Jun 20, 2023
Supply chain hangover still feeding inflation -SF Fed paper

By Ann Saphir SAN FRANCISCO (Reuters) -Pandemic-related snarls in global supply chains have mostly receded, but their after-effects still account for a big chunk of excess U.S. inflation, an analysis published Tuesday by the San Francisco Federal Reserve Bank showed.…

Jun 14, 2023
US producer inflation subsides as energy, food prices drop

By Lucia Mutikani WASHINGTON (Reuters) - U.S. producer prices fell more than expected in May as the costs of energy goods and food declined, signaling that inflation pressures were abating throughout the economy and could eventually provide relief to consumers.…

Jun 12, 2023
Billionaire George Soros hands control of empire to son Alex

(Reuters) -Billionaire financier George Soros is handing control of his massive empire to his son Alexander, a Soros spokesperson said on Sunday. The spokesperson confirmed the details from an interview with Soros published in The Wall Street Journal on Sunday.…

Jun 09, 2023
U.S. House proposal would prohibit family seating fees

By David Shepardson WASHINGTON (Reuters) -A U.S. House committee will take up a aviation bill next week that would bar airlines from charging family seating fees but would not set minimum seat size requirements or impose new rules to compensate…