The Fed wants to cool spending; a strike, a shutdown and student loans may add ice

By Howard Schneider WASHINGTON (Reuters) – U.S. Federal Reserve officials, who have tentatively embraced the possibility they can squelch inflation without a recession, meet this week with an autoworkers strike, a possible federal government shutdown, and a student loan squeeze on consumers posing new risks to that best-case outcome. The United Auto Workers launched a…

Read More

Gold Prices Surge Amid Attention on Fed Meeting & Government Shutdown

Gold Prices Climb as Markets Anticipate Steady Fed Rates and U.S. Government Shutdown Fears On Monday, gold prices experienced an uptick, driven by market expectations that the Federal Reserve will maintain current interest rates during its upcoming meeting. Simultaneously, growing concerns regarding a potential U.S. government shutdown have amplified safe-haven demand for the precious metal….

Read More

Startups with electric vans race to fill demand for zero-emissions delivery

By Nick Carey and Lisa Baertlein LONDON/LOS ANGELES (Reuters) – A clutch of European and U.S. delivery company startups is racing to serve the growing market for offering zero-emission, electric last-mile deliveries in cities to retailers and consumers before giant shippers do the same. The likes of Germany’s Liefergrun, the UK’s Zedify and Packfleet, and…

Read More