(Reuters) – U.S. stock index futures rose on Monday on hopes of stimulus-fueled economic recovery even though sentiment remained fragile amid growing evidence of a surge in the coronavirus infections. Trillions of dollars in monetary and fiscal support, the re... More »
(Reuters) – White House adviser Kevin Hassett will leave the administration of U.S. President Donald Trump this summer, Axios reported on Monday, citing two officials. Hassett had returned as an adviser earlier this year to help the Trump administration tackle... More »
SEOUL (Reuters) – Accounts by former U.S. National Security Adviser John Bolton of discussions between leaders of the United States and the two Koreas in his upcoming book are inaccurate and distorted, South Korea said on Monday. Bolton gives details in the bo... More »
WASHINGTON (Reuters) – U.S. Attorney General William Barr deserves to be impeached over the firing of a federal prosecutor whose office had been investigating President Donald Trump’s personal lawyer but the effort would be a “waste of time,” a leading Democra... More »
(Reuters) – TikTok users and fans of Korean pop music took partial credit for inflating attendance expectations at a less-than-full arena at President Donald Trump’s first political rally in months, held in Tulsa, Oklahoma, on Saturday. Social media users on p... More »
WASHINGTON (Reuters) – The Trump administration is determined to end the Dreamers program that protects immigrants who entered the United States illegally as children within the next six months, the acting head of the Department of Homeland Security said on Su... More »
(Reuters) – Tom Petty’s family slammed President Donald Trump for using the late rock star’s hit “I Won’t Back Down” at his sparsely attended rally in Tulsa, sending the campaign a cease and desist warning. “Trump was in no way authorized to use this song to f... More »
WASHINGTON (Reuters) – White House trade adviser Peter Navarro on Sunday said he was in the room with President Donald Trump and Chinese President Xi Jinping when they met, but never heard the U.S. president ask for China’s help in winning re-election. Navarro... More »
WASHINGTON (Reuters) – The Trump administration is doing “a great job” reopening the country after lockdowns to contain the novel coronavirus outbreak, Acting Homeland Security Secretary Chad Wolf said on Sunday, as infections continued to spike in some key st... More »
TULSA, Okla. (Reuters) – President Donald Trump, addressing a less-than-full arena for his first political rally in months, blasted anti-racism protests and defended his handling of the coronavirus on Saturday in a bid to reinvigorate his re-election campaign.... More »
NEW YORK (Reuters) – Boarded-up shops, a depressing sight for New Yorkers after looters infiltrated anti-racism marches in the city’s trendiest neighborhoods, are being transformed into canvases of hope with paintbrushes wielded by a small army of artists. The... More »
(Reuters) – No denying May’s $73 billion rebound in U.S. retail sales was an eye-popper and is the latest fodder to fuel the red-hot “V” vs “U” debate about what kind of recovery to expect from the COVID-19 recession. Even Federal Reserve Chair Jerome Powell, ... More »
(Reuters) – U.S. stocks dropped on Monday after a spike in new coronavirus cases in China and parts of the United States dampened hopes of a swift economic recovery that had driven a sharp rise in Wall Street’s main indexes over the past month. Battered shares... More »
(Reuters) – The U.S. will amend its prohibitions on U.S. companies doing business with China’s Huawei to allow them to work together in standards settings for next generation 5G networks, according to people familiar with the matter. The U.S. Commerce Departme... More »
NEW YORK (Reuters) – The Federal Reserve said on Monday it had opened registration for lenders interested in participating in its Main Street Lending Program, launching arguably the most complex program undertaken yet by the U.S. central bank to help keep the ... More »
(Reuters) – The Federal Reserve on Monday launched its latest life raft for U.S. businesses hurt by the coronavirus pandemic. Administered by the Boston Fed, the Main Street Lending Program will offer up to $600 billion in loans through participating lenders t... More »
LONDON (Reuters) – British coastguards have located the wreckage of a U.S. fighter plane that crashed into the North Sea off the coast of northeast England on Monday but the pilot is still missing, the U.S. Air Force said in a statement. The F-15C Eagle from t... More »
