Reuters USA

By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said she remained vigilant to downside risks facing the global economy, given the negative economic consequences of Russia’s war against Ukraine and recent pressures on banking systems in the United States and elsewhere. In remarks prepared for a news conference, Yellen said the global economy …

Yellen says vigilant to downside risks given war in Ukraine, banking pressures Read More »

By David Lawder WASHINGTON (Reuters) – The International Monetary Fund on Tuesday trimmed its 2023 global growth outlook slightly as higher interest rates cool activity but warned that a severe flare-up of financial system turmoil could slash output to near recessionary levels. The IMF said in its latest World Economic Outlook report that banking system …

IMF warns deeper financial turmoil would slam global growth Read More »

(In April 4 article, corrects name of Rainbow Rare Earths in paragraphs 16 and 20) By Eric Onstad LONDON (Reuters) -Sweden, South Africa and Australia are at the forefront of a push to transform piles of mine waste and by-products into rare earths vital for the green energy revolution, hoping to substantially cut dependence on …

Mine waste finds new life as source of rare earths Read More »

By David Shepardson and Diane Bartz WASHINGTON (Reuters) – The Biden administration said Tuesday it is seeking public comments on potential accountability measures for artificial intelligence (AI) systems as questions loom about its impact on national security and education. ChatGPT, an AI program that recently grabbed the public’s attention for its ability to write answers …

US begins study of possible rules to regulate AI like ChatGPT Read More »

(Reuters) – JetBlue Airways Corp will launch flights to Amsterdam as it looks to cash in on the soaring demand for transatlantic travel, the New York-based low cost carrier said on Tuesday. The move comes days after a Dutch court overruled a government plan to cap flights at Amsterdam’s Schiphol airport in 2023-2024 and at …

JetBlue launches flights to Amsterdam as demand for transatlantic travel rise Read More »

(Reuters) -The prospect of the Federal Reserve raising its benchmark interest rate only once more and in a 25 basis point increment is a useful starting point but the central bank’s policy path will depend on incoming data, New York Fed President John Williams said on Tuesday. “That’s a reasonable starting place. I mean, that’s …

Fed’s Williams says interest rate path is data dependent Read More »

By Alexander Marrow MOSCOW (Reuters) – Russia may see a sharply wider budget deficit and a smaller current account surplus this year, while global isolation and lower energy revenues dampen its economic growth prospects for years to come, the International Monetary Fund said on Tuesday. The IMF raised its 2023 Russia GDP forecast to growth …

Russia may see wider 2023 budget deficit, lower growth for years to come -IMF Read More »

(This April 10 story has been corrected to read NOFORN instead of NONFORN, in paragraph 6) WASHINGTON (Reuters) – U.S. national security agencies and the Justice Department are investigating the release of dozens of classified documents to assess the damage to national security and relations with allies and other countries, including Ukraine. Here is what …

What is known about latest leak of U.S. secrets Read More »

By Brad Brooks (Reuters) -An Oklahoma school board is set to vote on Tuesday on whether the state will allow the first taxpayer-funded religious charter school in the U.S. – a decision that promises to ignite a legal battle testing the concept of separation of church and state. The Statewide Virtual Charter School Board will …

Oklahoma to vote on first taxpayer-funded religious school in US Read More »