Town Hall News

By Amy Tennery NEW YORK (Reuters) – Andy Murray knows time is no longer on his side as the 36-year-old conceded that another deep run at a major may not be within his reach after exiting the U.S. Open on Thursday. The 2012 champion put up a tough fight at first against 19th seed Grigor Dimitrov but rapidly lost energy and appeared to have little left in the tank as […]

BRASILIA (Reuters) – Brazil’s government outlined an ambitious plan to rescue its public accounts from deficit which hinges on securing 168.5 billion reais ($34 billion) in extra revenue, according to the 2024 budget bill sent to Congress on Thursday. The proposal forecast that the central government – comprising the Treasury, central bank, and social security – would end next year with a primary surplus of 2.8 billion reais ($565.7 million), […]

By Stephen Culp (Reuters) – A look at the day ahead in Asian markets from Stephen Culp, financial markets journalist. Asian stocks could start September with a choppy session on Friday, as crucial U.S. economic data showed monthly inflation on the wane, a second take on China manufacturing PMI expected to show modest improvement and the U.S. employment report on tap. As investors turn the page to a fresh new […]

By David Shepardson WASHINGTON (Reuters) -Delta Air Lines said on Thursday that it has updated the radio altimeters in its in-service airplane fleet to address potential 5G C-Band interference. Transportation Secretary Pete Buttigieg warned in June that airlines could face operational constraints in bad weather if they had not updated airplanes ahead of a July 1 deadline. Delta had approximately 190 aircraft yet to be outfitted before the July 1 […]

By Erwin Seba HOUSTON (Reuters) -U.S. crude oil prices gained more than $2 a barrel on Thursday, rising for a third month in row, on expectations that cuts by the OPEC+ group of oil producing nations, led by Saudi Arabia, would continue through the end of 2023. Brent crude futures for October expired up $1, or 1.2%, at $86.86 a barrel. The more active November contract gained $1.59, or 1% […]

(Reuters) – Dell Technologies beat quarterly revenue expectations on Thursday, as it benefited from the artificial intelligence (AI) boom and stabilizing demand for computer hardware and server products after a months-long slump. Shares of the Round Rock, Texas-based company rose 5% in extended trading. The results are the latest sign that a downturn in tech spending could be drawing to a close after major networking equipment provider Cisco also beat […]

By Alexandra Valencia QUITO (Reuters) -Two car explosions targeted at Ecuador’s prisons agency SNAI may have been set as a response to government security operations at prisons this week, President Guillermo Lasso and a top security official said on Thursday. The explosions overnight in the capital – one at a building formerly used by SNAI and another still in use by the agency – caused some exterior damage to the […]

(Reuters) – The S&P 500 ended lower and the Nasdaq higher on Thursday after U.S. inflation data matched estimates, underscoring expectations the Federal Reserve could pause its monetary tightening, while Salesforce climbed following an up upbeat forecast. During the session, the Nasdaq reached its highest in four weeks after a Commerce Department report showed the Personal Consumption Expenditures (PCE) price index, considered the central bank’s preferred inflation gauge, climbed 3.3% […]

By Daniel Wiessner (Reuters) – A federal judge in Texas on Thursday temporarily blocked the state’s law limiting public drag performances, in another win for LGBTQ groups challenging similar laws across the country. U.S. District Judge David Hittner in Houston said the law, which was set to take effect on Friday, likely violates performers’ constitutional right to free speech. Hittner blocked the law pending the outcome of a lawsuit filed […]