WASHINGTON (Reuters) -The Trump administration is more concerned with the quality of trade agreements rather than their timing, U.S. Treasury Secretary Scott Bessent said on Monday ahead of an Aug. 1 deadline for securing a trade deal or facing steep tariffs. “We’re not going to rush for the sake of doing deals,” Bessent told CNBC…
By Sarah N. Lynch (Reuters) -A former Louisville police officer will be sentenced on Monday for violating Breonna Taylor’s rights during the raid in which she was shot and killed, with President Donald Trump’s Justice Department asking the judge to imprison him for just one day. The surprising request by the department’s Civil Rights Division…
Discover the cutting-edge companies fueling the next generation of national security. Modern defense isn’t just about tanks and missiles anymore. Today’s battlefield is digital, autonomous, and orbiting the Earth at 17,000 miles per hour. From AI-powered surveillance drones to next-gen satellite systems and cyber warfare tools, a new class of defense innovators is quietly reshaping…
By Caroline Valetkevitch NEW YORK (Reuters) -Major stock indexes eased while the dollar strengthened against major currencies on Monday as investors awaited the next announcements in the White House’s trade negotiations. Longer-dated U.S. Treasury yields edged higher. The United States will make several trade announcements in the next 48 hours, Treasury Secretary Scott Bessent said…
By Noel Randewich and Shashwat Chauhan (Reuters) -Nvidia hit a market value of $3.92 trillion on Thursday, on track to become the most valuable company in history, as Wall Street doubled down on optimism about AI. Shares of the leading designer of high-end AI chips rose as much as 2.4% to $160.98 in morning trading,…
HOUSTON -Activity in the U.S. oil and gas sector in Texas, Louisiana and New Mexico contracted slightly in the second quarter of 2025, the Dallas Fed survey showed on Wednesday. Oil and gas production decreased slightly. Meanwhile, costs among oilfield service firms rose at a slightly faster pace in the second quarter compared with the…
