U.S housing starts surge in December; jobless claims near 43-year low
2017-01-19 17:21:57 UTC
Washington (Reuters) - U.S. homebuilding rebounded more than expected in December as a strengthening economy boosts demand for rental housing.
Other data on Thursday showed the number of Americans filing for unemployment benefits unexpectedly f...
The danger of Trump's economic policies
2017-01-18 04:07:30 UTC
Protectionism has a certain appeal in every age and every nation, because of what we might call a piece of faulty wiring in the human brain. Our instincts were evolved on the savannahs of Pleistocene Africa. We have an ingrained tendency to ...
Trump and Republicans on their way to Destroy the Affordable Care Act
2017-01-14 08:15:47 UTC
By Richard Cowan and Susan Cornwell | WASHINGTON
U.S. House Republicans on Friday won passage of a measure starting the process of dismantling Obamacare, despite concerns about not having a ready replacement and the potential financial cost of re...
Justin Trudeau seeks to avoid potential U.S.- Canada trade war
2017-01-09 21:49:47 UTC
(Reuters) - Senior Canadian officials have met several times with advisers to U.S. President-elect Donald Trump in Washington in an effort to avert a possible trade war once he takes office this month, the Globe and Mail newspaper said on Monday.
Senate Majority Leader Mitch McConnell wants to act on Obamacare repeal by the end of the week
2017-01-09 01:43:19 UTC
WASHINGTON (Reuters) - The U.S. Senate will take its first steps toward repealing President Barack Obama's signature healthcare reform act by the end of the week, Republican Senate Majority Leader Mitch McConnell said on Sunday.
Speaking on CBS...
Repeal of Obama's Affordable Care Act, will place a heavy financial toll on millions of older Americans
2017-01-14 07:27:08 UTC
Column: Older Americans at risk as Congress takes ax to Obamacare.
CHICAGO (Reuters) - Anyone nearing retirement - or already retired - should pay very close attention to the doings of the 115th Congress that was sworn in this week.
Fast-food Restaurants CEO to head Trump's Labor Department
2016-12-08 19:24:29 UTC
WASHINGTON (Reuters) - President-elect Donald Trump will name fast-food executive Andy Puzder to head the U.S. Department of Labor, according to a source familiar with the matter, in an appointment likely to antagonize organized labor.
North Dakota: Victory for Native Americans and climate activists
2016-12-05 05:00:23 UTC
CANNON BALL, N.D./WASHINGTON (Reuters) - The U.S. Army Corps of Engineers said on Sunday it turned down a permit for a controversial pipeline project running through North Dakota, in a victory for Native Americans and climate activists who have pr...
Asia stocks, dollar slip amid U.S. election tension
2016-11-03 04:50:54 UTC
Asia shares joined the U.S. dollar on the defensive on Thursday as the nail-biting U.S. presidential race saw the S&P 500 suffer its longest losing streak in five years as investors sailed to safer harbors.
Tensions were aggravated by media rep...
Asia stocks shaky as FBI review of Clinton emails rattles markets
2016-10-31 07:18:13 UTC
SINGAPORE (Reuters) - Most Asian stocks struggled higher on Monday but investors were rattled by news that the FBI is planning to review more emails related to Democratic presidential candidate Hillary Clinton's private server, just a week before ...
California: 15 percent of cars have zero emissions by 2025
2016-08-12 21:03:52 UTC
San Francisco (REUTERS) - A California lawmaker next week will introduce a bill requiring 15 percent of all vehicles sold in the state to be emissions-free by 2025, her spokeswoman said on Friday.
Assemblywoman Autumn Burke said the legislation...
Trump endorses Paul Ryan, John McCain and Kelly Ayotte
2016-08-06 04:16:40 UTC
REUTERS - Republican Donald Trump acted to steer his White House campaign back into favor with his party's establishment on Friday by endorsing U.S. House of Representatives Speaker Paul Ryan and two Republican senators seeking re-election, after ...
