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Republicans join push to lift secrecy around misconduct in Congress

FILE PHOTO: The Presidential motorcade awaits the departure of U.S. President Donald Trump from the U.S. Capitol in Washington, DC, U.S. on November 28, 2017. REUTERS/Kevin Lamarque/File Photo WASHINGTON (Reuters) – Prominent Republican senators on Thursday em... More »

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Republican governors meet with Pence over NAFTA concerns

FILE PHOTO – U.S. Vice President Mike Pence arrives before U.S. President Donald Trump and Singapore’s Prime Minister Lee Hsien Loong speak at a joint statement at the White House in Washington, DC, U.S. October 23, 2017. REUTERS/Joshua Roberts WASHINGTON (Reu... More »

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Factbox: Provisions of the U.S. Republicans’ final tax bill

(Reuters) – Republicans in the U.S. Congress reached a deal on tax legislation on Wednesday, clearing the way for final votes next week on a package that, if approved, would be sent to President Donald Trump to sign into law. Formal language of the legislation... More »

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House Speaker Ryan mulls retirement after 2018 elections: Politico

U.S. House Speaker Paul Ryan (R-WI) speaks during a news conference on Capitol Hill in Washington, U.S., December 12, 2017. REUTERS/Yuri Gripas WASHINGTON (Reuters) – Republican House Speaker Paul Ryan has told confidants he would like to retire after the 2018... More »

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Alabama Senate race winner urges Republican rival to ‘move on’

Democrat Doug Jones, who won the special U.S. Senate election against Republican candidate Roy Moore, speaks during a news conference in Birmingham, Alabama, U.S., December 13, 2017. REUTERS/Marvin Gentry WASHINGTON (Reuters) – Alabama Democrat Doug Jones, who... More »

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Sterling rises, euro edges down as Brexit deal may be near

British Pound Sterling banknotes are seen in a counter machine at the Money Service Austria company’s headquarters in Vienna, Austria, November 16, 2017. REUTERS/Leonhard Foeger TOKYO (Reuters) – Sterling rose while the euro edged down on Friday, as traders wa... More »

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Franken and Franks resign as misconduct charges batter Congress

U.S. Senator Al Franken (D-MN) departs the U.S. Capitol with his wife Franni after announcing his resignation over allegations of sexual misconduct on Capitol Hill in Washington, U.S. December 7, 2017. REUTERS/Yuri Gripas WASHINGTON (Reuters) – U.S. Democratic... More »

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U.S. expects to participate in Winter Olympics: White House

FILE PHOTO: The 2018 PyeongChang Winter Olympics mascot Soohorang, Paralympics mascot Bandabi and the Olympic Rings are displayed at the Gyeongpodae beach in Gangneung, South Korea, October 31, 2017. REUTERS/Kim Hong-Ji WASHINGTON (Reuters) – White House Press... More »

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Column: U.S. Republicans sharpen knives for retirement program cuts

House Speaker Paul Ryan (R-WI) looks on at the Capitol Christmas Tree lighting ceremony on West Front Lawn of the U.S. Capitol in Washington, U.S., December 6, 2017. REUTERS/Yuri Gripas CHICAGO (Reuters) – Traditionally, U.S. politicians avoid talking about cu... More »

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Dollar gains on U.S. tax cut progress- Brexit deal eyed

A woman walks in strong wind caused by Typhoon Lan, past an electronic board showing the graphs of the recent movements of Japan’s Nikkei average outside a brokerage in Tokyo, Japan, October 23, 2017. REUTERS/Issei Kato SYDNEY (Reuters) – The U.S. dollar bounc... More »

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U.S. equity index futures open higher after Senate passes tax bill

A trader works on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., December 1, 2017. REUTERS/Brendan McDermid NEW YORK (Reuters) – U.S. stock futures opened higher on Sunday after the U.S. Senate approved a tax overhaul bill early Saturday. ... More »

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McConnell optimistic of tax bill deal between Senate and House

U.S. Senate Majority Leader Mitch McConnell (R-KY) walks to the Senate floor as debate wraps up over the Republican tax reform plan in Washington, U.S., December 1, 2017. REUTERS/James Lawler Duggan WASHINGTON (Reuters) – U.S. Senate Republican leader Mitch Mc... More »

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Flynn pleads guilty to lying on Russia, cooperates with U.S. probe

Former U.S. National Security Adviser Michael Flynn departs U.S. District Court, where he was expected to plead guilty to lying to the FBI about his contacts with Russia’s ambassador to the United States, in Washington, U.S., December 1, 2017. REUTERS/Jonathan... More »

