(Reuters) – Space startup ABL Space Systems’ maiden RS1 rocket mission failed after it was launched on Tuesday from the Pacific Spaceport Center in Alaska, after delays late last year. “After liftoff, RS1 experienced an anomaly and shut down prematurely,” ABL said in a tweet. The startup’s previous attempt at launch was on Monday, but …
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By Gram Slattery WASHINGTON (Reuters) -Republicans controlling the U.S. House of Representatives voted on Tuesday to launch an investigation into what they term President Joe Biden’s weaponization of the federal government, but Democrats branded it a partisan fishing expedition. Republicans have been promising to use their new majority against the Justice Department, FBI and other …
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By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen is digging in to oversee billions of dollars in federal climate and infrastructure spending that she believes will transform the economy, close associates say, defying demands from Republicans to step down. Yellen’s oversight of about $270 billion in tax credits for electric vehicles, home …
Janet Yellen is staying put to oversee billions in climate spending Read More »
(This Jan. 9 story has been refiled to fix the spelling of “name” to “named” in paragraph 4) By Steve Holland and Kanishka Singh WASHINGTON (Reuters) – Classified documents from Joe Biden’s vice-presidential days were discovered in November by the U.S. president’s personal attorneys at a Washington think tank, a White House lawyer said on …
Classified documents from Biden’s vice presidency found at think tank Read More »
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended solidly higher on Tuesday, led by a 1% gain in the Nasdaq, on relief that Federal Reserve Chair Jerome Powell refrained in a speech from commenting on rate policy. In his first public appearance of the year, Powell said at a forum sponsored by the …
Wall St ends higher, Powell comments avoid rate policy Read More »
By Marcela Ayres BRASILIA (Reuters) -Brazil’s inflation ended 2022 with a sharp slowdown from double-digit peaks seen throughout the year on the back of fiscal measures and an aggressive monetary policy tightening, but once again missed the government’s official target. The benchmark IPCA consumer price index rose 5.79% last year, statistics agency IBGE said on …
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NEW YORK (Reuters) – A longtime executive for Donald Trump is expected to be sent to New York’s Rikers Island jail after being sentenced on Tuesday to five months behind bars for helping engineer a 15-year tax fraud scheme at the former president’s real estate company. Allen Weisselberg, the Trump Organization’s former chief financial officer, …
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By Rory Carroll LOS ANGELES (Reuters) – The city of Buffalo has faced some dark times this season but having overcome Bills safety Damar Hamlin’s on-field cardiac arrest and deadly winter blizzards, Rob Gronkowski predicts a storybook ending for the franchise’s long-suffering fans. The four-time Super Bowl champion and Buffalo native said the “brotherhood” of …
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By Lindsay Dunsmuir and Howard Schneider STOCKHOLM (Reuters) – The Federal Reserve’s independence from political influence is central to its ability to battle inflation, but requires it stay out of issues like climate change that are beyond its congressionally-established mandate, Fed Chair Jerome Powell said on Tuesday. “Restoring price stability when inflation is high can …
Powell: Fed needs independence to fight inflation, should avoid climate policy Read More »
By Jan Strupczewski BRUSSELS (Reuters) – The Group of Seven (G7) coalition will seek to set two price caps on Russian refined products in February, one for products trading at a premium to crude oil and the other for those trading at a discount, a G7 official said. The coalition – which consists of Australia, …
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