Declines

Judge Declines To Recuse From Trump 2024 Ballot Case Over Donation To Anti-GOP PAC

Judge Declines To Recuse From Trump 2024 Ballot Case Over Donation To Anti-GOP PAC Katelynn Richardson on October 30, 2023 The Colorado judge overseeing the case seeking to remove former President Donald Trump from the state’s 2024 ballot declined to recuse over her donation to an anti-GOP political action committee (PAC) launched in response to Jan. 6. The lawsuit, filed by the left-wing donor backed organization Citizens for Responsibility and Ethics in Washington (CREW) in September, seeks to remove Trump from the ballot under Section 3 of the 14th Amendment, alleging he took an oath to the Constitution and then

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US small business sentiment declines moderately -NFIB

By Amina Niasse NEW YORK (Reuters) – U.S. small business sentiment declined slightly again in September on continued concern over inflation and persistent labor shortages, a survey published on Tuesday showed. The Small Business Optimism Index fell half a point last month to 90.8, according to the National Federation of Independent Business (NFIB). The index in September also remained below its 49-year average of 98 points for the 21st-straight month. September’s report was similar in tone to the one for August, which saw the first dip in optimism since April with businesses noting a tight labor market and inflation as

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Polish factory downturn strong in Sept, but declines soften -PMI

WARSAW (Reuters) – Poland’s manufacturing sector remained in a severe downturn in September although there were signs of softer declines in several key measures, a survey showed on Monday. S&P Global’s Polish manufacturing Purchasing Managers’ Index (PMI) rose to 43.9 in September from 43.1 in August, remaining below the 50.0 line that separates growth from contraction for the 17th consecutive month. Analysts polled by Reuters had expected a rise to 43.7. “The latest survey data raised hopes that Poland’s steep manufacturing downturn since mid-2022 had passed the worst phase,” said Trevor Balchin, Economics Director at S&P Global Market Intelligence. “That

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Japan’s factory activity extends declines in September – PMI

TOKYO (Reuters) – Japan’s factory activity fell at the fastest pace in seven months in September, a survey showed on Monday, as worsening global economic conditions continued to weaken demand. The final au Jibun Bank Japan manufacturing purchasing managers’ index (PMI) fell to 48.5 in September from 49.6 in August and roughly in line with the flash reading of 48.6. The index has remained below the 50.0 point threshold that separates growth from contraction for four straight months. Output in September was the lowest since June while the decline in new orders was the steepest since February, S&P Global Market

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Canada’s Trudeau wants India to cooperate in murder probe, declines to release evidence

By Michelle Nichols NEW YORK (Reuters) -Canadian Prime Minister Justin Trudeau on Thursday called on India to cooperate with an investigation into the murder of a Sikh separatist leader in British Columbia and said Canada would not release its evidence. Trudeau said on Monday that Ottawa had credible allegations linking Indian government agents to the murder of Hardeep Singh Nijjar in June, prompting an angry reaction from New Delhi. Nijjar, 45, was a Canadian citizen. The Canadian government has amassed both human and signals intelligence in a months-long investigation into the Sikh separatist leader’s murder, CBC News separately reported on

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Arm Holdings shares extend declines, down fourth session in a row

By Caroline Valetkevitch and Lewis Krauskopf NEW YORK (Reuters) – Shares of Arm Holdings fell for a fourth straight session on Wednesday after the chip designer’s stellar market debut last week, with short seller interest picking up. The stock hit a low of $52.24, roughly 2% above the $51 initial public offering price in this year’s biggest listing last Thursday. The shares were last down 4.2% at $52.85. Grocery delivery app Instacart went public on Tuesday and marketing automation company Klaviyo opened on Wednesday 22.5% above its IPO price. Shares of Instacart, formally known as Maplebear, were last down 5.9%

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Missouri Judge Declines To Block Law Restricting Sex Change Procedures On Minors

