WASHINGTON (Reuters) – President Joe Biden said on Wednesday he did not believe the U.S. economy will fall into recession either this year or next year, his most confident prediction on the fate of an economy that is still rattled by fears of a downturn. Asked in an interview on the PBS NewsHour program whether …
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By Nandita Bose WASHINGTON (Reuters) – Top White House officials spoke to executives from the largest U.S. railroad operators in recent days, renewing pressure to reach an agreement to secure paid sick leave for workers after President Joe Biden signed legislation to block a national railroad strike in December. Biden’s top economic adviser, Brian Deese, …
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(Reuters) – JPMorgan Chase & Co has cut hundreds of mortgage employees, a source familiar with the matter told Reuters on Wednesday, hours after the company announced plans to hire some bankers. “We regularly review our business and customer needs and adjust our staffing accordingly – creating new roles where we see the need or …
JPMorgan lays off hundreds of mortgage employees -source Read More »
By David Lawder and Kanishka Singh SPRING HILL, Tenn./ WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Wednesday that she still hoped to visit China but offered no details on plans or timing. A team of U.S. Treasury officials was scheduled to travel to China this month to prepare for a visit by Yellen, …
U.S. Treasury’s Yellen still hopes to visit China but offers no details on timing Read More »
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended down on Wednesday, paring most of the previous session’s strong gains, with tech-focused shares leading the way lower. Alphabet Inc was the biggest drag on the S&P 500 and Nasdaq. Its shares sank 7.7% after its new AI chatbot Bard delivered an incorrect answer in …
Wall St falls after recent strong gains, Alphabet shares sink Read More »
By Helen Coster and Lisa Richwine (Reuters) -An estimated 27.3 million people watched U.S. President Joe Biden’s Tuesday night State of the Union speech, according to Nielsen ratings data from 16 television networks. Biden’s audience fell 29% from his State of the Union address last year, which brought in 38.2 million television viewers, Nielsen said. …
About 27.3 million people watched Biden address, down from last year Read More »
By Brad Brooks (Reuters) -A Texas man accused of targeting Latinos during a 2019 massacre of 23 people at an El Paso Walmart store pleaded guilty on Wednesday to federal hate crimes, according to a spokesperson for the U.S. attorney’s office prosecuting the case. Patrick Crusius, 24, changed his plea to guilty during a hearing …
Texas Walmart massacre suspect pleads guilty to U.S. hate crimes Read More »
By Steve Holland and Trevor Hunnicutt DEFOREST, Wis. (Reuters) -Fresh off a State of the Union speech to Congress that challenged opposition Republicans to help unite the country, President Joe Biden embarked on a tour of U.S. states crucial to his expected 2024 re-election bid. In Wisconsin, the Democratic president told workers at a union …
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(Reuters) – A federal appeals court ruled on Wednesday that a decades-old North Carolina law making it a crime to publish false derogatory statements about a candidate in an election was likely to be unconstitutional. The law, which dates to 1931, was challenged by Josh Stein, now the state’s attorney general, who in 2020 was …
North Carolina ban on false campaign statements likely unconstitutional, court rules Read More »
By David Shepardson WASHINGTON (Reuters) – The U.S. House of Representatives on Wednesday voted to end a requirement that most foreign air travelers be vaccinated against COVID-19, one of the few remaining pandemic travel restrictions still in place. The vote was 227 to 201 with seven Democrats joining Republicans. No Republicans voted against the bill. …
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