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Embattled Alabama Republican Senate candidate ahead in CBS poll

FILE PHOTO: Judge Roy Moore participates in the Mid-Alabama Republican Club’s Veterans Day Program in Vestavia Hills, Alabama, U.S., November 11, 2017. REUTERS/Marvin Gentry/File Photo WASHINGTON (Reuters) – Embattled Republican U.S. Senate candidate Roy Moore... More »

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Euro holds line at $1.19 as investment prospects brighten

The German Central Bank (Bundesbank) presents the 50 euro banknote at its headquarters in Frankfurt, Germany, March 16, 2017. REUTERS/Kai Pfaffenbach LONDON (Reuters) – The euro edged higher for a third consecutive day on Friday as investment flows propped up ... More »

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Senate grapples with tax cut plan’s impact on federal deficit

Demonstrators gather outside the U.S. Capitol to protest the Republican tax plan as it works through the Senate in Washington November 30, 2017. REUTERS/James Lawler Duggan WASHINGTON (Reuters) – U.S. Senate Republicans will grapple on Friday with the possibil... More »

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Senate tax bill stalls on deficit-focused ‘trigger’

Demonstrators gather outside the U.S. Capitol to protest the Republican tax plan as it works through the Senate in Washington November 30, 2017. REUTERS/James Lawler Duggan WASHINGTON (Reuters) – The U.S. Senate on Thursday delayed voting on a Republican tax o... More »

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Indivior drug to fight opioid addiction approved by U.S. FDA

(Reuters) – Indivior’s experimental drug to help fight America’s growing opioid addiction crisis was approved by the U.S. Food and Drug Administration late on Thursday, boosting its sales prospects as competitors threaten revenues from an older product. Shares... More »

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U.S. attorney general Sessions evasive on Russia probe: congressmen

U.S. Attorney General Jeff Sessions arrives for closed door interview with the House Intelligence Committee on Capitol in Washington, U.S., November 30, 2017. REUTERS/Joshua Roberts WASHINGTON (Reuters) – U.S. Attorney General Jeff Sessions refused to answer q... More »

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Factbox: What is the U.S. Consumer Financial Protection Bureau?

(Reuters) – The U.S. Consumer Financial Protection Bureau (CFPB) has been thrown into disarray by a battle between the White House and Obama-era officials over who gets to run the federal watchdog on an interim basis after its director resigned. Outgoing direc... More »

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U.S. consumer watchdog agency official sues to block Trump’s pick

Office of Management and Budget Director Mick Mulvaney attends the daily briefing at the White House in Washington, U.S., July 20, 2017. REUTERS/Carlos Barria WASHINGTON (Reuters) – A senior U.S. Consumer Financial Protection Bureau official filed suit late on... More »

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Succession battle at U.S. financial agency seen headed to courts

Office of Management and Budget Director Mick Mulvaney attends the daily briefing at the White House in Washington, U.S., July 20, 2017. REUTERS/Carlos Barria WEST PALM BEACH, Fla./WASHINGTON (Reuters) – A battle between the White House and Democrats over warr... More »

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Justice Department says White House may name new consumer watchdog

WASHINGTON (Reuters) – The White House may name an acting director of the Consumer Financial Protection Bureau, the Justice Department said in a memo on Saturday that endorsed an action by the Trump administration. “The President may designate an Acting Direct... More »

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Sign-up pace slows in third week of 2018 Obamacare enrollment

FILE PHOTO: A sign on an insurance store advertises Obamacare in San Ysidro, San Diego, California, U.S., October 26, 2017. REUTERS/Mike Blake/File Photo (Reuters) – The pace slowed in the third week of enrollment for 2018 Obamacare individual insurance as nea... More »

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U.S. patent review board becomes conservative target

FILE PHOTO: Demonstrators supporting the organization U.S. Inventors burn patents in front of the U.S. Patent and Trademark Office during a protest in Alexandria, Virginia, U.S. on August 11, 2017. REUTERS/Jan Wolfe/File Photo NEW YORK(Reuters) – In August, a ... More »

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U.S. bank examiners to show lighter touch, OCC’s Noreika says

NEW YORK (Reuters) – A top U.S. bank regulator has been working to ensure that examiners on the ground have a lighter touch with institutions they scrutinize, but change will take more time, acting Comptroller of the Currency Keith Noreika said in an interview... More »

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Euro slips as German coalition talks fail, heightens uncertainty

