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Key quotes from Powell's speech at Fed's Jackson Hole conference
(Reuters) - Here are key quotes from Federal Reserve Chair Jerome Powell's speech on Friday to the Kansas City Fed's annual economic conference in Jackson Hole, Wyoming:. POLICY: "The time has come for policy to adjust. The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks."
Factbox-Tennis-List of U.S. Open women's singles champions
(Reuters) - List of U.S. Open women's singles champions since the tournament began in 1887:. 2023 - Coco Gauff (U.S.) beat Aryna Sabalenka (Belarus) 2-6 6-3 6-2 2022 - Iga Swiatek (Poland) beat Ons Jabeur (Tunisia) 6-2 7-6(5)
US spy agencies lag civilian workforce in diversity, says report
WASHINGTON (Reuters) - Minorities, women and disabled persons are still underrepresented in U.S. spy agencies compared with the U.S. civilian workforce, said a report released on Friday by the Office of the Director of National Intelligence.
U.S. targets 105 Russian and Chinese firms for aiding Russian military
(Reuters) - The United States on Friday added 105 Russian and Chinese firms to a trade restriction list over their alleged support of the Russian military as Washington seeks to keep up pressure on Moscow's war effort in Ukraine.
Exclusive-ECB policymakers' views converging on Sept rate cut, sources say
JACKSON HOLE, Wyoming (Reuters) - A growing number of European Central Bank policymakers are lining up behind another interest rate cut in September and only major data surprises in the coming weeks could delay the move, on and off record conversations with seven sources indicate.
Trump's Wall Street middleman taps network for potential administration roles
NEW YORK (Reuters) - The co-chair of U.S. Republican presidential nominee Donald Trump's freshly minted transition team has begun tapping his network from a career on Wall Street to build a roster of thousands of candidates to serve in a potential administration.
Union vows to fight Canada's move to end rail shutdown, sparking uncertainty
MONTREAL/OTTAWA (Reuters) -The union representing over 9,000 Canadian rail workers vowed on Friday to challenge the federal government's effort to mandate binding arbitration that would end an unprecedented rail stoppage at both of the country's main freight rail carriers.
In Moscow, authorities stage a festival of summer as some fret about Ukraine war
MOSCOW (Reuters) - A world away from eastern Ukraine's drone-filled battlefields, authorities in Moscow have tried to turn the Russian capital into a summer chill-out zone despite Europe's biggest land war since World War Two raging 1,000 km (621 miles) to the south.
Canada July factory sales most likely up 1.1% - Statscan flash estimate
Aug 23 (Reuters) - Canadian factory sales most likely rose 1.1% in July from June, largely driven by higher sales in petroleum and coal product as well as chemical subsectors, Statistics Canada said in a flash estimate on Friday.
Swiggy targets $15 billion valuation in India IPO, sources say
NEW DELHI (Reuters) - SoftBank-backed Indian food delivery giant Swiggy is targeting a valuation of around $15 billion for its upcoming stock market offering to raise $1-1.2 billion, three people familiar with the matter said.
Body found by Italy rescue divers is Mike Lynch's daughter - source
PORTICELLO, Italy (Reuters) - Italian divers have retrieved the body of British tech magnate Mike Lynch's 18-year-old daughter, Hannah, who was the last person still unaccounted for after the family's luxury yacht sank this week, a source with knowledge of the situation said.
Baby paralysed in Gaza's first case of type 2 polio for 25 years, WHO says
DUBAI (Reuters) - A 10-month-old baby in war-shattered Gaza has been paralysed by the type 2 polio virus, the first such case in the territory in 25 years, the World Health Organization said on Friday, with U.N. agencies appealing for urgent vaccinations of every baby.
Analysis-Ozempic on Wall Street's list for 2027 Medicare drug negotiations
NEW YORK (Reuters) - Now that the U.S. government has negotiated prices for some Medicare program drugs effective in 2026, Wall Street analysts are betting on a 2027 list that will include Novo Nordisk's blockbuster Ozempic for diabetes and have a limited impact on Big Pharma.
Thai court accepts lawsuit against security personnel over deaths of 85 protesters
BANGKOK (Reuters) - A Thai court on Friday accepted a criminal lawsuit against seven senior security personnel over their alleged roles in the deaths two decades ago of 85 Muslim protesters, most of whom suffocated while piled on top of each other in army trucks.
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