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USA: Stocks move lower on Wall Street ahead of Fed news on rates

(AP) --- Stocks fell in afternoon trading on Wall Street Wednesday, ahead of what traders expect will be another big interest rate increase from the Federal Reserve.

Markets will be watching closely to see what Fed Chair Jerome Powell says about the central bank’s outlook for how long rates will need to stay high to fight inflation.

The S&P 500 fell 0.6% as of 1:37 p.m. Eastern. The Dow Jones Industrial Average fell 46 points, or 0.1%, to 32,606 and the Nasdaq fell 1.1%. Small company stocks lost more ground than the broader market. The Russell 2000 fell 1.5%.

USA: Trump 2024 campaign prepares for post-midterms launch

NEW YORK (AP) — As he played to a crowd of supporters in Robstown, Texas, former President Donald Trump drew cheers as he talked up his first two runs for the White House — and teased a third.

“In order to make our country successful, safe and glorious again, I will probably have to do it again,” he said last month.

Pakistan urges more focus on rights situations in UN-recognized disputed, occupied territories

UNITED NATIONS, Nov 01 (APP): A senior Pakistani diplomat Tuesday called for “decisive actions” to prevent and redress human rights violations universally — not selectively — particularly in situations of foreign occupation and alien domination, where he said occupiers portray legitimate struggles for self-determination as terrorism.

U.S. in flu season earlier, more severe: CDC

NEW YORK, Nov. 1 (Xinhua) -- Influenza is hitting the United States unusually early and hard, resulting in the most hospitalizations at this point in the season in more than a decade and underscoring the potential for a perilous winter of respiratory viruses, The Washington Post last week cited federal health data.

"While flu season is usually between October and May, peaking in December and January, it's arrived about six weeks earlier this year with uncharacteristically high illness," said the report.

UN: Attempts fail by small number of countries to smear China under guise of human rights

UNITED NATIONS, Oct. 31 (Xinhua) -- Attempts by the United States, Canada and a few other countries to smear the human rights situation in China were once again defeated on Monday as a majority of United Nations (UN) member states voiced support for China.

USA: Stocks turn lower as hot jobs data signals aggressive Fed

NEW YORK (AP) — Stocks gave up early gains and turned lower on Wall Street after an unexpectedly strong report on the job market raised concerns that the Federal Reserve will need to keep the pressure on inflation with aggressive interest rate increases.

The S&P 500 fell 0.5% as of 11:34 a.m. Eastern. It had been up as much as 1% shortly after trading opened. The Dow Jones Industrial Average fell 166 points, or 0.5%, to 32,566 and the Nasdaq fell 0.5%.

Global jobs market set to deteriorate amid Ukraine war shocks: UN agency

UNITED NATIONS, Oct 31 (APP): The outlook for global labour markets has worsened in recent months and if current trends continue, vacancies will grow more scarce while global jobs growth will deteriorate significantly during the rest of the year, according to a new report by the International Labour Organization (ILO), a Geneva-based UN agency.

Estimates from ILO for the third quarter of 2022, indicate that the level of hours worked was 1.5 per cent below pre-pandemic levels, amounting to a deficit of 40 million full-time jobs.

Pakistan’s Faisal Shahkar appointed police adviser to UN Dept. of peacekeeping: Spokesman

UNITED NATIONS, Oct 31 (APP): Faisal Shahkar, a top Pakistani police officer, has been appointed as the Police Adviser in the United Nations Department of Peace Operations (DPO), a UN spokesman spokesman announced Monday.

Shahkar succeeds Luis Carrilho of Portugal who recently completed his assignment.

Spokesman Stephane Dujarric told the UN regular noon briefing that Shahkar, who was appointed by UN Secretary-General Antonio Guterres, brings to the position more than 30 years of national and international experience.

Trump Organization faces criminal tax fraud trial over perks

NEW YORK (AP) — For years, as Donald Trump was soaring from reality TV star to the White House, his real estate empire was bankrolling big perks for some of his most trusted senior executives, including apartments and luxury cars.

Now Trump’s company, the Trump Organization, is on trial this week for criminal tax fraud — on the hook for what prosecutors say was a 15-year scheme by top officials to hide the plums and avoid paying taxes.

UN chief alters travel plan in a bid to save Ukraine grain deal: spokesman

UNITED NATIONS, Oct. 30 (Xinhua) -- UN Secretary-General Antonio Guterres has decided to alter his travel plans to focus his efforts on saving the Black Sea Grain Initiative, said his spokesman on Sunday.

Russia on Saturday announced the suspension of its participation in the Black Sea Grain Initiative following an attack on the Russian Black Sea Fleet.

The initial duration of the agreement is 120 days and expires on Nov. 19. The parties had agreed that the deal could be extended automatically on the condition that no party objects.

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