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August 18, 2022

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Cisco expects revenue growth as supply chain pressures ease

Reuters
The logo of U.S. networks giant Cisco Systems is seen in front of their headquarters in Issy-les-Moulineaux, near Paris, France August 6, 2022. REUTES/Sarah Meyssonnier/ Register now for FREE unlimited access to Reuters.com Register Aug 17 (Reuters) – Cisco Systems Inc (CSCO.O) gave a positive forecast for first-quarter sales as......

Oil prices on track for weekly gain as recession fears ease

Reuters
A pump is seen at a gas station in Manhattan, New York City, U.S., August 11, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register MELBOURNE, Aug 12 (Reuters) – Oil prices dipped in early trade on Friday amid uncertainty on the demand outlook based on contrasting......

Consumer prices rose 8.5% in July, less than expected as inflation pressures ease a bit

CNBC
CNBC – For more and to sign up click here The consumer price index, a measure of inflation, was expected to rise 8.7% in July from a year ago, according to Dow Jones estimates. Core inflation excluding food and energy was forecast to increase 6.1%. This is breaking news. Please......

CDC expected to ease school COVID-19 recommendations

CBS News
CBS News – For more and to sign up click here CDC expected to ease school COVID-19 recommendations – CBS News Watch CBS News Federal health officials are preparing to unveil some new thinking on COVID-19 and specifically how schools across the country should respond to potential student infections. The......

Ukraine Live Updates: First Ship With Grain Leaves Odesa Under Deal to Ease Food Crisis

New York Times
New York Times – For more and to sign up click here Grain bins storing corn, wheat, sunflower and soybeans in Boryspil, Ukraine, in May. Credit…Nicole Tung for The New York Times BRUSSELS — There are many moving parts to the grain deal Russia and Ukraine reached, which officials didn’t......

From avocados to coffee, some food costs are starting to ease but prices are still high

CNBC
CNBC – For more and to sign up click here As soaring food prices continue to wreak havoc globally, consumers are finding some reprieve in cooking oil, coffee and avocado. Prices of those food items are starting to drop though they still remain relatively high, the latest food price data......

Biden tries to ease worries over US commitment to the Middle East in meetings with key leaders

CNN
USA TODAY – For more and to sign up click here The President said American leadership in the Middle East would focus on using diplomacy to strengthen alliances and build coalitions, and that the US’ objectives would remain “focused, realistic and achievable.” His speech comes nearly one year after the......

U.S. consumers’ inflation expectations ease in July – U. Mich

Reuters
A woman carries Nike shopping bags at the Citadel Outlet mall, as the global outbreak of the coronavirus disease (COVID-19) continues, in Commerce, California, U.S., December 3, 2020. REUTERS/Lucy Nicholson Register now for FREE unlimited access to Reuters.com Register July 15 (Reuters) – U.S. consumers tempered their inflation expectations in......

U.S. flight disruptions finally ease as the holiday weekend winds down

CNBC
CNBC – For more and to sign up click here Lighted tunnel in the United Airlines terminal, O’Hare International Airport, Chicago Illinois. Andrew Woodley | Universal Images Group via Getty Images U.S. airline delays eased on Monday as weather improved, bringing welcome news for travelers and airlines as the July......

Iran ready to offer a political solution to ease Syria-Turkey tension, foreign minister says

Reuters
BEIRUT, July 2 (Reuters) – Iran is working towards a political solution to keep Turkey from invading northern Syria, Foreign Minister Hossein Amirabdollahian said on Saturday during a visit to Damascus. “We announced our readiness to offer a political solution and our readiness to help in this regard,” he told......

Flight cancellations aim to ease summer chaos

BBC
https://www.bbc.co.uk/news/uk-62021354?at_medium=RSS&at_campaign=KARANGA The airline, whose services from Heathrow are likely bear the brunt of this week’s cancellations, said the measures would make it “easier to consolidate some of our quieter daily flights to multi-frequency destinations well in advance, and to protect more of our holiday flights”. BBC – For more and......

Biden calls on Congress to ease Senate rules to codify Roe v. Wade

CNBC
CNBC – For more and to sign up click here A person holds a sign reading “Codify Roe v. Wade” as abortion rights activists protest after the overturning of Roe Vs. Wade by the US Supreme Court, in Downtown Los Angeles, on June 24, 2022. Frederic J. Brown | AFP......

Stocks mostly slip, yields ease in wake of Powell inflation comments

Reuters
S&P 500 down slightly early Powell: clock is ‘running’ for Fed on lowering inflation U.S. dollar higher NEW YORK, June 29 (Reuters) – Stocks on global indexes mostly edged lower and Treasury yields eased on Wednesday as investors weighed comments by Federal Reserve Chairman Jerome Powell, who said there is......

Consumer sentiment survey followed by the Fed shows inflation expectations ease slightly

CNBC
CNBC – For more and to sign up click here A shopper inside a women’s clothing store in the East Village neighborhood of Des Moines, Iowa, on Saturday, Feb. 5, 2022. Kathryn Gamble | Bloomberg | Getty Images A widely followed consumer sentiment survey released Friday showed inflation expectations have......

Column: China’s lockdowns and heavy rains ease coal shortage: Kemp

Reuters
A resident and a child look out through gaps in the barriers at a closed residential area during lockdown, amid the coronavirus disease (COVID-19) pandemic, in Shanghai, China, May 10, 2022. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register LONDON, June 21 (Reuters) – China’s electricity generation......

Biden Weighs Tariff Rollback to Ease Inflation, Even a Little Bit

New York Times
WASHINGTON — President Biden is weighing whether to roll back some of the tariffs that former President Donald J. Trump imposed on Chinese goods, in hopes of mitigating the most rapid price gains in 40 years, according to senior administration officials. Business groups and some outside economists have been pressuring......

Republican donors to GOP leaders: Bipartisan immigration reform would ease inflation

Politico
Politico.com – For more and to sign up click here Congress remains unlikely and unable to reach any kind of immigration deal that would garner enough Republican support to pass the Senate. Last year, the Senate parliamentarian rejected multiple attempts from Democrats to include immigration reform in their party-line social......

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