By Isabel Woodford MEXICO CITY (Reuters) – The leaders of the United States, Canada and Mexico are due to hold a summit next week, where a major bone of contention could be a dispute centering on whether Mexico breached a trade pact by tightening state control of its energy market. WHERE DOES THE DISPUTE STAND? …
Explainer-Why the U.S.-Mexico energy spat is a tough nut to crack Read More »
By Jeff Mason WASHINGTON (Reuters) -President Joe Biden marked the second anniversary of the deadly attack on the U.S. Capitol on Friday by awarding the “Presidential Citizens Medal” to 14 people, some posthumously, who battled to defend America’s democracy after the 2020 election. In a White House ceremony, Biden, a Democrat, described the violence that …
Biden lauds ‘heroes’ of Jan. 6 attacks on second anniversary Read More »
By Gram Slattery and David Morgan WASHINGTON (Reuters) -Hardline Republicans in the U.S. House of Representatives rejected Kevin McCarthy’s speakership bid for an 11th time on Thursday, while his supporters worked behind closed doors in hopes of cementing a deal that could bring success. The voting propelled the House to a level of dysfunction not …
Hardline Republicans dig in against McCarthy’s House speaker bid Read More »
By Jonathan Stempel NEW YORK (Reuters) -A New York judge on Friday said former U.S. President Donald Trump must face a lawsuit by the state’s attorney general accusing him of fraudulently overvaluing his namesake real estate company’s assets and his own net worth. Attorney General Letitia James had sued Trump, his adult children Donald Jr., …
Donald Trump ordered by judge to face New York fraud lawsuit Read More »
By Sinéad Carew and Ankika Biswas (Reuters) – Wall Street’s main indexes all gained more than 2% on Friday after December payrolls expanded more than expected even as wage increases slowed and services activity contracted, easing worries about the Federal Reserve’s interest rate hiking path. U.S. nonfarm payrolls rose by 223,000 jobs in December, Labor …
Wall St rallies as jobs, services data calm rate hike worries Read More »
By Gram Slattery and Moira Warburton WASHINGTON (Reuters) – Republican Kevin McCarthy got a significant boost in his quest to become speaker of the U.S. House of Representatives after 15 hardline Republicans who opposed him flipped their votes on Friday, citing a deal on changes in House rules. Here are the most prominent detractors and …
Factbox-Who are the hardline U.S. House Republicans voting for and against McCarthy? Read More »
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy added jobs at a solid clip in December, pushing the unemployment rate back to a pre-pandemic low of 3.5% as the labor market remains tight, but Federal Reserve officials could draw some solace from a moderation in wage gains. Still, the U.S. central bank’s fight against …
U.S. job growth solid in December; wage growth slows Read More »
By Andrea Shalal WASHINGTON (Reuters) -The U.S. economy appears headed for a soft landing, with recent economic data pointing to an ongoing recovery, not a recession, White House economist Heather Boushey told Reuters on Friday. Boushey welcomed Friday’s data showing the U.S. economy adding jobs at a solid clip in December, with the unemployment rate …
U.S. likely headed for economic ‘soft landing’ -White House’s Boushey Read More »
MEXICO CITY (Reuters) – Mexico’s headline inflation likely accelerated in December after slowing its pace for two straight months, a Reuters poll showed Friday, reinforcing bets that monetary policymakers will maintain a restrictive monetary policy to tame prices. The median forecast of 11 analysts shows annual inflation at 7.85% in December, up from the 7.80% …
Mexico headline inflation seen speeding up in December, core index down: Reuters poll Read More »
By Howard Schneider and Ann Saphir NEW ORLEANS/SAN FRANCISCO (Reuters) – A jump in the workforce and easing wage growth suggests the U.S. job market is starting to move the way the Federal Reserve has hoped it will, to bring the supply and demand for workers into better balance and help in its battle against …
U.S. jobs report breathes life into Fed’s ‘soft landing’ scenario Read More »
