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However, Neiss thinks the BoE is unlikely to raise interest rates as much as markets have priced in. In a Reuters poll this week, economists predicted the BoE would raise interest rates just twice more, taking rates to a peak of 5% by August or September. The BoE faces three big challenges when assessing how much more rate tightening it needs to do. Fewer households have mortgages and more are on fixed rates - so a key channel for higher interest rates to affect the economy now operates with a delay. "If the Bank of England accelerated policy tightening now, that would smack of panic or a loss of control," McGuire said.
Persons: Henry Nicholls, BoE, BoE Governor Andrew Bailey, Bailey, Katharine Neiss, Neiss, Christine Lagarde, Richard McGuire, Swati Dhingra, Silvana Tenreyro, Megan Greene, Tenreyro, McGuire, Yoruk Bahceli, David Milliken, Toby Chopra Organizations: Bank of England, REUTERS, of, U.S . Federal Reserve, European Central Bank, Italy, Fed, ECB, Reuters, homebuyers, Rabobank, MPC, Thomson Locations: City, London, Britain, of England
The department said its investigation found that the Hostess could have prevented the amputation injury a 29-year-old worker suffered while reassembling a pump at a company facility in Chicago. The investigation was launched after the company, which makes popular snacks like Twinkies, Ding Dongs and Donettes, reported the injury to the Labor Department. A Hostess spokesperson said on Friday that the company was reviewing the Labor Department's allegations, but declined to comment further on "pending investigations." The Labor Department has alleged that Hostess "failed to make sure shafts, sprockets and moving parts on equipment ... had required guarding in place to protect workers from contact with pinch points and moving parts." The company has 15 business days to comply, request an informal conference, or contest the Labor Department findings.
Persons: Ding Dongs, Sukhvir Kaur, Ismail Shakil, Kathrine Jackson, Aurora Ellis Organizations: U.S . Labor Department, Hostess Brands, Labor Department, Labor, Safety, Health Administration, Employers, OSHA, Thomson Locations: Chicago, Ottawa, Washington
WASHINGTON, June 15 (Reuters) - Miami Mayor Francis Suarez announced on Thursday he is running for president, joining a host of Republican candidates vying for the 2024 nomination days after front-runner Donald Trump faced federal charges in his city. Suarez, 45, released a campaign video titled "I'm Running," which showed him jogging around the south Florida city. "Being the only Hispanic candidate from either party allows me to connect with a growing segment of our population," Suarez said. Suarez has had thorny relationships with both Trump and DeSantis. He did not support Trump in his 2020 re-election bid and was critical of some of DeSantis' COVID pandemic-era policies.
Persons: Miami Mayor Francis Suarez, Donald Trump, Suarez, Reagan, Trump, Ron DeSantis, DeSantis, Suarez demurred, Katharine Jackson, Alexandra Ulmer, James Oliphant, Doina Chiacu, Alistair Bell Organizations: Miami Mayor, Republican, Reuters, Florida, Trump, Thomson Locations: Suarez, Florida, hypotheticals, Miami
Rose Styron used to start her daily swim of the season in May, when the waters off the long dock at her house in Vineyard Haven, on Martha’s Vineyard, still barely reach 50 degrees. “Now that I’m 95, though,” she said one day in April, “I may wait until June.”The first of Styron’s four books of poetry, “From Summer to Summer,” a collection for children, was published in 1965. Her most recent, “Fierce Day,” a coming to terms with the death of her husband, the author William Styron, in 2006, was published in 2015. As long as guests are interesting, they are summoned there still. The Styrons were the first people the singer-songwriter Carly Simon wanted to meet when she arrived on the Vineyard in 1970.
Persons: Rose Styron, , , William Styron, Styron, Nobel, Sinn Fein, Katharine Graham, Jacqueline Kennedy Onassis, Carly Simon, ” Simon Organizations: Vineyard Sound, Ulster Unionists, Hyannis Port Kennedys Locations: Vineyard Haven, Hyannis
Editor’s Note: Laura Schifter is a senior fellow with the Aspen Institute and leads This Is Planet Ed, the institute’s initiative on climate change information. We won’t know for sure what it will be or where, but we can predict that these extreme weather events are becoming more common. Katharine Hayhoe, a leading climate scientist suggests one of the most important things we can do about climate change: talk about it. My second grader added, “And we can get power from the sun, compost and walk instead of drive!” We haven’t thought about this as a singular “climate change talk,” but rather as part of how we talk — how we try to help them make sense of the world. For all our kids, it’s time we prioritize their future and help ensure they can thrive in a changing climate.