Missouri Judge Declines To Block Law Restricting Sex Change Procedures On Minors Arjun Singh on August 25, 2023 A state judge in St. Louis, Missouri declined on Friday to block a new law that bans sex change procedures on minors set to go into effect on Monday. Republican Gov. Mike Parson of Missouri signed into law Senate Bill 49 on June 7, which would ban doctors in the state from performing “gender transition” surgeries on minors or prescribing hormonal treatments to minors to alter their sexual characteristics. After the bill was challenged in court by left-wing groups such as Lambda

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Trump-Appointed Judge Declines To Block Florida Law Banning Chinese Nationals From Owning Property

Trump-Appointed Judge Declines To Block Florida Law Banning Chinese Nationals From Owning Property Katelynn Richardson on August 17, 2023 A federal judge in Florida declined Thursday to block the state’s law restricting Chinese nationals from purchasing certain land and property within the state. U.S. District Court Judge for the Northern District of Florida Allen Winsor, a Trump appointee, declined to issue a preliminary injunction blocking the law while the lawsuit is pending, finding the plaintiffs were not likely to succeed on their claims. A group of Chinese citizens living in Florida, backed by the American Civil Liberties Union (ACLU) and

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‘I’ll Let It Be Known’: Trump Declines To Say If He Will Attend GOP Debate

‘I’ll Let It Be Known’: Trump Declines To Say If He Will Attend GOP Debate Harold Hutchison on August 9, 2023 Former President Donald Trump did not say if he would attend an Aug. 23 debate sponsored by the Republican National Committee during a Wednesday interview. “You’re not going to that debate, are you?” Newsmax host Eric Bolling asked Trump. Republican Gov. Ron DeSantis of Florida and businessman Vivek Ramaswamy both announced they would be at the debate, which will be held in Milwaukee, by signing a pledge to back the Republican nominee. “I’ll let it be known next week,

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Bumble declines as higher expenses fan concerns about Tinder competition

(Reuters) – Bumble shares fell 4% on Tuesday after the dating app owner forecast lackluster third-quarter revenue and posted a jump in expenses, sparking fears that stiff competition with Tinder-owner Match was affecting its business. The operator of Bumble, Badoo, and Fruitz apps said its total operating costs rose more than 7% in the June quarter as it spent more on product development and marketing. “As Tinder begins to spend more on marketing efforts, one thing to follow (at Bumble) will be the increase in user acquisition costs,” said Nicholas Cauley, analyst at research firm Third Bridge, adding that he expected

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Exclusive-US declines to invoke prisoner of war status for Travis King

By Phil Stewart WASHINGTON (Reuters) – The United States has declined so far to classify Army Private Travis King as a prisoner of war, despite his being taken into North Korean custody after he crossed into the country last month, four U.S. officials told Reuters. The decision, which could mean King is not covered by the protections entitled to prisoners of war under the Geneva Convention, is highly sensitive for the U.S. military given its commitment to leave no soldier behind enemy lines. How to classify the 23-year-old, who dashed across the heavily guarded border during a civilian tour of

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Florida Judge Declines To Toss Lawsuit Challenging Disney’s Last-Minute Effort To Maintain Self-Governing Status

Florida Judge Declines To Toss Lawsuit Challenging Disney’s Last-Minute Effort To Maintain Self-Governing Status Katelynn Richardson on July 28, 2023 A Florida state judge declined to toss a lawsuit challenging Disney’s last-minute effort to skirt the state legislature and maintain its self-governing status through an agreement it made with the prior board overseeing Walt Disney World. Disney entered into agreement with the Reedy Creek Improvement District (RCID), which had authority over the park, on Feb. 8, 2023 — just days before the state legislature approved a bill reforming RCID’s structure to strip Disney’s self-governing status. The Central Florida Tourism Oversight

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Exclusive-China’s state banks seen selling dollars offshore to slow yuan declines – sources

