Author Archives: Syndicated Content
Fed’s Harker: soft landing possible, not forecasting recession
(Reuters) - Philadelphia Federal Reserve Bank President Patrick Harker on Wednesday said he believes the central bank can bring inflation down without sending the economy into a recession, in part bec...
May 18, 2022
Golf-Molinari ‘more settled’ heading into PGA Championship
(Reuters) - Former British Open champion Francesco Molinari understands the ebbs and flows of the game as well as anyone and the Italian said on Wednesday ahead of this week's PGA Championship that he...
May 18, 2022
Cisco cuts results forecast on China lockdowns, Ukraine crisis; shares plunge
(Reuters) -Cisco Systems Inc cut its full-year forecast for both adjusted profit and revenue on Wednesday as COVID lockdowns in China and the war in Ukraine hurt its business in the third quarter. The...
May 18, 2022
U.S. health secretary tests positive for COVID on trip to Berlin
WASHINGTON (Reuters) - U.S. Health and Human Services Secretary Xavier Becerra tested positive for COVID-19 on Wednesday while on a trip to Berlin ahead of G7 meetings of health ministers, a spokesper...
May 18, 2022
Fed’s Harker sees 50 bps rate hikes in June, July, then ‘measured’ hikes
(Reuters) - Philadelphia Federal Reserve Bank President Patrick Harker on Wednesday said he expects the U.S. central bank to deliver two more half-point rate hikes before switching to quarter-point in...
May 18, 2022
Tesla’s Musk says he ‘can no longer support’ Democrats, ‘will vote Republican’
SAN FRANCISCO (Reuters) -Tesla Inc CEO Elon Musk said on Wednesday that while he voted for Democrats in the past, he will now vote for Republicans. "In the past I voted Democrat, because they were (mo...
May 18, 2022
Michigan jobless rate declines during April
LANSING, MI (WKZO AM/FM) — Michigan's seasonally adjusted unemployment rate receded by one-tenth of a percentage point between March and April to 4.3 percent. This figure is according to data re...
May 18, 2022
U.N. chief hopeful about talks on Ukraine, Russia grain and fertilizer exports
UNITED NATIONS (Reuters) - U.N. Secretary-General Antonio Guterres said on Wednesday that he is in "intense contact" with Russia, Ukraine, Turkey, the United States and the European Union to try and r...
May 18, 2022
Rogers introduces bill to address forgiveness days for schools and staffing shortages caused by COVID-19
LANSING, MI (WKZO AM/FM) — State Representative Julie M. Rogers (D-Kalamazoo) introduced House Bill 6100 on Tuesday, May 17, to address forgiveness days for schools and staffing shortages caused...
May 18, 2022
Yellen confirms she is pressing Biden for some China tariff reductions
By David Lawder BONN, Germany (Reuters) - U.S. Treasury Secretary Janet Yellen on Wednesday confirmed she is advocating within the Biden administration for eliminating some tariffs on Chinese imports ...
May 18, 2022
