By Nandita Bose, Richard Cowan and Jeff Mason WASHINGTON (Reuters) -Republican House Speaker Mike Johnson pressed President Joe Biden on Wednesday to recast U.S. immigration policy during a meeting with lawmakers at the White House about funding for Ukraine. Republicans in Congress have blocked emergency funding that Biden has requested for Ukraine and threaten to…
By Chibuike Oguh NEW YORK (Reuters) -Several large U.S. regional banks reported lower profits on Wednesday, in a further sign that the income boost from interest rate hikes by the Federal Reserve is starting to wane. Charles Schwab, Citizens Financial and US Bancorp said that, along with one-off charges, the rising cost of retaining customer…
By Farah Master HONG KONG (Reuters) -China’s population fell for a second consecutive year in 2023, as a record low birth rate and a wave of COVID-19 deaths when strict lockdowns ended accelerated a downturn that will have profound long-term effects on the economy’s growth potential. The National Bureau of Statistics said the total number…
By Aditya Soni, Akash Sriram and Hyunjoo Jin (Reuters) -Elon Musk’s warning about developing AI and robotics outside Tesla unless he gets more voting control could infringe on his duties as CEO and raise questions about the automaker’s valuation, governance experts and analysts said. The outspoken billionaire said on Monday he would be “uncomfortable” building…