AMMAN (Reuters) – The toughest U.S. sanctions yet on Syria take effect this week, increasing the pressure on President Bashar al-Assad as he grapples with a deepening economic crisis after a decade of war. Washington says sanctions will help hold Assad and his... More »
WASHINGTON (Reuters) – The Democratic National Committee’s council on climate change irked party leadership when it published policy recommendations this month that ventured beyond presidential candidate Joe Biden’s plan, according to three people familiar wit... More »
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to take up a series of new cases seeking to expand gun rights. The court rejected a total of 10 different cases that had piled up at the court in recent months. Two justices, conservatives Claren... More »
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday handed President Donald Trump a defeat in his legal showdown with the most-populous U.S. state, declining to hear his administration’s challenge to “sanctuary” laws in California that protect immigrants f... More »
WASHINGTON (Reuters) – Two Democratic senators on Monday asked U.S. Defense Secretary Mike Esper what happened to $1 billion in aid for Afghanistan the Trump administration said it would cut nearly three months ago, according to a letter reviewed by Reuters. S... More »
BEIJING (Reuters) – Delta Air Lines (DAL.N) has received approval from the Shanghai government to resume flights from June 18, a company spokeswoman said on Monday, paving the way for the carrier to resume services to China after months of suspension due to CO... More »
WASHINGTON (Reuters) – People attending U.S. President Donald Trump’s campaign rally in Oklahoma this week should wear masks, a White House adviser said on Sunday, as health experts cautioned against large gatherings such as political rallies during the corona... More »
WASHINGTON (Reuters) – The U.S. Department of Health and Human Services issued a rule on Friday that would lift anti-discrimination protections under Obamacare for transgender people and women seeking abortions, drawing condemnation from Democratic lawmakers. ... More »
WASHINGTON (Reuters) – President Donald Trump has bowed to pressure over an election rally scheduled to take place in Tulsa, Oklahoma, on the “Juneteenth” anniversary that commemorates the end of U.S. slavery, and said he was pushing the event back by a day. T... More »
(Reuters) – U.S. President Donald Trump said on Friday he would shift the date of an Oklahoma rally from June 19th, the date of the “Juneteenth” African-American freedom day, to June 20th out of respect for the holiday marking the emancipation of slaves in Tex... More »
WASHINGTON (Reuters) – Georgia Democrats will try to pick their challenger to Republican Senator David Perdue on Tuesday when voters in five U.S. states choose candidates for the White House and Congress as the nation navigates a trio of politically charged cr... More »
WASHINGTON (Reuters) – President Donald Trump’s decision to cut U.S. troop levels in Germany blindsided a number of senior national security officials, according to five sources familiar with the matter, and the Pentagon had yet to receive a formal order to ca... More »
HSINCHU, Taiwan (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd (TSMC) (2330.TW) could quickly fill any order gap should U.S. restrictions against Huawei Technologies Co Ltd [HWT.UL] prevent sales to the Chinese firm, the company’s chairman said on Tuesd... More »
(Reuters) – The U.S. women’s national team has called on the United States Soccer Federation (USSF) to repeal a policy forbidding players from kneeling during the national anthem and issue an apology to black players and fans. The USSF will hold a special meet... More »
WASHINGTON (Reuters) – The U.S. units of China Telecom Corp’s (0728.HK) and China Unicom (0762.HK) urged the Federal Communications Commission (FCC) not to revoke the company’s nearly two-decade old authorization to provide international telecommunications ser... More »
WASHINGTON (Reuters) – U.S. President Donald Trump plans to start holding campaign rallies again in the next two weeks, a Trump campaign official said on Monday, ending a three-month hiatus brought on by the coronavirus pandemic. Trump, who thrives on the ener... More »
