Stocks jump, dollar eases as inflation data suggests Fed pause

By Herbert Lash NEW YORK (Reuters) – Global shares rallied and the dollar eased on Tuesday after U.S. consumer price data showed inflation barely rose in May, increasing expectations the Federal Reserve will pause hiking interest rates when it concludes a two-day meeting on Wednesday. The annual increase in the consumer price index was the…

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White House bans LGBTQ activists for going topless at Pride event

WASHINGTON (Reuters) – Three guests at the White House’s Pride party on Saturday have been banned from future events after going topless on the South Lawn, press secretary Karine Jean-Pierre said Tuesday. “The behavior was simply unacceptable. We’ve been very clear about that. It was unfair to the hundreds of attendees who were there to…

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Explainer-What the Trump indictment means for his political campaign

By Jack Queen (Reuters) – Former President Donald Trump has been indicted for illegally retaining classified government documents after leaving office in 2021. Here is a rundown of what this means for his 2024 presidential campaign. WILL THE INDICTMENT PREVENT TRUMP FROM CAMPAIGNING OR TAKING OFFICE? None of the charges would bar Trump from taking…

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Who is ‘Trump Attorney 1’? Lawyer Evan Corcoran’s key role in indictment

By Andrew Goudsward (Reuters) – Evan Corcoran, a lawyer hired by Donald Trump to fend off a federal investigation into his handling of sensitive documents, is now a central figure in the U.S. Justice Department’s criminal case against the former president. The shift from lawyer to potential witness is a sharp turn for Corcoran. The…

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Pro-Russian hackers step up attacks against Swiss targets, authorities say

GENEVA (Reuters) -A pro-Russian hacking group had intensified its cyberattacks against Switzerland, authorities said on Tuesday, with hackers claiming to have taken down several major websites including the one for Geneva Airport. Switzerland’s main government websites, including parliament and the federal administration, have been hit in recent days by a distributed denial-of-service (DDoS) attack claimed…

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NATO chief: Ukraine making progress in counteroffensive

By Andrea Shalal and Steve Holland WASHINGTON (Reuters) – NATO Secretary General Jens Stoltenberg on Tuesday said Ukraine is making progress in its counteroffensive against Russian invaders and predicted NATO leaders will increase military assistance to Kyiv when they meet next month. Stoltenberg made the comments as he met in the Oval Office with President…

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Germany’s coalition agrees changes to green heating law after dispute

By Holger Hansen and Riham Alkousaa BERLIN (Reuters) – Germany’s ruling coalition on Tuesday agreed changes to a bill on phasing out oil and gas heating systems after weeks of wrangling that raised doubts whether coalition could survive until the end of its term. The coalition is led by the Social Democrats (SPD), supported by…

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Meta releases ‘human-like’ AI image creation model

By Katie Paul NEW YORK (Reuters) – Meta Platforms said on Tuesday that it would provide researchers with access to components of a new “human-like” artificial intelligence model that it said can analyze and complete unfinished images more accurately than existing models. The model, I-JEPA, uses background knowledge about the world to fill in missing…

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