MEXICO CITY (Reuters) – Mexican immigration agents found three unaccompanied Salvadoran children stranded on an islet on the Rio Grande, which straddles the U.S.-Mexico border, Mexico’s immigration institute said. The three sisters are 9, 6 and 1 year old, the institute said in a statement on Wednesday. Members of Mexico’s National Guard first issued an …
Salvadoran girls found on Rio Grande at U.S.-Mexico border Read More »
By David Lawder WASHINGTON (Reuters) -The U.S. government’s December budget deficit quadrupled from a year earlier to $85 billion as receipts shrank slightly and outlays grew to a new December record, the Treasury Department said on Thursday as it neared the $31.4 trillion federal debt limit. The results confirmed forecasts that revenues would start to …
U.S. December deficit quadruples as outlays grow, debt ceiling nears Read More »
WASHINGTON (Reuters) – The price hike for Moderna Inc COVID-19 shots is hard to justify, White House spokesperson Karine Jean-Pierre said on Thursday. Moderna is considering pricing its vaccine at $110 to $130 per dose in the United States when it shifts from government contracting to commercial distribution, the company’s chief executive, Stephane Bancel, told …
White house: Price hike for Moderna’s COVID shots hard to justify Read More »
SEOUL (Reuters) – South Korea’s import prices rose at their slowest pace in 21 months in December, as the local won currency strengthened and oil prices fell, implying weakening pressure on consumer inflation. The prices of the country’s imports stood 9.1% higher in December than a year ago, in terms of the won currency, compared …
South Korea Dec import price growth slowest in 21 months Read More »
WASHINGTON (Reuters) – U.S. President Joe Biden did not know that classified documents from his vice presidential days were at a Washington think tank or house in Wilmington, White House spokesperson Karine Jean-Pierre said on Thursday. Biden did not know what was in those classified documents, the White House said after Attorney General Merrick Garland …
By Helen Coster (Reuters) -Dow Jones, a division of News Corp that includes the financial news outlets the Wall Street Journal, Barron’s and MarketWatch, plans to lay off 22 employees, according to IAPE, the union representing unionized Dow Jones employees. In a statement to Reuters on Wednesday, a Dow Jones spokesperson said that “several teams …
By Hannah Lang (Reuters) – City National Bank has agreed to pay $31 million to settle lending discrimination allegations with the U.S. Justice Department, the agency said on Thursday. A complaint filed in federal court on Thursday alleged that from 2017 through at least 2020, the Los Angeles-based bank received fewer applications in majority-Black and …
City National Bank reaches settlement of redlining allegations with Justice Dept Read More »
By Laila Kearney NEW YORK (Reuters) -Oil prices gained about $1 a barrel on Thursday, supported by figures showing U.S consumer prices unexpectedly fell in December and by optimism over China’s demand outlook. The U.S. consumer price index dipped 0.1%, suggesting inflation was now on a sustained downward trend. Top oil importer China is reopening …
Oil up more than 1% on U.S. inflation data, demand optimism Read More »
By Lucia Mutikani WASHINGTON (Reuters) – U.S consumer prices fell for the first time in more than 2-1/2 years in December as gasoline and motor vehicles prices declined, offering hope that inflation was now on a sustained downward trend, though the labor market remains tight. Americans also got more relief at the supermarket last month, …
U.S. inflation retreating as consumer prices fall; labor market still tight Read More »
By John McCrank NEW YORK (Reuters) – The dollar tumbled to a nearly nine-month low against the euro on Thursday after data showed U.S. inflation was easing, prompting bets that the Federal Reserve will be less aggressive with rate hikes going forward. The move lower in the dollar came as the Japanese yen surged, hitting …
Dollar slides to nearly 9-month low vs euro after U.S. inflation data Read More »
