Dollar steady after US inflation data misses estimates

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Dollar steady after US inflation data misses estimates

NEW YORK, June 25 (Reuters) – The U.S. dollar ended unchanged on Friday, erasing an early drop after tamer-than-expected producer price inflation, with investors continuing to evaluate whether that the Federal Reserve will act sooner to snuff out inflation if …
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Virgin Galactic can fly passengers to suborbital space, FAA says

Virgin Galactic is one step closer to becoming a fully fledged spaceline. The U.S. Federal Aviation Administration has updated Virgin Galactic’s space transportation operator license, allowing it to fly paying customers in addition to crewmembers, company …
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Fed's Rosengren says possible conditions for rate increase could be met next year

June 25 (Reuters) – It is possible the U.S. economy could reach the conditions on maximum employment and inflation that would merit an interest rate increase next year, but it will be important to watch the data, Boston Federal Reserve Bank President Eric …
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Amazon turns in record Prime Day, despite lower growth

Prime Day 2021 generated solid sales growth for Amazon but had less of an impact than the 2020 event, industry observers say. Amazon’s gross merchandise sales on Prime Day, held June 21 to 22 this year, totaled $11.19 billion worldwide, up 7.6% from …
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WestJet beefing up service from Saskatoon as COVID-19 restrictions lift

SASKATOON — WestJet is preparing to restart some routes from Saskatoon and Regina to destinations across Alberta and British Columbia that were cancelled during the COVID-19 pandemic. It’s also launching a few new flights. Advertisement …
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