By Stella Qiu and Alun John BEIJING/HONG KONG (Reuters) – Asian shares tracked a global equities sell-off on Friday as rate hike guidance from the European Central Bank and jitters over upcoming U.S. inflation data stoked concerns about global growth, …
Leaders at Americas summit eye plan to manage migration impact
By Daina Beth Solomon and Ted Hesson LOS ANGELES/WASHINGTON (Reuters) -Leaders attending the Summit of the Americas are poised to issue a declaration pledging measures to curb illegal migration and help countries receiving large number of migrants to c…
U.S. banks finally see upturn in credit-card borrowing
By David Henry NEW YORK (Reuters) – Big U.S. banks including JPMorgan Chase & Co and Citigroup appear set for some earnings boost from a pick-up in the battered credit-card business, but a possible recession would pull consumers back and bring losses o…
Governor: U.S. wants revisions to New York congestion pricing plan
By David Shepardson WASHINGTON (Reuters) – Governor Kathy Hochul said on Thursday the Biden administration is seeking changes in a long-planned congestion pricing plan for New York City that could further delay implementation of a system designed to re…
Wall St drops as investor jitters climb before CPI data Friday
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks sold off sharply Thursday as investor anxiety heightened ahead of data on Friday that is expected to show consumer prices remained elevated in May. Selling picked up toward the end of the sessio…
Stocks, euro slip as ECB sets rate hikes, CPI looms
By Herbert Lash and Marc Jones NEW YORK (Reuters) – U.S. and European shares slid while benchmark euro zone yields hit an eight-year high on Thursday after the European Central Bank prepared to hike interest rates next month for the first time since 20…
Biden pitches economic partnership at Americas summit riven by division
By Trevor Hunnicutt, Lisandra Paraguassu and Matt Spetalnick LOS ANGELES (Reuters) – U.S. President Joe Biden laid out his pitch to leaders from the Americas for a new economic partnership at the start of a regional summit on Thursday, even as he faced…
Diabetes may increase long COVID risk; COVID while pregnant linked to baby brain development issues
By Nancy Lapid (Reuters) – The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has yet to be certified by peer review. Diabetes may increase long COVID ri…
U.S. Capitol riot hearing shows Trump allies, daughter rejected fraud claims
By Patricia Zengerle and Richard Cowan WASHINGTON (Reuters) -The congressional committee investigating the attack on the U.S. Capitol by Donald Trump’s supporters trying to overturn his 2020 election defeat presented testimony on Thursday showing that …
U.S. signals a boost in ties with Palestinians ahead of Biden visit
By Dan Williams JERUSALEM (Reuters) -The United States upgraded its diplomatic mission to the Palestinians on Thursday, reversing a Trump administration move ahead of a planned visit by President Joe Biden. The “Palestinian Affairs Unit” (PAU) was rena…