Finance

UK Lawmakers Approve Bid To Legalize Same-Sex Marriage In Northern Ireland

LONDON, July 9 (Reuters) – Britain’s parliament voted on Tuesday in favor of a plan that would compel the government to legalize same-sex marriage and extend abortion rights in Northern Ireland, if the province is unable to re-establish its own devolved government. The changes passed with a large majority in parliament inLondon on Tuesday and […]

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Fed Chair Powell Signals Openness to Rate Cut and Stock Market Rallies

WASHINGTON — Federal Reserve Chair Jerome H. Powell signaled that an interest-rate cut may come soon, sending stocks to a new high as the benchmark S&P 500 stock index traded above 3,000 for the first time. Mr. Powell, testifying before the House Financial Services Committee on Wednesday, said risks to the United States economy remain,

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Senate committee approves FAA nominee over Dem objections

President Donald Trump’s nominee to lead the Federal Aviation Administration won approval from a Senate committee Wednesday despite objections from Democrats who questioned the actions of the former Delta Air Lines executive in a case involving a pilot who raised safety issues. The Commerce, Science and Transportation Committee voted 14-12 along party lines to send

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Harvard Suspends Roland Fryer, Star Economist, After Sexual Harassment Claims

Mr. Fryer repeatedly told a university investigator that he was being unfairly scrutinized, at one point asking if he was being singled out for his skin color, though some of the accusers were minority women. He explained his “tackle, bite u or both” message as a “same-race thing” with an assistant who was black. The

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U.S. Women’s Soccer Team Celebrate Win In New York Ticker Tape Parade

NEW YORK, July 10 (Reuters) – Amid confetti and chants of “equal pay,” New York honored the U.S. women’s soccer team on Wednesday with a ticker-tape parade down the “Canyon of Heroes,” celebrating its World Cup triumph and paying tribute to the players’ emergence as icons of women’s rights. The squad’s 2-0 win over Netherlands

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US, Chinese trade envoys in 1st contact after Trump-Xi truce

The top U.S. and Chinese trade envoys have spoken by phone in their first known contact since Presidents Donald Trump and Xi Jinping agreed to resume stalled talks on ending a tariff war. Beijing’s envoy, Vice Premier Liu He, talked Tuesday with Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin, the Commerce Ministry said.

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Asian markets mixed, pausing ahead of Fed chief testimony

Asian shares were mixed Wednesday in cautious trading ahead of closely watched congressional testimony by the U.S. Federal Reserve chairman. Japan’s benchmark Nikkei 225 edged down nearly 0.2% to finish at 21,533.48. Australia’s S&P/ASX 200 added 0.4% to 6,689.80. South Korea’s Kospi gained 0.3% to 2,058.78. Hong Kong’s Hang Seng rose 0.3% to 28,201.31, while

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