By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) -Federal Reserve officials were divided over the need for more interest rate hikes at the U.S. central bank’s July 25-26 meeting, with “some participants” citing the risks to the economy of pushing rates too far even as “most” policymakers continued to prioritize the battle against inflation,…
By Danielle Broadway LOS ANGELES (Reuters) – After three months of walking the picket lines, striking Hollywood writers expressed optimism on Wednesday about the reopening of contract talks with major studios and the possibility they could be back at work in weeks. Details of the latest proposal from the Alliance of Motion Picture and Television…
By Helen Reid LONDON (Reuters) -H&M is investigating 20 alleged instances of labour abuse at Myanmar garment factories that supply the world’s second-largest fashion retailer, it told Reuters, just weeks after top rival Zara-owner Inditex said it was phasing out purchases from the Southeast Asian country. A British-based human rights advocacy group tracked 156 cases…
Entering the 15th week of our ongoing series, “Is ChatGPT a Superior Financial Advisor?” brings about a sense of heightened anticipation. The journey so far has been quite a rollercoaster, spanning 15 weeks. The lingering question remains: Can ChatGPT Outperform as a Financial Advisor? For those just joining us, we entrusted ChatGPT with a hypothetical…
WASHINGTON (Reuters) -U.S. Secretary of State Antony Blinken spoke by phone on Wednesday with American citizen Paul Whelan, who is being held in a Russian prison, according to a source familiar with the call. Blinken told Whelan to “keep the faith and we’re doing everything we can to bring you home as soon as possible,”…
By Jonathan Stempel and Nate Raymond NEW YORK (Reuters) – Sixteen people who witnessed a white supremacist kill 10 Black victims in a shooting last year at a Buffalo, New York grocery store have sued social media and firearms-related companies, to hold them liable for causing emotional trauma. The complaint filed on Tuesday in a…
BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva said on Wednesday he discussed with U.S. President Joe Biden efforts to fight climate change, as well as the outcome of a summit of rainforest nations held in Brazil last week. In a post on social media platform X, formerly known as Twitter, Lula said he…
By Jack Queen (Reuters) – A Georgia state law against racketeering could be a powerful tool in prosecuting Donald Trump, but applying charges traditionally used to take down organized crime risks miring the case in legal and logistical complications. Fulton County District Attorney Fani Willis on Monday charged the Republican former president and 18 associates…
By Jack Queen (Reuters) – Criminal charges filed against former U.S. President Donald Trump in Georgia state court include allegations that he violated an anti-organized crime law known as RICO that is more expansive than its federal counterpart. WHAT IS RICO? U.S. lawmakers passed the federal Racketeering Influenced and Corrupt Organizations Act in 1970 to…
(Reuters) -Coinbase Global said on Wednesday it had secured approval to offer cryptocurrency futures to U.S. retail customers, scoring a major regulatory win even as it battles a lawsuit from the Securities and Exchange Commission (SEC). The move will allow Coinbase to offer bitcoin and ether futures directly to eligible U.S. customers. Until now, only…
