Category Archives: National
Yellen vows to safeguard U.S. bank deposits, may need more interventions
WASHINGTON (Reuters) -The U.S. banking system is stabilizing after strong actions from regulators, but further steps to protect bank depositors may be needed if smaller institutions suffer deposit run...
Mar 21, 2023 FILE PHOTO: U.S. Treasury Secretary Janet Yellen takes questions on the Biden administration's plans following the collapse of three U.S. lenders including Silicon Valley Bank and Signature Bank, as she testifies before a Senate Finance Committee hearing on U.S. President Joe Biden's proposed budget request for fiscal year 2024, on Capitol Hill in Washington, U.S., March 16, 2023. REUTERS/Mary F. Calvert/File Photo
Fox, Dominion pursue pretrial wins in $1.6 billion defamation case
WILMINGTON, Delaware (Reuters) - Lawyers for Dominion Voting Systems on Tuesday were asking a Delaware judge to find Fox Corp liable for defamation over airing debunked vote-rigging claims, while Fox ...
Mar 21, 2023 FILE PHOTO: A headline for a story on the health of U.S. President Joe Biden is displayed at the Fox News headquarters in New York City, U.S. March 4, 2023. REUTERS/Chris Helgren
Russia's war on Ukraine latest: Putin and Xi hold 'thorough' exchange of views
(Reuters) - March 21 (Reuters) - "Dear friends" Russian President Vladimir Putin and Chinese leader Xi Jinping were due to hold further talks on Tuesday amid Western criticism that Xi's visit was givi...
Mar 21, 2023 Russian President Vladimir Putin and Chinese President Xi Jinping attend a meeting at the Kremlin in Moscow, Russia, March 20, 2023. Sputnik/Sergei Karpukhin/Pool via REUTERS
Biden uses first veto to defend rule on ESG investing
WASHINGTON (Reuters) -U.S. President Joe Biden on Monday rejected a Republican proposal to prevent pension fund managers from basing investment decisions on factors like climate change, in the first v...
Mar 20, 2023 FILE PHOTO: U.S. President Joe Biden speaks as he hosts H.E. Leo Varadkar, Taoiseach of Ireland, for a Shamrock presentation and reception in the East Room of the White House in Washington, U.S., March 17, 2023. REUTERS/Evelyn Hockstein
New York City braces for Trump indictment after ex-president urges protests
NEW YORK (Reuters) -Workers erected barricades around a Manhattan courthouse on Monday as New York City braced for a possible indictment of Donald Trump over an alleged hush-money payment to porn star...
Mar 20, 2023 A protestor holds a sign outside 80 Centre Street, where Manhattan District Attorney Alvin Bragg continues his investigation into former U.S. President Donald Trump, in New York City, U.S., March 20, 2023. REUTERS/David Dee Delgado
Amazon deepens tech-sector gloom with another 9,000 layoffs
(Reuters) - Amazon.com Inc on Monday said it would axe another 9,000 roles, piling on to a wave of layoffs that has swept the technology sector as an uncertain economy forces companies to get leaner. ...
Mar 20, 2023 FILE PHOTO: The Amazon.com logo and stock price information is seen on screens at the Nasdaq Market Site in New York City, New York, U.S., September 4, 2018. REUTERS/Mike Segar/File Photo
US House Republicans launch investigation of Manhattan DA in Trump probe
WASHINGTON (Reuters) -U.S. House of Representatives Republicans went on the offensive on Monday against a possible criminal indictment against Donald Trump, launching an investigation into the New Yor...
Mar 20, 2023 FILE PHOTO: Signage is seen in the Manhattan District Attorney Alvin Bragg's offices as he continues his investigation into former U.S. President Donald Trump, in Manhattan, New York City, U.S., March 18, 2023. REUTERS/Andrew Kelly
Uncertainty reigns as Fed considers interest rate hike
(Reuters) - Traders and economists remain split on whether the Federal Reserve will raise its benchmark policy rate on Wednesday, as more actions by the world's major central banks to stem banking str...
Mar 20, 2023 FILE PHOTO: A man walks past the Federal Reserve Bank in Washington, D.C., U.S. December 16, 2015. REUTERS/Kevin Lamarque/File Photo
FDIC to break up SVB, seeks separate sale of private unit
(Reuters) -The Federal Deposit Insurance Corporation on Monday decided to break up Silicon Valley Bank (SVB) and hold two separate auctions for its traditional deposits unit and its private bank after...
Mar 20, 2023 FILE PHOTO: A security guard stands outside of the entrance of the Silicon Valley Bank headquarters in Santa Clara, California, U.S., March 13, 2023. REUTERS/Brittany Hosea-Small/File Photo
U.S. Senate Democrat Durbin tests positive for COVID, will quarantine
WASHINGTON (Reuters) - U.S. Senator Dick Durbin, the chamber's No. 2 Democrat, said on Sunday that he will quarantine after testing positive for COVID-19, adding to a number of lawmakers from both par...
Mar 20, 2023 FILE PHOTO: U.S. Senate Judiciary Committee Chairman Dick Durbin takes part in the U.S. Senate Judiciary Committee hearing on President Joe Biden's judicial nominees on Capitol Hill in Washington, U.S., January 25, 2023. REUTERS/Leah Millis
