U.S. House censures prominent Democrat for work on Trump probes

By Gram Slattery WASHINGTON (Reuters) – The U.S. House of Representatives approved a Republican effort on Wednesday to censure Representative Adam Schiff, a rare move intended to punish the Democrat for his leading role in investigating the conduct of Donald Trump when he was president. The measure’s sponsor, far-right Republican Representative Anna Paulina Luna, argued…

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Wall Street extends sell-off as Powell hints at further rate hikes

By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed lower on Wednesday as Federal Reserve Chairman Jerome Powell’s congressional testimony reinforced the central bank’s objective to rein in inflation as he hinted at the likelihood of further interest rate hikes. All three major U.S. stock indexes notched their third straight daily declines, with megacap…

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‘I feel death here’: Honduran family mourns mother, daughter killed in prison

By Gustavo Palencia TEGUCIGALPA (Reuters) – On Sunday, in their final telephone conversation, Paola Yamileth told her cousin she feared for her life: “I feel death here and I am afraid they are going to kill me.” Two days after that call, Paola, 26, and her mother, Belinda, 46, were among the at least 46…

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Activists ask Biden to publicly rebuke Modi over human rights

By Kanishka Singh WASHINGTON (Reuters) – Rights advocates in Washington demanded that President Joe Biden publicly call out what they described as India’s deteriorating human rights record, saying the U.S. approach of raising the issue in private with Prime Minister Narendra Modi has been a failure. In a press briefing on Wednesday, activists and academics…

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Bitcoin eyes third straight day of gains after touching two-month high

(Reuters) – Bitcoin rallied for a third straight day after hitting its highest level since mid-April, boosted by BlackRock’s plan to create a bitcoin exchange-traded fund (ETF) even as the sector faces U.S. regulatory scrutiny. BlackRock, the world’s biggest asset manager, filed last week for the exchange which would allow investors to get stakes in…

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Bankrupt SVB Financial still exploring options for venture capital arm

(Reuters) -Bankrupt SVB Financial Group said on Wednesday it is continuing to evaluate strategic alternatives for SVB Capital, its venture capital and credit investment arm, as well as other assets and investments. The disclosure comes days after the company agreed to sell its investment banking division, SVB Securities, to a group led by the segment’s…

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Factbox-Extreme tourism allows ultra-wealthy to explore new frontiers

(Reuters) – The $250,000-a-head expedition that vanished this week en route to the deep-sea wreck of the Titanic ocean liner is just one example of extreme tourism that is becoming more commonplace for those who can afford it. From Earth’s tallest peaks to suborbital space, here are some of the other exploits that can be…

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