By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will highlight the U.S. economy’s continuing resilience in a major speech in Las Vegas on Monday, touting the creation of 13 million new jobs and progress in driving down inflation, a Treasury official said. Yellen will speak at a training center operated by the…
By Dan Peleschuk and Anna Dabrowska KYIV (Reuters) – Saudi-hosted talks last weekend were a “breakthrough” for Kyiv that showed it is possible to rally global support around the 10-point plan proposed by President Volodymyr Zelenskiy to end Russia’s war, Ukraine’s foreign minister said on Thursday. “If a country wants to be in the front…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices increased moderately in July as higher rents were mostly offset by declining costs of goods such as motor vehicles and furniture, a trend that could persuade the Federal Reserve to leave interest rates unchanged next month. The report from the Labor Department on Thursday also showed…
By Daniel Wiessner (Reuters) -A conservative legal group on Wednesday urged a U.S. anti-discrimination agency to investigate Kellogg Co over workplace diversity policies that it says are unlawful, and accused the cereal maker of sexualizing its products. This is the second complaint filed this week against a company by America First Legal, a nonprofit run…
By Erwin Seba HOUSTON (Reuters) -U.S. government forecasters on Thursday said they expect a more dangerous Atlantic storm season than previously projected, raising their Atlantic hurricane outlook due to high sea surface temperatures. The U.S. National Oceanic and Atmospheric Administration (NOAA) forecast 14-21 named storms, with 6-11 potentially becoming hurricanes with winds of 74 miles…
By Mariam Sunny (Reuters) -Johnson & Johnson said on Thursday the U.S. Food and Drug Administration had approved its antibody-based therapy for patients with a difficult-to-treat type of blood cancer. The therapy, Talvey, belongs to a class of treatments called bispecific antibodies designed to bring a cancer cell and an immune cell together so the…
By Evan Garcia TENNESSEE COLONY, Texas (Reuters) – The brown and black cattle of Texas, beloved symbols of the Lone Star state, walk through desiccated grass and stand in shrunken watering holes while their ranchers struggle to get them enough food. For the second summer in a row, drought and extreme heat are stressing the…
By Will Dunham WASHINGTON (Reuters) – The peculiar wobble of a subatomic particle called a muon in a U.S. laboratory experiment is making scientists increasingly suspect they are missing something in their understanding of physics – perhaps some unknown particle or force. Researchers on Thursday announced new findings about the muon (pronounced MEW-on), a magnetic…
By Amruta Khandekar, Shristi Achar A and Shashwat Chauhan (Reuters) -European stocks climbed on Thursday after a modest rise in U.S. consumer prices fuelled hopes that the Federal Reserve was close to the end of its rate hikes, while the luxury sector got a boost from China easing travel restrictions. The pan-European STOXX 600 added…
LISBON (Reuters) – Portugal’s Novo Banco said its lawyers were studying a ruling by a Lisbon court that Venezuela claims unblocks around $1.5 billion in Venezuelan state assets being held by the bank. Venezuela’s government has decried sanctions imposed by the United States that have led to banks freezing the country’s assets overseas, as well…
