By Katanga Johnson WASHINGTON (Reuters) – Global equity markets slumped lower on Thursday while gold prices steadied and the dollar weakened as frightened investors digested disappointing updates from major central banks about the outlook for inflation…
Biden pushes for gun safety, police funding with New York City mayor Adams
By Steve Holland and Jarrett Renshaw NEW YORK (Reuters) -U.S. President Joe Biden highlighted his administration’s efforts to curb gun violence during a visit to New York City also aimed at projecting a united front with Mayor Eric Adams after a series…
Wall St snaps winning run as Facebook forecast disrupts tech-led recovery
By David French (Reuters) – Wall Street snapped a four-session winning streak on Thursday, with all three benchmarks closing lower after Facebook-owner Meta Platforms’ dour forecast sent its stock plummeting and halted a nascent recovery built on upbea…
Biden’s Fed nominees back U.S. inflation fight
By Ann Saphir and Lindsay Dunsmuir (Reuters) – The Federal Reserve’s inflation fight should be its top priority, President Joe Biden’s nominees to the central bank’s Board of Governors told lawmakers on Thursday, signaling support for a hawkish pivot i…
One trans woman’s fight against a bill that would criminalise Ghana’s LGBT+ community
By Francis Kokoroko KUMASI, Ghana (Reuters) – In a dimly-lit room with racks of women’s clothing, Ghanaian artist and LGBT+ activist Va-Bene Elikem Fiatsi flipped through photo self-portraits illustrating her transition to womanhood. Transitioning is n…
In world first, S.Africa’s Afrigen makes mRNA COVID vaccine using Moderna data
By Wendell Roelf CAPE TOWN (Reuters) -South Africa’s Afrigen Biologics has used the publicly available sequence of Moderna Inc’s mRNA COVID-19 vaccine to make its own version of the shot, which could be tested in humans before the end of this year, Afr…
Queen Elizabeth’s reign: a second ‘golden age’ for Britain?
By Michael Holden and Sarah Mills LONDON (Reuters) – Britain will on Sunday salute the 70th anniversary of Queen Elizabeth II ascending the throne, but as the monarch celebrates another landmark, just how will her record-breaking reign be remembered? T…
U.S. warns Russia may stage video as pretext to invade Ukraine
By Steve Holland, Dmitry Antonov and Pavel Polityuk WASHINGTON/MOSCOW/KYIV (Reuters) – Russia has formulated several options as an excuse to invade Ukraine, including the potential use of a propaganda video showing a staged attack, the United States sa…
Oil prices take a breather, OPEC+ sticks to output plans
By Ahmad Ghaddar and Noah Browning LONDON (Reuters) – Oil prices fell on Thursday amid profit-taking, but remained underpinned by tight supply as OPEC+ producers stuck to planned moderate output increases. Brent crude was down 73 cents, or 0.8%, to $88…
Sarah Palin’s lawyer calls test case against New York Times an ‘uphill battle’
By Jody Godoy and Jonathan Stempel NEW YORK (Reuters) -Former Republican U.S. vice presidential candidate and Alaska Governor Sarah Palin went to trial against the New York Times on Thursday, in a highly anticipated defamation case that could test long…