Persons: Laura Schifter, Ed, There’s, Alexa, I’ve, Katharine Hayhoe, Taylor Organizations: Aspen Institute, Harvard University’s Graduate School of Education, CNN, Environmental Protection Agency, Twitter, Facebook, Infrastructure Investment, Jobs, America, National Parent, Association Locations: Arlington , Virginia, Washington , DC, Canada, Pacific, Kentucky, California, Europe, Pakistan
WASHINGTON, June 8 (Reuters) - Other U.S. crypto exchanges are likely to be in the firing line after the Securities and Exchange Commission (SEC) this week sued Coinbase and Binance, two of the world's largest crypto exchanges, for allegedly breaching its rules. Both Coinbase and Binance deny the SEC's allegations and have pledged to vigorously defend themselves in court. The Coinbase and Binance suits this week expand that list to include some commonly traded tokens, such as Solana, Cardano and Polygon. While big crypto companies can afford to fight the SEC, smaller companies have filed for bankruptcy following SEC enforcement actions, including crypto exchange Beaxy. "I think if there's a real value in these crypto tokens, then compliance will build trust and the business model might change," he said.
Persons: Coinbase, Binance, Jason Allegrante, Gary Gensler, , Scott Freeman, Crypto, Kraken, OKCoin, Ripple's, Stuart Alderoty, Piper Sandler, Gensler, Bernstein, Katharine Wooller, Hannah Lang, John McCrank, Susan Heavey, Michelle Price, Stephen Coates Organizations: Securities and Exchange Commission, SEC, Cornerstone Research, Department of Justice, JST, Justice Department, Piper Sandler Global, Fintech Conference, CNBC, U.S, Executives, Thomson Locations: Solana, Cardano, U.S, United States, New York, Washington
June 22 (Reuters) - At least 10 Republican candidates have announced that they will try to win their party's nomination to take on Democratic President Joe Biden in the November 2024 election. DONALD TRUMPTrump, 77, announced his election campaign last November as he faced criticism from within his Republican Party over his support for far-right candidates who were defeated in the midterm elections. Like Biden, the former president remains unpopular with swaths of the electorate. DOUG BURGUMDoug Burgum, who is serving his second four-year term as North Dakota's governor, launched his campaign earlier this month. FRANCIS SUAREZMiami Mayor Francis Suarez, 45, is the only Hispanic candidate in the Republican field and the third candidate from Florida along with Trump and DeSantis.
Persons: Joe Biden, DONALD TRUMP Trump, Biden, Trump, RON DESANTIS, DeSantis, MIKE, Pence, Trump's, NIKKI HALEY, Haley, TIM SCOTT, Scott, VIVEK RAMASWAMY, Ramaswamy, CHRIS CHRISTIE, Chris Christie, ASA HUTCHINSON, Hutchinson, DOUG BURGUM Doug Burgum, FRANCIS SUAREZ, FRANCIS SUAREZ Miami Mayor Francis Suarez, Suarez, Katharine Jackson, Ross Colvin, Andy Sullivan, Colleen Jenkins, Nick Zieminski, Alistair Bell, Jonathan Oatis Organizations: Republican, Democratic, Republican Party, New, Twitter, Trump, Walt Disney Co, Ukraine, U.S . Capitol, Constitution, Republican White House, Christian, United Nations, Biden, TIM, Black Republican U.S, Reuters, New Jersey, ASA, White House, Microsoft, FRANCIS SUAREZ Miami Mayor, Cuban, Thomson Locations: New York, Florida, U.S, South Carolina, Arkansas, Southern, South Florida
The Ukrainian prosecutor general's office said on Tuesday it was investigating the blast at the Nova Kakhovka dam, situated in Russian-occupied territory, as a war crime and possible act of environmental destruction, or "ecocide". Kyiv said this was a war crime, while Moscow said the targets were legitimate. WHAT DOES INTERNATIONAL LAW SAY? The Geneva Conventions and additional protocols shaped by international courts say that parties involved in a military conflict must distinguish between “civilian objects and military objectives”, and that attacks on civilian objects are forbidden. IS ENERGY INFRASTRUCTURE MILITARY OR CIVILIAN?
