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In new forecasts, Fed appears to bow out of the election cycle Jun 13, 2024 06:07AM

(Reuters) - The U.S. Federal Reserve may have just ducked out of the presidential campaign spotlight with a fresh set of forecasts showing no interest rate cuts are likely until after Election Day.

Central bank policymakers on Wednesday kept their benchmark interest rate unchanged at 5.25%-to-5.50%, where it has been since last July.

They also issued projections showing greater hesitance than before about starting reductions in high... (continue reading...)


Greece closes more ancient tourist sites as heatwave persists Jun 13, 2024 06:07AM

ATHENS (Reuters) - Greece shut more ancient tourist sites in Athens on Thursday and elderly people took refuge at designated air-conditioned spots as the first heatwave of the summer persisted for a third day.

The famous Acropolis, set on a rocky hill overlooking the capital, and other nearby tourist attractions were closed on Thursday afternoon as winds from North Africa pushed temperatures towards 43 degrees Celsius (109 degrees Fahrenheit).

... (continue reading...)
Republicans hope for unity message in Trump visit to Congress Jun 13, 2024 06:06AM

By David Morgan

WASHINGTON (Reuters) - Republicans hope that a pair of visits from former President Donald Trump on Thursday will bring unity to their sometimes bitterly divided caucuses in the Senate and House of Representatives, as the party heads toward the Nov. 5 election.

Trump is due to meet with House Republicans Thursday morning and have lunch with Senate Republicans, aiming to coordinate campaign strategies to deliver a... (continue reading...)


Analysis-Roaring Kitty's predictions for GameStop are mostly unfulfilled Jun 13, 2024 06:05AM

By Suzanne McGee

(Reuters) - When Keith Gill appeared on a YouTube video in the summer of 2020 to discuss GameStop, he argued that the company's future was far rosier than the market expected. Nearly four years later, he remains bullish, even if most of his key predictions have gone unfulfilled. 

The stock influencer, who uses the moniker Roaring Kitty, has again made an argument for GameStop after a long absence from social media,... (continue reading...)


Ukraine to sign security agreements with Japan and US at G7 Jun 13, 2024 06:05AM

KYIV (Reuters) - Ukraine's President Volodymyr Zelenskiy said he would sign a security agreement with Japan as well as one with the United States at the Group of Seven summit in Italy on Thursday.

The United States and Japan would be the last two G7 nations to sign such agreements, which pledge long-term support as the war in Ukraine continues with no end in sight more than 27 months since Russia's invasion.

A U.S. official had already... (continue reading...)


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