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

Euro zone business growth slumped in June as price hikes bite

Euro zone business growth slumped in June as price hikes bite

A shopping cart is pushed down the aisle in this photo illustration taken at Mercator shopping mall in Ljubljana, January 28, 2014. REUTERS/Srdjan Zivulovic Register now for FREE unlimited access to Reuters.com Register LONDON, June 23 (Reuters) – Euro zone business growth has slowed significantly this month – and by much more than expected – … 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

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

Rail strikes set to cripple UK travel network

Rail strikes set to cripple UK travel network

LONDON, June 20 (Reuters) – Britain’s biggest rail strike in 30 years will begin on Tuesday when tens of thousands of staff walk out in a pay dispute that unions warn could lead to coordinated action across other industries. British households are already experiencing the biggest economic squeeze in decades, with surging food and fuel … 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