US and World News

(Reuters) – President Joe Biden’s administration will make $13.5 billion available to help low-income U.S. households lower their heating costs this winter, the White House said on Wednesday. As part …

By Valerie Volcovici and Nichola Groom WASHINGTON (Reuters) – Oil and gas companies have asked the Biden administration to exempt hundreds of thousands of the nation’s smallest wells from upcoming …

By Tristan Chabba (Reuters) -Swiss duty-free retailer Dufry said on Wednesday it expects a sharp rise in 2022 turnover as it posted a nearly 57% jump in third quarter sales, …

(Reuters) – There remains a chance that the U.S. economy can escape a recession as the Federal Reserve raises interest rates to lower inflation, but that window of opportunity for …

NEW YORK (Reuters) – The Federal Reserve on Wednesday raised interest rates by three-quarters of a percentage point as it continued to battle the worst outbreak of inflation in 40 …

(Reuters) – Chemicals maker DuPont De Nemours Inc said on Tuesday it was ending its $5.2 billion buyout of Rogers Corp, the first collapse of a major U.S. deal in …

By Kate Abnett and Giuseppe Fonte BRUSSELS (Reuters) – Italy is attempting to weaken a pledge 10 European governments intend to make on Thursday to stop export credit support for …

MADRID (Reuters) – The European Central Bank “will need additional interest rate increases” to fight off inflation even considering the growing likelihood of a euro zone recession, policymaker Pablo Hernandez …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever And so it came to pass: the Fed raised interest rates by three …

(This Nov. 1 story has been refiled to add dropped word ‘top’ in paragraph 2) By Gabriella Borter (Reuters) – Global pop sensation Taylor Swift on Tuesday announced that she …

By Catarina Demony LISBON (Reuters) – Ukraine’s first lady Olena Zelenska said on Wednesday her war-torn country will be in trouble if the world’s solidarity starts to fade, but added …

(Reuters) – The “ultimate level” of the Federal Reserve’s benchmark policy rate is likely higher than previously estimated, Fed Chair Jerome Powell said on Wednesday. In remarks at a press …

By Lucia Mutikani WASHINGTON (Reuters) – U.S. private payrolls increased more than expected in October, offering more evidence of labor market resilience, but there are signs that the Federal Reserve’s …

(Reuters) – Qatar’s central bank said on Wednesday it will increase its interest rates by between 50 and 75 basis points, following the U.S. Federal Reserve’s latest rate hike. The …

By Sharon Bernstein (Reuters) – A federal judge on Tuesday issued a temporary restraining order against an Arizona group being sued over voter intimidation, banning members from coming within 75 …

By Chris Prentice WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) levied $6.4 billion in enforcement actions, including $4 billion in penalties, in fiscal 2022, the agency’s chair …

By Leroy Leo and Nandhini Srinivasan (Reuters) -CVS Health Corp on Wednesday forecast a 2023 profit below Wall Street estimates and said it hoped to mitigate the hit from a …

By Timothy Gardner and Andrea Shalal WASHINGTON(Reuters) – President Joe Biden’s threat to impose a windfall profits tax on oil companies is unlikely to pass in the U.S. Congress, even …

(Reuters) – The Central Bank of Bahrain (CBB) said on Wednesday it raised its key policy interest rate on its one-week deposit facility by 75 basis points to 4.75%, following …

(Reuters) – The U.S. Federal Reserve’s latest move to raise its benchmark interest rate will help to bring down inflation, and a rise in mortgage rates should cool inflation in …

(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine.) MOSCOW (Reuters) – Russia’s economy shrank by 5% on an annualised basis in …

UNITED NATIONS (Reuters) – U.N. Secretary-General Antonio Guterres welcomed the truce agreed in Ethiopia on Wednesday as a “welcome first step” that he hoped would bring solace to civilians after …

By John McCrank and Chris Prentice (Reuters) -The U.S. Securities and Exchange Commission on Wednesday proposed new rules aimed at better preparing the mutual fund industry for distressed market conditions, …

By Vitalli Hnidyi KUPIANSK, Ukraine (Reuters) – The head of Ukraine’s railway vowed to keep trains running and to repair the damage done to the network by Russian troops, highlighting …