Some of Monday’s top business news stories:
The Associated Press
Yellen downplays US recession risk as economic reports loom, by Christopher Rugaber
CNN
Rise in gasoline prices threatens social stability and food security in Latin America, by Stefano Pozzebon
Blistering heat threatens a European economy that teeters on the brink, by Julia Horowitz
The Wall Street Journal
Toronto Airport Is World’s Worst For Delays Amid Current Travel Chaos, by Jacquie McNish
Covid-19 Lab Companies Retrench as Rapid Tests Take Over, by Brianna Abbott
CNBC
Stock futures gain ahead of a busy week of earnings, Fed meeting, by Sarah Min
Bye bye, San Francisco: The top 7 U.S. cities homebuyers are seeking to leave, by Cheyenne DeVon
Reuters
China plans real estate fund worth up to $44 billion for distressed sector, source says
U.S. interest rates peak seen in six months – futures
News about business journalism:
Cheddar’s Pratz departs for NPR
Vega switches to pop culture and entertainment at CNBC
Senior reporter Tracy departing Gizmodo
Fast Company hires Bursztynsky as a tech reporter
Vanity Fair hires Jarvey to cover Hollywood
How the business media has failed workers and consumers
Reuters hires Queen to cover sports and media litigation
Law360 hires Lucero to cover federal tax