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News
Ahead of Fed meeting, Trump says US should have world’s lowest interest rate
18+ hour, 29+ min ago (374+ words) By Bo Erickson, Padraic Halpin and Conor Humphries DOONBEG, Ireland, Sept 13 (Reuters) – No country should have lower interest rates than the U.S., President Donald Trump said on Sunday, days before the Federal Reserve’s next policy meeting. Speaking to reporters at…...
Shares slip in Asia as oil climbs, rate hikes loom
13+ hour, 24+ min ago (592+ words) SYDNEY, Sept 14 (Reuters) – Share markets slid in Asia on Monday as supply concerns caused oil prices to spike anew, while investors braced for possible interest rate hikes in both the United States and Japan this week. Brent climbed 3% as new…...
Memorial statue of conservative activist Charlie Kirk vandalized
17+ hour, 14+ min ago (180+ words) Sept 13 (Reuters) – A newly installed memorial statue of slain conservative activist Charlie Kirk was vandalized overnight in Phoenix on Sunday, according to the organization that he founded. The statue was defaced with red paint, according to a post on X…...
Carney pushes idea of making Canada???associate member??? of EU, WSJ reports
20+ hour, 33+ min ago (400+ words) BRUSSELS, Sept 13 (Reuters) – Canada’s Prime Minister Mark Carney wants a closer relationship with the European Union and is exploring whether his country could become an “associate member” of the bloc, the Wall Street Journal reported on Sunday. The EU, which…...
US judge rules that Trump plan to halve FEMA workforce violated law | KELO-AM
1+ day, 16+ hour ago (524+ words) Sept 12 (Reuters) – A U.S. judge has ruled that the Trump administration broke the law by ordering the Federal Emergency Management Agency to cut its workforce in half. U.S. District Judge Susan Illston in San Francisco in a decision issued late Friday…...
US to issue $500 Obamacare refunds to nearly a million Americans
3+ day, 16+ hour ago (415+ words) WASHINGTON, Sept 10 (Reuters) – Nearly one million Americans enrolled in Obamacare plans will receive $500 in payments as the Trump administration moves to refund those who were overcharged through the federal marketplace. The White House said on Thursday the Biden Administration overcharged…...
Washington nonprofit Better Markets sues Federal Reserve over capital rule overhaul
3+ day, 20+ hour ago (310+ words) By Pete Schroeder and Michelle Price WASHINGTON, Sept 10 (Reuters) – Better Markets, a Washington nonprofit that advocates for Wall Street reforms, sued the U.S. Federal Reserve on Thursday, alleging the central bank has broken federal rules in its handling of a…...
ABC’s Jimmy Kimmel says interview with Senate candidate Talarico will not air on network
3+ day, 22+ hour ago (197+ words) WASHINGTON, Sept 10 (Reuters) – ABC late-night talk show host Jimmy Kimmel said an interview with Democratic Senate candidate James Talarico on Thursday will air on YouTube and not during the network broadcast, citing threats from the Federal Communications Commission. In January,…...
Macy’s lifts annual forecast as luxury banners thrive under CEO turnaround
4+ day, 1+ hour ago (376+ words) Sept 10 (Reuters) – Macy’s raised its annual sales and profit forecasts on Thursday, buoyed by robust spending among higher-income shoppers at its upscale Bloomingdale’s and Bluemercury chains despite economic pressures in the United States. The department-store operator has been pursuing its…...
US producer prices increase as expected in August
3+ day, 23+ hour ago (461+ words) WASHINGTON, Sept 10 (Reuters) – U.S. producer prices increased in line with expectations in August amid a rebound in the cost of energy products. The Producer Price Index for final demand rose 0.4% last month after an upwardly revised 0.1% gain in July, the…...