By Johann M Cherian and Noel Randewich (Reuters) – The S&P 500 ended higher on Wednesday after stronger-than-expected retail sales data offered evidence of resilience in the U.S. economy, but gains were capped as investors worried about more interest rate hikes by Federal Reserve in the months ahead. A Commerce Department report showed retail sales …
S&P 500 ends higher after strong retail sales data Read More »
By Hyunjoo Jin and Jarrett Renshaw SAN FRANCISCO (Reuters) -Tesla Inc will open part of its U.S. charging network to electric vehicles (EVs) made by rivals as part of a $7.5 billion federal program to expand the use of EVs and cut carbon emissions. The move could help turn Tesla into the universal “filling station” …
Tesla to open U.S. charging network to rivals in $7.5 billion federal program Read More »
NEW YORK (Reuters) – New York’s state Senate on Wednesday rejected Governor Kathy Hochul’s choice to become the state’s highest-ranking judge, a defeat for the state’s top Democrat who failed to overcome opposition from her own party to the nomination. Hochul’s choice, Hector LaSalle, is the presiding justice of a midlevel state appeals court in …
New York Senate rejects Governor Hochul’s pick for top state judge Read More »
By Gram Slattery CHARLESTON, S.C. (Reuters) -Former U.N. ambassador Nikki Haley called on Republicans to move on from “stale ideas” and “faded names,” a veiled swipe at her former boss Donald Trump, as she made her first stop on Wednesday in a campaign for the 2024 presidential nomination. The former South Carolina governor is just …
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By Jonathan Stempel (Reuters) – Charlie Munger, the longtime business partner of Warren Buffett at Berkshire Hathaway Inc, on Wednesday said China remains a top opportunity for investors despite geopolitical risks. Munger also doubled down on his recent Wall Street Journal editorial calling for the U.S. government to follow China and ban cryptocurrency, saying “people …
Charlie Munger downplays risk of Taiwan invasion, says crypto fans are ‘idiots’ Read More »
By Andrea Shalal LANHAM, Maryland (Reuters) – President Joe Biden, armed with a new team of economic advisers, took aim on Wednesday at Republican plans to cut U.S. spending as his administration gears up for a huge fight to preserve the outlays he credits with fueling an American recovery. At issue is Republicans’ refusal to …
Biden takes aim at Republican spending cuts plan Read More »
By Moira Warburton WASHINGTON (Reuters) – U.S. Representative Matt Gaetz’s office on Wednesday said federal prosecutors had told his attorneys that he would not be criminally charged following an almost three-year-long sex-trafficking investigation. A Justice Department spokesperson declined to comment. The hardline Republican had been one of the subjects of a federal probe beginning in …
U.S. Rep. Matt Gaetz says he will not face federal sex trafficking charge Read More »
By Moira Warburton WASHINGTON (Reuters) -U.S. Senator Dianne Feinstein, a trailblazer for women in American politics, announced on Tuesday that she will not seek re-election in 2024, clearing the path for a hotly contested race for her seat among California Democrats. First elected to the Senate in 1992, Feinstein is the oldest member of Congress …
Trailblazing U.S. Senator Dianne Feinstein will not seek re-election Read More »
PANAMA CITY (Reuters) – At least 33 have died in Panama after a bus carrying more than 60 migrants fell of a cliff early on Wednesday, an official from the country’s migration authorities have said. (This story has been corrected to fix the spelling of Panama in the headline) (Reporting by Eli Moreno and Natalia …
At least 33 migrants die in Panama bus crash -official Read More »
(Reuters) – A U.S. bankruptcy judge on Wednesday denied calls for a new, independent investigation into the collapse of crypto exchange FTX, saying that the proposed investigation would be redundant to other investigations being carried out by FTX’s new management and law enforcement. (Reporting by Dietrich Knauth)
