US House, Senate leaders committed to passing spending bills, McCarthy says
WASHINGTON (Reuters) – U.S. House of Representatives Speaker Kevin McCarthy said on Thursday that he and Senate Majority Leader Chuck…
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Vanguard expects Fed ‘hawkish hold,’ recession still on the horizon
By Davide Barbuscia NEW YORK (Reuters) – Vanguard, the world’s second-largest asset manager, expects the Federal Reserve to maintain a…
July 2023 set to be world’s hottest month on record
By Gloria Dickie (Reuters) – July 2023 is set to upend previous heat benchmarks, U.N. Secretary-general António Guterres said on…
Ukraine recaptures Staromaiorske village in southeast – Zelenskiy
KYIV (Reuters) -Ukrainian soldiers have recaptured the southeastern village of Staromaiorske from Russian forces in Donetsk region, a video published…
Microsoft in EU antitrust crosshairs over Teams, Office tie-up
By Foo Yun Chee and Sudip Kar-Gupta BRUSSELS (Reuters) -Microsoft on Thursday found itself the target of an European Union…
US Senator Wyden asks FTC, CISA, DOJ to ‘take action’ against Microsoft following hack
(Reuters) -Oregon Senator Ron Wyden has asked the Federal Trade Commission, the Cybersecurity and Infrastructure Security Agency and the Justice…
Alarmed by AI’s potential, U.S. Senate to summon experts
By Diane Bartz WASHINGTON (Reuters) – U.S. senators, alarmed by the malevolent potential of artificial intelligence, will summon developers, executives…
US launches $8.5 billion in rebates for home energy efficiency
By Timothy Gardner WASHINGTON (Reuters) – The Department of Energy said on Thursday it is accepting applications from states and…
Scorching heat stresses US power grids, prices soar
By Scott DiSavino (Reuters) – U.S. power prices rose to their highest in months in a couple of markets as…
Kering buys 30% of Italy’s Valentino as Gucci sales lag
By Mimosa Spencer and Silvia Aloisi PARIS (Reuters) -French luxury group Kering, which is struggling to revive sales at its…