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US asylum change aims to speed up some rejections at Mexico border May 9, 2024 04:18PM

By Ted Hesson

WASHINGTON (Reuters) - A new U.S. asylum change proposed on Thursday aims to more quickly reject asylum seekers caught illegally crossing the U.S.-Mexico border if they pose certain criminal and national security concerns, a limited move to cut down on crossings.

A proposed regulation would allow asylum officers to deny claims of migrants when there is evidence they should be barred on those grounds, the U.S. Department of... (continue reading...)


SEC probing Boeing's statements on its safety practices, Bloomberg Law reports May 9, 2024 04:12PM

(Reuters) - The U.S. Securities and Exchange Commission is investigating statements made by Boeing Co. about its safety practices after a panel blew out mid-air on a 737 MAX flight operated by Alaska Airlines in January, Bloomberg Law reported on Thursday.

The SEC will look into whether the planemaker or its executives misled investors, in violation of the Wall Street regulator's rules, the report said, citing three people familiar with the... (continue reading...)


Fed's Daly says disinflation still happening, but sees 'considerable' uncertainty May 9, 2024 04:09PM

By Howard Schneider

FAIRFAX, Virginia (Reuters) - There is "considerable" uncertainty about where U.S. inflation will head in coming months, San Francisco Federal Reserve President Mary Daly said on Thursday, while adding she still has faith that price pressures are continuing to ease.

"What the last three months of data have done is widen the confidence bands back out. There's considerable ... uncertainty about what the next few months... (continue reading...)


US to determine cause of Southwest, FedEx jetliners near-miss incident May 9, 2024 04:04PM

By David Shepardson

WASHINGTON (Reuters) - The National Transportation Safety Board will hold a June 6 hearing to determine the probable cause of a February 2023 near- miss incident involving a FedEx cargo plane and a Southwest Airlines jet in Austin, Texas.

The two planes nearly collided when the FedEx Boeing 767 was forced to fly over the Southwest jet to avoid a crash in poor visibility conditions. It was one of at least half a dozen... (continue reading...)


Peru's poverty rate ticks up for second straight year May 9, 2024 03:36PM

By Marco Aquino

LIMA (Reuters) - Peru's poverty rate rose again last year, official data showed on Thursday, as South America's fourth biggest nation struggles to emerge from a painful recession amid ongoing political turbulence blamed in part for denting the economy.

Some 29% of the population is now classified as impoverished and disproportionately represented in rural villages and towns, according to the Andean country's statistics... (continue reading...)


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