Town Hall News

By Naomi Rovnick, Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) – As calm returns to markets roiled by banking havoc in March, it’s time to reflect on the policy response. The International Monetary Fund has warned of a “perilous combination of vulnerabilities” in markets. The Bank of International Settlements says for the first time since World War Two that central banks are dealing with surging inflation coinciding with very high […]

GENEVA (Reuters) – A United Nations human rights office spokesperson said on Tuesday that Singapore is poised to carry out a hanging for a drug offence, urging it to refrain from doing so. “The UN Human Rights Office has received information concerning the imminent hanging of Tangaraju Suppiah for allegedly using his phone to coordinate trafficking of cannabis,” said Ravina Shamdasani at a U.N. briefing. “We have concerns around due […]

By Steve Holland, Jarrett Renshaw and Heather Timmons WASHINGTON (Reuters) – President Joe Biden said on Tuesday he will seek a second White House term in 2024, a decision that will test whether Americans are ready to give the 80-year-old Democrat, already the oldest U.S. president ever, another four years in office. Biden made his announcement in a slickly produced video released by his new campaign team, in which he […]

By Jonathan Stempel NEW YORK (Reuters) – Here are some facts about the civil lawsuit going to trial on Tuesday brought by former Elle magazine advice columnist E. Jean Carroll against former U.S. President Donald Trump, whom she accuses of rape. TRUMP ACCUSED OF RAPE Carroll has accused Trump of having sexually assaulted her in a dressing room at the Bergdorf Goodman department store in Midtown Manhattan in late 1995 […]

By Kristina Cooke, Mica Rosenberg and Joshua Schneyer (Reuters) – U.S. Democratic Senator Cory Booker will introduce legislation Tuesday that aims to deter child labor at meatpacking plants by barring some offending companies from important government contracts, the latest response to a rise in underage labor in dangerous U.S. industries. The bill Booker’s office shared with Reuters, called the Child Labor Exploitation and Accountability Act, would prevent companies that commit […]

By Trevor Hunnicutt and Steve Holland WASHINGTON (Reuters) – U.S. President Joe Biden is pairing the veteran advisers who helped him win the White House once with a newer generation of diverse leadership for his 2024 re-election campaign. Biden aides see former President Donald Trump as the early front-runner for the Republican nomination, as do most Republican voters, polls show. Biden aides say they take the challenge of running against […]

By Jane Lanhee Lee OAKLAND, California (Reuters) – Terra Quantum, a quantum computer hardware and software startup based in Germany and Switzerland, said on Tuesday it has developed quantum algorithms to speed up the design process for machines to mix fluids. The algorithms were created together with German specialty chemical firm Evonik Industries by simulating quantum computers, which are still not viable for commercial use. Mixing two chemicals together to […]

By Kristina Cooke, Mica Rosenberg and Joshua Schneyer (Reuters) – U.S. Democratic Senator Cory Booker will introduce legislation Tuesday that aims to deter child labor at meatpacking plants by barring some offending companies from important government contracts, the latest response to a rise in underage labor in dangerous U.S. industries. The bill Booker’s office shared with Reuters, called the Child Labor Exploitation and Accountability Act, would prevent companies that commit […]

A look at the day ahead in U.S. and global markets from Mike Dolan Bombarded by incoming corporate earnings updates and increasingly wary of tense geopolitics, world markets appear to have turned sour again on financial stocks as the full extent of March bank stress unfolds. Shares in First Republic Bank, one of the most hit regional banks during last month’s blowup, sank 22% ahead of Tuesday’s open after it […]