WASHINGTON (Reuters) – Fed vice chair for supervision Randal Quarles said Tuesday a recent jump in inflation will prove transitory, even as the Fed’s preferred measure for the pace of price increases jumped in April to 3.1%, well above the Fed’s 2% target.
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Globally, the economic outlook has improved, thanks to the ramp-up in vaccinations. On Tuesday, the Organization for Economic Cooperation and Development upgraded its forecasts for growth in world gross domestic product to 5.8% …
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Former NFL star receiver Chad Johnson – perhaps better known as Ochocinco – is leaving Houston on Tuesday night after spending a week in town training with boxer Jermall Charlo. Judging from his Twitter timeline, Johnson got in plenty of work in …
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JBS’s beef plant in Canada, one of the nation’s largest, was shut down on Monday following the May 30 attack. The company’s slaughter operations in Australia had been halted, a trade group said. A number of plants in the U.S. have been shut and shifts …
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Dive Brief: Amgen agreed to pay Japanese drugmaker Kyowa Kirin as much as $1.25 billion to gain access to an experimental eczema drug the companies claim has the potential to treat a range of autoimmune diseases …
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