The technology industry is bracing for the uncomfortable possibility of having to hand over pregnancy-related data to law enforcement, in the wake of the U.S. Supreme Court's decision on Friday to overturn the Roe v. Wade precedent that for decades guaranteed a woman's constitutional right to an abortion.
Emerging market shares rose on Friday as
investors started to scale back bets on the extent of monetary
policy tightening by major central banks, while Mexico's peso
extended gains to a sixth ...
- Wall Street's main indexes soared on Friday in a broad rally as signs of slowing economic growth and a recent pullback in commodity prices tempered expectations for the Federal Reserve's rate-hike plans. The S&P 500 rose over 3% for its biggest one-day percentage rise since May 2020.
Latin America's leaders have pulled no punches in the battle against inflation. While the world grapples with rising food and fuel prices linked in part to Russia's invasion of Ukraine, Latin America stands out. The resource-rich region's struggle to tamp down prices, despite the aggressive tightening of monetary policy, sends a warning globally about how tough inflation busting will be.
Deutsche Bank AG is updating its U.S. healthcare policy to cover travel costs for any medical procedure, including abortion, that is not offered within 100 miles of an employees' home, according to a source familiar.
Mexican President Andres Manuel Lopez Obrador said on Friday that during a planned visit to Washington next month he would propose to his U.S. counterpart Joe Biden that they craft a joint anti-inflationary plan to tackle surging prices.
U.S. energy firms this week added oil and natural gas rigs for a second week in a row, in a record 23-month streak of increases, as high crude prices and prodding by the government prompted drillers to return to the wellpad.
By Mark Weinraub. U.S. soybean futures rose on Friday, snapping a streak of four negative sessions, on a round of bargain buying and short covering, traders said. "Prices appear to have stabilized at current levels," Tomm Pfitzenmaier, analyst for Summit Commodity Brokerage, said in a note to clients.
* U.S. stocks sharply higher early. * Copper falls again, oil higher. * Treasury yields edge up. By Caroline Valetkevitch. Stocks on global markets jumped on Friday, with Wall Street up more than 2% and the MSCI global index set for a weekly gain after three straight weeks of declines, as sliding commodity prices eased worries about inflation.
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