Category Archives: (Sandbox) National News
U.S. House Democrat says agreement coming on semiconductor bill
WASHINGTON (Reuters) - U.S. House Democratic Caucus chair Hakeem Jeffries said on Wednesday "significant progress" had been made on a proposed bill to boost production of semiconductor chips and he be...
Jul 13, 2022
Biden: June inflation figures “unacceptably high” but out-of-date
WASHINGTON (Reuters) - U.S. President Joe Biden said June inflation figures were "unacceptably high" but also said they were out of date given the recent drop in gasoline prices. "Energy alone compris...
Jul 13, 2022
Fed seen jacking interest rates further as U.S. inflation soars
By Lindsay Dunsmuir and Ann Saphir (Reuters) - Traders boosted bets on Wednesday the Federal Reserve could deliver an even bigger interest-rate hike at its policy meeting later this month after the la...
Jul 13, 2022
Most U.S. small businesses worry recession is coming – Goldman survey
By David Lawder WASHINGTON (Reuters) - Some 93% of small business owners are worried that the United States will enter a recession in the next six months, a survey released by Goldman Sachs showed on ...
Jul 13, 2022
Explainer-What is the BA.5 variant and why does it seem to be reinfecting so many people with COVID-19?
By Jennifer Rigby and Julie Steenhuysen LONDON (Reuters) - BA.5, part of the Omicron family, is the latest coronavirus variant to cause widespread waves of infection globally. According to the World H...
Jul 13, 2022
Fed nominee Barr expected to get final Senate nod on Wednesday
WASHINGTON (Reuters) - The U.S. Senate on Wednesday is expected to confirm Michael Barr to the Federal Reserve Board and as the central bank's top banking regulator, a role in which he is set to bolst...
Jul 13, 2022
Gasoline, food drive U.S. consumer prices higher in June
WASHINGTON (Reuters) - U.S. consumer prices accelerated in June as gasoline and food costs remained elevated, resulting in the largest annual increase in inflation in 40-1/2 years and cementing the ca...
Jul 13, 2022
No change in U.S. policy on Palestinian consulate in Jerusalem, spokesman says
JERUSALEM (Reuters) - The White House spokesperson John Kirby said National Security Adviser Jake Sullivan misspoke on Wednesday when he told reporters that the United States wished for a Palestinian ...
Jul 13, 2022
Ahead of Saudi visit, White House signals COVID requires Biden to avoid handshakes
By Steve Holland and Jarrett Renshaw ON BOARD AIR FORCE ONE (Reuters) - U.S. President Joe Biden will seek to reduce direct contact, such as shaking hands, during his visit to Israel and Saudi Arabia ...
Jul 13, 2022
Texas power use breaks record in heat wave again with no blackouts
(Reuters) - Power demand in Texas hit another all-time high on Tuesday as consumers crank up their air conditioners to escape a lingering heat wave after homes and businesses conserved energy earlier ...
Jul 13, 2022
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