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At Bahamas summit, Caribbean leaders to seek international push on Haiti

By Brendan O’Boyle and Jasper Ward (Reuters) – Caribbean leaders will appeal for international assistance on Haiti at an annual meeting in the Bahamas later this week, the prime minister of the host nation said Tuesday. Haiti will be a “prominent priority” on the agenda for the Feb. 15-17 meeting in Nassau, Bahamian Prime Minister …

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Biden taps Brainard, Bernstein to lead economic team, braces for debt ceiling fight

By Andrea Shalal, Steve Holland and Lindsay Dunsmuir (Reuters) -President Joe Biden on Tuesday picked Federal Reserve Vice Chair Lael Brainard and White House economist Jared Bernstein as his top economic advisers, part of a fresh push by the Democratic president to convince skeptical Americans his economic policies are working. The decision, announced after financial …

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Nikki Haley takes on Donald Trump for 2024 U.S. Republican nomination

By Steve Holland and Andy Sullivan WASHINGTON (Reuters) -Former U.S. ambassador to the United Nations Nikki Haley on Tuesday kicked off her campaign for the 2024 Republican presidential nomination, challenging her former boss Donald Trump, who holds a strong lead in a new Reuters/Ipsos poll. “It’s time for a new generation of leadership,” Haley said …

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Factbox-Timeline of Ohio train derailment containing hazardous chemicals cargo

(Reuters) – A timeline of events since a Norfolk Southern Railroad-operated train derailed near East Palestine, Ohio, while carrying hazardous materials from Illinois to Pennsylvania. Feb. 3: Derailment of a train comprising three locomotives and 150 freight cars, and subsequent fire sends plumes of smoke over East Palestine and forces the temporary evacuation of thousands of …

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Ohio cleaning up toxic train derailment as pollution ‘plume’ moves downstream

By Brad Brooks and Lisa Baertlein (Reuters) – Cleanup is moving quickly after a train carrying toxic materials derailed in Ohio 11 days ago, Ohio Governor Mike DeWine said on Tuesday, while residents and observers questioned the health impacts of pollution that spilled into the Ohio River. The Norfolk Southern Railroad-operated train derailed on Feb. …

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Nine survivors pulled from Turkey’s rubble as earthquake death toll passes 40,000

By Ali Kucukgocmen and Clodagh Kilcoyne ANTAKYA, Turkey (Reuters) -Nine survivors were rescued from the rubble in Turkey on Tuesday, more than a week after a massive earthquake struck, as the focus of the aid effort shifted to helping people now struggling without shelter or enough food in the bitter cold. The disaster, with a …

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U.S. proposes Medicare, Medicaid programs to cut drug costs, including $2 generics

By Ahmed Aboulenein WASHINGTON (Reuters) – The U.S. health department proposed on Tuesday three new pilot projects aimed at lowering prescription drug prices for people enrolled in government health insurance plans, including offering some essential generic drugs for $2 a month. The Centers for Medicare and Medicaid (CMS) said it would test the models in …

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Wall Street ends mixed as inflation data supports rate worries

By Johann M Cherian and Noel Randewich (Reuters) – Wall Street stocks ended mixed on Tuesday after U.S. consumer price data for January offered little to change expectations about the Federal Reserve’s path forward on interest rate hikes. U.S. consumer prices accelerated as Americans continued to be burdened by higher rental housing costs, suggesting that …

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Bernstein, Biden’s chief economist pick, big backer of ‘worker power’

By Andrea Shalal WASHINGTON (Reuters) -U.S. President Joe Biden on Tuesday said he would nominate trusted confidante and long-time economic adviser Jared Bernstein to head the White House Council of Economic Advisers (CEA), part of a shakeup ahead of an expected 2024 campaign. Bernstein, 68, is one of three senior economists on the council and …

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