Reuters USA

By Danielle Broadway LOS ANGELES (Reuters) -Bruce Willis has been diagnosed with frontotemporal dementia, his family said on Thursday, nearly a year after the “Die Hard” franchise star retired from acting due to aphasia that hampered his cognitive abilities. “Since we announced Bruce’s diagnosis of aphasia in spring 2022, Bruce’s condition has progressed and we …

Actor Bruce Willis’ ‘condition has progressed’ to dementia, says family Read More »

By Andrew Chung (Reuters) -The U.S. Supreme Court on Thursday canceled scheduled arguments in a case in which Republicans sought to keep in place a policy introduced under former President Donald Trump that has let American officials quickly expel hundreds of thousands of migrants at the U.S.-Mexico border. The policy, known as Title 42, was …

U.S. Supreme Court cancels arguments in Republican bid to keep border expulsions Read More »

By Steve Scherer and Kanishka Singh OTTAWA (Reuters) -Bank of Canada Governor Tiff Macklem said on Thursday that the economy remains overheated and the jobs market is too tight, as he kept the door open to future interest rate hikes. On Jan. 25, the Bank hiked its key interest rate to 4.5%, the highest level …

Bank of Canada says overheated economy still stoking prices Read More »

By Leika Kihara TOKYO (Reuters) – The Bank of Japan’s incoming governor Kazuo Ueda will lead a powerful trio that includes a technocrat who designed yield curve control, and a former banking-sector regulator who can look after the fallout from a future end to low interest rates. As an academic specialising in monetary policy, Ueda …

Academic, policy architect, banking expert form BOJ’s new leadership Read More »

By John McCrank NEW YORK (Reuters) – It’s crunch time for the corporate loan market. With under five months until the June 30 end-date for the publication of the London Interbank Offered Rate, around 80% of institutional loans and collateralized debt obligations (CLOs) – securities backed by pools of debt – are still tied to …

Analysis-Clock ticking for loan market as Libor nears its end Read More »

By Anthony Boadle and Lisandra Paraguassu BRASILIA (Reuters) -Brazil’s government is taking a fresh tack in its effort to crack down on illegal gold mining in the Amazon, preparing legislation that would require electronic tax receipts for the buying and selling of the precious metal, four sources with knowledge of the plans said. President Luiz …

Exclusive-Brazil plans legislation to crack down on laundering of illegal gold Read More »

By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, offering more evidence of the economy’s resilience despite tighter monetary policy. Other data on Thursday showed monthly producer prices increasing by the most in seven months in January as the cost of energy products surged. Even …

U.S. labor market remains tight; monthly producer prices accelerate Read More »

AMSTERDAM (Reuters) – The U.S. government on Thursday issued a declaration on the responsible use of artficial intelligence (AI) in the military, which would include “human accountability.” “We invite all states to join us in implementing international norms, as it pertains to military development and use of AI” and autononous weapons, said Bonnie Jenkins, Under …

US issues declaration on responsible use of AI in the military Read More »

NEW YORK (Reuters) – A BlackRock live webcast was interrupted several times on Thursday after questions on BlackRock’s climate change responsibilities interrupted a speech by President Robert Kapito. Kapito was talking about bonds at the Bank of America Securities Financial Services Conference in New York when someone at the event shouted questions about BlackRock’s responsibility …

BlackRock’s president faces climate questions at New York event Read More »