NEW YORK (Reuters) – The U.S. economy maintained a strong pace of job growth in December, with the unemployment rate falling to 3.5%, but higher borrowing costs as the Federal Reserve fights inflation could see the labor market momentum slowing significantly by mid-year. Nonfarm payrolls increased 223,000 last month, the Labor Department said in its …
US payrolls show labor market remains strong but wages rises cool Read More »
(Reuters) – More than 60,000 homes and businesses were still without power in California early Friday, according to data from , after a massive Pacific storm unleashed high winds, torrential rains and heavy snow across the state. At least two fatalities have been reported since Wednesday due to the storm, which knocked out power to …
Pacific storm leaves over 60,000 still without power in California Read More »
By Ahmed Aboulenein, Gabriella Borter and Michael Erman (Reuters) – Pharmacies across the United States are weighing whether to sell mifepristone, a pill used in medication abortions, following the Food and Drug Administration’s announcement earlier this week that they can now do so. What they decide is primarily based on where they are located given …
Now able to sell abortion pill, U.S. pharmacies weigh if they should Read More »
By Nell Mackenzie LONDON (Reuters) – Hedge fund fees have dropped to their lowest level since the global financial crisis in 2008, research firm Hedge Fund Research (HFR) said on Friday, as high inflation and recession fears hit investors. HFR said hedge fund base fees fell from the second to the third quarter of 2022 …
Hedge fund fees fall to lowest level since 2008 financial crisis -HFR Read More »
By Ted Hesson and Mica Rosenberg WASHINGTON/NEW YORK (Reuters) -The United States announced on Thursday it will extend COVID-19 pandemic-era restrictions, known as Title 42, to expel migrants from Nicaragua, Cuba and Haiti caught crossing the U.S.-Mexico border back to Mexico, a move would block more nationalities from seeking asylum in the United States. At …
What is the U.S. ‘Title 42’ immigration policy and why is it expanding? Read More »
By David Morgan WASHINGTON (Reuters) – The bare-knuckle political fight among Republicans over Kevin McCarthy’s run for speaker of the U.S. House of Representatives could signal trouble ahead when lawmakers need to agree on bigger issues, like addressing the nation’s debt ceiling. Republicans captured a thin House majority in November’s midterm elections, breaking the hold …
U.S. House brawl over McCarthy raises worries about Republican governance Read More »
ZURICH (Reuters) – Roche announced on Friday the U.S. Food and Drug Administration has granted priority review to the Swiss pharmaceutical company’s bispecific antibody Glofitamab. Glofitamab is intended for patients with relapsed or refractory large b-cell lymphoma. The FDA is expected to make a decision on approval of the cancer immunotherapy by July 1, 2023. …
U.S. FDA grants priority review to Roche’s bispecific antibody Glofitamab Read More »
By Steve Holland and Kanishka Singh WASHINGTON (Reuters) – U.S. President Joe Biden will award the Presidential Citizens Medal to 12 people on Friday during a ceremony at the White House to mark two years since the Jan. 6, 2021, attack on the U.S. Capitol, a White House official said. The award, one of the …
Biden to honor police, election officials in Jan. 6 ceremony Read More »
By Amy Tennery and Rory Carroll (Reuters) -Buffalo Bills player Damar Hamlin has been able to awaken and communicate with his medical team after the safety suffered cardiac arrest on the field during a Monday night NFL game in Cincinnati, his doctors told reporters on Thursday. Two physicians caring for the 24-year-old said he was …
NFL-‘Who won?’: Bills’ Hamlin awake, communicating, doctors say Read More »
By Rory Carroll (Reuters) -The NFL will not resume the game between the Buffalo Bills and the Cincinnati Bengals that was postponed on Monday after Bills’ safety Damar Hamlin went into cardiac arrest on the field, the league said on Thursday. The Bengals were leading 7-3 in the first quarter of the game in Cincinnati …
NFL-League cancels Bills-Bengals game where Hamlin was injured Read More »
