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Waller says risks in US tilted towards high inflation

WASHINGTON, July 6 (Reuters) - U.S. Federal Reserve Governor Christopher Waller said on Monday that high inflation is the chief risk facing the Fed given a labor market that remains stable. "A year ago I was advocating for rate cuts ...
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Former Afghan ally who died in ICE custody suffered an allergic reaction, death certificate says

An Afghan national who fought alongside U.S. forces died from an allergic reaction while in the custody of Immigration and Customs Enforcement, one day after he was detained for deportation proceedings, his death certificate shows. Mohammad Nazeer Paktiawal, 41, suffered ...
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Photos of Balogun’s red-card foul at center of FIFA controversy to lift US striker’s suspension

FIFA's decision to lift the automatic suspension of U.S. forward Folarin Balogun has caused an uproar. Balogun was red-carded against Bosnia-Herzegovina last week in the round of 32 but shockingly cleared to play against Belgium on Monday in Seattle ...
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Wall St opens higher as chip shares recover

July 6 (Reuters) - Wall Street's main indexes opened higher on Monday, extending last week's rally as chip stocks rebounded, while investors looked ahead to central bank minutes and the start of the second-quarter earnings season later in the ...
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Microsoft cuts 4,800 jobs, including many at Xbox in a ‘reset’ of its gaming division

REDMOND, Wash. (AP) - Microsoft is cutting 4,800 jobs, about 2.1% of its global workforce, including a large number of workers at its Xbox video game business. The layoffs included 1,600 Xbox workers, with more to come this year in ...
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US service sector growth dips in June; employment rebounds after months of contraction

WASHINGTON, July 6 (Reuters) - U.S. services sector activity dipped in June as some of the boost from businesses rushing to place orders amid the Middle East war ebbed, but employment rebounded after contracting for three straight months, pointing ...
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Illinois Quick Hits: Woman sentenced for voting twice

(The Center Square) - A Hoopeston woman has been sentenced to three years of probation and ordered to pay a $2,500 fine for voting twice in a federal election. ...
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Embattled state lawmaker resigns after investigation into ‘unethical’ behavior

(The Center Square) - After two days of calls for his resignation by Democrat leaders, embattled Illinois state Rep. Harry Benton, D-Plainfield, stepped down. ...
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Mourners throng funeral procession in Tehran for Iran’s Supreme Leader Ayatollah Ali Khamenei

TEHRAN, Iran (AP) - Mourners dressed in black flooded into Iran's capital Monday for a procession as part of the funeral of the late Supreme Leader Ayatollah Ali Khamenei, with throngs of people calling for the death of U.S. ...
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Analysis-US back-to-school bargain hunt starts early as higher bills pressure families

By Juveria Tabassum July 6 (Reuters) - American families are diving into back-to-school deals earlier than ever this year, snapping up discounts on backpacks, electronics and other school essentials even as higher food and gas prices leave many feeling stretched. Amazon.com, ...
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Is AI ready to take over your prescriptions? Doctors are wary of Utah’s automated refill program

WASHINGTON (AP) - A prescription refill program that quietly launched in Utah earlier this year has kicked off a big medical debate: Is artificial intelligence ready to take over tasks that, until now, could only be performed by doctors? The ...
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Supreme Court ruling may wipe out Democrats’ cash advantage in Senate battlegrounds

By Nolan D. McCaskill WASHINGTON, July 6 (Reuters) - U.S. Senator Jon Ossoff of Georgia is a fundraising juggernaut, raising more than $81 million so far this cycle and holding nearly $33 million in campaign cash, or $30 million more ...
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