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Extreme heat to test U.S. Midwest power grid this week

Extreme heat to test U.S. Midwest power grid this week

by Reuters | Jun 21, 2022 | Canada, Environment, Top News, US

(Reuters) – The power grid operator in the Central United States said on Tuesday that it started to take some steps to make sure utilities are ready to keep the lights on as consumers crank up their air conditioners during an extreme heat wave this week....
Dollar resumes slide as stock markets tentatively pick up

Dollar resumes slide as stock markets tentatively pick up

by Reuters | May 30, 2022 | Asia, Australia, Business, Canada, Economy, Europe, UK, US

By Iain Withers LONDON (Reuters) – The U.S. dollar resumed its slide on Monday as risk appetite across markets tentatively strengthened, supported by encouraging economic data and bets that the Federal Reserve will tighten policy at a slower pace. The dollar...
Movie stocks take off as ‘Top Gun’ sequel hits screens

Movie stocks take off as ‘Top Gun’ sequel hits screens

by Reuters | May 27, 2022 | Business, Canada, Economy, Entertainment and Lifestyle, US

By Noel Randewich (Reuters) – U.S. cinema stocks took off on Friday amid soaring expectations for the Memorial Day weekend debut of the sequel to the Tom Cruise blockbuster, “Top Gun”. Cinemark Holdings, AMC Entertainment Holdings and Imax Corp each...
Dollar eases as traders scale back bets on Fed tightening

Dollar eases as traders scale back bets on Fed tightening

by Reuters | May 26, 2022 | Asia, Australia, Business, Canada, Economy, Europe, UK, US

By John McCrank NEW YORK (Reuters) – The U.S. dollar edged lower on Thursday as markets considered whether the Federal Reserve might slow or even pause its tightening cycle in the second half of the year, which would weaken the allure of the safehaven currency....
Dollar slips as risk appetite returns

Dollar slips as risk appetite returns

by Reuters | May 17, 2022 | Asia, Australia, Business, Canada, Economy, Europe, UK, US

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar fell for a third straight day on Tuesday, pulling back from a two-decade high against a basket of major peers, as an uptick in investors’ appetite for riskier bets diminished the U.S. currency’s appeal....
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