50 and 20 Euro banknotes are displayed in this picture illustration taken November 14, 2017. REUTERS/Benoit Tessier/Illustration SINGAPORE (Reuters) – The euro hit a two-month low against the yen on Monday, as German Chancellor Angela Merkel’s efforts to form ... More »

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Factbox: From tax to budget, what’s on U.S. Congress to-do list

(Reuters) – The U.S. Congress is hurtling toward some major tax, budget and other policy deadlines. Some are hard and some are flexible, with the end of 2017 approaching. Here is the Capitol Hill outlook for what promises to be a turbulent November-December. W... More »

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Democrats to question Sessions on Russia meetings

U.S. Attorney General Jeff Sessions will face a barrage of questions from Democrats in the House of Representatives on Tuesday over whether he lied about communications between President Donald Trump's election campaign and Russian representatives. More »

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Russia`s RT America registers as `foreign agent` in U.S.

The Kremlin-backed television station RT America registered Monday with the U.S. Department of Justice as a "foreign agent" in the United States, the outlet's editor in chief said and the Department of Justice confirmed later in the day. More »

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TPP leaders` meeting fails to materialise amid disputes

A planned meeting of leaders of the 11 countries in the Trans Pacific Partnership (TPP) to decide on the fate of the trade pact did not take place on Friday, amid disagreements over how to take it forward without the United States. More »

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Dueling Republican tax plans advance in Congress

U.S. Senate Republicans unveiled a tax plan on Thursday that differed from the House of Representatives' version on several key fronts, including how they treat the corporate tax rate, the tax deduction for state and local taxes, and the estate tax. More »

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Multinationals grapple with Republican excise tax surprise

The Republican tax bill unveiled last week in the U.S. Congress could disrupt the global supply chains of large, multinational companies by slapping a 20-percent tax on cross-border transactions they routinely make between related business units. More »

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Sprint, T-Mobile call off merger after months of talks

Sprint Corp (S.N) and T-Mobile US Inc (TMUS.O) said on Saturday they have called off merger talks to create a stronger U.S. wireless company to rival market leaders, leaving No. 4 provider Sprint to engineer a turnaround on its own. More »

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Broadcom plans record tech deal with Qualcomm bid: sources

Communications chipmaker Broadcom Ltd (AVGO.O) is planning to unveil a bid for smartphone chip supplier Qualcomm Inc (QCOM.O) by Monday, three sources familiar with the matter said on Friday, an attempt to create a roughly $200-billion company through the bigg... More »

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U.S. House approves funding for children`s healthcare program

The U.S. House of Representatives on Friday approved legislation to continue a federal insurance program for millions of lower-income children and pregnant women, but with an ongoing funding battle it could be weeks before the program gets more money. More »

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U.S. economy likely slowed by hurricanes in third quarter

U.S. economic growth probably slowed in the third quarter as hurricanes Harvey and Irma restrained consumer spending and undercut construction activity, but underlying momentum likely remained strong amid robust business investment on equipment. More »

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Euro tumbles against dollar- Treasury yields up

The euro had its worst day against the dollar in 16 months on Thursday after the European Central Bank began weaning the euro zone off loose monetary policy, while U.S. Treasury yields rose slightly, hurt by weak demand at an auction of 7-year notes. More »

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Victory for Abenomics lifts world stocks to new record

Japanese Prime Minister Shinzo Abe's convincing election victory lifted the Nikkei to its highest in 21 years and world stocks to an all-time high on Monday, despite an escalation of Spain's constitutional crisis that weighed on the country's banks. More »

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Mugabe removed as WHO goodwill envoy after outrage

Zimbabwean President Robert Mugabe has been removed as a goodwill ambassador, the World Health Organization said on Sunday, following outrage among Western donors and rights groups at his appointment. More »

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Colony Capital injects cash, in talks to buy Weinstein Co

The Weinstein Company has entered talks to sell the bulk of its assets to private equity firm Colony Capital, the companies said on Monday, as the film production company looks for stability after firing co-founder Harvey Weinstein. More »

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Trump undermines U.S. birth control coverage requirement

President Donald Trump's administration on Friday undermined requirements under the Obamacare law that employers provide insurance to cover women's birth control, keeping a campaign pledge that pleased his conservative Christian supporters. More »

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Flexion`s knee pain drug gets FDA nod, shares hit life high

Flexion Therapeutics Inc said its injectable drug to treat osteoarthritis-related knee pain was approved by the U.S. Food and Drug Administration, sending the drug developer's shares soaring to a record high in regular trading on Friday. More »