By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased moderately last week and data for the prior two weeks was revised sharply lower as fraudulent applications from Massachusetts were stripped out, indicating persistent labor market strength. The report from the Labor Department on Thursday, which also showed…
WASHINGTON (Reuters) – Negotiators’ continuing failure to reach an agreement to lift the U.S. debt ceiling forced the House of Representatives’ new China committee to postpone a planned trip to Taiwan, the committee’s chairman, Republican Representative Mike Gallagher, told reporters on Thursday. The House adjourned on Thursday and was not due to return until June…
By Sarah N. Lynch WASHINGTON (Reuters) – A federal judge sentenced the founder of the far-right militant Oath Keepers Stewart Rhodes to 18 years in prison on Thursday for seditious conspiracy and other crimes related to the U.S. Capitol attack, after a defiant Rhodes stood before him and insisted he was a “political prisoner.” (Reporting…
(Reuters) -The U.S. Food and Drug Administration on Thursday granted full approval to Pfizer’s oral antiviral COVID-19 treatment Paxlovid, clearing the way for the drugmaker to sell it at market rates once U.S. government supplies dwindle. Paxlovid initially received emergency use authorization from the FDA in late 2021, when there was a desperate need for…
MOSCOW (Reuters) – Russia’s most powerful mercenary on Thursday said he was sending back the bodies of a U.S. citizen who was killed in fighting in the Ukrainian city of Bakhmut and that of a Turkish citizen who was found dead in a blown up building. Mercenaries from Russia’s Wagner Group were shown in a…
By Nandita Bose and Jarrett Renshaw WASHINGTON (Reuters) -U.S. President Joe Biden and top Republican lawmaker Kevin McCarthy are edging close to a deal on the U.S. debt ceiling, with the parties just $70 billion apart on discretionary spending, according to a person familiar with the talks. What is likely to emerge will not be…
SINGAPORE (Reuters) – Chinese hacking teams have been blamed by Western intelligence agencies and cybersecurity groups for digital intrusion campaigns across the world, targeting everything from government and military organisations to corporations and media groups Cybersecurity firms believe many of those groups are backed by China’s government. U.S.-based Mandiant has said some Chinese hacking groups…
MOSCOW (Reuters) -Russia’s Wagner mercenary group has started withdrawing its forces from the Ukrainian city of Bakhmut and transferring its positions there to regular Russian troops, its founder Yevgeny Prigozhin said in a video published on Thursday. “We are withdrawing the units from Bakhmut. From today at five in the morning, May 25 until June…
By Foo Yun Chee BRUSSELS (Reuters) – Europe’s artificial intelligence (AI) rules are not for negotiation, EU industry chief Thierry Breton said on Thursday, as he criticised OpenAI CEO Sam Altman’s threat to quit the continent if it cannot comply with the legislation. Altman’s comments at a conference a day earlier came as the European…
By Luc Cohen NEW YORK (Reuters) -Steve Bannon, a one-time advisor to Donald Trump, is set to go on trial on May 27, 2024, on criminal charges over a push to fund the former U.S. president’s signature wall along the U.S. southern border, a New York judge said in a court hearing on Thursday. New…
