CHICAGO/NEW YORK (Reuters) – A Federal Reserve policymaker on Monday said that a rate cut may be needed “soon,” the strongest signal yet that the central bank may change course as trade tensions threaten the U.S. economy. FILE PHOTO: St. Louis …
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President Trump’s escalation of trade tensions and a dimming outlook for the global economy are taking their toll on the U.S. manufacturing sector. The Institute for Supply Management’s monthly manufacturing index fell to its lowest level last month since …
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Forever 21 is exploring restructuring options to shore up its liquidity as the fast-fashion giant struggles with its business, a person familiar with the situation said on Monday. The company is in talks with private equity firm Apollo Global Management about …
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Beyond Meat and Impossible Foods are about to have some major competition. Nestle’s Sweet Earth is prepping the Awesome Burger, another take on plant-based hamburgers. The veggie mix (which includes yellow peas and wheat) should have largely …
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A Ryanair passenger claims he was left severely burned on a flight after a crew member spilled boiling hot water on him. Thomas McNab, 49, boarded the Scotland-bound flight in Fara, Portugal, last month with his partner Tonina Ciantar, when he says the …
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