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US economic resilience lifts spirits

By Jamie McGeever ORLANDO, Florida (Reuters) -U.S. stocks and bond yields rose on Wednesday on surprisingly strong job growth and service sector data, which suggests the economy is in decent shape and calls into question how much lower the Federal Reserve needs to cut interest ...
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Fed finalizes revised standard for grading big banks

WASHINGTON (Reuters) -The U.S. Federal Reserve announced on Wednesday it had finalized a revised framework for how it grades large banks, which will make it easier for firms to maintain a passing grade. The new framework is similar to a proposal first floated by the ...
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In Election 2025, the economy’s still the main thing, according to the AP Voter Poll

WASHINGTON (AP) - Economic worries were the dominant concern as voters cast ballots for Tuesday's elections, according to preliminary findings from the AP Voter Poll. The results of the expansive survey of more than 17,000 voters in New Jersey, Virginia, California and New York City ...
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Powerful Iowa judge charged with OWI after witnesses say she drove wrong way on highway

IOWA CITY, Iowa (AP) - A powerful Iowa judge has been charged with operating a vehicle while intoxicated after witnesses say she drove the wrong way on a highway Tuesday night while passed out behind the wheel. Adria Kester, chief judge of the state's Second ...
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Chicago daycare worker detained by immigration agents at drop-off time for children

CHICAGO (AP) - An employee of a Chicago daycare center and preschool was detained by immigration agents at work as children were being dropped off Wednesday, according to witnesses, reflecting the Trump administration's increasingly aggressive enforcement tactics. The employee ran from a vehicle into the ...
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Mississippi Democrats appear to break Republican supermajority in state Senate

JACKSON, Miss. (AP) - Mississippi Democrats appear to have broken a Republican supermajority in the state Senate, claiming victories in two Republican-held districts that were redrawn after a court ruled they should have greater representation for Black voters. Unofficial county election results show Democrats leading, ...
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Sherrill says she has a mandate as New Jersey’s next governor and will focus on affordability

TRENTON, N.J. (AP) - New Jersey Gov.-elect Mikie Sherrill said Wednesday she believes she has a mandate to fulfill campaign promises of making the state more affordable, and the Democrat is dialing back on her criticism of Republican President Donald Trump for now. Her ...
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Delaware judge says she will not block Metsera from ending Pfizer deal 

WILMINGTON, Delaware (Reuters) -A Delaware judge said on Wednesday she would reject a request by Pfizer to temporarily block Metsera from terminating its takeover deal with Pfizer, allowing Metsera to proceed instead with a higher $10 billion deal from Novo Nordisk. (Reporting by Tom ...
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Pfizer preparing to raise its bid for Metsera, WSJ reports

(Reuters) -Pfizer is preparing to sweeten its offer again for Metsera, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. (Reporting by Kamal Choudhury in Bengaluru; Editing by Sriraj Kalluvila) Brought to you by www.srnnews.com
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Judge allows Trump administration to reconsider approval for a Massachusetts offshore wind farm

A federal court judge is allowing the Trump administration to reconsider a major federal permit that was granted to a Massachusetts offshore wind farm days before the president's inauguration. Developer SouthCoast Wind said Wednesday it's assessing the decision and next steps, including the pursuit of ...
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DoorDash reports more orders than expected in third quarter, but warns of higher expenses ahead

DoorDash reported higher-than-expected orders and revenue in the third quarter but warned investors that it will be spending significantly more on product development next year. The San Francisco-based delivery company said Wednesday its total orders rose 21% to 776 million in the July-September period. That ...
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Democratic Maine Rep. Jared Golden won’t seek reelection in competitive US House district

PORTLAND, Maine (AP) - Maine Democratic Rep. Jared Golden, who represents one of the most competitive U.S. House districts in the country, said Wednesday he will not seek reelection. Golden was first elected to Congress in 2018 and has carved out a space as a ...
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