U.S. government seeks to dismiss suit against Trump, Washington Post says

FILE PHOTO: U.S. President Donald Trump holds up a Bible during a photo opportunity in front of St. John’s Episcopal Church in the midst of ongoing protests over racial inequality in the wake of the death of George Floyd while in Minneapolis police custody, outside the White House in Washington, U.S., June 1, 2020. REUTERS/Tom Brenner/File PhotoWASHINGTON (Reuters) – The […]

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Wall Street shakes off inflation rise and closes higher

NEW YORK (Reuters) – U.S. stocks climbed on Friday as investors brushed off a stronger-than-expected inflation reading, as both the Dow and S&P 500 indexes clinched their first weekly gain in the past three weeks.FILE PHOTO: People are seen on Wall Street outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid/File PhotoConsumer […]

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India COVID-19 variant exhibits resistance; antibody drug shows promise

(Reuters) – The following is a roundup of some of the latest scientific studies on the novel coronavirus and efforts to find treatments and vaccines for COVID-19, the illness caused by the virus.FILE PHOTO: Medics tend to a man with breathing problems inside a COVID-19 ward of a government-run hospital, amidst the coronavirus disease (COVID-19) pandemic, in Bijnor district, Uttar […]

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Wall Street advances, unshaken by inflation surge

(Reuters) – Wall Street’s major averages rose on Friday as investors shrugged off data showing a jump in inflation, although recent worries about a spike in prices kept the S&P 500 on course for its smallest monthly gain since February.FILE PHOTO: People are seen on Wall Street outside the New York Stock Exchange (NYSE) in New York City, U.S., March […]

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Dollar index headed toward biggest weekly gain since April

NEW YORK/LONDON (Reuters) – The dollar continued to rebound on Friday as traders tidied positions for month-end and new data largely confirmed expectations about inflation and the strength of the U.S. economic recovery.FILE PHOTO: Saudi riyal, yuan, Turkish lira, pound, U.S. dollar, euro and Jordanian dinar banknotes are seen in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/IllustrationThe dollar index […]

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Algerian medics fear new infections as borders to reopen

ALGIERS (Reuters) – Algerian medics fear next week’s reopening of national borders will trigger a new surge in COVID-19 cases despite health measures, as people living abroad rush home to see family.Slideshow ( 2 images )The borders have been mostly closed since the global pandemic struck in early 2020, marooning thousands of Algerians working overseas and separating families with dual […]

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4 Recent IPOs Have Potential for Some Huge Gains

Last year and so far in 2021 seem to be much more like 1999, as technology initial public offerings that made little or no money came out and rocketed higher. However, some of the glow has worn off, and some of the deals retreated to much lower price levels or traded lower right out of the chute. It was reported […]

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U.S. intelligence community acknowledges two theories of coronavirus origin

FILE PHOTO: The ultrastructural morphology exhibited by the 2019 Novel Coronavirus (2019-nCoV) is seen in an illustration released by the Centers for Disease Control and Prevention (CDC) in Atlanta, Georgia, U.S. January 29, 2020. Alissa Eckert, MS; Dan Higgins, MAM/CDC/Handout via REUTERSWASHINGTON (Reuters) – The U.S. intelligence community on Thursday acknowledged its agencies had two theories on where the coronavirus […]

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