U.S. client spending losing steam as fiscal stimulus ebbs

U.S. client spending losing steam as fiscal stimulus ebbs

WASHINGTON (Reuters) – U.S. consumer spending slowed in August, with a key retail sales gauge unexpectedly declining, as extended unemployment benefits were cut for millions of Americans, offering more evidence that the economic recovery from the COVID-19 recession was faltering.The report from the Commerce Department on Wednesday ramped up pressure on the White House and…

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The entire thing Store Becomes At some stage in the jam Store

The entire thing Store Becomes At some stage in the jam Store

An Amazon warehouse near Bretigny-sur-Orge, France.Photo: Philippe Lopez/AFP (Getty Images)Ready for Amazon to get even more ubiquitous in your day to day life? The e-commerce giant is planning on opening 1,000 to 1,500 small distribution hubs in suburban areas across the country, Bloomberg reported on Wednesday, in part spurred by major delays in shipping during…

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U.S. COVID-19 deaths means 180,000, conditions proceed to tumble

U.S. COVID-19 deaths means 180,000, conditions proceed to tumble

(Reuters) – Several U.S. Midwest states reported record one-day increases in the number of new coronavirus cases on Thursday as nationwide deaths from the virus topped 180,000 and officials braced for the possibility of another surge with school openings.FILE PHOTO: A firefighter tends to a non-COVID-19 patient while wearing protective equipment, against the spread of…

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Hydrogen, carbon steal key to rep-zero U.S. electricity -detect

Hydrogen, carbon steal key to rep-zero U.S. electricity -detect

WASHINGTON (Reuters) – The United States can generate affordable electricity without producing carbon dioxide emissions by 2035 by deploying hydrogen or carbon capture technology, according to a report released on Wednesday by a climate policy think tank.The climate plan of Democratic presidential candidate Joe Biden calls on the power sector to erase its greenhouse gas…

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China, HK shares rise on upbeat economic knowledge, vaccine hopes

China, HK shares rise on upbeat economic knowledge, vaccine hopes

SHANGHAI, Sept 15 (Reuters) – China and Hong Kong stocks rose on Tuesday, as upbeat Chinese economic data and coronavirus vaccine hopes fuelled investor optimism.** The CSI300 index rose 0.6% to 4,677.75 at the end of the morning session, while the Shanghai Composite Index gained 0.3% to 3,288.07.** In Hong Kong, the Hang Seng index…

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