US and World News

By Ann Saphir and Howard Schneider WASHINGTON (Reuters) – The Federal Reserve’s aggressive drive to bring inflation down to its 2% target will take years to complete and come at …

By Lisa Richwine (Reuters) – Roughly 11.4 million people in the United States watched the funeral of Britain’s Queen Elizabeth, the first time TV cameras were allowed at the funeral …

By Luc Cohen and Jody Godoy NEW YORK (Reuters) -Tom Barrack, the private equity executive and onetime fundraiser for former President Donald Trump, and his former assistant acted as a …

By David Shepardson NEW YORK (Reuters) – California’s choice of 2035 as the deadline to end gasoline-only new car sales was the “sweet spot” that will sharply cut emissions but …

BOGOTA (Reuters) – Shares in companies that are part of Colombia’s largest conglomerate GEA rose on Wednesday after Abu Dhabi-based investor International Holding Company (IHC) launched a bid to buy …

By Lucy Raitano LONDON (Reuters) – The pound touched a new 37-year low against the dollar on Wednesday after Russian President Vladimir Putin’s accusation of “nuclear blackmail” by the West …

WASHINGTON (Reuters) – Republican former President Donald Trump blasted New York’s attorney general for suing him, several of his adult children and his company for financial fraud on Wednesday, calling …

By Siddharth Cavale (Reuters) -Aldi’s U.S. arm said on Wednesday that same-store sales in the country rose in the double digits over the last 12 months as rampant inflation pushed …

By Juliette Portala and Simon Jessop LONDON (Reuters) -The world is at a “positive tipping point” in the fight against climate change as surging oil and gas costs spur governments …

By Kirsti Knolle and Anne Kauranen BERLIN/HELSINKI (Reuters) -Germany on Wednesday agreed to nationalise Uniper, raising the bill to rescue the gas importer to 29 billion euros ($28.7 billion) amid …

By Stephen Nellis (Reuters) -Nvidia Corp Chief Executive Jensen Huang said Wednesday that he continues to see a large market for Nvidia’s data center chips in China despite U.S. restrictions …

By Alexander Marrow KAZAN, Russia (Reuters) -The rouble recovered from two month lows and Russian stocks pared losses on Wednesday after earlier plunges triggered by President Vladimir Putin’s move to …

NEW YORK (Reuters) – Citigroup CEO Jane Fraser told Congress on Wednesday higher rates to tame inflation are likely to moderate economic growth in the United States and in the …

By Tom Balmforth IZIUM, Ukraine (Reuters) – Alexander Glushko says he spent the last fortnight of the Russian occupation of his hometown of Izium in northeast Ukraine jailed by Russian …

By Shreyashi Sanyal and Johann M Cherian (Reuters) -European shares ended higher on Wednesday ahead of the U.S. Federal Reserve’s likely third straight jumbo-sized interest rate hike later in the …

SAO PAULO (Reuters) – At least nine people have died after part of a warehouse near the Brazilian city of Sao Paulo collapsed on Tuesday, during a visit by two …

By Jonathan Allen (Reuters) – A former Minneapolis police officer who pleaded guilty to a state charge of aiding and abetting in the killing of George Floyd, a Black man …

SHANGHAI (Reuters) – Xpeng has diversified its battery suppliers and no longer counts industry giant CATL as its primary supplier, the Chinese electric car maker’s president said on Wednesday. The …

By Julie Gordon OTTAWA (Reuters) – Renters are increasingly likely to occupy newer homes in Canada, suggesting investors may be displacing owner-occupiers as the country looks to build its way …

By Karen Brettell NEW YORK (Reuters) – Two-year Treasury yields hit 4% on Wednesday for the first time since 2007 before the Federal Reserve is expected to hike interest rates …

By Tim Hepher and Jamie Freed PARIS/SINGAPORE (Reuters) -Airbus is quietly relaxing pressure on suppliers to commit to a sharp output hike to 75 narrow-body jets a month by mid-decade, …

By Sarah Marsh BERLIN (Reuters) – Russia’s first mobilization since World War Two makes more urgent the need for a cap on Russian oil prices to cut off the “blood …