By Mark Miller (Reuters) – U.S. seniors tell pollsters that high inflation is one of their top worries – and that makes sense. Aside from Social Security, which is adjusted …
U.S.
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Top HeadlinesUS and World News
U.S. needs to modernize nuclear systems to counter possible foreign threats – admiral
by Reutersby ReutersBy Alexandra Alper and Idrees Ali WASHINGTON – The United States needs to keep modernizing its nuclear command and control system to combat possible spying from foreign company equipment installed …
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Top HeadlinesUS and World News
U.S. gets warrant to search phone of Trump’s election attorney John Eastman
by Reutersby ReutersBy Kanishka Singh WASHINGTON – The U.S. Justice Department said on Wednesday it got a warrant to search the phone of former President Donald Trump’s election attorney, John Eastman, who …
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Top HeadlinesUS and World News
U.S. Senate panel approves update of children’s online privacy bill
by Reutersby ReutersWASHINGTON – The U.S. Senate Commerce Committee voted Wednesday to approve a measure that would raise the age children are given special online privacy protections to 16 and bar targeted …
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Top HeadlinesUS and World News
U.S. offer to gain release of Griner, Whelan made to Russia weeks ago -official
by Reutersby ReutersWASHINGTON – A U.S. offer to Russia to gain the release of two Americans detained by Moscow, Brittney Griner and Paul Whelan, was made weeks ago and the White House …
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Financial News
Fed’s Powell does not believe U.S. economy is in recession right now
by Reutersby Reuters(Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said he did not believe the U.S. economy is currently in a recession but it is softening and the path for …
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Financial News
Former U.S. congressman pleads not guilty to insider trading charges
by Reutersby ReutersNEW YORK – Former U.S. congressman Stephen Buyer pleaded not guilty in Manhattan federal court on Wednesday to insider trading charges over purchases of Sprint shares before the telecommunications company …
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Top HeadlinesUS and World News
Wisconsin Democrats line up behind Barnes in bid to unseat U.S. Senator Johnson
by Reutersby ReutersWASHINGTON – Milwaukee Bucks executive Alex Lasry will end his run for the Democratic U.S. Senate nomination in Wisconsin, party officials said on Wednesday, as Democrats lined up behind Lieutenant …
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Department of Justice Press Releases
U.S. Attorney Gary Restaino Appoints Election Officer for the District of Arizona
by DOJ Pressby DOJ PressPHOENIX, Ariz. – United States Attorney Gary Restaino announced today that Assistant United States Attorney (AUSA) Sean Lokey will lead the efforts of his Office in connection with the upcoming …
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Financial News
U.S. Treasury official says IMF SDR lending pledges reach about $58 billion
by Reutersby ReutersWASHINGTON – Pledges from wealthier International Monetary Fund members to lend IMF Special Drawing Rights reserves to poorer countries through two IMF trust funds have reached about $58 billion, U.S. …
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Top HeadlinesUS and World News
U.S., EU clear manufacturing plant for Bavarian Nordic’s monkeypox vaccine
by Reutersby Reuters(Reuters) -Drugmaker Bavarian Nordic said U.S. and European regulators have approved the use of Jynneos vaccine doses made at the company’s plant in Denmark as global efforts to tackle the …
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Financial News
Merck avoided billions in U.S. tax by offshoring Keytruda profits – senator
by Reutersby ReutersBy Michael Erman (Reuters) – Drugmaker Merck & Co avoided billions of dollars of U.S. taxes in recent years on its top-selling cancer drug Keytruda by booking all the profits …
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WASHINGTON – Contracts to buy U.S. previously owned homes fell more than expected in June as rising mortgage rates and higher house prices continued to reduce affordability for entry-level and …
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Financial News
U.S. goods trade deficit narrows sharply in June; inventories increase
by Reutersby ReutersWASHINGTON – The U.S. trade deficit in goods narrowed sharply in June amid a surge in exports, which could potentially calm fears that the economy contracted again in the second …
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Financial News
U.S. Treasury to allow COVID funds for state, local affordable housing loans
by Reutersby ReutersWASHINGTON – The U.S. Treasury said on Wednesday that it will allow state, local and tribal governments more flexibility to use COVID-19 rescue funds to boost the supply of affordable …
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Top HeadlinesUS and World News
U.S. House speaker Pelosi looks to visit Japan in August – Kyodo
by Reutersby Reuters(Reuters) – U.S. House Speaker Nancy Pelosi plans to visit Japan in August, Kyodo reported on Wednesday, citing sources. (Reporting by Akriti Sharma in Bengaluru)
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Financial News
Analysis-Investors gauge U.S. stocks rebound: ‘suckers’ rally’ or market bottom?
by Reutersby ReutersBy David Randall NEW YORK – As investors await another jumbo-sized rate increase from the Federal Reserve, they are taking the temperature of a weeks-long U.S. stock market rally that …
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Financial News
U.S. consumer watchdog to scrutinize crypto payments, Big Tech moves into finance -director
by Reutersby ReutersBy Katanga Johnson and Michelle Price WASHINGTON – The top U.S. consumer watchdog plans to scrutinize the use of cryptocurrencies for real-time payments and ramp up oversight of Big Tech …
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Top HeadlinesUS and World News
Yellen discusses price cap on Russian oil with UK’s Zahawi – U.S. Treasury
by Reutersby Reuters(Reuters) – U.S. Treasury Secretary Janet Yellen highlighted a proposed price cap on Russian oil on a phone call with British Finance Minister Nadhim Zahawi on Tuesday, a move to …
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Top HeadlinesUS and World News
U.S. Justice Department probing Trump’s efforts to overturn election -Wash Post
by Reutersby Reuters(Reuters) – The U.S. Justice Department is investigating Donald Trump’s actions in its criminal probe of the former president’s attempts to overturn his 2020 election defeat, the Washington Post reported …
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Top HeadlinesUS and World News
U.S. air controller union chief says FAA staffing not keeping up
by Reutersby ReutersBy David Shepardson WASHINGTON – The president of a union representing federal air traffic controllers said Tuesday the U.S. Federal Aviation Administration (FAA) needs to do a better job of …
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Top HeadlinesUS and World News
U.S. may require nearly $7 billion to combat monkeypox outbreak – WaPo
by Reutersby Reuters(Reuters) – The Biden administration estimates it may need nearly $7 billion to deal with the monkeypox outbreak in the United States, the Washington Post reported on Tuesday. The funding …
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Top HeadlinesUS and World News
U.S. probes Tesla crash that killed motorcyclist in Utah
by Reutersby ReutersBy David Shepardson and Hyunjoo Jin WASHINGTON -The National Highway Traffic Safety Administration (NHTSA) said on Tuesday it has opened a special investigation into the crash of a 2020 Tesla …
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Financial News
Cutting U.S. deficits would help the Fed tame inflation, White House says
by Reutersby ReutersWASHINGTON – The Biden administration’s goal of cutting deficits would help the Federal Reserve in its efforts to cut inflation, a top White House economic adviser said on Tuesday. “Enacting …
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Financial News
No, we’re not in a recession, Biden administration tells U.S. voters
by Reutersby ReutersBy Trevor Hunnicutt WASHINGTON – The U.S. economy is plagued by inflation and suffering from fallout from Russia’s war in Ukraine – but it’s not in recession. That’s the message …