Explainer: What’s next for conspiracy theorist Alex Jones

Aug 5 (Reuters) – A jury in Austin, Texas, decided on Friday that US conspiracy theorist Alex Jones must pay the parents of a child killed in the 2012 Sandy Hook massacre $45.2 million in punitive damages for falsely claiming the shooting was a hoax, on top of $4.1 million in compensatory damages. read more … Read more

Key U.S. Senator Sinema agrees to $430 billion drug, energy bill

WASHINGTON, Aug 4 (Reuters) – Democratic US Senator Kyrsten Sinema said on Thursday she agreed to “move forward” on a $430 billion drug pricing, energy and tax bill, subject to a Senate arbiter’s approval of the bill, which Democrats intend to pass over Republican objections. Senate Majority Leader Chuck Schumer said earlier on Thursday the … Read more

Conspiracy website InfoWars parent files for bankruptcy

July 29 (Reuters) – The parent of far-right conspiracy website InfoWars filed for US bankruptcy protection on Friday as the company and its founder Alex Jones face up to $150 million in damages in a trial over longstanding falsehoods he perpetuated about the Sandy Hook elementary school massacre. The bankruptcy filing by the InfoWars parent, … Read more

Alex Jones must pay for Sandy Hook falsehoods, parents’ lawyer says as defamation trial begins

July 26 (Reuters) – US conspiracy theorist Alex Jones led a “vile campaign of defamation” when he falsely claimed the 2012 Sandy Hook massacre was a hoax, a Texas jury was told on Tuesday, but a lawyer for Jones said his client already had paid a price. Attorney Mark Bankston, representing the parents of slain … Read more

Argentina economy minister, IMF deal architect, quits as government crisis builds

Argentina’s Economy Minister Martin Guzman poses for a picture before an interview with Reuters at the Economy Ministry, in Buenos Aires, Argentina December 10, 2020. REUTERS/Agustin Marcarian Register now for FREE unlimited access to Reuters.com Register BUENOS AIRES, July 2 (Reuters) – Argentina’s economy minister Martin Guzman, the architect of a recent major debt deal … Read more

Russia slips into default zone as payment deadline expires

The clock on Spasskaya tower showing the time at noon, is pictured next to Moscow?s Kremlin, and St. Basil?s Cathedral, March 31, 2020. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register Grace period runs out on $100 mln interest payment due May 27 Some Taiwanese bondholders did not receive payment on Monday … Read more

Yellen says inflation to stay high, Biden likely to up forecast

WASHINGTON, June 7 (Reuters) – US Treasury Secretary Janet Yellen told senators on Tuesday that she expected inflation to remain high and the Biden administration would likely increase the 4.7% inflation forecast for this year in its budget proposal. During a Senate Finance Committee hearing, Yellen said that the United States was dealing with “unacceptable … Read more

Indexes fall, led by Nasdaq, as inflation data offers little relief to investors

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 11, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US consumer prices slow in April; inflation still high Coinbase falls on Q1 revenue slump, net loss Indexes: Dow down 0.1%, S&P down 0.6%, … Read more

Uneven earnings season providing little fuel for volatile U.S. stock market

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, US, April 11, 2022. REUTERS/Andrew Kelly/Files Register now for FREE unlimited access to Reuters.com Register NEW YORK, May 2 (Reuters) – Mixed financial results from US megacap companies are dampening an otherwise better-than-expected first-quarter earnings season … Read more

Dollar, US stocks fall on inflation concerns

A broker looks at a graph on his computer screen on the dealing floor at ICAP in London, Britain January 3, 2018. REUTERS/Simon Dawson Register now for FREE unlimited access to Reuters.com Register World stock fall, set for biggest monthly drop since March 2020 US stocks weighed down by inflation, Amazon earnings Dollar softens but … Read more