US President Donald Trump’s revised travel ban faces scrutiny in courtrooms across the country. Several states and rights group have brought suits against Republican president’s executive order, supposedly a less draconian than the previous order issued on January 27, which met with deluge of opposition and was subsequently blocked by country’s federal courts. The revamped order bans all refugees …

  Bloomberg US stocks extended gains, Treasuries rallied and the dollar tumbled after the Federal Reserve raised interest rates as expected while keeping steady its forecast that it will tighten a total of three times this year. The S&P 500 Index rose 0.5 percent, while the yield on 10-year Treasury notes tumbled to 2.53 percent at 2:02 p.m. in New …

  DUBAI / Reuters Gulf stock markets were mixed on Wednesday but Saudi Arabia was boosted by banks after credit rating agency Moody’s raised its outlook for the kingdom’s banking system to “stable” from “negative”. The Saudi stock index climbed 0.7 percent as 11 of the 12 listed banks gained, with the biggest, National Commercial Bank, rising 2.4 percent. “Saudi …