By Jonathan Stempel NEW YORK (Reuters) -A federal appeals court on Thursday ordered the dismissal of a National Rifle Association lawsuit accusing a New York regulator of stifling its speech by pressuring banks and insurers to stop doing business with …
U.S. drops charges against Massachusetts judge accused of obstructing immigration arrest
BOSTON (Reuters) – U.S. prosecutors on Thursday said they had reached an agreement to drop criminal charges filed during the Trump administration against a Massachusetts judge accused of impeding a federal immigration arrest of a defendant in her court…
U.S. current account deficit shrinks in second quarter
WASHINGTON (Reuters) – The U.S. current account deficit narrowed sharply in the second quarter amid a surge in goods exports, data showed on Thursday. The Commerce Department said that the current account deficit, which measures the flow of goods, serv…
Russian draft triggers exodus by some men as air fares jump
By Jake Cordell and Essi Lehto TBILISI/VAALIMAA, Finland (Reuters) -Some Russian men headed swiftly to the borders on Thursday after President Vladimir Putin ordered a partial mobilisation, with traffic at frontier crossings with Finland and Georgia su…
U.S. labor market resilient as recession signals grow stronger
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased moderately last week, indicating the labor market remains tight despite the Federal Reserve’s attempt to cool demand with aggressive …
Biden says will discuss South China Sea with Philippine President Marcos
WASHINGTON (Reuters) – U.S. President Joe Biden said on Thursday he would discuss the South China Sea, COVID and renewable energy with his Philippine counterpart, Ferdinand Marcos. Marcos said his country appreciated the deep role of the United States …
Bank of England raises rates to 2.25%, despite likely recession
(Corrects planned gilt reduction in paragraph 7 to 80 billion pounds from 100 billion pounds) LONDON (Reuters) – The Bank of England raised its key interest rate to 2.25% from 1.75% on Thursday and said it would continue to “respond forcefully, as nece…
Central banks raise rates again as Fed drives global inflation fight
By Francesco Canepa FRANKFURT (Reuters) – A host of central banks from across the world raised interest rates again on Thursday, following the U.S. Federal Reserve in a global fight against inflation that is sending shockwaves through financial markets…
Lavrov defends Russia at U.N. showdown rife with anger over Ukraine war
By Michelle Nichols, Daphne Psaledakis and Humeyra Pamuk UNITED NATIONS (Reuters) -Russian Foreign Minister Sergei Lavrov defended Moscow’s war in Ukraine at the U.N. Security Council on Thursday as the United Nations warned Moscow against annexing Ukr…
Canada to review impact of cannabis legalization four years on
OTTAWA (Reuters) – Canada on Thursday launched a review of the country’s legalization of the use of recreational cannabis four years ago to evaluate its impact on youth, indigenous minorities and others, and to analyze its effect on the economy and the…