By James Pomfret and Jessie Pang HONG KONG (Reuters) -Cardinal Joseph Zen, one of the most senior Catholic clerics in Asia, and three others who helped run a now-disbanded Hong Kong fund for protesters were arrested by on charges of “collusion with for…
U.S. household strength may prolong Fed’s inflation fight
By Howard Schneider and Lindsay Dunsmuir (Reuters) -The financial strength built up in U.S. households limited the damage from the coronavirus pandemic but may now be aggravating – and prolonging – the Federal Reserve’s inflation fight as the central b…
U.S. Senate ends debate on FTC nominee Bedoya, with help from VP
WASHINGTON (Reuters) – The U.S. Senate voted on Wednesday to limit debate on privacy expert Alvaro Bedoya’s nomination to be a commissioner on the Federal Trade Commission, moving the Democrat one step closer to confirmation. Vice President Kamala Harr…
Al Jazeera journalist killed during Israeli raid in West Bank
JENIN, West Bank (Reuters) -A prominent Palestinian-American Al Jazeera reporter was shot dead during an Israeli raid in the occupied West Bank on Wednesday, with Palestinians and the news channel accusing Israel of killing her and Israel’s leader sayi…
Fed Board to get its first Black woman governor
By David Morgan (Reuters) -Lisa Cook, an economics professor at Michigan State University known for her work on racial and gender inequality, on Tuesday won U.S. Senate confirmation to serve on the Federal Reserve Board, making her the first Black woma…
U.S. House sets vote on $40 billion Ukraine aid package Tuesday
By Patricia Zengerle WASHINGTON (Reuters) -The U.S. House of Representatives will vote on an aid package worth more than $40 billion for Ukraine on Tuesday night, House Speaker Nancy Pelosi said, as Congress races to avoid an interruption in defence as…
Biden says Fed targeting inflation, China tariffs under review
By Jeff Mason and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden, under pressure to tame high inflation, told Americans on Tuesday that he understands their plight and that he and the U.S. Federal Reserve are working to solve what he c…
Elon Musk says Tesla open to buying a mining company
By Sheila Dang (Reuters) – Tesla Inc is open to buying a mining company if producing its own supply of electric vehicle (EV) metals would speed up worldwide adoption of clean energy technologies, Chief Executive Officer Elon Musk said on Tuesday. Conce…
Biden administration asks U.S. Supreme Court to shun Bayer weedkiller appeal
WASHINGTON (Reuters) – President Joe Biden’s administration on Tuesday asked the U.S. Supreme Court not to hear Bayer AG’s bid to dismiss claims by customers who contend that its Roundup weedkiller causes cancer, as the company seeks to avoid potential…
Celebrity chef Mario Batali acquitted of sexual assaulting woman in Boston
By Nate Raymond BOSTON (Reuters) -Chef Mario Batali was acquitted on Tuesday of sexually assaulting a woman at a Boston bar in 2017 while posing with her for fan “selfie” photos in the latest of a handful of #MeToo era trials involving U.S. celebrities…