(Corrects to add dropped quotes in lead)
CAIRO, April 7 (Reuters) - Islamist group Hamas condemned Israel's "aggression" against Lebanon following strikes near the southern city of Tyre, in a statement issued early on Friday.
"We strongly condemn the blatant Zionist aggression against Lebanon in the vicinity of Tyre at dawn today," it said.
The Israeli military, for its part, said it had attacked targets belonging to Hamas in southern Lebanon and stepped up strikes in the Gaza Strip, following rocket attacks against Israel launched from Lebanon on Thursday.
"The (Israeli Defense Forces) will not allow the Hamas terrorist organisation to operate from within Lebanon and holds the state of Lebanon responsible for every directed fire emanating from its territory," it said in a statement. (Reporting by Adam Makary and Ahmed Tolba; Editing by Clarence Fernandez)
Phillips 66 (PSX) closed the most recent trading day at $102.84, moving -1.52% from the previous trading session.
PepsiCo has spent the last few years working to incorporate artificial intelligence (AI) into its sales and product development processes, in addition to quality control.
DWI, or driving while under the influence of drugs or alcohol, is a serious offense with serious consequences.
Tennessee’s Republican-led House of Representatives on Thursday expelled Democratic lawmakers Justin Jones and Justin Pearson for speaking out of turn on the House floor following the mass shooting at a Nashville school. Photo: Cheney Orr/Reuters
Hayes wants Maelstrom Capital to outperform bitcoin and ether, which won’t be easy.
The Internal Revenue Service is set to increase scrutiny for wealthy taxpayers in a new plan funded by $80 billion it will receive under the President’s Inflation Reduction Act.
The Federal Reserve's preferred bond market signal of an upcoming recession has plunged to fresh lows, bolstering the case for those who believe the central bank will soon need to cut rates in order to revive economic activity. Research from the Fed has argued that the "near-term forward spread" comparing the forward rate on Treasury bills 18 months from now with the current yield on a three-month Treasury bill was the most reliable bond market signal of an imminent economic contraction. That spread, which has been in negative territory since November, plunged to new lows this week, standing at nearly minus 170 basis points on Thursday.
U.S. Treasury yields and the dollar climbed in an abbreviated session on Friday after employment data for March indicated the labor market remained tight last month, raising the odds that the Federal Reserve has at least one more rate hike in store. Nonfarm payrolls increased by 236,000 jobs last month, the Labor Department said, very close to the 239,000 expectated by economists surveyed by Reuters.
(Bloomberg) -- Bond traders are betting that the Federal Reserve probably has one more interest-rate hike to go in this tightening cycle as the economy shows resilience — for now at least — despite recent banking turmoil.Most Read from BloombergGoogle and Amazon Struggle to Lay Off Workers in EuropeJob Market Softens Only a Bit, Keeping Fed on Track for May HikeTesla Cuts Prices of All Models for the Second Time This YearUS Futures Rise, Bonds Slide on Solid Jobs Data: Markets WrapTreasury yield
The Internal Revenue Service announced new details Thursday of exactly how it plans to spend its coming $80 billion windfall.
WASHINGTON (Reuters) -The U.S. Government Accountability Office on Thursday denied Lockheed Martin Corp's protest of the Army contract for the Future Long Range-Assault Aircraft worth as much as a $7.1 billion, awarded to Textron Inc's Bell helicopter unit over Lockheed's Sikorsky unit. The U.S. Army "reasonably evaluated Sikorsky's proposal as technically unacceptable because Sikorsky failed to provide the level of architectural detail required by the" request for proposal, the GAO said in a statement.
The U.S. Internal Revenue Service plans to hire nearly 20,000 new employees and deploy new technology over the next two years as it ramps up an $80 billion investment plan to improve tax enforcement and customer service, it said on Thursday . The tax agency, in its long-awaited Strategic Operating Plan, said it will obligate about $8.64 billion of the new funding during the 2023 and 2024 fiscal years, and that 7,239 of the new hires during those years will be enforcement staff. "The IRS is going to hire more data scientists than they ever have for enforcement purposes," U.S. Deputy Treasury Secretary Wally Adeyemo told reporters, adding that these would complement more traditional tax attorneys and revenue agents in using new data analytics technology to identify audit targets.
(Bloomberg) -- US payrolls rose at a firm pace last month with the unemployment rate dropping again near record lows, paving the way for the Federal Reserve to increase interest rates at its next meeting.Most Read from BloombergGoogle and Amazon Struggle to Lay Off Workers in EuropeJob Market Softens Only a Bit, Keeping Fed on Track for May HikeTesla Cuts Prices of All Models for the Second Time This YearUS Futures Rise, Bonds Slide on Solid Jobs Data: Markets WrapNonfarm payrolls increased 236,
U.S. government bond prices fell Friday, pushing yields higher, after the latest jobs numbers suggested that there remains substantial demand for workers despite some recent signs of a weakening economy.
(Bloomberg) -- Saudi Crown Prince Mohammed Bin Salman’s order to flood oil markets three years ago during a dispute with Russia ultimately gave the kingdom confidence to be more assertive in shaping OPEC+’s policies, the energy minister said in a recent TV interview.Most Read from BloombergGoogle and Amazon Struggle to Lay Off Workers in EuropeJob Market Softens Only a Bit, Keeping Fed on Track for May HikeTesla Cuts Prices of All Models for the Second Time This YearUS Futures Rise, Bonds Slide
Yields rose in the U.S. bond market Friday following a highly anticipated report on the U.S. job market. The U.S. stock market was closed in observance of Good Friday, as were many markets across Europe. The data was so anticipated because it could offer a big clue for the Federal Reserve, which faces a tough decision on interest rates that will affect the entire economy.
(Bloomberg) -- Russia has formally charged Wall Street Journal correspondent Evan Gershkovich with espionage, more than a week after the US citizen’s arrest during a reporting trip, Russian state media reported. Most Read from BloombergGoogle and Amazon Struggle to Lay Off Workers in EuropeJob Market Softens Only a Bit, Keeping Fed on Track for May HikeTesla Cuts Prices of All Models for the Second Time This YearUS Futures Rise, Bonds Slide on Solid Jobs Data: Markets WrapUkraine’s credit score
Trump-appointed judges in Texas are stripping all Americans of their rights to healthcare and safety. At last, the Biden administration is pushing back.
Grant Shapps, the energy secretary, vowed to give Britain the “cheapest energy in Europe” as he set out to overhaul the power system as part of the push to go green.
The IRS released details Thursday on how it plans to use an infusion of $80 billion for improved operations, pledging to invest in new technology, hire more customer service representatives and expand its ability to audit high-wealth taxpayers. While some Republicans have suggested without evidence that the money from the Democrats’ landmark climate change and health care bill would help create a mob of armed auditors to harass middle-class taxpayers, new IRS Commissioner Daniel Werfel said it will not include spending for new agents with guns. The agency's newly released strategic operating plan lays out the specifics of how the IRS will allocate the $80 billion, through fiscal year 2031, that was approved in that legislation.

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