Reuters USA

By Susan Heavey WASHINGTON (Reuters) -Folders marked classified and found at Donald Trump’s Florida home after he left the White House did not contain any documents, the former U.S. president said on Tuesday after a report that his team received a subpoena for one such folder. Trump’s legal team in December and January turned over …

Trump, after reported subpoena, defends keeping classified folders Read More »

By David Shepardson WASHINGTON (Reuters) – President Joe Biden’s pick for a key fifth seat on the Federal Communications Commission (FCC) on Tuesday faced harsh criticism from Republicans senators while Democrats said it was crucial the U.S. telecom regulator have a full slate of commissioners. Gigi Sohn, who was nominated in October 2021, had her …

Biden pick for U.S. Federal Communications Commission faces opposition Read More »

By Saeed Azhar and Lananh Nguyen (Reuters) – Companies and households are feeling better about the economy despite elevated uncertainty and recession predictions, the heads of top U.S. banks said Tuesday. Goldman Sachs Group Inc. Chief Executive Officer David Solomon said sentiment among business leaders has improved. His counterpart at Bank of America Corp, Brian …

U.S. bank CEOs say economic pessimism is lifting Read More »

By Howard Schneider WASHINGTON (Reuters) – U.S. consumers flush with the COVID pandemic aid payments that flowed from the government in 2020 and 2021 flocked to auto lots and drove vehicle prices to sky-high levels. The repair bills followed, and even as inflation moderates for autos themselves the rising cost of auto maintenance – up …

Fed looks to services prices as final leg in inflation battle Read More »

(Reuters) – Former U.S. Ambassador to the United Nations Nikki Haley said on Tuesday she will seek the 2024 Republican presidential nomination, putting her at odds with one-time boss Donald Trump, the former president currently leading the Republican race. Here are key facts about Haley’s life and political career. DAUGHTER OF IMMIGRANTS Haley, 51, has …

Factbox-Nikki Haley: Who is the Republican 2024 presidential candidate? Read More »

By Laura Sanicola and Arathy Somasekhar (Reuters) -U.S. fuel retailer Pilot Company is trimming its energy trading operation, according to three people familiar with the matter, days before billionaire investor Warren Buffett is expected to take majority control of the firm. Known best for its Pilot Flying J service stations and truck stops, Pilot expanded …

Exclusive-Pilot Company cuts energy trading unit ahead of Buffett takeover Read More »

By Jason Lange and Joseph Ax WASHINGTON (Reuters) -Former U.S. President Donald Trump leads a potentially wide field seeking the Republican nomination to run for president in 2024, with newly announced candidate Nikki Haley a distant fourth, according to a Reuters/Ipsos public opinion poll. Trump received support from 43% of registered Republicans in the new …

Trump leads Republicans, Haley trails in 2024 White House race-Reuters/Ipsos poll Read More »

(Reuters) – A key U.S. government report which showed consumer prices accelerated in January but that the annual increase continued to slowly abate was in line with Federal Reserve expectations, Richmond Fed President Thomas Barkin said on Tuesday. “It’s about as expected. Inflation is normalizing but it’s coming down slowly. I just think there’s gonna …

Fed’s Barkin: CPI inflation report “about as expected” Read More »

By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer prices accelerated in January as Americans continued to be burdened by higher costs for rental housing, suggesting that the Federal Reserve was far from pausing its interest rate hiking campaign. The report from the Labor Department on Tuesday also showed the pace of disinflation in the annual consumer …

Rents boost U.S. consumer prices; inflation gradually slowing Read More »