U.S. Supreme Court Spurns Bid To Keep Landmark Same-sex Marriage Trial Video Sealed
The U.S. Supreme Court on Tuesday turned away a bid by gay-marriage opponents to block the public release of video of a watershed 2010 trial in California that overturned a voter-approved ban on gay nuptials in America's most populous state.
New Biden Labor Rule Would Make Some Contractors Employees
The U.S. Department of Labor proposed a rule on Tuesday that would make it more difficult for companies to treat workers as independent contractors, a change that is expected to shake up the business models of the ridesharing, delivery and other industries that rely on gig workers.
U.S. Supreme Court Backs Republican In Pennsylvania Ballots Case
The U.S. Supreme Court on Tuesday sided with an unsuccessful Republican candidate for a judgeship in Pennsylvania and threw out a lower court's ruling that had allowed the counting of mail-in ballots in the race that he had sought to exclude because voters neglected to write the date on them.
IMF Cuts Asia's Growth Forecasts, Warns Of Strong Dollar Strains
The International Monetary Fund cut Asia's economic growth forecasts on Tuesday, with rising inflation forcing many central banks to tighten monetary policy even as exports face the brunt of slowing growth in trade partners such as the United States.
Wall St Set For Muted Open As Economic Worries Curb Risk Appetite
U.S. stock indexes were set for a subdued open on Tuesday as investors assessed the economic impact of aggressive rate hikes, escalating Russia-Ukraine war and China ramping up COVID-19 measures.
IMF Cuts 2023 Growth Outlook Amid Colliding Global Shocks
The International Monetary Fund on Tuesday cut its global growth forecast for 2023 amid colliding pressures from the war in Ukraine, high energy and food prices, inflation and sharply higher interest rates, warning that conditions could worsen significantly next year.
Explainer-Why Germany's Stance On Joint EU Debt Matters To Investors
Signs that the European Union may jointly fund the bloc's response to the energy crisis would mark the next milestone on the path towards permanent joint debt sales in the bloc.
Yellen Calls On G20 To Boost Aid For Food Insecurity, Offers Debt Freeze
U.S. Treasury Secretary Janet Yellen urged Group of 20 finance and agriculture ministers on Tuesday to take urgent steps to help the 70 million people at risk of acute food insecurity as a result of Russian President Vladimir Putin's war in Ukraine.
UK Top Court Will Take 'Months' To Decide Scottish Referendum Case
The United Kingdom Supreme Court said on Tuesday it would take months to reach a decision on whether the Scottish government can hold a second referendum on independence next year without approval from the British parliament.
Energy Crisis Could Cut Europe's Car Output Nearly 40% - S&P Global Mobility
Auto forecaster S&P Global Mobility warned on Tuesday that, under a worst case scenario, Europe's energy crisis could cut its car production by close to 40%, or more than 1 million vehicles, per quarter through the end of 2023.
Fire-fighting Bank Of England Forced To Buy Inflation-linked Bonds
The Bank of England again sought to stem a sharp sell-off in Britain's 2.1 trillion pound ($2.3 trillion) government bond markets on Tuesday, expanding its emergency buying to inflation-linked debt.
Britons Turn To Electric Blankets And Candles As Winter Looms
British shoppers are stocking up on electric blankets, candles and energy-efficient slow cookers as surging gas bills and record food price inflation force millions of people to prepare for a tough winter ahead.
Japanese Foreign Currency Deposits Rise At Fastest Rate Since 2015
Japanese retail foreign currency deposits have jumped this year as local investors switch out of a weakening yen and zero-yielding local bond markets and into overseas markets with rising yields.
Film On Murdered Teen 'Till' Focuses On Mother-son Love
Emmett Till's murder and the acquittal of his killers became a landmark case in the American civil rights movement due to the brutality of his death and injustice that followed, but "Till" director Chinonye Chukwu takes a somewhat different angle.
