Tuesday, 11 Aug 2020

US Supreme Court tosses rulings blocking Indiana abortion curbs

Indiana will now get another opportunity at arguing for the legality of its two Republican-backed laws. The US Supreme Court has given Indiana a second chance to revive two restrictive abortion laws – one imposing an ultrasound requirement and the other expanding parental notification when minors seek abortions – by throwing out a lower court’s […]

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Wall Street jumps on record payrolls surge

NEW YORK (Reuters) – Wall Street advanced on Thursday as investors headed into their long holiday weekend buoyed by a record payrolls jump, which provided assurance that the U.S. economic recovery was well under way. All three major U.S. stock averages were more than 1% higher, with the S&P 500 set to post its fourth […]

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Fed's Powell continued to talk frequently with Mnuchin, lawmakers in May

WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell continued to talk regularly with Treasury Secretary Steven Mnuchin and key U.S. lawmakers in May as the United States began to turn the corner on the economic fallout from the coronavirus pandemic, Fed records released on Thursday showed. Powell and Mnuchin conducted 16 phone calls during the […]

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Jeffrey Epstein friend Ghislaine Maxwell arrested on sex abuse charges

(Reuters) – Ghislaine Maxwell, the former girlfriend and longtime associate of the late disgraced financier Jeffrey Epstein, was arrested in New Hampshire on Thursday on U.S. charges of luring underage girls so that Epstein could sexually abuse them. The arrest of the British socialite is the latest twist in the mystery of Epstein, who started […]

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U.S. House panel backs defense bill, Confederate battle looms

WASHINGTON (Reuters) – A U.S. House of Representatives committee unanimously backed a $741 billion defense bill late on Wednesday, setting the stage for a battle with President Donald Trump over naming military bases for Confederate generals and moving troops from Germany. The House Armed Services Committee approved its version of the annual National Defense Authorization […]

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UN concerned Afghan violence aimed at derailing peace talks

More than 800 people have been killed or wounded in ‘deliberate attacks’ targeting civilians in 2020, UN says. More than 800 people have been killed or wounded in “deliberate attacks” targeting civilians in Afghanistan during the first half of 2020, the UN has said, raising concerns the rising violence aims to derail planned peace talks […]

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