By Chibuike Oguh NEW YORK (Reuters) – Global equity markets fell as U.S. Treasury yields reached two-week highs on Friday after data showed the American economy generated a greater-than-expected number of jobs in May, signaling the Federal Reserve will…
Wall St ends down with strong jobs data keeping the pressure on for rate hikes
By Sinéad Carew, Devik Jain and Anisha Sircar (Reuters) – Wall Street’s three major stock indexes ended lower on Friday after a solid jobs report ate in to hopes for a pause in the Federal Reserve’s aggressive policy-tightening which is needed to cool …
Texas school shooting victims take action against gunmaker
By Tom Hals (Reuters) – The father of a 10-year-old girl slain in the Uvalde, Texas school shooting and a school employee have taken initial steps that could lead to lawsuits against Daniel Defense, the maker of the semiautomatic rifle used in last wee…
Exclusive – US EPA expected to issue biofuel blending volumes for 2022 below proposed number
By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) – The U.S. Environmental Protection Agency is expected to issue on Friday biofuel blending mandates for the year 2022 that are lower than a number proposed in December, and mandates for the year…
U.S. FDA flags risk of heart inflammation after Novavax COVID vaccine
By Manas Mishra and Mrinalika Roy (Reuters) -The U.S. Food and Drug Administration has raised concerns about a possible risk of heart inflammation from Novavax Inc’s COVID-19 vaccine, even as the company’s data showed it could reduce the chances of mil…
Ohio lawmakers advance trans sports ban with genital check
(Reuters) – Ohio’s House of Representatives passed a bill that would ban transgender girls from school sports and require verification from a doctor if a student’s sex is called into question. The provision was a last-minute addition to an unrelated bi…
Police arrest man with body armor, ammunition outside U.S. Capitol
WASHINGTON (Reuters) -A Michigan man was arrested outside the U.S. Capitol on Friday morning after he presented a fake badge to police who then discovered a BB gun, body armor and high capacity magazines inside his vehicle, U.S. Capitol Police said. Je…
EU blacklists “butchers” of Bucha and Mariupol in latest Russia sanctions
By Gabriela Baczynska BRUSSELS (Reuters) – The European Union on Friday blacklisted Russian military commanders who it said led troops involved in atrocities in Ukraine, describing them as the “butchers” of Bucha and Mariupol. Its latest sanction list …
U.S. doctors urged to test for monkeypox, CDC says risk to public low
By Julie Steenhuysen CHICAGO (Reuters) – U.S. health officials on Friday urged doctors to test for monkeypox if they suspect cases, saying there may be community-level spread but that the overall public health risk remained low. So far, there have been…
Strong U.S. labor market keeps Fed on aggressive rate hike path
By Lucia Mutikani WASHINGTON (Reuters) – U.S. employers hired more workers than expected in May and maintained a fairly strong pace of wage increases, signs of labor market strength that will keep the Federal Reserve on an aggressive monetary policy ti…