Clinton, Sanders reach healthcare compromise
2016-07-09 18:14:14 UTC
Presumptive Democratic presidential nominee Hillary Clinton on Saturday announced a proposal to expand mandatory healthcare funding by $40 billion over the next 10 years, highlighting the influence that rival Democrat Bernie Sanders has had on her...
BREAKING NEWS: U.S. economy adds a greater-than-expected 287,000 jobs in June
2016-07-08 12:44:50 UTC
BREAKING NEWS: U.S. economy adds a greater-than-expected 287,000 jobs in June; Dow Jones futures up nearly 100 points
"No evidence for involving ISIS in Bangladesh attacks"
2016-07-03 18:19:03 UTC
Seven militants who killed 20 people at a Dhaka restaurant were Bangladeshis and authorities had earlier tried to arrest five of them, said officials who denied claims by Islamic State of responsibility for the attack.
The gunmen stormed the up...
Apple To boycott the GOP Convention Because of Donald Trump
2016-06-19 06:43:47 UTC
Apple To boycott the GOP Convention Because of Donald Trump. That seems to be the message underlying a story from Politico, which cites unnamed sources in reporting that the Cupertino, California-based maker of the iPhone and other iconic tech gad...
NASA's Mars Exploration Rover Opportunity finishes work at Marathon Valley on Mars
2016-06-19 03:22:31 UTC
Pasadena, CA – “Marathon Valley,” slicing through a large crater’s rim on Mars, has provided fruitful research targets for NASA’s Opportunity rover since July 2015, but the rover may soon move on.
Opportunity recently collected a sweeping panoram...
Dollar extends losses, stocks add to gains after Fed
2016-06-15 18:51:47 UTC
Global stock markets briefly added to gains while the U.S. dollar extended losses on Wednesday after the Federal Reserve decided to leave interest rates unchanged.
U.S. bond yields fell after the statement by the U.S. central bank, which also s...
Trump used 'fraud' university to pocket millions
2016-06-03 04:10:17 UTC
Donald Trump “personally pocketed $5m” from his Trump University “scam”, New York’s attorney general, Eric Schneiderman, said on Thursday.
“This never was a university. The fraud started with the name of the organization,” said Eric Schneiderma...
Obama rails against Donald Trump's Nonsense Economic Plans
2016-06-03 01:07:48 UTC
President Barack Obama slammed Donald Trump's proposal to weaken Wall Street reforms and touted his own economic record on Wednesday during a trip to a city he visited three weeks into his presidency that has recovered from its recession lows.
Donald Trump's new finance chair donated to Hillary Clinton
2016-05-05 20:07:54 UTC
Donald Trump named a national finance chairman for his presidential campaign, picking an investor with little experience in campaigns but a long history of political donations to both parties.
Steven Mnuchin, a former partner at Goldman Sachs w...
San Francisco could be first U.S. city with fully paid parental leave
2016-04-05 22:46:37 UTC
San Francisco could become the first U.S. city to mandate fully paid parental leave, requiring employers to shoulder a substantial portion of the burden and far exceeding the benefits provided by California and other states and cities.
The democratic socialist Bernie Sanders holds a wide lead with primary voters in New Hampshire
2016-02-05 20:07:57 UTC
Democrat Hillary Clinton went on the attack against rival Bernie Sanders on Thursday in their most contentious presidential debate yet, questioning whether his ambitious proposals were viable and saying it was unfair to question her liberal creden...
House fails for 63rd time to repeal Affordable Care Act, which currently insures as many as 22 million Americans
2016-02-03 05:00:04 UTC
House Speaker Paul Ryan, shown here at the Capitol, finally achieved what his predecessors could not -
a repeal of the 2010 Affordable Care Act which currently insures as many as 22 million Americans.
The U.S. House of Representatives on Tuesd...
Worst performers in Dow Jones Industrials
2016-01-20 18:37:40 UTC
Wall Street moved deep into the red on Wednesday, with the S&P 500 hitting its lowest since February 2014 and extending this year's selloff as oil prices continued to plummet unabated.
The rout was across the board: all 30 Dow components and al...