US banks report 13.5% jump in profits: FDIC
By Pete Schroeder WASHINGTON (Reuters) -The U.S. banking industry saw its profits jump 13.5% to $79.3 billion in the third…
Fire disrupts COP30 climate talks as UN chief urges deal
(Refiles to fix dropped letter in second bullet point) By Kate Abnett, Simon Jessop and Lisandra Paraguassu BELEM, Brazil (Reuters)…
Morgan Stanley drops call for December Fed rate cut after strong jobs data
(Reuters) -Morgan Stanley on Thursday scrapped its forecast that the U.S. Federal Reserve would cut interest rates by a quarter-point…
No recession risk for US economy as a whole, Bessent tells NBC
By Andrea Shalal and David Lawder WASHINGTON (Reuters) -Treasury Secretary Scott Bessent on Sunday said the 43-day government shutdown caused…
US Education Department requiring non-disclosure agreements in Trump reorganization, sources say
By Bo Erickson WASHINGTON (Reuters) -The Trump administration is advancing its plan to dismantle the Department of Education and is…
Musk’s X recovers for most US users after brief outage, Downdetector shows
(Reuters) -Elon Musk’s X recovered for most U.S. users after a brief outage on Friday, according to Downdetector.com, just days…
Court blocks new Texas congressional map drawn by Republicans
By Brad Brooks, Andrew Hay and Costas Pitas (Reuters) -A federal court on Tuesday blocked Texas from using a new…
Factbox-US secures $1 trillion Saudi spending commitments spanning nuclear energy to F-35s
(Reuters) -U.S. President Donald Trump’s lavish welcome of Crown Prince Mohammed bin Salman to Washington this week, touted by many…
Crypto exchange Kraken valued at $20 billion in latest funding round
(Reuters) -Crypto exchange Kraken said on Tuesday it was valued at $20 billion in its latest fundraise, a 33% increase…
Fed’s Goolsbee uneasy about rate cuts, says nothing wrong with dissenting
By Ann Saphir (Reuters) -Chicago Federal Reserve President Austan Goolsbee on Thursday said he is uneasy about cutting interest rates…