Persons: Dmitry Peskov, general's, Marko Milanovic, Michael Schmitt, Milanovic, Katharine Fortin, Stephanie van den Berg, Anthony Deutsch, Mark Heinrich Our Organizations: Reuters, REUTERS, HAGUE, Russia, Criminal, European, of International, University of Reading, ICC, Lieber Institute for Law & Warfare, United States Military Academy West, Utrecht University, Thomson Locations: Nova, Kherson region, Ukraine, Geneva, Ukrainian, Dnipro, Russia, Moscow, Rome
WASHINGTON, June 5 (Reuters) - Former U.S. Vice President Mike Pence on Monday declared himself a candidate in the 2024 Republican race for the White House,setting up a fight against former President Donald Trump. Pence joins a growing field of Republican candidates, which includes Trump, U.S. North Dakota Governor Doug Burgum is also planning to enter the race on Wednesday, according to a person familiar with Burgum's plans. Former New Jersey Governor Chris Christie is jumping into the race on Tuesday, bringing the total number of Republican candidates into double digits. Reporting by Katharine Jackson; editing by Tim Ahmann and Ross ColvinOur Standards: The Thomson Reuters Trust Principles.
Persons: Mike Pence, Donald Trump, Pence, Trump, Democrat Joe Biden, Tim Scott, Nikki Haley, Doug Burgum, Chris Christie, Katharine Jackson, Tim Ahmann, Ross Colvin Organizations: Former U.S, Monday, Republican, White, Federal, Reuters, Democrat, U.S, Capitol, South Carolina, North, Former New Jersey, Trump, Republican Party, Thomson Locations: Former, Iowa, Indiana, Trump, U.S, North Dakota
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Persons: Dow Jones
[1/2] U.S. Republican presidential candidate and New Jersey governor Chris Christie speaks during the Heritage Action for America presidential candidate forum in Greenville, South Carolina on September 18, 2015. Christie has played the role of attack dog before: in a memorable debate appearance shortly before he ended his 2016 campaign, Christie mocked U.S. Three days after Trump's surprise victory, Christie was fired as the head of Trump's White House transition team. Since the Jan. 6, 2021, attack on the U.S. Capitol by a mob of Trump supporters, Christie has jabbed at Trump on numerous occasions. Christie was also a candidate for the 2012 Republican presidential nomination but was beaten by eventual nominee Mitt Romney.
Persons: Chris Christie, Chris Keane PRINCETON, Donald Trump's, Christie, Axios, Trump's, Trump, Bill Palatucci, Marco Rubio, Ron DeSantis, Tim Scott, Nikki Haley, Mike Pence, Chris Sununu, Joe Biden, Washington, Charles Kushner, Jared Kushner, Jean Carroll, Mitt Romney, Susan Heavey, Joseph Ax, Nathan Layne, Katharine Jackson, Andrew Heavens, Chizu Nomiyama, Daniel Wallis Organizations: U.S, Republican, New, America, REUTERS, Former New Jersey, Trump, Reuters, Saint Anselm College, New Jersey Republican, South Carolina, New Hampshire, Democratic, Capitol, Republicans, Thomson Locations: New Jersey, Greenville , South Carolina, Chris Keane PRINCETON , New Jersey, New Hampshire, Florida, U.S, New York City
Christie, 60, enters the race as a decided underdog, six years after his 2016 presidential campaign failed to gain traction amid a crowded field that included Trump. In March, Christie told Axios he would not vote for Trump in 2024 even if the former president was the Republican nominee. He has played the role of attack dog before: in a memorable presidential debate appearance shortly before he ended his 2016 campaign, Christie mocked U.S. He and Trump exchanged plenty of barbs during the early stages of the 2016 campaign. Christie was also a candidate for the 2012 Republican presidential nomination but was beaten by eventual nominee Mitt Romney.
