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The United States is in a “business recession” but the consumer is “strong,” Scott Kirby, chief executive of United Airlines, the world’s largest carrier, told reporters at an aviation conference in Istanbul on Monday. This can be seen as leisure air travelers come back stronger and faster than business travelers, Kirby said at the annual meeting of the International Air Transport Association (IATA). “Leisure demand is really, really strong. Premium leisure demand is much higher. Business demand hasn’t fully recovered yet … that’s taking more time,” he said. “We’re probably in either a mild recession or moderate economy, we can…

A federal trial over Oregon’s voter-approved gun control measure is set to open Monday in Portland, marking a critical next step for one of the toughest gun control laws in the nation after months of being tied up in the courts.The trial, which will be held before a judge and not a jury, will determine whether the law violates the U.S. Constitution.The protracted legal battle over the law could well last beyond the trial. Whatever the judge decides, the ruling is likely to be appealed, potentially moving all the way up to the U.S. Supreme Court.Oregon voters in November narrowly…

Tennessee’s top legal officer has demanded ten major asset managers provide information over how they seek to tackle climate change, as part of an investigation into potential breaches of consumer law. The state’s Republican attorney general Jonathan Skrmetti sent his requests on May 19 in letters to firms that include AllianceBernstein, Invesco Ltd and the Jennison Associates arm of Prudential Financial Inc, according to copies provided to Reuters in response to a public records request. While similar investigations by Republican officials have not led to charges, the letters mark an escalation in attacks on so-called environmental, social and governance (ESG)…

A woman was fatally shot and four members of her family, including three children, were wounded in their car after they parked at a Texas apartment complex.Police said they were searching for at least two suspects in the shooting shortly before 6 p.m. Sunday in the town of Sunnyvale, about 15 miles east of Dallas.”Everybody was shot in the car,” Sunnyvale Police Chief Bill Vegas said, noting that numerous shots were fired.TEXAS POLICE ARREST 8 PEOPLE FOR ALLEGED INVOLVEMENT IN SMASH-AND-GRAB OPERATION OF OVER 50 ATMS”It’s a horrific scene,” Vegas said at a news conference near the scene, where a…

Adding an experimental mRNA-based vaccine from Moderna Inc and Merck & Co reduced the risk that the most deadly skin cancer would spread by 65% over treatment with an immunotherapy alone in a midstage trial, the companies reported on Monday. The results, presented at the American Society of Clinical Oncology meeting in Chicago, follow earlier promising data from the trial showing the customized mRNA vaccine given in combination with Merck’s Keytruda cut the risk of death or recurrence of melanoma by 44% compared with Keytruda alone. The findings add to a growing body of evidence suggesting that mRNA technology, which…

close Video Suburban Kansas City police shot and killed a man they say came at two officers with a knife after a traffic stop. Police in Olathe, Kansas, pulled over a car just before 6 p.m. Saturday, Sgt. Joel Yeldell said in a news release. During the stop, a separate vehicle pulled up. That driver emerged with a knife and moved toward the officers, who both shot him.The 58-year-old man died at the scene. His name has not been released. The officers were not hurt. ‘ARMED AND VERY DANGEROUS’ KANSAS WOMAN WANTED FOR SHOOTING MAN AND CHILD AT MISSOURI HOTEL…

Get all the essential market news and expert opinions in one place with our daily newsletter. Receive a comprehensive recap of the day’s top stories directly to your inbox. Sign up here! (Kitco News) – The gold market has retraced its overnight losses and jumped into positive territory on the day as the precious metal sees renewed safe-haven demand as activity in the U.S. service sector falls more than expected in May, according to the latest data from the Institute for Supply Management (ISM). Monday, the ISM said its Services Purchasing Managers Index fell to 50.3% last…

Twitter co-founder and former CEO Jack Dorsey is endorsing Robert F. Kennedy Jr. for president, arguing he’s the best Democrat candidate with a shot at beating Republican rivals Florida Gov. Ron DeSantis and former President Donald Trump. Son of the late New York Sen. Robert F. Kennedy, the Democrat — an environmental lawyer and anti-vaccine proponent — threw his hat into the ring against President Joe Biden for the party’s nomination in April. On Sunday, Dorsey set off a firestorm with a tweet of a video of Kennedy talking with Fox News’ Harris Faulkner. The clip was titled, “Robert F.…

Police in Maryland are accusing a mother of killing a grandmother and then trying to hide the remains with the help of her own 19-year-old daughter. Candace Craig, 44, and Salia Hardy are facing charges following the death of 71-year-old Margaret Craig inside a home in Landover in late May, according to the Prince George’s County Police Department. Police say on June 2, officers responded to a home for a welfare check after a “911 caller advised he had not communicated with Margaret Craig for several days and was worried for her welfare.””Candace Craig answered the door and allowed patrol officers access to…

Get all the essential market news and expert opinions in one place with our daily newsletter. Receive a comprehensive recap of the day’s top stories directly to your inbox. Sign up here! (Kitco News) – Gold and silver prices are lower in early U.S. trading Monday, amid a stronger U.S. dollar index in the wake of a better-than-expected May U.S. employment report last Friday that fell into the camp of the U.S. monetary policy hawks. August gold was last down $14.10 at $1,955.50 and July silver was down $0.232 at $23.52. Asian and European stock markets were…