By Jarrett Renshaw (Reuters) -Indian Prime Minister Narendra Modi and U.S. President Joe Biden met in Washington on Thursday and several agreements were to be announced to strengthen economic and diplomatic ties between the two countries and highlight new private sector investments. The following is a roundup of the major announcements: VISAS The Biden administration…
By Lewis Krauskopf (Reuters) – A look at the day ahead in Asian markets from Lewis Krauskopf, U.S. markets correspondent. Asian markets will be waking up to a jolt of central bank rate hikes and looking ahead to a big round of macro data on Friday. The Bank of England surprised many investors on Thursday…
By Ricardo Brito BRASILIA (Reuters) -Former Brazilian President Jair Bolsonaro’s future in office hung in the balance on Thursday, as the country’s federal electoral court (TSE) began a trial that could leave him in the political wilderness for nearly a decade. Bolsonaro, a far-right nationalist who in October narrowly lost Brazil’s most fraught election in…
(This June 16 story has been corrected to fix the date of contract expiration in paragraph 1) By Lisa Baertlein LOS ANGELES (Reuters) – United Parcel Service (UPS) union employees have voted overwhelmingly to authorize a strike should contract talks break down after the current agreement ends at midnight on July 31, the International Brotherhood…
By Dan Burns (Reuters) – The number of people filing for state unemployment benefits for the first time held steady at a 20-month high last week, remaining elevated for a third straight week in what may be an early indication of a softening labor market in the face of the Federal Reserve’s aggressive credit tightening….
By Daniel Trotta (Reuters) – A U.S. judge on Wednesday struck down a Florida rule and a statute that banned state Medicaid payments for transgender healthcare, marking the second defeat in two weeks for anti-transgender legislation in the state. U.S. District Judge Robert Hinkle declared the state’s practices invalid, saying they violated the constitutional right…
By Brendan Pierson (Reuters) – Pop star Kesha on Thursday settled a lawsuit brought by her former producer Dr. Luke, who claimed that she defamed him by accusing him of raping her. Terms of the settlement, announced in a joint statement posted on Instagram, were not made public. Neither admitted wrongdoing. “I am looking forward…
By Chavi Mehta (Reuters) – Generative AI-related job postings in the United States jumped about 20% last month as companies look to harness a technology that has been widely touted as the next big growth driver, according to data from job portal Indeed. The May figure, at 204 per million job postings, was also more…
By Leah Douglas WASHINGTON (Reuters) – The U.S. Congress may need to pass a short-term extension of the country’s current farm bill, the largest food and nutrition spending package, amid delays drafting the next one, the top lawmakers on the Senate and House farm committees said on Thursday. The farm bill funds U.S. nutrition, conservation…
WASHINGTON (Reuters) – A U.S. agency will launch a public working group on generative artificial intelligence (AI) to help address the new technology’s opportunities while developing guidance to confront its risks, the Commerce Department said on Thursday. The National Institute of Standards and Technology (NIST), a nonregulatory agency that is part of the Commerce Department,…
