US and World News

(Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said the U.S. housing market will probably go through a “correction” after a period of “red hot” price increases that have …

By Fergal Smith TORONTO (Reuters) – The Canadian dollar slumped to a two-year low against its U.S. counterpart on Wednesday before paring its decline, as investors weighed the Federal Reserve’s …

LONDON (Reuters) – Prime Minister Liz Truss’s plans to cut payroll taxes and reverse a planned increase in corporation tax risk putting Britain’s national debt on an unsustainable upward path, …

WASHINGTON (Reuters) – The United States is providing nearly $200 million in additional humanitarian assistance through international organizations and non-government partners in Mexico and Central America, Secretary of State Antony …

(Reuters) – Crypto exchange Kraken said on Wednesday Chief Operating Officer Dave Ripley would replace top boss Jesse Powell, who is stepping down after more than a decade at the …

By Tarek Amara TUNIS (Reuters) – Ghazi Chaouachi, head of a Tunisian opposition party and prominent critic of President Kais Saied, will be questioned by a judge on Thursday over …

By Victoria Waldersee and Supantha Mukherjee STOCKHOLM/BERLIN (Reuters) – Over a dozen automakers including Toyota and Nissan, have signed up with a platform for patent licences from 51 tech companies, …

(Reuters) – The Central Bank of the United Arab Emirates said on Wednesday it was hiking its base rate by three quarters of a percentage point to 3.15% effective from …

By Valerie Volcovici WASHINGTON (Reuters) -Former New York City Mayor Michael Bloomberg launched an $85 million campaign to block the planned construction of plastic and petrochemical plants across the U.S. …

(Refiling to remove pronouns she and her in paragraphs 5-8) By Rose Horowitch (Reuters) -The cost of renting a home in the United States is surging and young workers have …

(Reuters) -Iran curbed access on Wednesday to Meta Platforms’ Instagram and WhatsApp, two of the last remaining social networks in the country, amid protests over the death of a woman …

(Reuters) – Meta Inc is looking to trim its costs by at least 10% within the next few months, the Wall Street Journal reported on Wednesday, citing people familiar with …

By Sameer Manekar and Navya Mittal (Reuters) -Australia’s Link Administration said on Wednesday Britain’s financial regulator may fine the company’s UK unit 50 million pounds ($56.86 million) in addition to …

TOKYO (Reuters) – Moderna Inc Chief Medical Officer Paul Burton said on Wednesday the company is “eager” to collaborate with China on supplying its mRNA-based COVID-19 vaccines to the country. …

By Lucia Mutikani WASHINGTON (Reuters) – U.S. existing home sales dropped for a seventh straight month in August as affordability deteriorated further amid surging mortgage rates and stubbornly high house …

(Reuters) – The U.S. Centers for Disease Control and Prevention expects COVID-19 vaccine boosters targeting circulating variants of the virus to be available for children aged 5-11 years by mid-October. …

By Humeyra Pamuk and John Chalmers NEW YORK (Reuters) -President Vladimir Putin’s thinly veiled threat to use nuclear weapons after Russian setbacks in Ukraine was “dangerous and reckless rhetoric,” NATO’s …

DUBAI (Reuters) – Qatar’s central bank said on Wednesday it will raise its interest rates by 75 basis points as of Thursday, moving in parallel with the U.S. Federal Reserve’s …

By Luc Cohen NEW YORK (Reuters) – Donald Trump, three of his adult children and their family company were sued by New York state Attorney General Letitia James on Wednesday …

(Reuters) – The Central Bank of Kuwait said on Wednesday it will increase its discount rate by 25 basis points to 3% as of Thursday, after the U.S. Federal Reserve’s …

By Ben Klayman and Joseph White DETROIT (Reuters) – Automotive industry suppliers are raising prices to their customers across the board, not just with Ford Motor Co, which warned this …

By Sarah N. Lynch WASHINGTON (Reuters) – Mike Lindell, the My Pillow Inc chief executive and ally to former President Donald Trump, is under U.S. federal investigation for identity theft …

(Reuters) – During an extreme heat wave in early September, the California power grid relied on natural gas for almost half of its electricity generation to meet peak demand, the …