good news is, subject to confirmation, we […]
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The safe-haven yen and Swiss franc faltered for a second straight session against the U.S. dollar on Tuesday, with risk appetite growing as investors were encouraged about the Chinese government’s measures to contain the coronavirus and limit its economic fallout. The yen posted its steepest daily fall versus […]
