Peter Wells

News updates from May 3: US adds 175,000 jobs in April; Trump Media auditor barred

Columbia University has cancelled the main graduation ceremony it had planned for next week amid rising concerns that continued pro-Palestinian student protests could pose safety concerns on campuses across the US. Columbia said it would abandon its annual university-wide commencement ceremony, scheduled for May 15 on the south lawn of its main Manhattan campus, which has seen protests, a student encampment and arrests by the New York City Police after the brief occupation of a campus building…

The federal judge presiding over the criminal case related to Donald Trump’s handling of classified documents has postponed the Florida trial indefinitely, citing the need for “adequate preparation”. In a filing on Tuesday afternoon, Aileen Cannon, a Trump appointee, scrapped the provisional May 20 date for the case to go to trial in Miami, and indicated she would not decide on a fresh date for some time. The decision means the current “hush money” trial against Trump in Manhattan is more than…

US consumer sentiment hits 6-month low on resurgent inflation outlook

Jim Simons, whose mathematical work led to the development of string theory and the establishment of famed quantitative fund Renaissance Technologies, has died, aged 86. A trained mathematician, Simons worked as a Cold War codebreaker for the US National Security Agency during the mid-1960s, before shifting to Stony Brook University later in the decade where he chaired the maths department at the New York-based school. Leaning on his mathematical expertise, Simons left academia and in 1978 fou…

News updates from June 12: Fed officials signal one 2024 interest rate cut; US inflation falls to 3.3% in May

News updates from June 17: Russian billionaire Usmanov sues UBS, Netanyahu dissolves Israel’s war cabinet

The Trump-Biden debate as it happened

Jul 5, 2024 ... News updates from July 5: US economy adds 206,000 jobs; Keir Starmer appointed UK prime minister · US economy adds 206,000 jobs but unemployment ...

News updates from July 9: Powell hails progress in tackling US inflation; Moscow court orders arrest of Alexei Navalny’s widow