(Reuters) – Democratic presidential candidate Joe Biden showed compassion that “meant the world” to George Floyd’s family on Monday, according to a lawyer for relatives of the black man who died in police custody. Biden met with Floyd’s relatives in Houston fo... More »
(Reuters) – The United States Tennis Association (USTA) said on Monday it will eliminate 110 jobs and close its White Plains, New York office as part of belt-tightening measures brought on by the COVID-19 outbreak. The USTA said in a statement the measures wer... More »
WASHINGTON (Reuters) – A U.S. banking regulator announced on Wednesday it had finalized work on a long-running effort to change community lending standards for banks. The new rule from the Office of the Comptroller of the Currency (OCC) is an update to require... More »
SACRAMENTO, Calif. (Reuters) – Businesses in the San Francisco Bay Area may open for curbside retail and manufacturing, while fan-free professional sports events might be allowed as soon as June, as California continued to loosen coronavirus health restriction... More »
(Reuters) – California governor Gavin Newsom cleared a path for the potential return of professional sport in the state, saying on Monday that an early June restart was possible under strict guidelines, including no fans. Shuttered for nearly two months by the... More »
(Reuters) – The United States will announce on Tuesday that it has signed a $354 million contract with a company to make generic medicines and pharmaceutical ingredients in the country needed to treat COVID-19, the New York Times reported late on Monday. The m... More »
WASHINGTON (Reuters) – The U.S. government’s handling of its massive economic response to the coronavirus pandemic will come under scrutiny on Tuesday as Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell testify before the Senate Bankin... More »
WASHINGTON (Reuters) – U.S. Attorney General William Barr said on Monday he does not expect a Justice Department review of the FBI’s handling of 2016 election interference to lead to criminal investigation of former President Barack Obama or former Vice Presid... More »
WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday he was surprised that Attorney General William Barr opted not to look at former President Barack Obama in a Justice Department review of the FBI’s handling of 2016 Russia probe. “I’m a little su... More »
WASHINGTON (Reuters) – President Donald Trump may have fired State Department Inspector General Steve Linick because he was investigating U.S. military sales to Saudi Arabia, Democratic lawmakers said on Monday, although Secretary of State Mike Pompeo said he ... More »
WASHINGTON (Reuters) – U.S. President Donald Trump on Monday defended his decision to fire the State Department’s inspector general, saying Secretary of State Mike Pompeo asked him to do so and dismissing suggestions that Pompeo faced a probe by the ousted off... More »
WASHINGTON (Reuters) – Joe Biden’s campaign said on Monday that if elected president, the presumptive Democratic nominee would rescind the permit for Keystone XL pipeline, which effectively would doom the long-troubled project. In doing so, Biden would reverse... More »
WASHINGTON (Reuters) – U.S. Senator Marco Rubio will serve as acting chairman of the Senate Select Committee on Intelligence, Senate Majority Leader Mitch McConnell said on Monday, after Senator Richard Burr announced he would step aside from the position duri... More »
(Reuters) – Advocacy groups sued Wisconsin election officials on Monday, seeking to force the state to send every voter an absentee ballot request form, hire more poll workers and launch a public education effort to ensure voters understand their options ahead... More »
WASHINGTON (Reuters) – Presumptive Democratic U.S. presidential nominee Joe Biden has been speaking regularly with former rival Elizabeth Warren on public health and economic relief ideas as he crafts more ambitious proposals aimed at helping Americans through... More »
WASHINGTON (Reuters) – U.S. Secretary of State Mike Pompeo said his recommendation to President Donald Trump that the inspector general of the State Department be fired was not an act of retaliation as he was unaware of any investigations the employee was carr... More »
(Reuters) – U.S.-based stock funds posted $3.2 billion in inflows in the week ended on Wednesday, according to Lipper. U.S. taxable bond funds attracted $10.35 billion, the fifth straight weekly inflow, while money market funds drew $20.3 billion, Lipper data ... More »
