By Steve Holland and Trevor Hunnicutt DEFOREST, Wis. (Reuters) -Fresh off a State of the Union speech to Congress that challenged opposition Republicans to help unite the country, President Joe Biden embarked on a tour of U.S. states crucial to his expected 2024 re-election bid. In Wisconsin, the Democratic president told workers at a union …
In Wisconsin, Biden touts ‘deal’ with Republicans on Social Security Read More »
(Reuters) – A federal appeals court ruled on Wednesday that a decades-old North Carolina law making it a crime to publish false derogatory statements about a candidate in an election was likely to be unconstitutional. The law, which dates to 1931, was challenged by Josh Stein, now the state’s attorney general, who in 2020 was …
North Carolina ban on false campaign statements likely unconstitutional, court rules Read More »
By David Shepardson WASHINGTON (Reuters) – The U.S. House of Representatives on Wednesday voted to end a requirement that most foreign air travelers be vaccinated against COVID-19, one of the few remaining pandemic travel restrictions still in place. The vote was 227 to 201 with seven Democrats joining Republicans. No Republicans voted against the bill. …
U.S. House votes to end foreign air traveler COVID vaccine requirement Read More »
(Reuters) -Istanbul’s stock exchange operator suspended trading until Feb. 15 and cancelled all Wednesday’s trades in the wake of devastating earthquakes that struck Turkey and Syria on Monday. The tremors rocked Turkey and Syria in the early hours of Monday, with hundreds of buildings collapsing and the combined death toll across both countries climbing above …
Turkish bourse shuts for five days, cancels trades after earthquake Read More »
By David Lawder and Kanishka Singh SPRING HILL, Tenn./WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Wednesday that while inflation remained elevated, there were encouraging signs that supply-demand mismatches were easing in many sectors of the economy. “Over the past two years, we have worked successfully to ease supply chain pressures, and that …
U.S. Treasury’s Yellen: inflation remains elevated but there are encouraging signs Read More »
WASHINGTON (Reuters) -The White House on Wednesday dismissed a blog post by a U.S. investigative journalist alleging the United States was behind explosions of the Nord Stream gas pipelines as “utterly false and complete fiction.” Reuters has not corroborated the report, published by U.S. investigative journalist Seymour Hersh, which said an attack was carried out …
White House says blog post on Nord Stream explosion ‘utterly false’ Read More »
ABOARD AIR FORCE ONE (Reuters) – U.S. President Joe Biden put Republicans on the defensive over their threats to attack Social Security and Medicare during his State of the Union speech last night, and will continue to call them out on the issue, the White House said on Wednesday. White House press secretary Karine Jean-Pierre …
White House: Biden put Republican lawmakers on defensive over entitlement programs Read More »
By Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) -U.S. President Joe Biden put taxes and corporate stock buybacks squarely in investors’ focus during Tuesday night’s State of the Union address as part of his push to restructure the world’s largest economy to be less favorable to the very wealthy. Biden, who earlier last …
Investors focus on buybacks, billionaire tax in Biden speech Read More »
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada hiked rates last month rather than leaving them unchanged because of labor market tightness and stronger-than-expected growth, according to minutes from the policy-setting meeting released on Wednesday. The minutes suggested the Bank of Canada would likely keep rates unchanged at the next meeting, …
Bank of Canada’s first published minutes show job, growth data drove rate hike Read More »
By Michael S. Derby and Howard Schneider NEW YORK (Reuters) -Federal Reserve officials on Wednesday said more interest rate rises are in the cards as the U.S. central bank presses forward with its efforts to cool inflation although none were ready to suggest that January’s hot jobs report could push them back to a more …
Fed officials on board with more modest pace of interest rate hikes Read More »
