U.S. stocks rebounded on Thursday with semiconductor shares leading gains as optimism about a Middle East peace deal offset worries about a hawkish Federal Reserve under new Chair Kevin Warsh.
The U.S. State Department announced visa restrictions targeting people it said were undermining peace in Ethiopia on Thursday, focused on hardliners in the Tigray People’s Liberation Front and their immediate family members.
The U.S. Supreme Court ruled in favor of a marijuana user on Thursday by limiting the application of a federal law that bars drug users from owning guns, finding that certain prosecutions under the measure intrude on the U.S. Constitution’s Second Amendment right to “keep and bear arms.”
A federal judge in Manhattan on Wednesday denied a request for nearly $1.4 million in legal fees sought by advocacy groups that had successfully challenged immigration rules erected during President Donald Trump’s first term that made it harder for some immigrants to obtain permanent residency.
When Donald Trump, flanked by the French president, signed the Iran memorandum in the opulent Palace of Versailles, the optics were vintage Emmanuel Macron: the full weight of French history, glamour and pomp deployed to win over a difficult counterpart.
Israel’s military published a map on Thursday showing an expanded zone of control for its troops in southern Lebanon, as Israeli officials told Reuters Israel was holding talks with the U.S. over continuing its deployment.
The U.S. dollar rose to its highest in more than a year on Thursday after a hawkish hold from the Federal Reserve triggered bets on rate hikes, while yen weakness drew verbal warnings from Japanese officials.
Three Saudi-flagged supertankers carrying 6 million barrels of crude sailed through the Strait of Hormuz, hours after President Donald Trump signed a deal with Iran to end the war that has disrupted global energy supplies.