By Chuck Mikolajczak NEW YORK (Reuters) – The S&P 500 rallied on Wednesday to snap a five-session losing skid after a policy announcement by the Federal Reserve that raised interest rates to market expectations as the central bank seeks to fight rising…
U.S. FDA advisers back COVID vaccines for children as young as 6 months
By Manas Mishra and Michael Erman (Reuters) -Advisers to the U.S Food and Drug Administration on Wednesday unanimously recommended the agency authorize COVID-19 vaccines from Moderna Inc and Pfizer Inc/BioNTech SE for millions of the youngest American …
U.S. Justice Department backs measures to bolster judges’ protection
By Sarah N. Lynch and Costas Pitas (Reuters) – U.S. Attorney General Merrick Garland said on Wednesday the Justice Department supports congressional legislation aimed at boosting protections for federal judges, as jurists face mounting threats and inti…
U.S. files hate crimes charges against white gunman in Buffalo shooting
By Sarah N. Lynch WASHINGTON (Reuters) -The U.S. Justice Department on Wednesday filed federal hate crime charges against an 18-year-old white supremacist accused of killing 10 Black people at a supermarket in Buffalo, New York, last month. Payton Gend…
U.S. Supreme Court dismisses Republican bid to defend Trump immigration rule
By Andrew Chung The U.S. Supreme Court on Wednesday dismissed a bid by Republican state officials to take over the legal defense of a hardline immigration rule imposed under former President Donald Trump barring permanent residency for immigrants deeme…
ECB pledges new crisis tool to help indebted southern states
By Balazs Koranyi and Francesco Canepa FRANKFURT/MILAN (Reuters) -The European Central Bank promised fresh support on Wednesday to temper a market rout that has fanned fears of a new debt crisis on the euro area’s southern rim but appears to have disap…
ECB to devise new tool to help indebted euro zone members
FRANKFURT (Reuters) – The European Central Bank will skew reinvestments of maturing debt to help more indebted members and will devise a new instrument to stop fragmentation, it said on Wednesday, seeking to temper a market rout that has fanned fears a…
Bitcoin falls to fresh 18-month low as crypto meltdown deepens
By Tom Wilson LONDON (Reuters) – Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it and deepening a market meltdown sparked by crypto lender Celsius this week freezing customer withdrawals. The world’s largest cryp…
Rice trailing Trump-backed challenger in South Carolina primary
By David Morgan WASHINGTON (Reuters) – Republican U.S. Representative Tom Rice, who voted to impeach former President Donald Trump after the Jan. 6 U.S. Capitol riot, trailed his Trump-endorsed challenger Russell Fry by double digits on Tuesday in Sout…
Heatwave scorches central U.S., people urged to stay indoors
By Brendan O’Brien CHICAGO (Reuters) – A heatwave will bake the southwestern and central United States starting on Monday when record-breaking temperatures are expected to soar above 100 degrees (38C), with forecasters warning people to stay indoors an…