Persons: Chris Christie, Donald Trump's, Christie, Axios, Trump's, Trump, Mike Pence, Ron DeSantis, Marco Rubio, Washington, Charles Kushner, Jared Kushner, Jean Carroll, Mitt Romney, Susan Heavey, Joseph Ax, Nathan Layne, Katharine Jackson, Andrew Heavens Organizations: PRINCETON, Former New Jersey, Trump, Reuters, Saint Anselm College, Republican, Democratic, U.S, Capitol, Republicans, Thomson Locations: New Jersey, New Hampshire, Florida, New York City
REUTERS/Jon CherryWASHINGTON, May 31 (Reuters) - U.S. Senate Republican leader Mitch McConnell said he expected the debt ceiling bill to pass the House of Representatives on Wednesday and come to the Senate as soon as Thursday. "We anticipate the bill passing and coming over to us as soon as tomorrow," McConnell told reporters at the U.S. Capitol. The U.S. House of Representatives is due to vote on Wednesday on a bill to lift the government's $31.4 trillion debt ceiling, a critical step to avoid a destabilizing default that could come early next week without congressional action. McConnell said he hoped the Senate could finish the bill on Thursday or Friday and thinks the bill should be supported. Reporting by Richard Cowan, Moira Warburton and Katharine Jackson; Writing by Doina Chiacu; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.
Persons: Jon Cherry WASHINGTON, Mitch McConnell, McConnell, Richard Cowan, Moira Warburton, Katharine Jackson, Doina Chiacu, Chizu Organizations: U.S . Capitol, REUTERS, U.S, Senate Republican, U.S . House, Thomson Locations: Washington , DC
A failure by Congress to deal with its self-imposed debt ceiling before June 5 could trigger a default that would shake financial markets and send the United States into a deep recession. Hours before the deal was announced, some hardline Republicans balked at McCarthy cooperating with the White House. Progressive Democrats in both chambers have said they would not support any deal that has additional work requirements. This deal does, sources say, adding work requirements to food aid for people aged 50 to 54. But Republicans and Democrats will need to battle over which ones in the months to come, as the deal doesn't specify them.
WASHINGTON, May 27 (Reuters) - U.S. President Joe Biden and top congressional Republican Kevin McCarthy reached a tentative deal to suspend the federal government's $31.4 trillion debt ceiling on Saturday evening, ending a months-long stalemate. Biden and McCarthy held a 90-minute phone call earlier on Saturday evening to discuss the deal, McCarthy briefed his members later in the evening, and the White House and the House leader spoke afterward. [1/6] General view of the U.S. Capitol after U.S. House Speaker Kevin McCarthy (R-CA) reached a tentative deal with President Joe Biden to raise the United States' debt ceiling and avoid a catastrophic default, in Washington, U.S. May 27, 2023. The long standoff on raising the debt ceiling spooked financial markets, weighing on stocks and forcing the United States to pay record-high interest rates in some bond sales. The work to raise the debt ceiling is far from done.
However just ahead of the expected call between Biden and McCarthy, Republican deal negotiator Patrick McHenry told reporters "major disagreement" remained between his party and Biden's Democrats. That's what we've offered with our approach to raising the debt ceiling, with work requirements for able bodied folks to get back in the workforce. The two sides have tentatively reached an agreement that would raise the debt ceiling by enough to cover the country's borrowing needs through the November 2024 presidential election. Republican Representative Dan Bishop reacted with anger to the idea of extending the debt ceiling through the next presidential election. A failure by Congress to raise its self-imposed debt ceiling before June 5 could trigger a default that would shake financial markets and send the United States into a deep recession.
The two sides have tentatively reached an agreement that would raise the debt ceiling by enough to cover the country's borrowing needs through the November 2024 presidential election. It would boost spending on the military and veterans' care, and cap spending for many discretionary domestic programs, according to sources familiar with the talks. McCarthy said Republicans were also still pushing for reforms to energy permitting, including making it easier to drill for gas and oil. Republican Representative Dan Bishop reacted with anger to the idea of extending the debt ceiling through the next presidential election. A failure by Congress to raise its self-imposed debt ceiling before June 5 could trigger a default that would shake financial markets and send the United States into a deep recession.
Wagner is willing to use false paperwork for such transactions, State Department spokesperson Matthew Miller told reporters at a regular news briefing. "There are indications that Wagner has been attempting to purchase military systems from foreign suppliers and route these weapons through Mali as a third party," Miller said. Miller said Washington has imposed sanctions on a number of people and entities that support Wagner's military operations, and said the United States would have more to share soon. Wagner mercenaries have fought alongside regular Russian troops in Ukraine, including in some of the most intense battles such as the ongoing fight for control of Bakhmut. Western countries have raised concerns over Wagner's activities in Mali since late 2021.
