WASHINGTON (Reuters) -Francis X. Suarez, the mayor of Miami who has overseen a tech-driven economic boom in the city, became the latest Republican to join the burgeoning ranks of presidential aspirants, according to a Federal Election Commission filing on Wednesday. Reuters was not able to immediately confirm authenticity of the FEC filing. Suarez, 45, a…
By Dave Sherwood and Matt Spetalnick BEJUCAL, Cuba (Reuters) – Just outside the sleepy Cuban village of Bejucal, a winding track, rutted with potholes and losing ground to the jungle, ends at a barbed wire fence. A sign warns: “KEEP OUT, MILITARY ZONE.” What lies beyond remains largely a mystery, though the U.S. government has…
By Chavi Mehta and Aditya Soni (Reuters) – Tesla’s record 13-day streak of gains finally came to an end on Wednesday, as the stock closed down just a smidgen after a stretch that saw the U.S. automaker add more than $200 billion to its value. During the streak, Tesla shares rose by more than 40%,…
(Reuters) – Bitcoin dropped 3.65% to $24,987 at 2103 GMT on Wednesday, losing $947 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 19.5% from the year’s high of $31,035 on April 14. Ether, the coin linked to the Ethereum blockchain network, dropped 5.36% to $1,646.1, losing $93.3 from its previous…
By Michael S. Derby WASHINGTON (Reuters) – Federal Reserve Chairman Jerome Powell said on Wednesday that financial conditions are likely to allow the central bank to press forward with the drawdown of its massive balance sheet through the remainder of the year. As the Treasury moves toward selling massive amounts of debt to rebuild its…
OTTAWA (Reuters) – Canada will freeze the planned deportation of dozens of students who entered the country using fraudulent university letters of acceptance, Immigration Minister Sean Fraser said on Wednesday. Fraser spoke after the Canadian Broadcasting Corp reported in March that several students from India had been served deportation papers for using forged documents to…
By Sinéad Carew (Reuters) – MSCI’s global equity index closed slightly higher on Wednesday after a volatile afternoon while the dollar cut its losses after the U.S. Federal Reserve paused interest rate hikes as was widely expected but signalled that it could raise rates by another half percentage point by year-end. The central bank issued…
By David Shepardson WASHINGTON (Reuters) -Time is running out on a deadline for Microsoft to complete its $69 billion merger with Activision Blizzard, compelling the companies to ask a U.S. judge on Wednesday to quickly get the ball rolling on the Federal Trade Commission’s legal bid to block the deal from closing. U.S. District Judge…
By Moira Warburton WASHINGTON (Reuters) – The U.S. House of Representatives on Wednesday rejected a Republican effort to censure Representative Adam Schiff, a Democrat who played a leading role in the first impeachment of then-President Donald Trump in 2019. The Republican-controlled chamber defeated the motion by a vote of 225 to 196, with 20 Republicans…
(Reuters) -Target’s move to pull some LGBTQ-themed merchandise from stores following customer backlash “is wrong,” New York Attorney General Letitia James said in a tweet on Tuesday and urged the retailer to reverse its decision. At least 14 New York officials have signed a letter regarding Target’s decision, according to James’s tweet. Target said last…
