WASHINGTON (Reuters) -Federal prosecutors have opened a grand jury probe into whether former U.S. President Donald Trump mishandled classified records that ended up at his Florida residence, the New York Times reported on Thursday, citing two people br…
N. Korea reports COVID cases, fires 3 ballistic missile tests
By Hyonhee Shin SEOUL (Reuters) -North Korea fired three ballistic missiles towards the sea off its east coast on Thursday, South Korea and Japan said, in its latest tests aimed at advancing its weapons programmes, even as it reported a COVID-19 outbre…
Top House Republican gets subpoena from U.S. Capitol riot panel
By Jan Wolfe WASHINGTON (Reuters) -Congressman Kevin McCarthy, the top Republican in the U.S. House of Representatives, and four other lawmakers received subpoenas on Thursday from the House committee investigating the Jan. 6, 2021, attack on the Capit…
U.S. Senate Republicans launch record early ad blitz in battleground states
WASHINGTON (Reuters) – U.S. Senate Republicans are about to ramp up spending on television ads in seven battleground states, part of a record $53 million messaging campaign aimed at winning a majority in the chamber in the Nov. 8 midterm elections. The…
World shares sink as inflation, economic fears persist
By Elizabeth Dilts Marshall NEW YORK (Reuters) – World equities fell on Thursday to an 18-month-low, with markets dogged by fears high inflation would persist and force central banks to keep tightening monetary policy. In the United States, stocks ende…
Finland, worried by Russian invasion of Ukraine, moves to join NATO; Kremlin warns of response
By Anne Kauranen and Essi Lehto HELSINKI (Reuters) -Finland must apply to join the NATO military alliance “without delay”, its president and prime minister said on Thursday, in a historic policy shift triggered by Russia’s invasion of Ukraine. Moscow s…
U.S. labor market still tightening; producer price gains moderate
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, touching the highest level in three months, but there is no material shift in labor market conditions amid strong …
Fed chief Powell gets strong Senate nod for second term
By David Morgan and Ann Saphir WASHINGTON (Reuters) -The U.S. Senate on Thursday confirmed Jerome Powell to a second four-year term as head of the Federal Reserve, paving the way for him to continue leading the central bank as it confronts the highest …
Meatpackers convinced Trump officials to keep plants running during COVID crisis -U.S. House report
By Leah Douglas (Reuters) – Top U.S. meatpacking companies drafted the executive order issued by President Donald Trump in 2020 to keep meat plants running and convinced his administration to encourage workers to stay on the job at the height of the CO…
Crypto meltdown deepens as stablecoin Tether drops below dollar peg
By Alun John, Elizabeth Howcroft and Samuel Indyk HONG KONG / LONDON (Reuters) – The meltdown in TerraUSD, one of the world’s largest stablecoins, sent shockwaves through cryptocurrency markets on Thursday, pushing another stablecoin Tether below its d…