BEIJING/WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday he opposed renegotiating the U.S.-China “Phase 1” trade deal after a Chinese state-run newspaper reported some government advisers in Beijing were urging fresh talks and possibly invalid... More »
BEIJING (Reuters) – China announced on Tuesday a new list of 79 U.S. products eligible for waivers from retaliatory tariffs imposed at the height of the bilateral trade war, amid continued pressure on Beijing to boost imports from the United States. China’s fi... More »
NEW YORK/SINGAPORE (Reuters) – Negative interest rates in the United States were once unimaginable. The coronavirus has changed that. While the Federal Reserve has all but ruled it out, the sweeping economic and financial-markets impact of the pandemic has for... More »
(Reuters) – President Donald Trump’s re-election campaign and the Republican National Committee said on Monday they jointly raised $61.7 million in April, just beating the month’s haul for presumptive Democratic presidential nominee Joe Biden and his party. A ... More »
WASHINGTON (Reuters) – A federal judge in Montana on Monday upheld his ruling last month that canceled an environmental permit for the long-delayed Keystone XL oil pipeline and threatened other oil and natural gas pipeline projects with delays. Chief U.S. Dist... More »
WASHINGTON (Reuters) – The campaign for U.S. President Donald Trump’s re-election, the Republican National Committee and their authorized joint fundraising committees raised $61.7 million in April, in what the campaign said on Monday was a record for the month... More »
(Reuters) – Former-world heavyweight champion Mike Tyson continued to tease boxing fans about a possible return to the ring by posting another training video on Instagram on Monday that ended with the message, “I’m back”. The 53-year-old caught the attention o... More »
(Reuters) – Bret Chiafalo had his bags packed in the weeks following the 2016 U.S. presidential election. If somehow his gambit worked and Donald Trump were blocked from officially being declared the winner, the information technology specialist from Washingto... More »
WASHINGTON (Reuters) – President Donald Trump accused Democrats of moving to reopen U.S. states from coronavirus lockdown measures too slowly for political advantage on Monday, as Pennsylvania’s governor hit back against Republicans pushing a faster timetable.... More »
WASHINGTON (Reuters) – The U.S. Senate will make a renewed attempt this week to extend parts of the Foreign Intelligence Surveillance Act (FISA), Senate Majority Leader Mitch McConnell said on Monday, two months after the divisive government surveillance tools... More »
WASHINGTON (Reuters) – U.S. Vice President Mike Pence on Sunday said he would welcome Michael Flynn’s return to the Trump administration after the U.S. Justice Department’s controversial move last week to drop criminal charges against the president’s former na... More »
WASHINGTON (Reuters) – The White House has begun informal talks with Republicans and Democrats in Congress about what to include in another round of coronavirus relief legislation, officials said on Sunday, while predicting further U.S. jobs losses in the comi... More »
WASHINGTON (Reuters) – President Donald Trump may be open to further federal funding to help U.S. states recover funds spent battling the novel coronavirus, White House economic adviser Kevin Hassett said on Sunday as Congress weighs another possible economic ... More »
WASHINGTON (Reuters) – Former President Barack Obama described President Donald Trump’s handling of the coronavirus pandemic as “chaotic” in a conference call with former members of his administration, a source said on Saturday. Obama has largely kept out of t... More »
WASHINGTON (Reuters) – While President Donald Trump traveled to the battleground state of Arizona this week, his Democratic opponent for the White House, Joe Biden, campaigned from his basement as he has done throughout the coronavirus pandemic. Those optics h... More »
(Reuters) – U.S.-based stock funds posted $10.8 billion in outflows in the week ended ON Wednesday, according to Lipper. U.S. taxable bond funds attracted $11.9 billion, the fourth straight weekly inflow, while money market funds draw $32.8 billion, the tenth ... More »
(Reuters) – A trooper stopping a car with a suspected “impaired driver” on a U.S. highway on Monday was bemused to find a 5-year-old in the driver’s seat, the Utah Highway Patrol tweeted. After seeing a vehicle driving slowly and weaving in the left lane of th... More »
