National

WASHINGTON (Reuters) — U.S. prosecutors on Saturday urged a federal appeals court to reject former President Donald Trump’s claim that he cannot face criminal charges for seeking to overturn his defeat in the 2020 election. Special Counsel Jack Smith, who is overseeing the prosecution, argued in a …

(Reuters) — Coastal communities in California faced another day of towering waves and possible flooding on Saturday as officials issued evacuation orders in some areas and warned residents to stay off beaches and coastal roadways. The National Weather Service in Los Angeles forecast significant flo…

(Reuters) — A federal appeals court on Saturday cleared the way for a California law that bans the carrying of guns in most public places to take effect at the start of 2024, as the panel put on hold a judge’s ruling declaring the measure unconstitutional. The 9th U.S. Circuit Court of Appeal…

WASHINGTON (Reuters) — Last year, a veteran Silicon Valley software executive took the helm of a startup in his native China, company records show. The startup told potential investors it would sell microchip design software that is mostly available from just a handful of large Western companies. T…

(Reuters) — American drivers can expect lower motor fuel costs for a second-straight year in 2024 as a jump in global refining capacity and a surplus in U.S. gasoline stocks drive down retail prices, according to analysts’ forecasts. The U.S. national average retail gasoline price could drop …

(Reuters) — Michael Cohen, Donald Trump’s former fixer and lawyer, said in court papers unsealed on Friday that he mistakenly gave his attorney fake case citations generated by an artificial intelligence program that made their way into an official court filing. Cohen, who is expected to be a…

WASHINGTON (Reuters) — U.S. Secretary of State Antony Blinken has approved the sale to Israel of 155 mm artillery shells and related equipment without congressional review, the Pentagon said on Friday. Blinken determined that an emergency exists that requires the immediate sale to Israel, thereby w…

NEW YORK (Reuters) — U.S. stocks closed modestly lower on Friday, the last trading day of 2023, capping a robust year-end rally as investors eyed easier monetary policy in the year ahead. The stock market has seen remarkable upward momentum in the closing months of the year, powering all three majo…

(Reuters) — Asset management firms hoping to be among the first to win regulatory approval to launch exchange traded funds (ETFs) tied to the spot price of bitcoin updated their filings with the Securities and Exchange Commission on Thursday and Friday, as market participants said a decision from t…

NEW YORK (Reuters) — U.S. prosecutors said they do not plan to conduct a second trial against Sam Bankman-Fried, who was convicted last month of stealing from customers of his now-bankrupt FTX cryptocurrency exchange. In a letter filed on Friday night in federal court in Manhattan, prosecutors said…