Yachting has long been a favorite pursuit of the rich and famous. Take a look inside the Princess Yachts S62, one of the vessels that was on display. From top business leaders and royals, to sports stars and Hollywood celebrities, yachting has long been a favorite pastime of the rich and famous. Whether it's Amazon founder Jeff Bezos' $500 million megayacht or Walmart heiress Nancy Walton Laurie's $300 million aquarium-equipped superyacht, the boats are bigger and flashier than ever. Take a look inside one of the yachts that was on display.
WASHINGTON, May 19 (Reuters) - A second meeting on Friday between White House and Republican congressional negotiators on raising the federal government's $31.4 trillion debt ceiling broke up with no progress cited by either side and no additional meeting set. Senior White House adviser Steve Ricchetti left the meeting room telling reporters that he was "not assessing" the talks. A meeting earlier on Friday ended abruptly with McCarthy telling reporters there had not been any "movement" from the White House toward Republican demands. Biden and McCarthy spent most of the year in an impasse with the White House insisting on a "clean" increase in the debt ceiling without conditions. They agreed to two-way talks, with the White House represented by Shalanda Young, director of the Office of Management and Budget, and Ricchetti.
WASHINGTON, May 19 (Reuters) - A second meeting on Friday between White House and Republican congressional negotiators on raising the federal government's $31.4 trillion debt ceiling broke up with no progress cited by either side and no additional meeting set. "We had a very, very candid discussion talking about where we are, talking about where things need to be," Republican Representative Garret Graves told reporters following a brief meeting in the Capitol with White House officials. He echoed earlier remarks by House of Representatives Speaker Kevin McCarthy that progress needed to be made on changing the "trajectory" of U.S. government deficit spending. A second Republican negotiator, Representative Patrick McHenry, said McCarthy would be briefed on the status of the talks. Senior White House adviser Steve Ricchetti left the meeting room telling reporters that he was "not assessing" the talks.
A White House official confirmed the talks were resuming. "We've got to get movement from the White House and we don't have any movement yet," McCarthy told reporters during the pause in talks. A White House official said: "There are real differences between the parties on budget issues and talks will be difficult. Biden and McCarthy spent most of the year in an impasse with the White House insisting on a "clean" increase in the debt ceiling without conditions. A White House official said a deal remained possible.
WASHINGTON, May 19 (Reuters) - U.S. House Republicans and President Joe Biden's Democratic administration on Friday paused talks on raising the federal government's $31.4 trillion debt ceiling, rattling financial markets as the deadline to avoid default ticked closer. Talks at the Capitol broke up around midday, and there was no immediate word on when they would resume. A White House official said: "There are real differences between the parties on budget issues and talks will be difficult. Biden and McCarthy spent most of the year in an impasse with the White House insisting on a "clean" increase in the debt ceiling without conditions. Young and Ricchetti told reporters they were going to play it "by ear" as they departed the negotiating sessions, according to reporters for NBC News and ABC News.
And women without kids can feel excluded or pushed out. And I think that’s such an important role within any kind of family structure or community. Gen X women are the first generation of women to have been born with this message, “You can do, be whatever you want in your life.” And I’m talking about Gen X Western women. That’s why we’re seeing such a rise in the numbers of women without kids. We’ll see a steeper drop-off as Gen X women and millennial women reach menopause, without having reproduced — the impact of the past 50 years on women’s attitudes and choices when it comes to reproduction.
WASHINGTON, May 12 (Reuters) - U.S. Deputy Secretary of State Wendy Sherman, the country's number two diplomat, said on Friday she will retire at the end of June after three decades in Washington's foreign policy establishment. Sherman is the first woman to serve in her current role, in which she has headed up the Biden administration's diplomacy with China and led unsuccessful talks with Russia to avert Moscow's February 2022 full-scale invasion of Ukraine. Secretary of State Antony Blinken credited Sherman with breaking barriers for women and working on "some of the toughest foreign policy challenges of our time." "Our nation is safer and more secure, and our partnerships more robust, due to her leadership," Blinken said in a statement. "(N)othing lent itself to straightforward answers," Sherman wrote in the note seen by Reuters.
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