– The U.S. government posted a $119 billion budget surplus in January, the first in more than two years, amid strong growth in tax receipts and a sharp drop in …
U.S.
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Business NewsFeatured News
U.S. consumer prices post largest annual gain in 40 years; weekly jobless claims fall
by Reutersby ReutersBy Lucia Mutikani WASHINGTON – U.S. consumer prices rose solidly in January, leading to the biggest annual increase in inflation in 40 years, fueling financial markets speculation for a 50 …
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Business NewsFeatured News
U.S. mortgage rates jump to two-year high, further squeezing buyers
by Reutersby ReutersBy Jonnelle Marte -U.S. mortgage rates increased to a two-year high last week and could keep rising, a trend which may further squeeze first-time buyers struggling to overcome higher home …
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Business News
U.S. SEC proposes changes to whistleblower program to capture more tipsters
by Reutersby ReutersBy Katanga Johnson WASHINGTON – The U.S. Securities and Exchange Commission on Thursday proposed changing the rules of its whistleblower program to make it easier for tipsters to claim bounties. …
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US and World News
Rights groups urge Biden to repudiate racist U.S. Supreme Court rulings
by Reutersby ReutersBy Lawrence Hurley WASHINGTON – Civil rights groups on Thursday asked President Joe Biden’s administration to disavow century-old Supreme Court rulings suffused with racist language that gave the government license …
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In the News
‘Nobody is ready:’ Many U.S. cities lack resources to chase $1 trln infrastructure windfall
by Reutersby ReutersBy Andy Sullivan – Erie, Pennsylvania could use a facelift. The lakefront city of 100,000 has been adding jobs and businesses downtown, but it remains saddled with vestiges of its …
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Business News
China hopes U.S. will remove tariffs, end sanctions to create conditions for trade
by Reutersby ReutersBEIJING – China hopes the United States will remove additional tariffs on Chinese goods and end its sanctions and crackdowns as soon as possible to create conditions for trade cooperation, …
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US and World News
U.S. agency warns that truckers’ protest could disrupt Super Bowl – CNN
by Reutersby Reuters– The U.S. Department of Homeland Security has warned law enforcement agencies that a convoy of truckers protesting against COVID-19 vaccine mandates could affect this weekend’s Super Bowl in Los …
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Department of Justice Press Releases
Passaic County Man Charged with Attempted Robbery of Two U.S. Postal Service Employees
by DOJ Pressby DOJ PressNEWARK, N.J. – A Passaic County, New Jersey, man was indicted today for assaulting and attempting to rob two U.S. Postal Service (USPS) mail carriers in January 2021, U.S. Attorney …
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WASHINGTON – A bipartisan group of U.S. senators on Wednesday agreed a deal to renew a long-lapsed law to strengthen domestic violence protections, just hours after Hollywood actor and humanitarian …
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Department of Justice Press Releases
U.S. Attorney’s Office Settles Housing Discrimination Lawsuit Against Dansville Rental Property Owners
CONTACT: Barbara Burns PHONE: (716) 843-5817 FAX #: (716) 551-3051 ROCHESTER, N.Y.- U.S. Attorney Trini E. Ross announced today that a settlement agreement has been reached with the current and former owners …
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By Tom Polansek CHICAGO -The U.S. Department of Agriculture (USDA) reported an outbreak of highly pathogenic avian flu in an Indiana turkey flock on Wednesday, the nation’s first case in …
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Business News
Drugmaker Teva may pay as much as $3.6 billion in U.S. opioid settlement
by Reutersby ReutersBy Steven Scheer JERUSALEM -Teva Pharmaceutical Industries said on Wednesday it was bracing to pay as much as $3.6 billion in cash and medicine to settle thousands of lawsuits alleging …
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US and World News
U.S. plans to roll out COVID-19 shots for children under 5 years in February
by Reutersby Reuters– The U.S. government is planning to roll out COVID-19 shots for children under the age of 5 as soon as Feb. 21, according to a document from the U.S. …
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Business News
U.S., Chinese beauty appetite fuel L’Oreal forecast-beating Q4 sales
by Reutersby ReutersPARIS -Holiday spending in the U.S. and China helped L’Oreal beat growth expectations over the crucial end-of-year period as consumers splurged on beauty products. Fuelled by North America – the …
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US and World News
Private contractor to scrap facial recognition requirement for U.S. agencies
by Reutersby ReutersBy Kanishka Singh – Private contractor ID.me said it will drop the facial recognition requirement in the identity-verification software used by several U.S. states and federal agencies, after backlash over …
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Business News
Strong U.S. wholesale inventories point to upward fourth quarter GDP growth revision
by Reutersby ReutersBy Lucia Mutikani WASHINGTON -U.S. wholesale inventories rose slightly more than initially estimated in December as motor vehicle stocks increased by the most in 10 years, offering hope that supply …
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Business News
U.S. dividend funds receive huge inflows as investors switch out of bonds
by Reutersby ReutersBy Patturaja Murugaboopathy – U.S. investors are snapping up funds that invest in dividend-paying stocks as they search for stable income from alternatives to bond markets, which are being roiled …
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Business NewsFeatured News
Discovery-WarnerMedia deal clears U.S. antitrust review
by Reutersby Reuters– Media company Discovery Inc’s plan to acquire venerable film and TV studio WarnerMedia has passed the U.S. Department of Justice’s antitrust review, clearing another hurdle toward closing, according to …
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– Goldman Sachs said on Wednesday it was raising its forecast for the U.S. 10-year Treasury yield to 2.25% by end-2022 and to 2.45% by end-2023. Goldman’s previous forecast for …
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Business News
U.S. may be on ‘cusp’ of inflation slowdown, Fed’s Bostic tells CNBC
by Reutersby ReutersWASHINGTON – The U.S. economy may be nearing a turn lower in inflation, Atlanta Fed President Raphael Bostic said on Wednesday, though he added he is still leaning towards a …
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Business News
U.S. judge dismisses two charges against former Boeing 737 MAX technical pilot
by Reutersby ReutersBy David Shepardson WASHINGTON – A U.S. judge on Tuesday dismissed two charges against a former chief technical pilot for Boeing Co accused of deceiving federal regulators evaluating the company’s …
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ANNAPOLIS, MD—At a State House press conference today, Governor Larry Hogan announced that he will not be a candidate for the United States Senate in 2022: “Lastly today, I want …
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In the News
Fed’s Daly says U.S. inflation could get worse before it gets better
by Reutersby ReutersWASHINGTON -High U.S. inflation may get even higher before subsiding in the face of Federal Reserve action and as supply chain strains recede, San Francisco Federal Reserve Bank President Mary …
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By Adriana Barrera MEXICO CITY – The top U.S. business lobby in Mexico on Tuesday raised concerns about a bill that would strengthen state control of the power market at …