Ocean City police issue black ice warning as freezing temperatures persist
OCEAN CITY, Md. — The Ocean City Police Department is warning residents of the potential for dangerous black ice on roadways as temperatures stay below freezing through the night. Officials noted that…
Elon Musk restores Twitter accounts of journalists but concerns persist
By Sheila Dang (Reuters) – Elon Musk reinstated the Twitter accounts of several journalists that were suspended for a day over a controversy on publishing public data about the billionaire’s plane. The…
ADB trims growth outlook for developing Asia as headwinds persist
By Karen Lema MANILA (Reuters) – The Asian Development Bank cut its growth forecasts for developing Asia for this year and next as the region faces persistent headwinds from the Russia-Ukraine conflict,…
EXCLUSIVE: ‘I’m Sick Of This Sh*t’: Voters Fume As Pennsylvania County Problems Persist
EXCLUSIVE: ‘I’m Sick Of This Sh*t’: Voters Fume As Pennsylvania County Problems Persist Arjun Singh on November 8, 2022 Voters continue to face problems in Luzerne County, a highly-watched swing county in…
Malaysia central bank delivers fourth straight rate rise as inflation risks persist
By Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia’s central bank delivered a fourth consecutive rate hike on Thursday as it sought to contain persistent inflation amid a positive growth outlook. Bank Negara Malaysia…
Britain’s car output drops 6% as supply woes persist
(Reuters) – British car production dropped 6% in September, an industry body said on Thursday, as the sector continues to bear the brunt of high energy costs, supply-chain snags and component shortages.…
Palestinian rivals agree to hold elections but doubts persist
By Lamine Chikhi and Nidal al-Mughrabi ALGIERS/GAZA (Reuters) -Rival Palestinian factions signed an agreement in Algiers on Thursday aimed at resolving 15 years of discord by holding elections within a year after…
Iran calls on foreign visitors to respect law as protests persist
DUBAI (Reuters) -Foreign visitors to Iran should respect the Islamic Republic’s laws, its foreign ministry spokesman said on Monday, as protests continue over a woman’s death in police custody that Tehran has…
Sri Lanka cenbank to hold rates as inflation worries persist
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s central bank is likely to maintain interest rates on Thursday in an effort to get a grip on inflation which has remained stubbornly high…
Zawahiri strike gives Biden counter-terrorism strategy boost, but concerns persist
By Idrees Ali and Jonathan Landay WASHINGTON – The CIA drone strike that killed Al Qaeda leader Ayman al-Zawahiri delivered a long-sought win for U.S. President Joe Biden’s counter-terrorism strategy, officials and…
Analysts forecast U.S. vehicle shortages as supply chain woes persist
(Reuters) – Cox Automotive on Tuesday lowered its U.S. auto sales forecast for 2022, as analysts at both Cox and Carmax-owned Edmunds.com said continued supply chain disruptions will leave dealers short of…
High fuel prices to persist into 2023, Wood Mackenzie says
By Rowena Edwards and Ron Bousso LONDON – Consumers can expect fuel prices at the pump to remain high into next year due to disruptions to Russian oil supplies and as refineries…
Asia FX bears retreat slightly, China concerns persist – Reuters poll
By Harish Sridharan (Reuters) – Bearish bets on Asian currencies reduced on signs that China’s economic pain may abate with easing of COVID-19 curbs, but analysts were still wary of future lockdowns…
U.S. economic outlook weakens, inflation set to persist – Philly Fed survey
(Reuters) – The U.S. economic outlook has weakened and inflation is set to remain higher than previously expected for a while yet, a Federal Reserve Bank of Philadelphia survey of professional economic…
Cuervo parent Becle expects supply problems to persist, CEO says
(Reuters) – Mexican distiller Becle, better known as the parent company of the popular Jose Cuervo tequila brand, expects to see more supply chain problems this year, the company’s chief executive said…
Global inflation to stay stubbornly high as wrecked supply chains persist – Reuters poll
BENGALURU – The global streak of high inflation is far from over and aggressive monetary policy tightening will fall short in taming price pressures to mandated levels as broken supply chains are…
U.S. service sector regains speed in March; high input prices persist – ISM survey
WASHINGTON – U.S. services industry activity picked up in March, boosted by the rolling back of pandemic restrictions, but businesses continued to face higher costs as supply strains persisted. The Institute for…
Asia FX bears remain firm as risks from geopolitics, inflation persist – Reuters poll
By Harshita Swaminathan – Investors stayed bearish on most emerging Asian currencies and turned short on Thailand’s baht for the first time in three months, as uncertainty from Russia’s invasion of Ukraine…
U.S. companies grapple with surging costs as supply chain problems persist
By Timothy Aeppel – Dave Petratis boosted wages for his U.S. factory workforce in December – six months ahead of schedule for normal annual increases. It wasn’t enough. The CEO of Allegion…
Latam inflation anchored but risks persist -IMF
NEW YORK – Inflation rose the most in 15 years in some of Latin America’s largest economies last year, but credible monetary policies have kept long-term price increase expectations anchored, the International…
Just-in-time gives way to “buy everything you can” as U.S. supply disruptions persist
By Timothy Aeppel – Stephen Bullock eight months ago gave up on the idea of buying raw materials and parts only shortly before they were needed on his assembly line. Instead, he…
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