SHANGHAI (Reuters) – China’s major state-owned banks were seen selling dollars to buy yuan in the offshore spot market in early Asian trades on Thursday, two people with direct knowledge of the matter said. Such state bank dollar selling was meant to slow the pace of yuan declines, one of the sources said. China’s central bank on Thursday also announced a relaxing of a cross-border financing rule, making it easier for domestic firms to raise funds from overseas markets and easing depreciation pressure on the yuan currency. China’s offshore yuan strengthened more than 0.7% to a high of 7.1812 per

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JPMorgan, Wells Fargo expect deposits to extend Q2 declines

By Saeed Azhar and Nupur Anand NEW YORK (Reuters) – Deposits at U.S. banking giants including JPMorgan and Wells Fargo are expected to extend their second-quarter decline as consumers keep spending and moving their money in search of higher yields. “We do expect deposits to come down,” Wells Fargo chief financial officer Mike Santomassimo told reporters on an earnings conference call on Friday. The lender’s average deposits fell 7% to $1.3 trillion at the end of June, “reflecting consumer deposit outflows on consumer spending, as well as customer migration to higher yielding alternatives,” it reported in second-quarter results. At JPMorgan,

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Japan finance minister declines to rule out any options on weak yen

By Tetsushi Kajimoto TOKYO (Reuters) – Japan will not rule out any options in responding to currency market moves that become excessive, Finance Minister Shunichi Suzuki said on Thursday, firing off a fresh warning and adding that one-sided, unstable yen moves were undesirable. The comments come amid market speculation that authorities could intervene again to support the yen if it goes past a psychological threshold of 145 to the dollar. “We are watching the currency moves even more closely,” Suzuki told reporters, while declining to comment on currency levels. Japanese authorities are on the edge as a weaker currency boosts

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SCOTUS Declines Christian College’s Appeal Against Biden Rule On Transgender Housing

SCOTUS Declines Christian College’s Appeal Against Biden Rule On Transgender Housing Katelynn Richardson on June 20, 2023 The Supreme Court declined to hear a Christian college’s appeal in its lawsuit challenging the Biden administration’s rule on transgender housing. Last year, the Eighth Circuit Court of Appeals declined to block a U.S. Department of Housing and Urban Development (HUD) directive on transgender housing that the College of the Ozarks argued “requires private religious colleges to place biological males into female dormitories and to assign them as females’ roommates,” finding the college lacked standing to bring the lawsuit. In an unsigned order

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Supreme Court Declines To Take Case Accusing Reddit Of Profiting From Child Sexual Abuse

Supreme Court Declines To Take Case Accusing Reddit Of Profiting From Child Sexual Abuse Katelynn Richardson on May 30, 2023 The Supreme Court left in place a lower court ruling Tuesday that protects Reddit from liability for child [censored]ography posted on its platform. Child [censored]ography victims sued Reddit in 2021 for turning “a blind eye” to child sexual abuse on its platform, arguing the company profits from child sexual abuse it knowingly allows to occur on its website in violation of the Trafficking Victims Protection Act. The justices left in place the Ninth Circuit’s ruling on Tuesday, which held that

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Fed’s Williams declines to connect monetary policy outlook to neutral rate view

NEW YORK (Reuters) – New York Fed president John Williams declined on Friday to connect the current monetary policy outlook to new work of his that reconfirms major economies are still in a fundamentally low interest rate world. “I’m not going to opine on what monetary policy should or should not do” in light of the likelihood the rate of interest that neither holds back or stimulates the economy remains low even after the impact of the coronavirus pandemic is factored in, Williams said at a conference at the Federal Reserve. (Reporting by Michael S. Derby)

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Supreme Court Declines To Block Illinois Gun Law

Supreme Court Declines To Block Illinois Gun Law Katelynn Richardson on May 17, 2023 The Supreme Court denied the National Association for Gun Rights’ request for an emergency injunction against Illinois’ “assault weapons” ban. Illinois passed a ban on semiautomatic firearms and magazines with a capacity greater than 10 rounds for long guns and 15 rounds for handguns in January, shortly after the City of Naperville’s similar ban on the sale of “assault weapons” took effect, prompting swift legal action from gun store owners and gun rights groups. The National Association for Gun Rights, along with a gun shop owner, filed

