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Pain from Trump's China tariffs spreads, reshaping global trade

Wednesday, June 26, 2019, 7:54 AM

Wall Street's main indexes slipped on Tuesday, as bank-stocks fell ahead of a handful of speeches by Federal Reserve officials, while escalating tensions in the Middle East and trade jitters added to the dour mood. Traders fully expect an rate cut from the U.S. central bank in July and see a 40% chance of a 50 basis point move, CME Group's FedWatch program showed.
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US Border Chief Quits Amid Outcry Over Child Detainees

Wednesday, June 26, 2019, 7:52 AM

The acting commissioner of the US Customs and Border Protection agency announced his resignation on Tuesday amid a public outcry over alarming detention conditions of migrant children in Texas. John Sanders, appointed to the post just two months ago, said in a letter obtained by several US media outlets that he planned to step down as acting CBP chief on July 5.
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Election Commission announces RS polls dates for six Tamil Nadu seats

Wednesday, June 26, 2019, 7:51 AM

The Election Commission Tuesday fixed July 18 for elections to Tamil Nadu's six Rajya Sabha seats, falling vacant next month. The poll panel said the notification for the election would be issued on July 1, while fixing July 18 as the day for voting. The counting of votes will be undertaken the same day soon after the voting, it added.

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