By Pete Schroeder and Michael S. Derby (Reuters) -The Federal Reserve on Wednesday said a funding lifeline created for banks last year after the collapse of Silicon Valley Bank threatened to spark a wider financial crisis would close as scheduled in March. The Fed also will immediately raise the interest rate on new loans from …
Fed to allow emergency bank lending program expire on March 11 Read More »
By Pete Schroeder and Michael S. Derby (Reuters) -The Federal Reserve on Wednesday said a funding lifeline created for banks last year after the collapse of Silicon Valley Bank threatened to spark a wider financial crisis would close as scheduled in March. The Fed also will immediately raise the interest rate on new loans from …
Fed to allow emergency bank lending program expire on March 11 Read More »
By Noel Randewich and Johann M Cherian (Reuters) -The S&P 500 climbed to its fourth straight record high close on Wednesday, as Netflix surged following blowout quarterly results and a strong report from ASML fueled gains in chipmakers. Riding optimism about Wall Street’s most valuable companies, Microsoft hit an all-time high, lifting its market value …
S&P 500 ekes out another record high as Netflix and chipmakers leap Read More »
By Andrea Shalal, David Shepardson and Nandita Bose WASHINGTON (Reuters) -The United Auto Workers union endorsed U.S. President Joe Biden’s reelection bid on Wednesday, with the union president delivering a fiery speech in Washington that was also harshly critical of Republican former President Donald Trump. In a full-throated endorsement of the Democratic incumbent, UAW President …
UAW, Fain endorse Biden, say Trump ‘stands against everything we stand for’ Read More »
By Jonathan Allen (Reuters) – If federal courts give the green light, Alabama plans on Thursday to pioneer the first new method of judicial execution since lethal injections were introduced in 1982. The new method is asphyxiation using an inert gas: Alabama Department of Corrections executioners will strap to the prisoner’s face a commercially made …
With a mask and nitrogen tank, Alabama pioneers execution method Read More »
By Jonathan Allen (Reuters) – If federal courts give the green light, Alabama plans on Thursday to pioneer the first new method of judicial execution since lethal injections were introduced in 1982. The new method is asphyxiation using an inert gas: Alabama Department of Corrections executioners will strap to the prisoner’s face a commercially made …
With a mask and nitrogen tank, Alabama pioneers execution method Read More »
By Renju Jose SYDNEY (Reuters) – Australia’s centre-left Labor government on Thursday defended proposed tax rule changes that would trim benefits to the wealthy while giving low-income earners more breaks, in a bid to win back voters battling higher costs. The government has reached a “different view” about the already-legislated tax cuts, Treasurer Jim Chalmers …
Australia’s Labor government defends shift in personal tax policy Read More »
By Renju Jose SYDNEY (Reuters) – Australia’s centre-left Labor government on Thursday defended proposed tax rule changes that would trim benefits to the wealthy while giving low-income earners more breaks, in a bid to win back voters battling higher costs. The government has reached a “different view” about the already-legislated tax cuts, Treasurer Jim Chalmers …
Australia’s Labor government defends shift in personal tax policy Read More »
By Brad Brooks (Reuters) – A state trooper in Minnesota was charged with unintentional murder and manslaughter for shooting and killing Black motorist Ricky Cobb II last year in Minneapolis, prosecutors said Wednesday. Hennepin County Attorney Mary Moriarty said during a press conference that trooper Ryan Londregan, 27, will face those charges, along with an …
Minnesota trooper charged with shooting murder of Black motorist Read More »
(Reuters) – Ohio’s Republican-dominated Senate voted on Wednesday to ban gender-affirming care for minors and prohibit transgender athletes from competing on girls’ and women’s sports teams, overriding a veto and finalizing the measures as law. Ohio’s Republican Governor Mike DeWine had vetoed the legislation, in a break with his party, saying that he had heard …
Ohio lawmakers ban gender-affirming care for minors, overriding veto Read More »
