Author: IA PressRoom

© Reuters. FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst/ By Pete Schroeder WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission announced Friday it had dismissed 42 pending enforcement cases after discovering enforcement staff had improper access to materials meant for commission officials ruling on those cases. The decision comes after the SEC concluded a lengthy review of a matter first raised in April 2022, when it disclosed that some of its databases had inadvertently allowed SEC enforcement staff to view legal materials…

© Reuters. FILE PHOTO: The Fitch Ratings logo is seen at their offices at Canary Wharf financial district in London,Britain, March 3, 2016. REUTERS/Reinhard Krause (Reuters) -The United States’ “AAA” credit rating will remain on negative watch, despite a debt limit agreement that will allow the government to meet its obligations, Fitch Ratings said on Friday. The U.S. Senate on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the government’s $31.4 trillion debt ceiling, following months of bickering between Democrats and Republicans. “Reaching an agreement despite heated political partisanship while reducing fiscal deficits modestly over the next…

© Reuters. FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries (OPEC) sits outside its headquarters ahead of the OPEC and NON-OPEC meeting, Austria December 6, 2019. REUTERS/Leonhard Foeger// By Maha El Dahan, Alex Lawler and Ahmad Ghaddar VIENNA (Reuters) – OPEC and its allies are unlikely to decide on further oil supply cuts at a meeting on Sunday despite a fall in oil prices toward $70 per barrel this week, two sources from the alliance said on Friday although another said the outcome was still unclear. OPEC+, which groups the Organization of the Petroleum Exporting Countries…

© Reuters. FILE PHOTO: A person holds a new 1000 Naira note as the Central Bank of Nigeria releases the notes to the public through the banks in Abuja, Nigeria, December 15, 2022. REUTERS/Afolabi Sotunde By Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s central bank has sold the dollar at 645 naira at its latest auction, results showed on Friday, lower than 465 naira where the currency is trading on the official secondary market. Nigeria operates multiple exchange rates, which the central bank has used to manage demand, mask pressure on the naira and conserve its dwindling reserves. The system has…

North Carolina Senate Republicans have put forth a comprehensive election measure that includes provisions previously vetoed by Democratic Governor Roy Cooper.The proposed legislation aims to bring about administrative changes that supporters argue will enhance trust in election outcomes.State Sen. Ralph Hise, of Mitchell County, told reporters they hope this will restore some confidence in the voting process.North Carolina Senate Republicans proposed on Thursday an omnibus election measure that contains provisions vetoed successfully in past years by Democratic Gov. Roy Cooper as well as other administrative changes that supporters argue will boost trust in election outcomes.The legislation, which could receive a…

A blowout surge in May nonfarm payrolls isn’t denting expectations among fed-funds futures traders for policy makers to leave rates on hold this month — and that’s helping stocks rally sharply on Friday. Fed-funds futures traders priced in a 27.6% probability the Federal Reserve will lift its key rate by 25 basis points at its June 13-14 policy meeting, according to the CME FedWatch tool. That’s up from 20.4% on Thursday, but down from 64.2% a week ago. Data showed the U.S. economy added 339,000 jobs in May, blowing past expectations for an increase of 190,000. The unemployment rate, however,…

The European Space Agency (ESA) is live-streamed images from Mars with its Mars Express satellite. It was the first time images have been streamed in near real-time from Mars, per ESA.  The live stream experienced some technical difficulties for a brief period. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app See Mars like never before.The European Space Agency (ESA) just completed its first-ever live stream of images from its Mars Express satellite today, providing space fans with multiple close-ups of the red planet.Here are…

It’s sometimes thought that financial success comes down to luck. A person launches a business and hits it big coming out of the starting gate. Maybe that does happen – occasionally – but it’s not typical. One of the best ways to prove the point is by following up with someone several years after starting a business and finding success. That’s what I’ve done, and guess what I found? More success, much more! Back in 2019, I covered the incredible story of Kelan and Brittany Kline in How This 28-Year-Old Couple Quit Their Jobs And Make $100,000 A Year Working…

The writer is associate professor in cardiometabolic health at the University of Exeter and chairs the BMA Board of ScienceSmoking kills. In a world where physicians cannot achieve consensus on other major health threats, this unambiguous fact is something that we can all agree on.Tobacco use is the biggest cause of preventable disease in the UK and exacerbates the health gap between rich and poor. It damages the blood vessels to increase the risk of coronary heart disease, stroke and dementia, while being responsible for about 70 per cent of lung cancers — as well as cancers of the mouth,…

© Reuters. FILE PHOTO: A pedestrian passes a “Help Wanted” sign in the door of a hardware store in Cambridge, Massachusetts, U.S., July 8, 2022. REUTERS/Brian Snyder By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated in May, but a surge in the unemployment rate to a seven-month high of 3.7% suggested that labor market conditions were easing, which could give the Federal Reserve cover to skip an interest rate hike this month. The increase in the unemployment rate from a 53-year low of 3.4% in April, which was reported by the Labor Department on Friday, was the largest…