Reuters USA

By Luc Cohen NEW YORK (Reuters) -A U.S. judge on Monday rejected former President Donald Trump’s request to delay a scheduled April 25 trial over whether he defamed former Elle magazine columnist E. Jean Carroll by denying he raped her. Last week, Trump’s lawyers urged U.S. District Judge Lewis Kaplan in federal court in Manhattan …

Judge rejects Trump’s request to delay trial in rape accuser Carroll’s lawsuit Read More »

By Brendan O’Brien (Reuters) -Five people remained in critical condition on Monday after a weekend shooting at a teenage birthday celebration in rural Alabama that left four dead, hospital authorities said. A total of 28 people were injured in Saturday’s shooting at the Mahogany Masterpiece Dance Studio in Dadeville, a community of 3,200 people about …

Five still critical after Alabama birthday party shooting Read More »

By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Monday declined to hear an appeal from a Texas inmate convicted of robbery who argues that the 27 years he was forced by prison officials to spend in solitary confinement violated the constitutional bar against “cruel and unusual.” The justices turned away Dennis Hope’s appeal …

U.S. Supreme Court turns away suit by Texas inmate held 27 years in solitary confinement Read More »

By Oliver Hirt ZURICH (Reuters) – The Swiss government has awarded an advisory mandate worth up to 8.7 million Swiss francs ($9.70 million) to Alvarez & Marsal Switzerland, linked to the rescue of Credit Suisse, according to state procurement platform Simap.ch on Monday. Swiss authorities last month engineered a takeover of struggling Credit Suisse by …

Swiss government awards $9.7 million contract related to Credit Suisse – UBS merger Read More »

WASHINGTON (Reuters) – The New York Federal Reserve said on Monday its barometer of manufacturing activity in New York State increased for the first time in five months in April as measures of new orders and shipments surged. The regional Fed’s “Empire State” index on current business conditions jumped 35.4 points to a reading of …

New York factory activity rebounds in April-NY Fed Read More »

(Reuters) – U.S. banking heavyweights set aside billions of dollars in the first quarter to account for potential bad loans, as rising interest rates turn up the heat on borrowers who are just starting to see some relief from inflation. Below is an outline of how banks have managed their reserves since 2020: JPMorgan Chase …

Factbox-How big U.S. banks are managing bad loan reserves Read More »

By Sruthi Shankar and Ankika Biswas (Reuters) – Wall Street’s main indexes were little changed on Monday as investors awaited more bank earnings and views from Federal Reserve policymakers that could provide cues on when the central bank will pause its monetary tightening. Wall Street closed lower on Friday after mixed economic data appeared to …

Wall St muted as investors focus on earnings, Fed cues Read More »

WASHINGTON (Reuters) – Confidence among U.S. single-family homebuilders improved for a fourth straight month in April as a dearth of previously owned homes and falling mortgage rates boost demand for new houses, but a shortage of building materials remains a challenge. The National Association of Home Builders/Wells Fargo Housing Market index edged up one point …

US homebuilder sentiment improves for fourth straight month -NAHB Read More »