National

WASHINGTON (Reuters) — U.S. consumer confidence increased to a two-year high in January amid slowing inflation and expectations that the Federal Reserve would start cutting interest rates soon. The Conference Board said on Tuesday that its consumer confidence index rose to 114.8 this month, the hig…

WASHINGTON (Reuters) — A Republican-led U.S. House of Representatives panel on Tuesday began debating impeachment charges against Democratic President Joe Biden’s top border official, a near-unprecedented move that comes as political tensions around immigration ramp up. The House Homeland Sec…

WASHINGTON (Reuters) — U.S. job openings unexpectedly rose in December and data for the prior month was revised higher, suggesting the labor market likely remains too strong for the Federal Reserve to start cutting interest rates in the first quarter. Job openings, a measure of labor demand, were u…

WASHINGTON (Reuters) — U.S. President Joe Biden said on Tuesday he has made up his mind on how to respond to a drone attack that killed U.S. service members in Jordan, as he weighs punishing Iran-backed militias without triggering a wider war. Biden, speaking to reporters as he left the White House…

GAZA/DOHA/WASHINGTON (Reuters) — The United States vowed to take “all necessary actions” to defend American forces after a drone attack killed three U.S. troops in Jordan, while Qatar said it hoped U.S. retaliation would not damage regional security or undercut progress toward a new Gaz…

(Reuters) — Pharmaceutical companies are due to receive by Thursday the U.S. government’s opening proposal for what are expected to be significant discounts on 10 of its high-cost medicines, an important step in the Medicare health program’s first ever price negotiations. Five Wall Stre…

WASHINGTON/CARACAS (Reuters) — The U.S. on Monday began reinstating sanctions on Venezuela and a Biden administration source said a roll-back of restrictions on the oil industry could be allowed to expire, after the South American country’s top court upheld a ban blocking the candidacy of the…

WASHINGTON (Reuters) — Sales of U.S. military equipment to foreign governments in 2023 rose 16% to a record $238 billion, the U.S. State Department said on Monday, as countries sought to replenish stocks sent to Ukraine and prepare for major conflicts. The figures underpin expectations of stronger …

(Reuters) — American Airlines was sued on Monday in a proposed class action by two customers who said the carrier stripped them of 1.1 million frequent flier miles after they doubled up on credit cards offering mileage bonuses. Ari and Shanna Nachison said American wrongly accused them of fraud for…