Category Archives:
Biden’s student loan defeat adds to headwinds for US economy
By Michael S. Derby and Dan Burns (Reuters) - The U.S. Supreme Court's striking down of President Joe Biden's student loan forgiveness plan puts nearly half a trillion dollars of debt back on househol...
Jun 30, 2023
US Supreme Court blocks Biden student loan forgiveness
WASHINGTON (Reuters) -The U.S Supreme Court handed President Joe Biden a painful defeat on Friday, blocking his plan to cancel $430 billion in student loan debt – a move that had been intended t...
Jun 30, 2023
Motor racing-Ricciardo has got his mojo back, says Horner
(Reuters) - The Daniel Ricciardo of old is back and with a spring in his step, Red Bull team boss Christian Horner said on Friday amid talk of the Australian making a Formula One return with sister te...
Jun 30, 2023
US consumer spending stalls in May; inflation still elevated
By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer spending stagnated in May as households cut back on purchases of motor vehicles and other long-lasting goods amid higher borrowing costs, suggest...
Jun 30, 2023
Wind, solar help Texas meet record power demand during heat wave
By Arpan Varghese and Scott DiSavino (Reuters) - The Texas power grid comfortably met record demand during this week's heat wave with abundant power supply from wind and solar plants, data from the gr...
Jun 30, 2023
Canadian firms see labor market pressure easing, near-term inflation slowing
By Steve Scherer OTTAWA - Canadian businesses see labor pressures easing and expect short-term inflation to edge down, the Bank of Canada said on Friday in a second quarter survey, but fewer firms exp...
Jun 30, 2023
Earthquake of magnitude 6.4 strikes off Indonesia’s Java -EMSC
Jakarta (Reuters) - A magnitude 6.4 earthquake struck off the Indonesian island of Java on Friday evening, the country's geophysics agency (BMKG) said, but there were no immediate reports of casualtie...
Jun 30, 2023
Russia to raise salaries for military by 10.5% -decree
MOSCOW (Reuters) - The Russian government will increase salaries for military servicemen by 10.5% from Oct. 1, a government decree published on the official web portal showed on Friday. The move comes...
Jun 30, 2023
Robot takes podium as orchestra conductor in Seoul
SEOUL (Reuters) - An android robot, EveR 6, took the conductor's podium in Seoul on Friday evening to lead a performance by South Korea's national orchestra, marking the first such attempt in the coun...
Jun 30, 2023
US dollar share of global reserves edges up in Q1, euro’s share dips – IMF
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The U.S. dollar's share of currency reserves reported to the International Monetary Fund rose in the first quarter of the year, in the midst of a still...
Jun 30, 2023
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