Friday, 5th, 2024 | 8:00AM Updated

Cleveland Federal Reserve President and CEO Loretta Mester gives her keynote address at the 2014 Financial Stability Conference in Washington
Fed's Mester: Will be 'deliberately patient' regarding inflation

The U.S. economy is recovering faster than many policymakers had expected, but a "broad-based recovery is taking more time to achieve" and more progress will be needed in the job market before the Federal Reserve's conditions for reducing its extensive support will be met, the head of the Federal Reserve Bank of Cleveland said on Wednesday.

The Indian Point Energy Center nuclear power plant, which New York Governor Andrew Cuomo announced will shutdown as planned,
U.S. eyes nuclear reactor tax credit to meet climate goals -sources

The White House has signaled privately to lawmakers and stakeholders in recent weeks that it supports taxpayer subsidies to keep nuclear facilities from closing and making it harder to meet U.S. climate goals, three sources familiar with the discussions told Reuters. New subsidies, in the form of "production tax credits," would likely be swept into President Joe Biden's multi-trillion-dollar legislative effort to invest in infrastructure and jobs, the sources said.

U.S. Representative Alexandria Ocasio-Cortez (D-NY) leads a news conference to re-introduce the Green New Deal at the U.S.
U.S. lawmakers make push for electric vehicles, charging stations

U.S. lawmakers are pushing for tens of billions of dollars in funding to shift to electric vehicles and away from gas-powered vehicles and build hundreds of thousands of charging stations.

Empty vials of the Pfizer-BioNTech coronavirus disease (COVID-19) vaccine are seen at The Michener Institute, in Toronto, Canada
Canada allows Pfizer COVID-19 vaccine for children aged 12-15

Canada is authorizing the use of Pfizer Inc's COVID-19 vaccine for use in children aged 12 to 15, the first doses to be allowed in the country for people that young, the federal health ministry said on Wednesday.

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Attendees take part in G7 foreign ministers meeting in London, Britain
G7 scolds China and Russia over threats, bullying, rights abuses

The Group of Seven scolded both China and Russia on Wednesday, casting the Kremlin as malicious and Beijing as a bully, but beyond words there were few concrete steps aside from expressing support for Taiwan and Ukraine.

Police officers are seen during a protest against poverty and police violence in Bogota, Colombia,
Colombians march in eighth day of protests, police deploy tear gas

Riot police fired tear gas at protesters in Bogota on Wednesday during an eighth day of nationwide anti-government demonstrations, after crowds attacked police stations in the capital overnight.

Secretary of Labor Marty Walsh speaks during a news conference at the White House in Washington, U.S.
Biden administration blocks Trump-era rule affecting gig workers

The Biden administration on Wednesday blocked a Trump-era rule that would have made it easier to classify gig workers who work for companies like Uber and Lyft as independent contractors instead of employees, signaling a potential policy shift toward greater worker protections.

 A man walks outside the shuttered John Golden Theatre amid coronavirus disease (COVID-19) pandemic in New York City, U.S
Broadway to light up again in September when shows are set to return

Live Broadway shows will return to the stage starting Sept. 14 after an 18-month hiatus to fight the coronavirus pandemic, New York Governor Andrew Cuomo announced on Wednesday.

May 4, 2021; Bronx, New York, USA; General view of Yankee Stadium as New York Yankees starting pitcher Domingo German (55) pitches
Take the shot, get a ticket: New York baseball fans offered new perk to get vaccinated

New York's Major League Baseball teams, the Yankees and the Mets, will give free tickets to fans who get vaccinated against the coronavirus at their ballparks before the games, Governor Andrew Cuomo said on Wednesday.

U.S. Vice President Kamala Harris speaks in the Cross Hall at the White House in Washington, U.S.
Mexican president says U.S. Vice President Harris to visit Mexico next month

Mexican President Andres Manuel Lopez Obrador said on Wednesday that U.S. Vice President Kamala Harris would probably visit Mexico on June 8 after mid-term legislative elections are held a couple of days earlier in the country.

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Judge puts hold on ruling voiding U.S. moratorium on evicting renters

A federal judge on Wednesday threw out the U.S. Centers for Disease Control and Prevention's nationwide moratorium on evictions but agreed to put a temporary hold on her ruling as the government seeks to reverse the decision on appeal.

Former Atlanta Police Department officer Garrett Rolfe, who was fired after the shooting death of 27-year-old Rayshard Brooks,
Atlanta forced to reinstate policeman charged with killing Black man

The city of Atlanta on Wednesday reinstated a police officer fired over the fatal shooting of a Black man last year after an oversight board ruled that he was terminated without due process.

(from L) Canadian Minister of Foreign Affairs Marc Garneau, Britain's Foreign Secretary Dominic Raab, Japanese Minister of Foreign Affairs Toshimitsu Motegi, European High Representative of the Union for Foreign Affairs, Josep Borrell,
G7 looks to expand rebuttal mechanism for disinformation

Foreign ministers from the Group of Seven wealthy nations on Wednesday agreed to expand and strengthen the rapid response mechanism it uses to fight threats to democracy such as disinformation.

Swedish teenage climate activist Greta Thunberg speaks during a demonstration of the Fridays for Future movement in Lausanne
Activist Thunberg says global leaders still in denial over climate

Politicians, including Sweden's leaders, are still in denial over the threat from climate change, environmental activist Greta Thunberg said on Monday after meeting Sweden's Prime Minister Stefan Lofven.

People walking a dog greet police officers and their dog outside the U.S. Supreme Court building in Washington, U.S
U.S. Supreme Court skeptical of expanding crack cocaine reforms

U.S. Supreme Court justices on Tuesday seemed skeptical that low-level crack cocaine offenders can benefit under a 2018 federal law that reduced certain prison sentences in part to address racial disparities detrimental to Black defendants.

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