The cost of consumer goods and services rose in June for the first time in four months largely because of higher gasoline prices, but inflation more broadly remained low and is likely to stay that way during the pandemic. The consumer price index jumped 0.6% last month.
Royal Collection Trust, a department of the Royal Household, launched a premium small-batch London dry gin for sale in its shops on Monday, infused with bay and mulberry leaves found in her back garden.
Stocks rally sharply Monday as investors cheer news that the U.S. Food and Drug Administration granted “fast track” status to a pair of vaccine candidates produced by Pfizer Inc. and German biotech firm BioNTech SE. The upbeat mood on Wall Street comes even as investors prepare for a tough earnings season.
New York Fed President John Williams emphasizes that officials will follow through with plans to discontinue a embattled benchmark for rates in financial markets at the start of 2022, despite all of the focus by financial firms on the coronavirus pandemic.
The child actor-turned-entrepreneur-turned politician faces steep odds in launching a virtual presidential campaign with the general election only four months away, and with no clear-cut platform or wide presence on state ballots.
The number of confirmed cases of the coronavirus illness COVID-19 worldwide edged closer to 13 million on Monday, a day after the World Health Organization reported another one-day case record above 230,000, and Florida set a U.S. record that trounced the previous one set by California last week.