Reuters USA

WASHINGTON (Reuters) – U.S consumer prices unexpectedly fell for the first time in more than 2-1/2 years in December amid declining prices for gasoline and other goods, suggesting that inflation was now on a sustained downward trend. The consumer price index dipped 0.1% last month after gaining 0.1% in November, the Labor Department said on …

U.S. consumer prices fall in December; weekly jobless claims edge down Read More »

By David Shepardson WASHINGTON (Reuters) -The breakdown of a key computer system, which resulted in the suspension of U.S. flight departures on Wednesday, is not the first such issue to hinder Federal Aviation Administration (FAA) operations, and happened amid efforts to upgrade technology. The 90-minute halt, which was caused by a problem with an alerting …

FAA has struggled to modernize computer, air traffic operations Read More »

By David Shepardson and Rajesh Kumar Singh WASHINGTON/CHICAGO (Reuters) -U.S. airlines said they expect operations to return to normal on Thursday, as the Federal Aviation Administration (FAA) scrambles to pinpoint the cause of a computer outage that grounded flights nationally and to prevent it from happening again. However, 577 U.S. flights were delayed and 76 …

Airlines expect U.S. operations to rebound on Thursday as FAA investigates outage Read More »

(Reuters) -A strike involving over 7,000 nurses at two New York City hospitals has ended after three days, as they reached tentative deals with hospitals over staffing levels, the New York State Nurses Association (NYSNA) said on Thursday. Nurses at Montefiore Medical Center in the Bronx and Mount Sinai Hospital in Manhattan head back to …

New York nurses end strike after reaching deals with hospitals on staffing Read More »

By Daniel Trotta (Reuters) – California has been deluged since Dec. 26 by seven atmospheric rivers that have dumped up to 30 inches (76 cm) of rain over some areas, but the drought that has gripped the western United States remains far from over. Virtually none of the storms has reached the Colorado River basin, …

Explainer-Why weeks of rain in California will not end historic drought Read More »

By Alicia Powell (Reuters) – From college hoops to a Russian jail cell, the life of basketball star Brittney Griner is being told in a new comic book from TidalWave Comics. Griner is part of the publisher’s Female Force series that celebrates women with inspirational stories. Griner was arrested on Feb. 17 at an airport …

Comic book follows Brittney Griner from college hoops to Russian jail Read More »

By Evan Garcia HOUSTON (Reuters) – A 3D printer is taking home building to a new level — literally. The enormous printer weighing more than 12 tons is creating what is believed to be the first 3D-printed, two-story home in the United States. The machine steadily hums away as it extrudes layers of concrete to …

3D printing reaches new heights with two-story home Read More »

(Reuters) – Morgan Stanley expects the oil market to tighten during the third and fourth quarter of 2023, supported by a recovery in demand prompted by China reopening its borders among other factors. “We see the oil market coming into balance in 2Q and turning tight in 3Q and 4Q, supporting higher prices later this …

Tight supply to support oil prices in H2, Morgan Stanley says Read More »

By Archishma Iyer (Reuters) – Bullish bets on the Thai baht and Chinese yuan hit five-year highs as China’s sharp pivot from its strict COVID-19 curbs boosted investors’ appetite for strengthening long positions in regional currencies, a Reuters poll showed on Thursday. Long positions firmed on nearly all Asian emerging currencies, many of which had …

Asian FX bulls jump to multi-year highs, spurred by China reopening: Reuters poll Read More »