By Steve Holland WASHINGTON (Reuters) -U.S. President Joe Biden created two new national monuments, in Nevada and Texas, on Tuesday and launched an effort to consider expanding protections for all waters around remote Pacific islands southwest of Hawaii. The moves, announced at a White House summit on conservation, are aimed at delivering on Biden’s goal …
Biden creates two new national monuments in Nevada and Texas Read More »
By Amruta Khandekar and Shubham Batra (Reuters) – Wall Street’s main indexes edged lower on Wednesday, ahead of the outcome of the Federal Reserve’s rate-setting meeting in which the central bank will seek to balance inflation and banking sector concerns. Traders have halved the size of the expected interest rate hike to 25 basis points …
Wall St slips ahead of Fed rate decision, Powell comments Read More »
(Reuters) -Regeneron Pharmaceuticals Inc said on Wednesday the U.S. Food and Drug Administration had approved the expanded use of its drug in children aged 5 to 11 years to treat an ultra-rare disease that causes high cholesterol. The drug, Evkeeza, was approved in February 2021 as an additional treatment with other lipid-lowering therapies for patients …
US FDA expands use of Regeneron’s cholesterol drug in young children Read More »
By Mark Trevelyan (Reuters) – Russian President Vladimir Putin hosted Chinese President Xi Jinping for a two-day summit in Moscow this week. Here’s a look at the key outcomes. UKRAINE Putin said Chinese proposals could be used as the basis of a peace settlement in Ukraine, but nothing emerged from the meeting to tie his …
Peace plans and pipelines: What came out of the Putin-Xi talks? Read More »
(Reuters) – A Mexican national has pleaded guilty to federal charges of organizing a human-smuggling operation that led to the deaths of 13 Mexican and Guatemalan migrants in a highway crash near the border in Southern California two years ago. Jose Cruz Noguez, 49, a legal permanent U.S. resident from Mexicali, Mexico, entered his plea …
Mexican national pleads guilty in California crash that killed 13 migrants Read More »
By Luc Cohen NEW YORK (Reuters) -Manhattan has started and stopped its investigation into Donald Trump’s hush-money payments to porn star Stormy Daniels so many times that it has come to be known as a “zombie case” like the mythical character who returns from the dead. A grand jury of New Yorkers is expected to …
Trump hush-money charges would bring ‘zombie case’ back to life Read More »
(Updates Barclays view, money market expectations) (Reuters) – Most Wall Street banks expect the U.S. Federal Reserve to hike the benchmark interest rate by 25 basis points at the end of its two-day meeting on Wednesday, while money markets are leaning toward a pause as worries about a global banking crisis mount. In a quick …
Factbox-Banking turmoil may prompt Fed to go slow on interest rate hikes Read More »
By Michael S. Derby WASHINGTON (Reuters) – Historic Federal Reserve lending to banks in the wake of Silicon Valley Bank’s collapse punched a huge hole in its effort to shrink the size of its balance sheet, though economists don’t view that turnaround as a shift back toward a stimulative use of its asset stockpile. Instead, …
As Fed meeting looms, economists see central bank balance sheet in new light Read More »
BERLIN (Reuters) -Germany’s economic council on Wednesday warned that inflation could remain high for longer or even pick up again if financial market worries prevent central banks from raising interest rates. “The recent increase in financial market risks has made it more difficult for central banks to fight inflation,” the five “wise ones” who advise …
German ‘wise ones’ see inflation uptick if banking woes halt rate rises Read More »
By Jarrett Renshaw SCRANTON, Pennsylvania (Reuters) – In Joe Biden’s childhood hometown of Scranton, signs of affection for the U.S. president are hard to miss. Two streets and an expressway into the city bear his name, and personal letters from Biden that invoke the “Scranton values” of hard work and common decency that he frequently …
Scranton to Biden: Love ya, Joe. But a 2024 run? Read More »