Delta Air Invests $60 Million, Takes Stake In Air Taxi Startup Joby Aviation
Delta Air Lines said Tuesday it invested $60 million in air taxi startup Joby Aviation for a 2% equity stake, in a partnership that will initially offer passengers air taxi transport to and from airports in New York and Los Angeles.
GM Takes On Tesla In Home And Commercial Energy Storage, Management
General Motors Co is expanding beyond car making, with plans to offer energy storage and management services to residential and commercial customers through its new GM Energy unit in a move that puts it in even greater competition with Tesla Inc.
FedEx's Reduced Holiday Forecast No Surprise To Skeptical Contractors
FedEx Corp stunned investors last week by signaling that it was bracing for a further decline in the number of e-commerce packages it will handle in the year-end holiday season.
Germany's Scholz Urges Unity To Ease Winter Energy Pain
Germany can weather a winter energy shortage caused by Russia's invasion of Ukraine provided companies and households pull together, the German chancellor said on Tuesday before European Union ministers meet again on the energy crisis.
Atlantic Basin Diesel Refining Margins Hit Record As French Strikes Drag On
Diesel refining margins in both Europe and the United States have hit all-time highs as strikes at French refineries exacerbate a global shortage of distillate fuels.
U.S. Not Expecting Any Big Breakthroughs On Debt Issues This Week -Treasury Officials
U.S. Treasury Secretary Janet Yellen views debt restructuring as a key priority, but senior Treasury officials said they do not expect any major breakthroughs on debt matters at this week's meetings of the International Monetary Fund and World Bank.
French Government Ready To Intervene To Lift Refineries Blockade
The French government said on Tuesday it stood ready to intervene to end a weeks-long oil refineries strike that has left a third of the country's fuel stations running low and exacerbated a global shortage of distillates.
U.S., Allies Aim To Continue Hammering Russia Over Its 'Egregious' War In Ukraine -officials
Western governments plan to ratchet up pressure on Russia over its war in Ukraine, underscoring continued support for Ukraine when finance officials from around the world gather in Washington this week, senior U.S.
FBI Agent Who Probed Oath Keepers' Role In Jan. 6 Capitol Riot To Testify In Trial
An FBI agent will testify on Tuesday in the trial of the founder of the anti-government Oath Keepers group and four others accused of plotting to use force on Jan.
U.S. Supreme Court Mulls Line Between Art And Theft In Warhol Case
The U.S. Supreme Court is set to ponder in a case centering on paintings by the late artist Andy Warhol a question as philosophical as it is legal: what is the line between art and copyright theft when artwork is inspired by other material? .
Exclusive-U.S. Finds New Quality Problems At Lilly Drug Factory
U.S. drug inspectors recently recorded several new quality- control problems at an Eli Lilly and Co plant that is already the subject of a federal investigation over manufacturing lapses, according to a government report reviewed by Reuters.
Monte Dei Paschi Puts Finishing Touches To $2.4 Billion Share Sale -sources
Monte dei Paschi di Siena is closing in on a guarantee contract with a group of banks which will enable its new share issue to be approved at a board meeting later on Tuesday, three people with knowledge of the matter said.
West Bank Violence Burns As Israeli Election Nears
In the alleyways of the Old City of Nablus, posters commemorating young men killed in clashes with Israeli forces are everywhere, an unavoidable reminder of the escalating violence in the occupied West Bank over recent months.
Explainer-Scottish Independence: Could There Be Another Referendum?
The UK Supreme Court begins two days of hearings on Tuesday to consider whether the Scottish government can pass legislation allowing it to hold a second independence referendum without the approval of the British government.
Ukraine Grain Backlog Prompts U.N. Call For Faster Ship Checks
With nearly 100 grain-laden ships reaching towards the horizon off Istanbul, the U.N.
Iran Toughens Crackdown As Some Oil Workers Reported To Join Protests
Iranian security forces intensified a crackdown on anti-government protests in several Kurdish cities on Monday, as demonstrations elsewhere in Iran spread into the country's vital energy sector.