Gas prices are seen after U.S. consumer prices surged in April, with a measure of underlying inflation blowing past the Federal Reserve’s 2% target, in Beverly Hills, California, June 2, 2021. Lucy Nicholson | Reuters Inflation expectations are still being driven by a “temporary spate of supply issues” and there is no sign of continued […]
This is an audio transcript of the FT News Briefing podcast episode: Inflation, inflation, inflation Marc FilippinoGood morning from the Financial Times. Today is Wednesday, September 29th. And this is your FT News Briefing. [MUSIC PLAYING] Inflation is the word of the day here at the briefing. Inflation fears led to the biggest sell-off in […]
Biddeford, MAINE – Joined by local leaders, Governor Mills today visited Biddeford where she applauded the City and its people for their ongoing economic revitalization work. As part of her visit, Governor Mills toured the former Lincoln Mill, the site of a mixed-use redevelopment that will feature new loft rentals, a hotel, a restaurant, a […]
U.S. President Joe Biden meets virtually with governors, mayors, and other state and local elected officials to discuss the bipartisan Infrastructure Investment and Jobs Act, in the South Court Auditorium at the White House in Washington, August 11, 2021. Evelyn Hockstein | Reuters President Joe Biden will meet with key Democratic Sens. Joe Manchin and […]
By Peter Nurse Investing.com – The dollar edged higher in early European trade Tuesday, boosted by rising U.S. Treasury yields as traders position for the Federal Reserve tapering its bond-buying program this year after last week’s policy-setting meeting. At 2:55 AM ET (0755 GMT), the Dollar Index, which tracks the greenback against a basket of […]
WASHINGTON, Sept 27 (Reuters) – A sharply divided U.S. Senate failed on Monday to advance a measure to suspend the federal debt ceiling and avoid a partial government shutdown, as Republican lawmakers denied the bill the votes necessary to move forward. The legislation by President Joe Biden’s Democrats was aimed at beating two fast-approaching deadlines […]
Here’s what you need to know: ImagePresident Biden received a booster shot of the Pfizer-BioNTech coronavirus vaccine on Monday.Credit…Doug Mills/The New York Times President Biden may have gotten ahead of the government’s scientists in announcing prematurely that virtually all Americans would begin getting coronavirus booster shots this fall, but he made a show of getting […]
KABUL—The U.S. spent $145 billion over two decades in Afghanistan to turn one of the poorest nations on earth into a self-sustaining economy—the boldest effort this century at Western nation-building. That project has largely failed. Afghanistan’s economy did grow, and millions of Afghans gained access to education, healthcare and jobs. But the economy that the […]
Washington — House Speaker Nancy Pelosi announced a new date for the vote on the bipartisan infrastructure bill, after committing to moderate Democrats in August that the vote would take place by Monday, September 27. On Sunday, in a “Dear Colleague” letter, the speaker told Democratic lawmakers the House would begin debate on the bill on […]
LAKE CITY, S.C. – The Dollar General Literacy Foundation recently awarded Florence School District 3 a $2,000 grant to support initiatives to get students to read. The money is part of more than $3 million in grants awarded this fall to nearly 760 nonprofit organizations, libraries and schools across the 46 states that Dollar General […]
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