WASHINGTON (Reuters) – New orders for U.S.-made goods suffered a record decline in March and could sink further as disruptions from the novel coronavirus fracture supply chains and depress exports. The report from the Commerce Department on Monday was the late... More »
(Reuters) – The S&P 500 and Dow Jones dropped for the third session on Monday following a U.S.-China spat about the origins of the coronavirus outbreak, while major carriers slumped after billionaire Warren Buffett’s Berkshire Hathaway dumped its stakes in the... More »
WASHINGTON (Reuters) – Treasury Secretary Steven Mnuchin on Monday said bipartisan discussions are underway over whether more U.S. government relief funding is needed amid the nation’s novel coronavirus outbreak, but that President Donald Trump is focused on t... More »
ROME (Reuters) – Russia and China are taking advantage of the coronavirus emergency to put their interests forward in Europe, U.S. Defense Secretary Mark Esper said on Monday, describing Chinese efforts to promote Huawei mobile phone network equipment as malig... More »
WASHINGTON (Reuters) – Oral arguments before the U.S. Supreme Court are typically a formal affair, dictated by adherence to tradition by an institution historically resistant to altering its ways. Come Monday, thanks to the coronavirus pandemic, all that chang... More »
WASHINGTON (Reuters) – Top U.S. health official Anthony Fauci will not testify next week to a congressional committee examining the Trump administration’s response to the coronavirus pandemic, the White House said on Friday, calling it “counterproductive” to h... More »
WASHINGTON (Reuters) – As Democratic presidential hopefuls descended on New Hampshire prior to the state’s Feb. 11 primary, John Tackeff was busy. The 27-year-old attended candidate events across the state to raise concerns about a proposed tax on Wall Street ... More »
WASHINGTON (Reuters) – President Donald Trump intends to nominate Keith Dayton to be the U.S. ambassador to Ukraine, the White House said on Friday, a year after Trump removed the previous envoy. Dayton, a retired Army lieutenant general, currently serves as t... More »
WASHINGTON (Reuters) – Presumptive Democratic presidential nominee Joe Biden on Friday asked the Senate to find any documents tied to an allegation he sexually assaulted a former aide in 1993, after personally denying the accusation publicly for the first time... More »
WASHINGTON (Reuters) – The top Republicans in the U.S. Congress displayed a united front on Friday in their drive for coronavirus-related liability protections for businesses, saying such measures will be crucial to talks about future relief legislation. Senat... More »
WASHINGTON (Reuters) – U.S. President Donald Trump said on Friday he would like to address the ballooning national debt if he wins re-election in November, but did not provide details on how he would do so. Asked if he had a debt reduction plan, Trump told con... More »
(Reuters) – U.S. deaths from the novel coronavirus topped 60,000 on Wednesday and the outbreak will soon be deadlier than any flu season since 1967, according to a Reuters tally. America’s worst flu season in recent years was in 2017-2018 when more than 61,000... More »
NEW YORK (Reuters) – If you were laid off in April, the health insurance from your job may stop at the end of the month. Then what? Rest assured there are options, even if they are all expensive. If you are losing a workplace plan, you will get paperwork expla... More »
TAIPEI (Reuters) – The U.S. Treasury’s latest semi-annual report on trade practices of its major trading partners which was due this month has been delayed due to the coronavirus pandemic, two sources with direct knowledge at Taiwan’s central bank told Reuters... More »
WASHINGTON (Reuters) – After passing $3 trillion of coronavirus relief in a rare run of bipartisanship, Republicans and Democrats in the U.S. Congress girded for a new battle over federal assistance to states and local governments grappling with the deadly out... More »
ATLANTA (Reuters) – With the U.S. coronavirus death toll topping 51,000 and nearly one in six workers out of a job, Georgia, Oklahoma and several other states took tentative steps at reopening businesses on Friday, despite disapproval from President Donald Tru... More »
