By Brendan Pierson (Reuters) – A Christian-owned wellness center is exempt from the federal law prohibiting employers from discriminating on the basis of sexual orientation and gender identity, a federal appeals court ruled Tuesday. The unanimous three-judge panel of the New Orleans-based 5th U.S. Circuit Court of Appeals found that Braidwood Management, which runs an…
By Pete Schroeder WASHINGTON (Reuters) -Large U.S. lenders will bear most of the cost of replenishing a deposit insurance fund that was drained of $16 billion by the collapse of Silicon Valley Bank and two other lenders, although mid-sized banks will also be on the hook, the Federal Deposit Insurance Corporation (FDIC) said on Thursday….
By Chris Taylor NEW YORK (Reuters) – The feeling of driving a new car off the lot is hard to beat. What comes next is not so nice: the first monthly payment. That bill packs an extra punch these days. New car buyers with a monthly payment over $1,000 rose to an all-time high of…
(Reuters) – North Dakota Governor Doug Burgum on Monday signed into law a bill that would ban most abortions, creating an exception for rape and incest victims but only during the first six weeks of pregnancy. The law, which makes it a felony for a doctor to perform an abortion, provides other exceptions including to…
(Reuters) – U.S. equity funds received their first weekly inflow in ten weeks in the week to May 31 on optimism that lawmakers would agree to raise the nation’s debt limit to avert a default. According to Refinitiv Lipper data, U.S. equity funds received a net $1.22 billion in their first weekly inflow since March…
MADRID (AP) — Spain took another step Wednesday toward a sense of normality amid the pandemic by partially ending the near two-year-long obligatory use of masks indoors. The government decree, passed Tuesday, keeps masks mandatory for visitors and staff in medical centers and nursing homes, although patients won’t always be obliged to wear them. Masks…
By Shreyashi Sanyal and Johann M Cherian (Reuters) – Wall Street’s main indexes edged lower on Friday after data showed the economy added jobs at a rapid pace last month, feeding into fears that the Federal Reserve could keep interest rates higher for longer in its fight against inflation. The Labor Department’s nonfarm payrolls report…
WASHINGTON (AP) — Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come. The increase reported Thursday by the Labor Department reflected the 12 months ending in February and didn’t include the…
By Khalid Abdelaziz and Nafisa Eltahir DUBAI (Reuters) -Clashes between rival military factions broke out on Wednesday in Sudan’s capital Khartoum, residents said, threatening to shatter a fragile ceasefire designed to allow for the delivery of aid and create conditions for a more lasting truce. The ceasefire deal, which is being monitored by Saudi Arabia…
PARIS (Reuters) – Food price inflation will start easing in the second half of this year, French ECB policymaker Francois Villeroy de Galhau said on Tuesday, saying this is when a decrease in crop prices will bear fruit. Villeroy told RTL radio the ECB will manage to bring down overall inflation to around 2% by…
