Reuters USA

By Fergal Smith TORONTO (Reuters) – The Canadian dollar is set to rise later this year as the global economic outlook turns more favorable for commodity-linked currencies and investors bet central banks will cut interest rates in 2024, according to a Reuters poll released on Wednesday. In three months, however, the loonie is set be …

Canadian dollar to rise later in 2023 on more favorable global outlook: Reuters poll Read More »

By Alexandre Meneghini and Dave Sherwood ISABELA DE SAGUA, Cuba (Reuters) – At a porchfront coffee stand in the Cuban village of Isabela de Sagua, sunburned fishermen gather at first light to talk of wind, tide and, increasingly, the fine points of U.S. immigration policy. The latest twist: A U.S. “parole” program announced in early …

A Cuban fishing village ponders its options as U.S. policy shifts Read More »

WASHINGTON (Reuters) – U.S. Treasury Department officials are urging the financial sector to address potential challenges in using cloud computing services, warning in a report on Wednesday that failure to do so could leave them and their customers vulnerable. The risk was particularly acute for small and medium-sized financial institutions, the department said. Deputy Secretary …

U.S. Treasury urges financial firms to examine cloud services Read More »

ROME (Reuters) -Italian retail sales increased in value terms but decreased in volume in 2022 compared to the previous year, with consumers suffering from high inflation, data showed on Wednesday. National statistics bureau ISTAT reported that sales increased 4.6% in value terms against a 0.8% decline in volume, with the contraction in food goods (-4.2% …

Italy inflation-adjusted retail sales fell in 2022 Read More »

By David Shepardson WASHINGTON (Reuters) – The White House is releasing proposed guidance to boost the use of American-made goods in government-funded infrastructure projects, according to documents seen by Reuters. President Joe Biden in his State of the Union address Tuesday touted the effort to require construction materials used in federal infrastructure projects to be …

White House unveils plan to boost use of U.S.-made goods in infrastructure Read More »

By Patricia Zengerle WASHINGTON (Reuters) -U.S. President Joe Biden said in his State of the Union address on Tuesday that he would cooperate with great power rival China, but vowed “to protect our country,” a reference to a Chinese spy balloon that traveled across America last week. “I’m committed to work with China where we …

Biden vows ‘to protect’ country in State of the Union speech, refers to China balloon Read More »

By Trevor Hunnicutt WASHINGTON (Reuters) -Here are some takeaways from U.S. President Joe Biden’s State of the Union speech to Congress on Tuesday, an address that could serve as a blueprint for his 2024 re-election bid: BIDEN, REPUBLICANS SPAR Biden, a Democrat, told Republicans in Congress who have questioned his legitimacy and threatened to block …

Four takeaways from Biden’s State of the Union speech Read More »

By Kanishka Singh WASHINGTON (Reuters) – U.S. President Joe Biden on Tuesday renewed his call for police reform, saying officers who “violate the public trust” should be held accountable and law enforcement officials should be given the necessary training and be held to higher standards. “I know most cops and their families are good, decent, …

Biden says police who ‘violate’ trust should be held accountable in State of the Union Read More »