LA PAZ (Reuters) – Bolivia’s government has called on the armed forces to tighten border controls to curb the smuggling of state-subsidized fuels, a move it believes will save state coffers some $250 million per year. Keeping fuel prices steady, currently 3.74 bolivianos ($0.5452) per liter for gasoline and 3.72 bolivianos per liter for diesel,…
By Rajesh Kumar Singh and Aishwarya Nair CHICAGO (Reuters) – Delta Air Lines on Thursday offered an upbeat outlook for summer travel demand that it expects will result in higher-than-expected profit for the quarter through June, despite growing risks of an economic recession. Rising interest rates, high inflation, mounting job losses and turmoil in the…
By Andrew Hay (Reuters) – More than 18,000 cows died after an explosion and fire at a family dairy farm in west Texas, marking the deadliest such barn blaze on record in the United States. Firefighters rescued one employee from the South Fork Dairy near Dimmitt on Monday as flames raced through a building and…
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased more than expected last week, further evidence that labor market conditions were gradually easing as higher borrowing costs dampen demand in the economy. The slowing momentum in the economy was underscored by other data from the Labor Department…
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) – A gauge of global stocks rallied and bond yields were steady on Thursday after moderating U.S. producer prices and a jump in weekly jobless claims bolstered bets that the Federal Reserve may soon pause its hiking of interest rates to tame high inflation. Gold hit…
By David Shepardson WASHINGTON (Reuters) -Senate Majority Leader Chuck Schumer said Thursday he had launched an effort to establish rules on artificial intelligence to address national security and education concerns, as use of programs like ChatGPT becomes widespread. Schumer, a Democrat, said in a statement he had drafted and circulated a “framework that outlines a…
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…
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…
By Steve Holland, Amanda Ferguson BELFAST (Reuters) -U.S. President Joe Biden urged Northern Irish political leaders to restore their power-sharing government with the promise that scores of major U.S. corporations were ready to invest in the region as he marked the 25th anniversary of peace in Belfast. Biden, who is fiercely proud of his Irish…
