By Tyler Clifford (Reuters) – Former U.S. Secretary of State Mike Pompeo said on Friday he will not enter the 2024 presidential race, which would have pitted him against his former boss Donald Trump for the Republican nomination. Pompeo, 59, said he decided with his wife that he would not be a candidate for the …
Republican Mike Pompeo says he will not seek U.S. presidential nomination Read More »
By Stephen Culp NEW YORK (Reuters) – Wall Street ended lower on Friday as a barrage of mixed economic data appeared to affirm another Federal Reserve interest rate hike, dampening investor enthusiasm after a series of big U.S. bank earnings launched first-quarter reporting season. All three major U.S. stock indexes ended in the red, but …
Wall St dips to lower close as rate hike bets firm, banks jump Read More »
By Andrew Chung WASHINGTON (Reuters) -U.S. Supreme Court Justice Samuel Alito on Friday temporarily halted lower court rulings that set limits on access to the abortion pill mifepristone, giving the nation’s top judicial body time to weigh a bid by President Joe Biden’s administration to defend the drug amid a challenge by anti-abortion groups. The …
U.S. Supreme Court’s Alito temporarily blocks abortion pill curbs Read More »
By Andrea Shalal WASHINGTON (Reuters) -International Monetary Fund chief Kristalina Georgieva said on Friday that debtors and creditors made “tangible progress” on debt restructuring issues this week, but urged countries facing mounting debt problems to seek help earlier in the process. A new sovereign debt roundtable was helping to accelerate work on debt restructurings, Georgieva …
IMF’s Georgieva sees ‘tangible progress’ on debt issues, urges seeking help earlier Read More »
BRASILIA (Reuters) – Brazil’s Planning Ministry announced on Friday a zero primary deficit target for 2024, but stated that 172 billion reais ($35.03 billion) in government spending depends on the approval of a proposed new fiscal framework. In a statement about the 2024 budget bill sent to Congress, the ministry said the new fiscal rules …
By Rod Nickel and Steve Scherer OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau’s top aide on Friday refused to say when Trudeau first learned about allegations that China tampered with recent elections, citing security concerns. Canadian authorities have started several investigations into the allegations of interference in Canada’s 2019 and 2021 elections, accusations that …
Trudeau’s top aide tight-lipped on Chinese election meddling in Canada, citing security Read More »
By Hannah Lang, Chris Prentice and Ann Saphir (Reuters) – The Federal Reserve’s Board of Governors on Friday said it has approved UBS Group AG’s acquisition of the U.S. subsidiaries of Credit Suisse, clearing another major hurdle for the completion of the Swiss-brokered rescue deal. Â Â Â UBS has committed to give the U.S. central bank …
Federal Reserve green lights UBS-Credit Suisse deal in US Read More »
By Caroline Valetkevitch NEW YORK (Reuters) – As quarterly U.S. earnings got under way with upbeat reports from JPMorgan Chase & Co and other major banks Friday, analysts marginally brightened their dim outlook for first-quarter U.S. results compared with a week ago. Based on actual results from 30 of the S&P 500 companies and estimates …
As earnings season begins, S&P 500 forecast looks less weak Read More »
By Graham Fahy and Steve Holland BALLINA, Ireland (Reuters) -U.S. President Joe Biden gave a rousing campaign-style speech to an exuberant crowd in his ancestral home town in the west of Ireland on Friday to wrap up a nostalgic three-day state visit ahead of what is expected to be a gruelling 2024 re-election bid. Biden …
Biden wraps up emotional Irish tour with campaign-style rally Read More »
BALLINA, Ireland (Reuters) – U.S. President Joe Biden delighted thousands of locals from his Irish ancestral home of Ballina on Friday when he saved the final words of his Ireland tour to back their Gaelic football team to break a famous decades-long curse. The proud Irish-American, wrapping up a nostalgic three-day visit to Ireland with …
‘Mayo for Sam!’ Biden delights Irish ancestors with sporting shoutout Read More »
