WASHINGTON (Reuters) – Top U.S. Senate Republican Mitch McConnell said on Thursday that he will return to the Senate next week, more than a month after he was sidelined by a bad fall and as talks over the nation’s looming $31.4 trillion debt ceiling shift to a higher gear. The 81-year-old Kentucky Republican, who is…
SEOUL/TOKYO (Reuters) -North Korea fired a new model of long-range ballistic missile on Thursday, South Korea said, triggering a scare in northern Japan where residents were told to take cover, though there turned out to be no danger. A South Korean military official said the missile appeared to have been a new weapon displayed at…
By Shariq Khan BENGALURU (Reuters) -Oil prices fell a dollar a barrel on Thursday, as an OPEC report stoked summer demand worries and traders took profits after benchmarks scaled multi-month highs in the previous session. Brent crude fell $1.24, or 1.4%, to settle at $86.09 a barrel, only the second time this month that the…
By Andrea Shalal WASHINGTON (Reuters) -World Bank President David Malpass on Thursday said progress on sovereign debt issues would be measured by actual restructuring deals being agreed for Ghana, Ethiopia and Zambia, and said there was still no agreement on his longstanding call for a standstill in debt service payments for countries seeking help. Speaking…
LONDON (Reuters) – U.S. President Joe Biden did not discuss the leak of intelligence documents with British Prime Minister Rishi Sunak when the two men met in Northern Ireland this week, White House press secretary Karine Jean-Pierre said on Thursday. “It did not come up, the leaked documents, in that conversation,” she told reporters in…
(Changes reporting credit) WASHINGTON (Reuters) – The FBI said on Thursday it has “made an arrest and is continuing to conduct authorized law enforcement activity at a residence in North Dighton, Massachusetts,” amid a media report a suspect in the leak of classified has been identified. U.S. Attorney General Merrick Garland will make a statement…
By Karen Brettell NEW YORK (Reuters) – The dollar fell to a two-month low against a basket of currencies and a one-year low against the euro on Thursday after U.S. producer prices unexpectedly fell in March, boosting expectations that the Federal Reserve is near the end of its rate hiking cycle. The producer price index…
(Reuters) – After central banks across Latin America and the Caribbean raised rates to battle inflation, the International Monetary Fund is now pointing at less spending from governments to help slow down price pressures – while reminding the region’s rich to pay more taxes. “Fiscal policy can help monetary policy in reducing demand pressures,” the…
By Mike Scarcella (Reuters) – Food and drug retailer Kroger Co on Wednesday asked a U.S. judge to dismiss as “speculative” a consumer antitrust lawsuit alleging the company’s proposed $24.6 billion acquisition of rival Albertsons Companies Inc would lessen grocer competition and drive up prices. Lawyers for Kroger said in a filing in California federal…
WASHINGTON (Reuters) – The United States arrested Air National Guard employee Jack Teixeira on Thursday in connection with transmission of classified defense information, U.S. Attorney General Merrick Garland said. “FBI agents took Teixeira into custody earlier this afternoon without incident,” Garland said at a brief statement at the Justice Department. (Reporting by Sarah N. Lynch…
