Reuters USA

By David Lawder WASHINGTON (Reuters) -The U.S. budget deficit grew to $1.833 trillion for fiscal 2024, the highest outside of the COVID era, as interest on the federal debt exceeded $1 trillion for the first time and spending grew for the Social Security retirement program, health care and the military, the Treasury Department said on …

US budget deficit tops $1.8 trillion in fiscal 2024, third-largest on record Read More »

By Nandita Bose and Jarrett Renshaw LA CROSSE, Wisconsin (Reuters) – Billionaire Mark Cuban chided fellow billionaire and Republican presidential candidate Donald Trump on Thursday for his proposal to issue fresh tariffs on most Chinese goods, arguing it will be Americans who will pay the bill, not the Chinese. Cuban appeared with Democratic presidential candidate …

Billionaire Cuban stumps for Harris as Musk hits trail for Trump Read More »

By Steve Holland and Kanishka Singh DETROIT (Reuters) -Republican presidential candidate Donald Trump said on Friday that the death of Palestinian Islamist group Hamas’ leader Yahya Sinwar would make the prospect of peace easier in Gaza. “I think it makes it easier,” the former president told reporters as he arrived in Detroit for campaign events. …

Trump says Sinwar death makes peace easier, plans to speak to Netanyahu Read More »

By Cassandra Garrison CHILPANCINGO, Mexico (Reuters) – Hundreds of people dressed in white marched through the streets, many with tears in their eyes, chanting “No More Violence!” on a humid October afternoon in Chilpancingo days after the brutal murder of its mayor. The brazen decapitation of 43-year-old Alejandro Arcos, which has yet to be solved, …

Brutal killing of Mexican mayor sparks anger, skepticism of Sheinbaum plan Read More »

By Waylon Cunningham (Reuters) – Starbucks on Friday announced it hired food marketing veteran Tressie Lieberman to take its top marketing job, the latest in a spate of executive reshuffling by new CEO Brian Niccol. Lieberman and Niccol overlapped at Chipotle, where Niccol served as CEO until August, when he was poached by Starbucks. Lieberman …

Starbucks new CEO taps fellow Chipotle alum for top marketing role Read More »

By Nate Raymond BOSTON (Reuters) -Meta Platforms must face a lawsuit by Massachusetts alleging the social media company purposely deployed features on its Instagram platform to addict young users and deceived the public about the dangers it posed to the mental health of teenagers, a judge ruled. Suffolk County Superior Court Judge Peter Krupp in …

Meta must face Massachusetts social media addiction lawsuit Read More »

By Ann Saphir (Reuters) -Atlanta Federal Reserve Bank President Raphael Bostic on Friday made the case for patient reductions in the central bank’s policy rate to somewhere between 3% and 3.5% by the end of next year, a pace that would get inflation down to its 2% target by then and keep the U.S. economy …

Fed’s Bostic sees no need to rush on rate cuts Read More »

WASHINGTON (Reuters) – The U.S. State Department approved a possible sale to Japan of tactical missiles and related equipment for $360 million, the Pentagon said in a statement on Friday. The principal contractor for the Rolling Airframe Missile Block 2B Tactical Missiles and related equipment will be RTX Corp, the Pentagon added. (Reporting by Kanishka …

US State Department approves sale of tactical missiles to Japan for $360 million Read More »

BERLIN (Reuters) – U.S. President Joe Biden said on Friday there was an opportunity to deal with Israel and Iran in a way that potentially ends their conflict in the Middle East for a while. Speaking to reporters at the end of a visit to Berlin, Biden also said he has an understanding of how …

Biden sees opportunity to potentially end Israel-Iran fighting ‘for a while’ Read More »