(Refiling to delete extraneous word “retreats” from headline) By Stephen Culp NEW YORK (Reuters) – The S&P 500 and the Nasdaq finished in the red on Tuesday as worries that aggressive moves to curb decades-high inflation might tip the U.S. economy into…
Backing Trump foe, Pence asks Republicans to focus on the future
By Alexandra Ulmer KENNESAW, Ga. (Reuters) – Former Vice President Mike Pence campaigned for one of his ex-boss’ nemeses on Monday night in the Republican primary for governor of Georgia, urging voters not to dwell on the past. Ahead of Tuesday’s votin…
Stocks tumble on growth concerns, bond yields slip
By Herbert Lash and Lawrence White NEW YORK/LONDON (Reuters) -Shares slid worldwide on Tuesday as supply chain woes and surging costs hurt corporate earnings and manufacturing output slowed, while Treasury yields dipped as the weakness in equities revi…
U.S. commission recommends renaming nine Army bases to strip Confederate legacy
WASHINGTON (Reuters) – A Congressionally mandated commission announced on Tuesday its recommendations for changes to the names of nine U.S. Army bases that currently honor the Confederacy and Confederate leaders. The recommended changes, if implemented…
U.S. states, manufacturers to decide if gov’t benefits apply to imported baby formula
By Leah Douglas (Reuters) – State officials and manufacuturers are working out whether baby formula imported from outside the United States to address severe supply shortages will be available to families who rely on government discounts to make it aff…
Analysis-Subtle shift in U.S. rhetoric suggests new Iran approach
By Arshad Mohammed and John Irish (Reuters) – A subtle shift in official U.S. statements suggests Washington believes reviving the 2015 Iran nuclear deal is better than the alternatives despite the advances in Iran’s nuclear program, diplomatic and oth…
U.S. forecasters predict 7th straight above-normal hurricane season
By Erwin Seba (Reuters) -The Atlantic hurricane season is poised to deliver another round of above-normal storms for the seventh consecutive year, the National Oceanic and Atmospheric Administration (NOAA) said on Tuesday. NOAA forecasters estimate 14 …
Trump’s sway faces biggest midterm test in Georgia’s Republican races
By Alexandra Ulmer ATLANTA (Reuters) -Donald Trump’s campaign to play kingmaker in this year’s U.S. midterm elections faces its biggest test yet in Georgia on Tuesday as Republican voters decide whether to heed his demands to oust Governor Brian Kemp. …
Russian and Chinese jets deliver pointed send-off on last day of Biden Asia trip
By Nobuhiro Kubo, Hyonhee Shin and Michael Martina TOKYO/SEOUL/WASHINGTON (Reuters) -Russian and Chinese bombers flew joint patrols near Japanese and South Korea air defense zones on Tuesday in a pointed farewell to U.S. President Joe Biden as he concl…
Shareholders back Shell’s climate strategy after raucous meeting
By Shadia Nasralla and Ron Bousso LONDON (Reuters) – Shareholders backed Shell’s climate strategy in a meeting on Tuesday that was disrupted by dozens of climate protesters, while a climate activist proposal from the Follow This group received fewer vo…