WASHINGTON (Reuters) – U.S. consumer prices increased more than expected in July, with a measure of underlying inflation rising by the most in 29-1/2 years as the costs of goods and services climbed. FILE PHOTO: Shoppers are seen wearing masks …
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(Reuters) – The slowdown in economic activity is likely to continue as states put more restrictions in place to control the virus, and the momentum to return to full employment could fade as consumers remain cautious, Boston Federal Reserve President Eric …
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Investors sold U.S. Treasury bonds in anticipation of a wave of new government debt becoming available this week, sending long-term yields on Wednesday to their highest level in over a month. The yield on benchmark 10-year government bonds rose for a …
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(Reuters) – Shares of Moderna Inc (MRNA.O) rose more than 5% on Wednesday after analysts said a $1.5 billion coronavirus vaccine supply agreement with the U.S. government could lead to similar deals with other countries. FILE PHOTO: A sign marks the …
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The FTSE 100 surged on Wednesday and the pound held steady as the U.K. economy suffered its worst ever fall in the second quarter. U.K. gross domestic product plunged 20.4% in the three months from April to June — the worst performance of any major …
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