TORONTO (Reuters) -Canadian municipalities reeling from a pandemic-driven hit to revenues are facing an added blow from surging liability insurance costs, forcing them to raise property taxes or even cut services for residents.FILE PHOTO: A row of houses under construction is seen at a subdivision near the town of Kleinburg, Ontario, Canada May 13, 2017. REUTERS/Chris HelgrenThe increase in premiums, […]

A hot June 2021 consumer price index may not be cause for alarm thanks to a dizzying, but isolated, rise in used car prices. "The headline CPI numbers have shock value, for sure; however, once you realize that a third of the increase is used car prices, the transitory picture becomes more clear," wrote Jamie Cox, managing partner at Harris […]

FILE PHOTO: Director-General of the World Trade Organization Ngozi Okonjo-Iweala speaks during a news conference remotely on the annual global WTO trade forecast at the headquarters of the World Trade Organization (WTO) in Geneva, Switzerland March 31, 2021. Salvatore Di Nolfi/Pool via ReutersGENEVA (Reuters) – The COVAX vaccine-sharing programme has struggled to meet vaccine delivery targets because some countries are […]

Slideshow ( 3 images )GOSABA, India (Reuters) – For Deepak Jena, a labourer on a remote island in the Sundarbans delta in India, getting a COVID-19 vaccine was proving to be difficult. Then a government boat arrived with vaccines. Home to more than 4.5 million people and the largest mangrove forest in the world, residents of the Bay of Bengal […]

Check out the companies making headlines before the bell: PepsiCo (PEP) – The snack and beverage giant gained 1.3% in premarket trading, after beating estimates on the top and bottom lines and raising its full-year forecast. PepsiCo earned an adjusted $1.72 per share for the quarter, 19 cents above estimates, helped by increasing North American beverage sales. JPMorgan Chase (JPM) […]

FILE PHOTO: Vials with Pfizer-BioNTech and AstraZeneca coronavirus disease (COVID-19) vaccine labels are seen in this illustration picture taken March 19, 2021. REUTERS/Dado Ruvic/Illustration/File PhotoGENEVA (Reuters) – The World Health Organization’s chief scientist on Monday advised against people mixing and matching COVID-19 vaccines from different manufacturers, calling it a “dangerous trend” since more data is needed about the health impact. […]

Before the opening bell on Wednesday, we are scheduled to get earnings results from three more big banks and one airline. Our earlier look at the bank stocks that are announcing earnings on Tuesday included a brief overview of what analysts are expecting the first big banks to report. As for the airlines, travel has picked up sharply. On each […]