Fed Now Facing Twin Inflation, Growth Risks As Virus Jumps And Supply Chains Falter
Economy
Japan Continues To Struggle To Build Its Way Form Under Pandemic
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U.S. Retail Sales Unexpectedly Rebound In Boost To Economic Growth
"U.S. retail sales unexpectedly increased in June as demand for goods remained strong even as spending is shifting back to services. -
China's Economic Recovery Loses Some Steam, Investors Eye More Policy Easing
"China's economy grew slightly more slowly than expected in the second quarter, weighed down by higher raw material costs and new COVID-19 outbreaks, as expectations build that policymakers may have to do more to support the recovery.
The Latest
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Amazon Actively Lobbying For Pro-Marijuana Laws
Amazon said it is actively lobbying for legislative reforms aimed at decriminalizing marijuana and eliminating pre-employment testing for the drug. 
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IMF chief in spotlight after China rigging report
The International Monetary Fund's ethics committee and board need to look into a report alleging its chief Kristalina Georgieva pressured staff to boost China's ranking in a flagship report while at the World Bank, a French finance ministry source said on Friday. 
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Online Purchases Boost U.S. Retail Sales; Labor Market Recovering
U.S. retail sales unexpectedly increased in August as a surge in online and furniture store purchases offset a continued decline at auto dealerships, which could temper expectations for a sharp slowdown in economic growth in the third quarter. 
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Analysis: ECB Sees A New Inflation 'Hump' As Prices Surge
A spike in euro zone inflation to above the European Central Bank's target is a temporary "hump", the ECB says - dusting off a metaphor used a decade ago by its then-president Jean-Claude Trichet. 
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Hurricane Ida, Supply Constraints Slow U.S. Factory Production
Production at U.S. factories slowed more than expected in August amid disruptions from Hurricane Ida and lingering shortages of raw materials and labor as the COVID-19 pandemic drags on. 
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Canada Adds 90,200 Jobs In August, Unemployment Falls To 7.1%
Canada added 90,200 jobs in August, slightly below expectations, while the unemployment rate dropped to 7.1%, its lowest point since the onset of the coronavirus pandemic, Statistics Canada data showed on Friday. 
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Exclusive - U.S. DOJ Looking Into Conduct Of Allianz Fund Managers
The U.S. Department of Justice (DOJ) investigation into German insurer Allianz is looking at possible misconduct by fund managers and misrepresentation of risk to investors, three people with knowledge of the matter told Reuters. 
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EasyJet Bid Kicks Off Scramble For Budget Airline Supremacy
Europe's no-frills airlines are heralding a once-in-a-lifetime opportunity to grab market share from traditional carriers struggling to emerge from the pandemic, but each will have to overcome significant challenges to come out on top. 
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Aerospace Firms Warn Of Snags Over U.S. Engine Rule Delays
Aerospace companies are urging the United States to speed up a review of rule changes for airplane engines, warning delays in implementing planned global emissions standards could trigger industrial delays. 
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U.S. Producer Prices Increase Solidly In August
U.S. producer prices increased solidly in August, indicating that high inflation is likely to persist for a while, with supply chains remaining tight as the COVID-19 pandemic drags on. 