(Reuters) – New York Governor Andrew Cuomo on Friday pointed to research showing that strains of the novel coronavirus entered his state from Europe, not China, and said that travel bans enacted by U.S. President Donald Trump were too late to halt its spread. ... More »
SAN FRANCISCO (Reuters) – U.S. states promoting apps that could prove essential to ending the coronavirus lockdown may be headed for a showdown with the two Silicon Valley companies that control key software on 99% of smartphones over the collection of sensiti... More »
(Reuters) – The U.S. Centers for Disease Control and Prevention (CDC) on Friday reported 865,585 cases of the novel coronavirus, an increase of 37,144 from its previous count, and said the number of deaths had risen by 2,437 to 48,816. The CDC reported its tal... More »
WASHINGTON (Reuters) – Two senior U.S. House Democrats on Friday asked the U.S. Treasury and Federal Reserve to direct at least $5 billion in loans to struggling intercity bus companies because of the coronavirus pandemic. House Ways and Means Committee Chairm... More »
NEW YORK (Reuters) – In a little over a year, when Americans file their 2020 tax returns, much of what is going on with coronavirus-linked stimulus payments will finally add up. Until then, prepare for confusion. Think you got shorted on the Economic Impact Pa... More »
NEW YORK (Reuters) – U.S. brokers should not be forced to sign an agreement that could make them liable for breaches of a massive new industry trading database that they have no control over, a leading financial industry trade group told regulators on Wednesda... More »
WASHINGTON (Reuters) – President Donald Trump said on Monday he will suspend all immigration into the United States temporarily through an executive order in response to the coronavirus outbreak and to protect American jobs. The move, which the Republican pres... More »
HARRISBURG, Pa. (Reuters) – The U.S. debate over restrictions for fighting the coronavirus intensified on Monday, as protesters labeled mandatory lockdowns as “tyranny,” while medical workers and health experts cautioned that lifting them too soon risked unlea... More »
WASHINGTON/NEW YORK (Reuters) – U.S. presidential candidate Joe Biden raised more than three times as much money for his campaign than President Donald Trump managed in March, a potential sign of voter enthusiasm for the Democratic challenger. Biden’s campaign... More »
WASHINGTON (Reuters) – U.S. President Donald Trump raised $13.6 million in March for his re-election campaign, ending the month with $98.5 million in cash, according to a disclosure filed on Monday with the Federal Election Committee. The haul during March mar... More »
WASHINGTON (Reuters) – The U.S. Supreme Court ruled on Monday that the constitutional guarantee of trial by jury requires a unanimous verdict for serious crimes, siding with a Louisiana man convicted of murder and paving the way for potentially hundreds of def... More »
WASHINGTON/NEW YORK (Reuters) – Former U.S. Vice President Joe Biden raised $46.7 million in March for his presidential campaign, his largest one-month haul yet despite a national health crisis that has disrupted fundraising and hit the finances of donors. The... More »
WASHINGTON (Reuters) – The U.S. Congress on Monday inched toward a $450 billion deal to help small businesses and hospitals hurt by the coronavirus pandemic, with House Speaker Nancy Pelosi saying negotiators had come to terms on the ‘principles’ of the packag... More »
WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi said on Monday Republican and Democratic negotiators have come to terms on the “principles” of the next coronavirus relief package, which is expected to focus on more aid for small businesses and be taken ... More »
(Reuters) – New York Governor Andrew Cuomo said on Monday he understood why some people were protesting against the lockdowns imposed to stem the coronavirus outbreak, but said restrictions must be lifted in a way that prevented further outbreaks. He spoke aft... More »
WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday he was working with state governors to make sure they had the resources needed to ramp up coronavirus testing and added that New York Governor Andrew Cuomo would visit the White House to discuss... More »
WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday he hoped negotiators in Congress would reach a deal to provide more aid for small businesses hurt by the coronavirus pandemic, with a vote possible in the Senate on Tuesday. “We hope to have an ... More »
