Fed’s Daly sees sharp rebound, then slower slog back to pre-pandemic economy

© Reuters. FILE PHOTO: Mary Daly, President of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic outlook, in Idaho Falls (Reuters) – San Francisco Federal Reserve President Mary Daly on Friday said she expects a “sharp rebound” in economic activity once more people are vaccinated against COVID-19, […]

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U.S. coffee shops will only return to pre-pandemic sales in 2023 – report

© Reuters. LONDON (Reuters) – U.S. branded coffee shops will only return to pre-pandemic sales levels next year after the COVID-19 pandemic wiped out nearly a quarter of their turnover last year, according to Allegra World Coffee Portal, a research and consultancy firm. The firm estimates sales at U.S. branded coffee shops, which include household […]

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Evictions nearly back to pre-pandemic levels in some U.S. areas: Cleveland Fed study

© Reuters. Makeshift sheets displaying messages of protest contesting the ability to pay for rent hang in the window of an apartment building in the Columbia Heights neighborhood in Washington (Reuters) – Landlords in some areas of the United States are filing to evict rent-delinquent tenants at roughly the same rate they were before the […]

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Shell CEO Says LNG Market Will Recover to Pre-Pandemic Levels

© Bloomberg. Gas pipes run through a plant at the Queensland Curtis Liquefied Natural Gas (QCLNG) project site, operated by QGC Pty, a unit of Royal Dutch Shell Plc, in Gladstone, Australia, on Wednesday, June 15, 2016. Gas from more than 2,500 wells travels hundreds of miles by pipeline to the project, where it’s chilled […]

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