By Trevor Hunnicutt and Howard Schneider WASHINGTON (Reuters) – President Joe Biden is planning a media blitz to lift his sagging opinion poll numbers before November’s congressional election, promoting his management of America’s recovery from the cor…
Biden emphasized Fed independence in meeting with Powell – aide
WASHINGTON (Reuters) – U.S. President Joe Biden told Federal Reserve Chair Jerome Powell on Tuesday that he will give the central bank the space and independence to address inflation as it sees fit, according to a top aide. “The president underscored t…
U.S. will again urge U.N. sanctions if North Korea carries out nuclear test
By Michelle Nichols UNITED NATIONS (Reuters) – The United States will again push for more U.N. sanctions on North Korea if it carries out a seventh nuclear test, despite opposition by China and Russia, U.S. Ambassador to the United Nations Linda Thomas…
Biden, Fed Chair Powell meet to discuss 40-year-high inflation
By Jeff Mason and Jarrett Renshaw (Reuters) – U.S. President Joe Biden and Federal Reserve Chair Jerome Powell met on Tuesday to discuss historic inflation that is draining Americans’ pocketbooks. The meeting, the first since Powell’s confirmation for …
New Zealand, U.S. reiterate concern over China-Solomon Islands security deal
WASHINGTON (Reuters) – U.S. President Joe Biden and New Zealand Prime Minister Jacinda Ardern on Tuesday raised concerns about a security agreement between China and the Solomon Islands, the White House said. “The United States and New Zealand share a …
Biden to push new regional economic agenda, migration plan at Americas summit -officials
By Matt Spetalnick WASHINGTON (Reuters) -President Joe Biden will seek regional consensus on a new economic agenda to build on existing trade agreements with Latin America and present a plan to tackle increasing migration when he hosts the Summit of th…
Jurors in Depp-Heard case continue deliberations after question to judge
By Lisa Richwine (Reuters) -Jurors considering opposing lawsuits brought by former spouses Johnny Depp and Amber Heard continued deliberations on Tuesday after sending a question to the judge overseeing the trial on the actors’ multimillion-dollar defa…
U.S. can offer ‘comfort letters’ to help Russia grain, fertilizer exports – U.S. envoy
UNITED NATIONS (Reuters) – The United States is prepared to give “comfort letters” to shipping and insurance companies to help facilitate exports of Russian grain and fertilizer, U.S. Ambassador to the United Nations, Linda Thomas-Greenfield, said on T…
New York man may get longer sentence over attempted support of ISIS
NEW YORK (Reuters) – A New York man who planned to join Islamic State and attacked an FBI agent may be sentenced on Tuesday to a longer prison term after a federal appeals court called his 17-year sentence “shockingly low.” Fareed Mumuni, 27, pleaded g…
Rising cost of living hurts U.S. consumer confidence; house prices soar
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence eased modestly in May as persistently high inflation and rising interest rates force Americans to become more cautious about buying big ticket items, including motor vehicles and houses,…