By Lucia Mutikani WASHINGTON (Reuters) -Production at U.S. factories increased more than expected in February amid a rise in temperatures, but data for the prior month was revised sharply down …
"dollar tree"
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US economy cooling in first quarter; inflation appears sticky
by Reutersby ReutersBy Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales rebounded less than expected in February, suggesting a slowdown in consumer spending in the first quarter amid rising inflation and high …
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Biden Admin Launches Probe Into Health Care Giant Amid Antitrust Crackdown: REPORT
Biden Admin Launches Probe Into Health Care Giant Amid Antitrust Crackdown: REPORT Will Kessler on February 27, 2024 The Biden administration in recent weeks has launched an antitrust investigation into …
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STEPHEN MOORE: One Blue State Is Turning Back The Clock In The Worst Way Possible
STEPHEN MOORE: One Blue State Is Turning Back The Clock In The Worst Way Possible Stephen Moore on February 25, 2024 No state in modern times has transitioned from a …
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Hundreds of New Jersey Cops Must be Retrained After Attending Course that Taught Unconstitutional Tactics
TRENTON, NJ – New Jersey’s Attorney General has mandated that up to 240 police officers undergo retraining in March or face disciplinary actions. This directive targets officers who participated in …
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Prince George’s County Police Seize 30 Kilos of Cocaine in Major Drug Bust
by Jeff Jonesby Jeff JonesPrince George’s County, MD – In a significant blow to local drug trafficking, the Prince George’s County Police Department’s Gang Unit and Narcotics Enforcement Division have confiscated approximately 30 kilos …
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By Ankur Banerjee and Rae Wee SINGAPORE (Reuters) – Japanese stocks raced to a record peak on Thursday, breaking levels last seen in 1989 during the halcyon days of the …
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Yields rise on Fed fears of cutting rates too soon, stocks mixed
by Reutersby ReutersBy Herbert Lash NEW YORK (Reuters) -Treasury yields rose on Wednesday after minutes from the Federal Reserve’s last meeting showed concerns about cutting interest rates too soon, while global shares …
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Montenegro court says Do Kwon should be extradited to US, WSJ reports
by Reutersby Reuters(Reuters) – A court in Montenegro on Wednesday ruled that crypto entrepreneur and Terraforms Labs co-founder Do Kwon should be extradited to the United States, rather than to his home …
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Biden’s Plan To Boost American Chip Manufacturing Is Already Facing Setbacks
Biden’s Plan To Boost American Chip Manufacturing Is Already Facing Setbacks Jason Cohen on February 19, 2024 President Joe Biden’s ambitious plan for boosting domestic chip manufacturing is already hitting …
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Hard hit by the US opioid crisis, Oregon reconsiders decriminalization
by Reutersby ReutersBy Deborah Bloom PORTLAND, Oregon (Reuters) – It’s a common sight on the streets of downtown Portland, Oregon: people in front of stores, trendy restaurants and hotels, on sidewalks, corners, …
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DAVID BLACKMON: The Billionaire Class Is Fueling The War Against Abundant American Energy
DAVID BLACKMON: The Billionaire Class Is Fueling The War Against Abundant American Energy David Blackmon on February 17, 2024 It has been an open secret for years now that big …
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US plans to send weapons to Israel even as Biden pushes for ceasefire, WSJ reports
by Reutersby Reuters(Reuters) – The Biden administration is preparing to send bombs and other weapons to Israel that would add to its military arsenal even as the U.S. pushes for a ceasefire …
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US considering more than $10 billion in subsidies for Intel -Bloomberg News
by Reutersby Reuters(Reuters) -The Biden administration is in talks to award more than $10 billion in subsidies to Intel Corp, Bloomberg News reported on Friday, citing people familiar with the matter. Negotiations …
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Strong services price increases lift US producer inflation in January
by Reutersby ReutersBy Lucia Mutikani WASHINGTON (Reuters) – U.S. producer prices increased more than expected in January amid strong gains in the costs of services such as hospital outpatient care and portfolio …
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Frigid temperatures chill US retail sales, factory production
by Reutersby ReutersBy Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales fell by the most in 10 months in January, but economists cautioned against reading too much into the sharp drop amid …
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Nvidia replaces Alphabet as Wall St’s third most valuable company
by Reutersby ReutersBy Noel Randewich (Reuters) -Nvidia eclipsed Google-parent Alphabet as the third most valuable U.S. company on Wednesday, just after overtaking Amazon and as investors looked to the dominant AI chipmaker’s …
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By Akash Sriram (Reuters) -Drivers for Uber Technologies, Lyft and delivery workers for DoorDash were staging a strike on Wednesday, seeking fair pay and better treatment. Workers say the rideshare …
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Rising rents push US inflation higher; rate cuts still expected in 2024
by Reutersby ReutersBy Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices rose more than expected in January amid a surge in the cost of rental housing, but the pick-up in inflation did …
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‘We Should All Feel Heartbroken’: Dem Mayor Fumes At Congress After Border Security Bill Dies
‘We Should All Feel Heartbroken’: Dem Mayor Fumes At Congress After Border Security Bill Dies Jake Smith on February 10, 2024 The city of Denver is blaming its migrant crisis …
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KENNETH RAPOZA: How Biden’s Signature Bill Will Subsidize Our Biggest Rivals
KENNETH RAPOZA: How Biden’s Signature Bill Will Subsidize Our Biggest Rivals Kenneth Rapoza on February 9, 2024 No one saw that coming did they? The Inflation Reduction Act, often dubbed …
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Mixed US consumer price revisions leave slowing inflation trend intact
by Reutersby ReutersBy Lucia Mutikani WASHINGTON (Reuters) – U.S. monthly consumer prices rose less than initially thought in December, but the overall inflation revisions were mixed, and did not shift expectations on …
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Putin, in rare US interview, says Russia has no interest in wider war
by Reutersby Reuters(This Feb. 8 story has been refiled to add the dropped word ‘to’ in paragraph 2) By David Ljunggren, Ronald Popeski and David Brunnstrom (Reuters) – Russian President Vladimir Putin …
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By Chris Prentice and Caroline Valetkevitch NEW YORK (Reuters) -Wall Street’s major indexes rose on Thursday with the S&P hovering near the 5,000-point milestone as investors reacted to earnings reports …
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US weekly jobless claims stay low despite high-profile layoff announcements
by Reutersby ReutersBy Lucia Mutikani WASHINGTON(Reuters) – The number of Americans filing new claims for unemployment benefits fell slightly more than expected last week, pointing to underlying labor market strength despite a …