U.S. President Joe Biden walks with Italian Prime Minister Mario Draghi, France’s President Emmanuel Macron and European Commission President Ursula von der Leyen after posing for the G-7 family photo with guests at the G-7 summit, in Carbis Bay, Cornwall, Britain June 11, 2021. Patrick Semansky/Pool via REUTERSWASHINGTON (Reuters) – G7 leaders meeting in Britain […]

NEW YORK (Reuters) – Investors will be zeroing in on the Federal Reserve’s monetary policy meeting next week as a “Goldilocks” market environment that has helped lift stocks to record highs and tamed a bond selloff is tested by rising inflation.FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in […]

This year’s hurricane season began early, with a named storm forming before the official start on June 1, and it is expected to be active. If you lack flood insurance, especially if you live near the coast, this is the time to consider it. Standard homeowner insurance policies don’t cover damage from flooding, so you’ll […]

LONDON/SHANGHAI (Reuters) – Shares gained on Friday and bond yields fell from the United States to Europe as investors shrugged off rising U.S. consumer prices, even as fears of longer-term inflation lingered.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 10, 2021. REUTERS/StaffThe Euro STOXX […]

BEIJING – Evergrande Group, the second largest property developer in China, has sought to assure customers and investors that it is business as usual, following recent news reports that the company is in deep financial woes. On Monday (June 7), the group posted on its website that it had offered discounts on some of its […]

Klarna’s just-revealed $639 million round of funding brings it to a valuation to $45.6 billion, which the company said will help it grow further while also supporting a keystone sustainability program, the GiveOne initiative. GiveOne was established by Klarna earlier this year, and earmarks 1 percent of equity raised to be “directed to initiatives supporting […]

Brewdog co-founder James Watt has apologised and vowed to “listen, learn and act” after a group of ex-employees joined together to allege a culture of fear at the company. The group, calling itself Punks with Purpose, placed an open letter on Twitter in which they described the craft beer specialist’s atmosphere, since its inception in […]

New Zealand’s infrastructure industry is booming but a shortfall of around 44,000 skilled workers in the next five years could have it come to a grinding halt. Roads need replacing, leaky water pipes need upgrading, power lines need maintaining and faster broadband technology needs installing- and leaders in infrastructure training reckon girls are the ones […]

TOKYO (Reuters) – While the U.S. Federal Reserve is publicly committed to keeping interest rates near zero for some time, there are growing expectations that accelerating inflation could pressure the central bank to begin seriously debating the withdrawal of monetary stimulus.FILE PHOTO: A man wearing a protective mask walks past the headquarters of the Bank […]

A new bill being introduced on Wednesday will try to ensure that money promised to charity gets to the people who need it more quickly. The bill, from Senators Angus King of Maine and Chuck Grassley of Iowa, would try to prevent money from being marooned indefinitely in donor-advised funds, which are akin to 401(k)s […]