By Caroline Valetkevitch NEW YORK (Reuters) – First-quarter U.S. company results are winding down, but investors will get one last blast of reports in coming days from some top retailers, which could offer further details on the outlook for earnings and how consumers are faring. Investors are anxious to see whether the last results of…
By Kirsty Needham SYDNEY (Reuters) – Papua New Guinea Prime Minister James Marape said that the United States had been a “silent” security partner to his nation but that a defence cooperation pact to be signed when Joe Biden arrives Monday will see Washington “stepping out”. Biden will be the first sitting U.S. president to…
CARACAS (Reuters) – Venezeula’s political opposition – recognized by the U.S. as the country’s legitimate government – was asked by a key creditor group on Monday to back the suspension of a statute of limitations on repayments for defaulted government bonds. President Nicolas Maduro’s government in March proposed a five-year suspension through 2028 or until…
By Stephen Culp NEW YORK (Reuters) – U.S. stocks slouched to a higher close on Monday, and benchmark Treasury yields rose amid flickering optimism that Washington will get past partisan wrangling and reach a debt ceiling deal. While all three major U.S. stock indexes ended green, market participants appeared to show little conviction as first-quarter…
By Ted Hesson WASHINGTON (Reuters) -U.S. officials on Monday said there will be “tougher consequences” for migrants illegally crossing the southern border as U.S. President Joe Biden transitions away from COVID-19 restrictions known as Title 42 that allowed agents to quickly expel many migrants to Mexico over the past three years. The number of people…
By Jonathan Stempel NEW YORK (Reuters) -A former associate of Rudy Giuliani is suing him for sexual assault, accusing Donald Trump’s former personal lawyer of hiring her to fulfill his desire for a sexual relationship. In a civil complaint filed on Monday and seeking at least $10 million, Noelle Dunphy said Giuliani began abusing her…
By David Morgan, Jeff Mason and Andy Sullivan WASHINGTON (Reuters) -President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy on Monday prepared for critical debt-ceiling talks, with a little more than two weeks to go before the U.S. government could run short of money to pay its bills. Democratic and Republican staff were…
By Moira Warburton WASHINGTON (Reuters) -A man wielding a baseball bat attacked two staff members in Democratic U.S. Representative Gerry Connolly’s district office in northern Virginia on Monday, Connolly and police said. The staff were transferred to a hospital with non-life threatening injuries, Connolly said. The suspect, who arrived at Connolly’s office asking for the…
By David Randall and Carolina Mandl NEW YORK (Reuters) -Fund managers zeroed in on the U.S. financial sector during the first quarter, a period during which lenders’ shares were rocked by volatility following the worst banking crisis since 2008, regulatory filings showed on Monday. The S&P Regional Banking Index fell approximately 25% during the quarter…
By Chuck Mikolajczak NEW YORK (Reuters) – The S&P 500 and the Dow ended with modest gains on Monday after manufacturing data raised concerns about a slowing U.S. economy that could help bring down inflation amid ongoing debt ceiling negotiations, while a rise in Meta shares helped lift the Nasdaq. The New York Federal Reserve’s…
