By Howard Schneider
FAIRFAX, Virginia (Reuters) - There is "considerable" uncertainty about where U.S. inflation will head in coming months, San Francisco Federal Reserve President Mary Daly said on Thursday, while adding she still has faith that price pressures are continuing to ease.
"What the last three months of data have done is widen the confidence bands back out. There's considerable ... uncertainty about what the next few months... (continue reading...)
By David Shepardson
WASHINGTON (Reuters) - The National Transportation Safety Board will hold a June 6 hearing to determine the probable cause of a February 2023 near- miss incident involving a FedEx cargo plane and a Southwest Airlines jet in Austin, Texas.
The two planes nearly collided when the FedEx Boeing 767 was forced to fly over the Southwest jet to avoid a crash in poor visibility conditions. It was one of at least half a dozen... (continue reading...)
By Marco Aquino
LIMA (Reuters) - Peru's poverty rate rose again last year, official data showed on Thursday, as South America's fourth biggest nation struggles to emerge from a painful recession amid ongoing political turbulence blamed in part for denting the economy.
Some 29% of the population is now classified as impoverished and disproportionately represented in rural villages and towns, according to the Andean country's statistics... (continue reading...)
(Reuters) - The United States Postal Service on Thursday reported a net loss of $1.5 billion for the second quarter ended March 31, compared to a net loss of $2.5 billion a year ago.
(Reporting by Ananta agarwal; Editing by Pooja Desai)
By Patricia Zengerle
WASHINGTON (Reuters) - Billions of dollars worth of U.S. weaponry remains in the pipeline for Israel, despite the delay of one shipment of bombs and a review of others by President Joe Biden's administration, concerned their use in an assault could wreak more devastation on Palestinian civilians.
A senior U.S. official said this week that the administration had reviewed the delivery of weapons that Israel might use... (continue reading...)
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