Economic News

WASHINGTON (Reuters) – Nine more U.S. states on Monday joined a civil antitrust lawsuit filed earlier by the Justice Department against Alphabet Inc’s Google for allegedly monopolizing multiple digital advertising technology products, the department said.

By Kanishka Singh WASHINGTON (Reuters) – The social and political climate in the United States has become fertile ground for antisemitism in recent years, according to a report released on Monday by advocacy group Anti-Defamation League and the Tel Aviv University.

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever.

NEW YORK (Reuters) – Apple Inc is seeking to attract U.S. savers with a new high-yield deposit account it announced on Monday with partner Goldman Sachs Group Inc amid increased competition among financial institutions for consumer dollars.

SANTIAGO (Reuters) – Aurubis AG, Europe’s largest copper smelter and producer, no longer buys the red metal from Russia after it let supply contracts lapse, its CEO told Reuters on Monday.

(Reuters) – J.B. Hunt Transport Services Inc reported lower-than-expected quarterly earnings on Monday, hurt by weak shipping demand, high driver wages and maintenance expenses.

By Alexandra Valencia QUITO (Reuters) – The defense representing Ecuador President Guillermo Lasso has asked lawmakers to declare impeachment hearings against him inadmissible, arguing that the embezzlement of which he is accused did not take place, the president’s lawyer said on Monday.

By Blake Brittain (Reuters) – Grunge music pioneers Soundgarden and Vicky Cornell, the widow of lead singer Chris Cornell, have settled a legal dispute over the late singer’s unreleased recordings, according to a joint post from their Instagram accounts on Monday.

By Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden is running again, he and White House officials insist, he’s just not ready to announce it yet.

(Reuters) – Asset manager BlackRock Inc plans to start sale of securities of the banks that collapsed in March, Bloomberg News reported on Monday citing emails.

By Wayne Cole SYDNEY (Reuters) – Asian stocks opened cautiously on Monday as U.S. earnings season gets into full swing, while a raft of Chinese data will offer insight into how the world’s second-largest economy is recovering.

By Katharine Jackson WASHINGTON (Reuters) – Democratic U.S. Senator John Fetterman returned to work on Monday after weeks of treatment for depression, bringing a crucial vote back to a Senate narrowly controlled by Democrats.

By Hyonhee Shin SEOUL (Reuters) – South Korea, the United States and Japan will stage joint naval missile defence exercises on Monday as they push for greater security cooperation to better counter North Korea’s evolving missile threats, Seoul’s navy said.

By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Monday declined to hear an appeal from a Texas inmate convicted of robbery who argues that the 27 years he was forced by prison officials to spend in solitary confinement violated the constitutional bar against “cruel and unusual.”

By Jody Godoy and Helen Coster (Reuters) – Fox Corp shareholders are demanding company records that may show whether directors and executives properly oversaw Fox News’ coverage of former President Donald Trump’s election-rigging claims, sources told Reuters, in what could be a prelude to lawsuits seeking

By David Randall NEW YORK (Reuters) – Investors are awaiting earnings reports from consumer discretionary companies in coming weeks for a read on how the U.S. economy is faring amid persistently high inflation and the Federal Reserve’s most aggressive rate hiking cycle since the 1980s.

(Reuters) – Charles Schwab Corp beat first-quarter profit estimates as rate hikes by the Federal Reserve boosted the financial services provider’s interest income, even as it struggled with a decline in deposits from the U.S. banking crisis last month.

JERUSALEM (Reuters) – Israeli President Issac Herzog called for national unity at the opening ceremony for Israel’s annual Holocaust memorial day on Monday as the nation remained deeply divided over plans by the far-right government to implement a judicial overhaul.

(Reuters) – U.S. stock index futures were largely flat on Monday as investors awaited more bank earnings and views from Federal Reserve policymakers that could shape expectations around when the central bank will pause its monetary policy tightening.

By Huw Jones LONDON (Reuters) – Stock exchanges and asset managers have squared off ahead of European Union negotiations this week over how much information investors should be given to find the best deals on Europe’s fragmented stock markets.