Author: Press Room

© Reuters. FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Gertrude Chavez-Dreyfuss and Joice Alves NEW YORK/LONDON (Reuters) – The yen slumped across the board on Tuesday, dropping to a fresh 15-year low against the euro and a new one-year trough versus the dollar, after a small step by the Bank of Japan (BOJ) toward ending years of monetary stimulus failed to appease some investors who had expected a bigger move. The Japanese unit also fell against sterling, the Swiss franc, and the Australian dollar. At the…

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MANCHESTER, N.H. – Democratic Rep. Dean Phillips says he’s “disappointed” with the group of far-left House Democrats known as the “Squad” for their responses to the attack by Hamas earlier this month against Israel.”It’s deeply disappointing,” Phillips – a moderate three-term Democrat from Minnesota who last week launched a primary challenge against President Biden – told reporters following a campaign event Tuesday in New Hampshire.Six of the eight members of the “Squad” last week voted against a House resolution condemning the “barbaric” Oct. 7 assault by Hamas on Israel, which was the deadliest attack on the Jewish state in half…

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Bankruptcy man and family fighting to hold back their house with big legal hand evict it by law, … [+] Eviction and mortgage loangetty Amidst the financial strain since the Covid-19 pandemic, families and businesses are grappling with mounting levels of debt. When considering estate plans, a crucial concern arises: what if a client burdened with substantial debts or liabilities from their business unexpectedly passes away? Navigating debts of a decedent in estates requires careful planning. Handling claims against an estate can be either simple or complex. Simplicity prevails when the estate is solvent, while complexity arises when it is…

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New student aid index changes the financial aid calculations.getty Colleges and universities have always used certain data and formulas to figure out how much financial aid students can receive, typically based on the information families input when they fill out the Free Application for Federal Student Aid (FAFSA) each year. Previously, this information has been used to figure out something called the Expected Family Contribution (EFC), which is essentially an out-of-pocket amount students can expect to pay for school after taking federal student aid into account. However, legislation passed in December of 2020 aimed to simplify the process and will…

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US to send 300 additional troops to Middle EastSteff Chávez in ChicagoBrigadier General Patrick Ryder © APThe US has announced it will send a further 300 troops from domestic bases to the Middle East to support those already deployed in the region.“These additional troops will provide capabilities and explosive ordnance disposal communications and other support enablers for forces already in the region,” Pentagon spokesperson Brigadier General Patrick Ryder said on Tuesday.He did not specify where in the Middle East the additional troops will be, but said they would not go to Israel. The troops “are intended to support regional deterrence…

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© Reuters. FILE PHOTO: The logo of Renault is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 15, 2023. REUTERS/Gonzalo Fuentes/File Photo By Mathieu Rosemain, Silvia Aloisi and Pablo Mayo Cerqueiro PARIS/LONDON (Reuters) – Weaker electric vehicle (EV) demand, increased competition from China and market volatility are complicating French carmaker Renault (EPA:)’s plans to list its EV business Ampere, four people familiar with the matter told Reuters. Renault aims to extract more value from Ampere through an initial public offering (IPO) but is unlikely to go ahead…

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© Reuters. FILE PHOTO: The logo of car manufacturer Tesla is seen at a dealership in London, Britain, May 14, 2021. REUTERS/Matthew Childs/File Photo By Dan Levine and Hyunjoo Jin (Reuters) – Tesla (NASDAQ:) on Tuesday won the first U.S. trial over allegations that its Autopilot driver assistant feature led to a death, a major victory for the automaker as it faces several other similar lawsuits across the country. The jury verdict represents Tesla’s second big win this year, in which juries have declined to find that its software was defective. Tesla has been testing and rolling out its Autopilot…

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© Reuters. A view of the Phillips 66 Company’s Los Angeles Refinery (foreground), which processes domestic & imported crude oil into gasoline, aviation and diesel fuels, and storage tanks for refined petroleum products at the Kinder Morgan Carson Terminal (backgroun By Stephanie Kelly NEW YORK (Reuters) – U.S. field production of rose to a new monthly record in August at 13.05 million barrels per day, the Energy Information Administration said on Tuesday. Output rose 0.7% in August from the month prior, the data showed. The previous monthly high was in November 2019, when production reached 13.0 million bpd. The monthly…

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