By Jacqueline Thomsen WASHINGTON (Reuters) -U.S. prosecutors on Thursday asked a federal judge to begin former President Donald Trump’s trial on charges of trying to overturn his 2020 election loss to Democrat Joe Biden on Jan. 2, 2024. That date would have the trial get under way just two weeks before the first votes are…
By Jody Godoy (Reuters) -Bittrex has agreed to pay $24 million to settle claims by the U.S. Securities and Exchange Commission that the cryptocurrency exchange failed to register with the agency, according to a filing in Seattle federal court on Thursday. The SEC sued Bittrex Inc and its former CEO William Shihara in April, saying…
By Patricia Zengerle and Andrea Shalal WASHINGTON (Reuters) -U.S. President Joe Biden asked Congress to approve about $40 billion in additional spending on Thursday, including $24 billion for Ukraine and other international needs, $4 billion related to border security and $12 billion for disaster relief. A senior administration official said the needs were great, and…
By Jake Spring BELEM, Brazil (Reuters) – Amazon rainforest nations emerged from a summit this week with a stronger hand to play at upcoming United Nations climate talks, despite the meeting’s lackluster final agreement, according to environmental groups. In a joint statement issued on Tuesday, the Amazon countries dashed expectations for a shared 2030 target…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Markets are betting that the Fed’s most aggressive rate-hiking campaign in more than 40 years is over. But now what? Wall Street initially gave a huge thumbs up to U.S. inflation data that showed some…
By Herbert Lash NEW YORK (Reuters) -Global shares and the dollar edged higher on Thursday after U.S. consumer price inflation moderated in July and boosted hopes the Federal Reserve is near the end of its rate-hiking cycle, but investors remained wary over data due to arrive before policymakers meet next. The consumer price index (CPI)…
(Reuters) – Wisk Aero, Archer Aviation, along with Boeing, reached a settlement to resolve the federal and state court litigation between the parties on undisclosed terms, the companies said on Thursday. (Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Shilpi Majumdar)
By Safiyah Riddle (Reuters) – U.S. mortgage delinquency rates fell to a record low in the second quarter due to a strong job market and low interest rates prevailing on most home loans despite the big jump in mortgage rates over the last two years, a report on Thursday said. Delinquency rates fell to 3.37%…
By Brendan Pierson (Reuters) – A federal appeals court on Thursday appeared skeptical of the Biden administration’s bid to reverse a court order sharply limiting its ability to ask social media companies to remove content that it considers to be misinformation. Daniel Tenny, a lawyer with the U.S. Department of Justice, told a three-judge panel…
By Jody Godoy (Reuters) -Goldman Sachs shareholders cannot go forward with a class action alleging the bank misled investors about its business practices ahead of the subprime mortgage crisis, a U.S. appeals court ruled on Thursday. The New York-based 2nd U.S. Circuit Court of Appeals ruled in three pension funds’ long-running case accusing the bank…