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Gavin Newsom Declines To Endorse California’s Reparations Plan

Gavin Newsom Declines To Endorse California’s Reparations Plan Ailan Evans on May 10, 2023 Democratic California Gov. Gavin Newsom stopped short Tuesday of fully endorsing California’s reparations plan in a statement to the Daily Caller News Foundation, instead praising the state’s reparations panel for its recommendations. California’s Reparations Task Force on Saturday approved an $800 billion reparations proposal, to be sent to the legislature, that includes up to $1.2 million in payments for black Californians. Newsom, who signed legislation approving the creation of the task force, told the DCNF that, while he approved of the committee’s work, reparations were “much

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University Of Georgia Football Team Declines Invitation To White House Celebration

University Of Georgia Football Team Declines Invitation To White House Celebration Mary Lou Masters on May 9, 2023 The University of Georgia’s (UGA) football team declined an invitation to the White House after winning their second national title in a row, a spokesman announced Tuesday. President Joe Biden invited the team to celebrate their win among other NCAA champions from the 2022 – 2023 season on June 12 for “College Athlete Day.” UGA’s athletic association released a statement Tuesday stating that the team wouldn’t be available for the visit, citing a scheduling conflict. “The University of Georgia first received on

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ECB’s Schnabel sees more rate hikes until core inflation declines too

FRANKFURT (Reuters) – The European Central Bank will keep raising borrowing costs until it sees core inflation decline sustainably, ECB board member Isabel Schnabel said on Tuesday, adding market expectations for rate cuts were misplaced. Schnabel backed the ECB’s decision last week to slow down the pace of rate hikes but said these will continue until it sees a sustained fall in core prices, which typically exclude food and energy due to their wild swings. “Based on today’s data, there is no doubt that we have to do more to bring inflation back to our 2% target in a timely

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Supreme Court Declines To Hear Challenge To Indiana Abortion Law

Supreme Court Declines To Hear Challenge To Indiana Abortion Law Katelynn Richardson on May 1, 2023 The Supreme Court declined Monday to hear an abortion clinic’s challenge to an Indiana law that required clinics to bury or cremate the remains of aborted or miscarried unborn babies. The law, which was signed in 2016 by former Vice President Mike Pence while he was Indiana governor, was intended to ensure the “respectful disposition of human remains,” according to Indiana Attorney General Todd Rokita. The Supreme Court has ruled on the requirement before: In 2019, it upheld the law, finding that Indiana had

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‘Exceedingly Rare’: Chief Justice Roberts Declines Durbin’s Invitation To Appear Before Judiciary Committee

‘Exceedingly Rare’: Chief Justice Roberts Declines Durbin’s Invitation To Appear Before Judiciary Committee Katelynn Richardson on April 25, 2023 Chief Justice John Roberts declined to appear before the Senate Judiciary Committee Tuesday after Chair Dick Durbin invited him to speak on the Supreme Court’s ethical standards. Durbin sent a letter to Roberts on Thursday requesting he appear before the committee at a May 2 hearing considering a Supreme Court ethics code, which was prompted by a report alleging Justice Clarence Thomas violated ethics rules in failing to disclose expense-paid trips he accepted from billionaire friend Harlan Crow. Roberts declined the

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Peru’s GDP declines 0.63% in Feb, beats expectations

(Reuters) – Peru’s gross domestic product (GDP) shrunk 0.63% in February compared with the same month last year, the government’s INEI statistics agency said on Saturday, beating expectations by analysts who forecast a bigger decline. It was a second successive month of decline after the economy began to contract in January following 22 months of growth, hurt by nationwide anti-government protests. Peru’s finance ministry, though, said growth should return soon. Economic activity in February was hit by “continuity of social conflicts, which resulted in work stoppages, road blockades, market closures, among other issues, which occurred in some areas of the

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