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Majority of U.S. House backs sweeping semiconductor bill
WASHINGTON (Reuters) - The U.S. House of Representatives on Thursday passed sweeping legislation to subsidize the domestic semiconductor industry as it competes with companies in China and other count...
Jul 28, 2022
Analysis: Potential U.S. recession could feed an already vicious bear market
By Lewis Krauskopf NEW YORK (Reuters) - The prospect of a U.S. recession could mean more pain for battered stocks, despite a recent rebound that has taken the benchmark index to its highest level in m...
Jul 28, 2022
Female prisoners at Indiana jail allege rape, assault after male inmates bribed guard
(Reuters) - Dozens of women prisoners say they were sexually and physically assaulted for hours last year at an Indiana jail after male detainees paid a corrections officer $1,000 for keys to access t...
Jul 28, 2022
U.S. fuel demand remains strong, despite recent data – refiners
By Laura Sanicola (Reuters) - Demand for transportation fuels remains strong despite mixed signals from inventory data collected by the U.S. Energy Information Administration (EIA), U.S. fuelmakers sa...
Jul 28, 2022
Cenovus Energy criticizes Canadian gov’t plans to cut emissions as profits surge
By Nia Williams and Shariq Khan (Reuters) -Cenovus Energy reported a near 11-fold surge in second-quarter profit on Thursday and boosted capital spending and production forecasts, but warned Canadian ...
Jul 28, 2022
Yellen says U.S. economy slowing, but still shows job, spending strength
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen said on Thursday a second quarter contraction of U.S. economic output was a sign of an inevitable slowdown but there was still broad strengt...
Jul 28, 2022
The U.S. economy is shrinking. The Fed’s rate hikes may have only just begun to bite
By Ann Saphir and Lindsay Dunsmuir (Reuters) - The U.S. economy contracted for a second straight quarter, the Commerce Department reported on Thursday, a day after the Federal Reserve raised interest ...
Jul 28, 2022
Kentucky floods kill 3, death toll may reach double digits, governor says
UPDATED 1:58 P.M. (Reuters) -Flooding in eastern Kentucky has caused at least three deaths, Governor Andy Beshear said on Thursday, and the death toll may reach double digits as water continues to ris...
Jul 28, 2022
Comedian Jon Stewart erupts after Republicans vote against military burn pits bill
By Moira Warburton and Rose Horowitch WASHINGTON (Reuters) - Comedian Jon Stewart, an outspoken advocate for military veterans, erupted in anger on Thursday after U.S. Senate Republicans blocked a bil...
Jul 28, 2022
Zoom down for thousands of users – Downdetector.com
(Reuters) - Zoom Video Communications was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. There were nearly 10,000 incidents of people reporting issues ...
Jul 28, 2022
Peoria, IL, USA
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