House Democrats contend the $15 per hour minimum wage bill will lift workers who have not seen the benefits of a strong economy.Politicsread more
Analysts think Microsoft's Azure cloud growth slowed in the fiscal fourth quarter. But Windows revenue could benefit from better-than-expected PC sales.Technologyread more
Trump said the USS Boxer fired on and destroyed Iran's drone in the Strait of Hormuz on Thursday in a "defensive action."Politicsread more
Stocks erased earlier losses, but the rise was kept in check as Wall Street digested a mixed batch of corporate earnings results.US Marketsread more
The Philadelphia Fed saw its primary gauge measuring the sector jump from 0.3 in June to 21.8, far better than Wall Street estimates of 5 and the highest in a year.Economyread more
"It's better to take preventative measures than to wait for disaster to unfold," Williams told the annual meeting of the Central Bank Research Association.The Fedread more
The fact that interest rates are relatively low makes the idea of a so-called insurance rate cut later this month an attractive option for the Fed.Market Insiderread more
Video of the event does not show the president disagreeing with his supporters. Instead, it shows that Trump paused as the chant began, allowing his supporters to continue...Politicsread more
President Trump said he's looking at the JEDI Contract that will be awarded to Microsoft or Amazon.Technologyread more
Wealthy clients liquidate some investments every year to cover their tax bill, so presumably this was higher than what Morgan Stanley has seen previously.Financeread more
Hacker Square at Facebook's headquarters pays homage to the company's early motto of moving fast and breaking things.Technologyread more
* Paris fed up with "total anarchy of tourist buses"
* Wants tourists to walk, cycle or take public transport
* Paris and France saw record tourist numbers in 2018
PARIS, July 2 (Reuters) - Paris aims to ban tourist buses from the city centre to spur visitors to walk, cycle or take public transport, tackling complaints about nuisances caused by mass tourism, the French capital's deputy mayor said.
Emmanuel Gregoire told Le Parisien newspaper that the situation in Paris was not as bad as in tourist-swamped Venice or Barcelona but Parisians were concerned about the influx of tourist buses.
"We no longer want the total anarchy of tourist buses in Paris....Buses are no longer welcome in the very heart of the city," Gregoire said.
Paris is crisscrossed by dozens of hop-on, hop-off double-decker buses that shuttle tourists between the main monuments, as well as international tourist coaches that bring in budget travellers from all over Europe.
Gregoire said the city was awaiting new legislation to reduce bus traffic and would put in place parking spots outside the city so that buses no longer drive into the centre.
France's new law on mobility will give local authorities more powers to regulate local traffic and new transport options such as rented bicycles and electric scooters.
"Tourists can do like everyone else does and switch to environmentally friendly mobility options or take public transport. We need change," said Gregoire.
He added that tourist guides should adapt by developing guided bicycle tours, or walking tours with headphones.
Last year, tourist arrivals in Paris and the Ile-de-France region around it set a record of 50 million people, up from 48 million in 2017, despite the sometimes violent "yellow vest" protests against the government which began last November.
France is the world's most visited country, receiving a record 89.4 million visitors last year, up from 86.9 million in 2017. (Reporting by Geert De Clercq Editing by Mark Heinrich)