A jump in Tokyo inflation boosted bets the Bank of Japan will hike interest rates again soon (Richard A. Brooks) Most markets rose Friday after falling for much of the week, with below-forecast US data injecting some fresh life into hopes the Federal Reserve will cut interest rates this year. The readings came ahead of […]
Tag: Looms
Possible plea deal looms for man suspected of killing baby daughter
The hearing for a man suspected of killing his 7-week-old daughter in 2021 was delayed Tuesday in Kern County Superior Court pending a possible plea deal. Gregory Higgins, 37, is charged with murder and assault of a child under the age of 8 years old resulting in death. On Sept. 15, 2021 around 11:30 a.m., […]
No-confidence vote looms for Papua New Guinea leader Marape
SYDNEY (Reuters) – Papua New Guinea Prime Minister James Marape is likely to face a no-confidence motion with parliament resuming on Tuesday, after the opposition party nominated Rainbo Paita, who defected from Marape’s cabinet days earlier, as alternate prime minister. Paita, the finance minister, was among several ministers to defect in a group of 18 […]
Closing arguments, jury instructions and maybe a verdict? Major week looms in Trump hush money trial
WASHINGTON (AP) — The testimony in Donald Trump’s New York hush money trial is all wrapped up after more than four weeks and nearly two dozen witnesses, meaning the case heads into the pivotal final stretch of closing arguments, jury deliberations and possibly a verdict. It’s impossible to say how long all of that will […]
Boeing employees’ safety, quality concerns surge dramatically in wake of incidents as deadline looms
Boeing released its annual safety report on Friday which showed a dramatic increase in submissions by employees about safety and product quality concerns as the aerospace giant readies a report for regulators to increase its production. The company’s third annual safety report found that in early 2024 there was a 500% increase in the use […]
Tornado causes havoc in Texas as record-breaking heat wave looms
A tornado ripped through central Texas on Wednesday evening, causing huge damage and destroying homes, as forecasters warn of a potentially record-breaking heat wave in the state. The city of Temple, northeast of Austin, declared a state of emergency and opened a shelter for displaced people after a twister caused widespread devastation. Cars were overturned, […]
Biden to secure 200th judicial confirmation as election looms
By Nate Raymond (Reuters) – President Joe Biden is set to secure U.S. Senate confirmation of his 200th appointment to the federal judiciary on Wednesday, surpassing his Republican predecessor Donald Trump‘s pace even as the clock ticks toward their Nov. 5 election rematch. Reaching this milestone at this point in his presidency is evidence, according […]
Michael Cohen returns to witness stand as decision on Trump testimony in hush money trial looms
Michael Cohen will return to the witness stand in a New York courtroom for a third day of cross-examination by Donald Trump‘s lawyers Monday in what could be the final day of testimony in the first criminal trial of a former president. One possibility that could lengthen the trial would be Trump‘s taking the stand […]
Copper Hits Record Above $11,000 on Bets That Shortage Looms
(Bloomberg) — Copper surged to its highest-ever level, extending a powerful, months-long rally driven by financial investors who’ve piled into the market in anticipation of deepening supply shortages. Most Read from Bloomberg Futures on the London Metal Exchange jumped more than 4% in early Monday trading, taking copper past $11,000 a ton for the first […]
I’m ready for a good fight – Tyson Fury reserved as Oleksandr Usyk bout looms
Tyson Fury refused to engage in the face off with Oleksandr Usyk in a muted final press conference ahead of Saturday’s undisputed world heavyweight showdown in Riyadh. While Usyk stood staring at his rival in the customary ritual 48 hours out from the fight, Fury turned to the crowd and folded his arms. The British […]
Cities look for new ways to keep people safe — and alive — as extreme summer heat looms
More than five weeks remain before summer’s official start, but preparations for extreme heat have been underway for many months in parts of the country hit hard by last year’s sweltering conditions. “We prepare for heat year-round in Phoenix,” Mayor Kate Gallego said. “It’s something that we know is coming, so we have to think […]
US futures hold steady as inflation test looms
US stocks held steady on Wednesday, eyeing fresh record highs ahead of a crucial update on consumer prices that could upend rate-cut hopes and as meme stocks regrouped after a roaring rally. Futures on the Dow Jones Industrial Average (YM=F) and S&P 500 (ES=F) hovered above the flatline. Contracts on the Nasdaq 100 (NQ=F) were […]