Fed's Powell tells Senate Democrats inflation hardest on working families
By Howard Schneider and Ann Saphir WASHINGTON U.S. Federal Reserve Chair Jerome Powell on Thursday defended the likely
1970-01-01 08:00
Kenya's new tax package angers some backers of president who once vowed to reduce cost of living
Kenyans are preparing for tough times after lawmakers approved tax increases that are even unpopular with supporters of the president who once vowed to reduce the cost of living
1970-01-01 08:00
Chinese ambassador to US makes 'strong protests' to White House over Biden comments
Chinese Ambassador to the US Xie Feng "made serious representations and strong protests to senior officials of the White House and the US Department of State on June 21" following President Joe Biden's comments likening Chinese President Xi Jinping to a dictator, the embassy said in a statement urging the United States to "take earnest action" or "bear all the consequences."
1970-01-01 08:00
A strike on Russian-controlled bridge doesn't change much itself. But it may indicate a more potent strategy.
Almost as if to answer Ukrainian President Volodymyr Zelensky's statement the counteroffensive is "slower" than some might have imagined, a pinpoint strike hit a key pair of bridges for Russia's occupation. The Chonhar bridges are both rail and road crossings, and head from the northeast of occupied Crimea to Ukraine's main target in this counteroffensive: occupied Zaporizhzhia region.
1970-01-01 08:00
Home sales inch up in May amid record-low inventory and biggest annual drop in prices since 2011
Sales of previously occupied U.S. homes edged higher in May and the national median sale price posted its biggest annual drop in more than a decade, even as the supply of available properties sank to an all-time low
1970-01-01 08:00
Supreme Court rules against Navajo Nation in Colorado River water rights case
The Supreme Court has ruled against the Navajo Nation in a dispute involving water from the drought-stricken Colorado River
1970-01-01 08:00
Warren Buffett's charitable giving tops $51 billion
By Jonathan Stempel Warren Buffett has donated another $4.64 billion of Berkshire Hathaway stock to five charities, boosting
1970-01-01 08:00
Bolsonaro’s political future hangs in the balance as Brazilian court case begins
Brazil’s top electoral court has started hearing a case that could torpedo the political future of former President Jair Bolsonaro by rendering him ineligible for public office for eight years
1970-01-01 08:00
Red Rocks Amphitheater hail storm injures nearly 100 ahead of planned Louis Tomlinson concert
Nearly 100 people attending a planned concert Wednesday evening at the Red Rocks Amphitheatre near Denver were injured after being pelted with large hail during severe storms that moved across the area, the West Metro Fire Department said.
1970-01-01 08:00
Stock market today: Wall Street follows global markets lower after more rate hikes
Wall Street followed global markets lower early Thursday as countries around the world cranked up interest rates one day after Federal Reserve Chair Jerome Powell told Congress he believes inflation still isn’t under control
1970-01-01 08:00
Moderate Will Hurd, a Trump critic, joins 2024 Republican race
By Doina Chiacu WASHINGTON (Reuters) -Former U.S. Representative Will Hurd, a moderate who was once the sole Black Republican in
1970-01-01 08:00
US safety board chair vows accountability, recommendations in Ohio derailment
WASHINGTON National Transportation Safety Board chair Jennifer Homendy on Thursday vowed to ensure accountability and propose new safety
1970-01-01 08:00