Wall Street posts solid gains, aces defensives, tech shine

Wall Street posts solid gains, aces defensives, tech shine

Energy, cyclical sectors lag Lower bond yields support technology, growth stocks US business activity slows considerably in June-survey Indexes up: Dow 0.64%, S&P 0.95%, Nasdaq 1.62% June 23 (Reuters) – Wall Street’s main indexes posted solid gains on Thursday, fueled by strong performance from defensive and tech shares that outweighed declines for economically sensitive groups … Read more

US Fed says banks can weather severe downturn comfortably

US Fed says banks can weather severe downturn comfortably

WASHINGTON, June 23 (Reuters) – The largest US banks would remain well capitalized in the event of a severe economic shock, the US Federal Reserve said on Thursday after the lenders’ annual health check, paving the way for them to issue share buybacks and dividends. The 34 lenders with more than $100 billion in assets … Read more

US labor market remains tight; business activity slowing

US labor market remains tight;  business activity slowing

Weekly jobless claims fall 2,000 to 229,000 Continuing claims increase 5,000 to 1.315 million Business activity slows in June; new orders plummet WASHINGTON, June 23 (Reuters) – The number of Americans filing new claims for unemployment benefits edged down last week as labor market conditions remained tight, though a slowdown is emerging amid high inflation … Read more

Factbox: Health emergencies: WHO’s highest form of alert

Factbox: Health emergencies: WHO's highest form of alert

LONDON, June 23 (Reuters) – World Health Organization (WHO) experts meet on Thursday to evaluate whether monkeypox constitutes an international emergency, its highest form of alert. read more Only six such emergencies have previously been declared: COVID-19 (2020), the Ebola outbreak in Democratic Republic of Congo (2019), Zika virus (2016), polio (2014), West Africa’s Ebola … Read more

Law schools are offering undergrad degrees in emerging legal education trend

Law schools are offering undergrad degrees in emerging legal education trend

People walk on an empty University of Southern California in Los Angeles, August 17, 2020. REUTERS/Lucy Nicholson Register now for FREE unlimited access to Reuters.com Register Three law schools, including USC, to offer a bachelor’s degree in law this fall The University of Arizona’s law school in 2014 was the first to launch an undergraduate … Read more

Fifty years since Title IX, the world of women’s sports is transformed

Fifty years since Title IX, the world of women's sports is transformed

NEW YORK, June 22 (Reuters) – Half a century since passage of the landmark US Title IX law, Olympians and trailblazers say the legislation profoundly transformed global sport for women. The law passed June 23, 1972, requires US education programs that receive federal funding to provide equal opportunities for participation – including for all sports. … Read more

Explainer: Explainer: Why swimming’s transgender ruling is important to the sports world

Explainer: Explainer: Why swimming's transgender ruling is important to the sports world

Water Polo – FINA Women’s Water Polo World League Super Final 2021 – Semi Final – USA v Russia – Olympic Indoor Pool, Athens, Greece – June 18, 2021 General view during the match REUTERS/Costas Baltas Register now for FREE unlimited access to Reuters.com Register June 19 (Reuters) – World swimming’s governing body FINA on … Read more