Reuters

A look at the day ahead in U.S. and global markets from Mike Dolan

While the inflation and interest rate world continues to throw up unpleasant surprises, it's hard to imagine much of a shift in major indexes on Wednesday as Nvidia's earnings drum roll builds through the session before a post-bell release.

While it's slightly alarming to have just one firm hold an entire stock market in thrall, the sheer weight of Nvidia in indexes after... (continue reading...)

By Tim Reid

WASHINGTON (Reuters) - Jurors hearing the first-ever criminal trial of a former U.S. president could render their verdict in Donald Trump's hush money case as soon as next week, with potentially big implications for the 2024 White House race.

Trump has pleaded not guilty to 34 counts of falsifying business records to cover up a payment that bought the silence of porn star Stormy Daniels shortly before the 2016 election.... (continue reading...)

NEW YORK (Reuters) - Jury selection begins on Wednesday in the criminal trial of exiled Chinese businessman Guo Wengui, who U.S. prosecutors have accused of defrauding thousands of investors and supporters out of more than $1 billion.

The trial before U.S. District Judge Analisa Torres in Manhattan could last into July.

It is expected to touch on sensitive areas, with prosecutors seeking to keep Guo, a fierce critic of China's Communist... (continue reading...)

By Howard Schneider

WASHINGTON (Reuters) - Federal Reserve Chair Jerome Powell said in a May 1 press conference he didn't want to talk about economic "hypotheticals," but that's what he and other U.S. central bank officials have shifted towards in discussing monetary policy that has hit an uncertain juncture in the effort to tame inflation.

Dropping what had been explicit guidance about the likelihood of interest rate cuts this year,... (continue reading...)

By Anushree Fadnavis

NEW DELHI (Reuters) - Muslim electric-rickshaw driver Rashid Ahmed is fondly called "Our Modi" in his Delhi neighbourhood for his striking resemblance to Indian Prime Minister Narendra Modi, now seeking a third consecutive term in general elections.

If, as widely expected, Modi wins the polls, which conclude on June 1 with vote-counting set for June 4, he will be only the second person after Indian independence hero... (continue reading...)