National

WASHINGTON (Reuters) – The U.S. plans to buy 1.2 million barrels of oil to help replenish the Strategic Petroleum Reserve after it sold off the largest amount ever last year, the Energy Department said on Monday. The department said the planned purchase for the oil is at an average price of $…

LOS ANGELES (Reuters) — A weekend fire that heavily damaged an elevated stretch of a downtown Los Angeles freeway, forcing an indefinite closure of the structure, was found by investigators to have been deliberately set, state officials said on Monday. The arson ruling in the blaze that engulfed a …

(Reuters) — The U.S. needs more natural gas pipeline capacity to maintain reliable gas supply during extreme cold weather, a trade group representing pipeline companies said on Monday in support of regulators who last week urged sought new rules to prevent a repetition of last winter’s power …

(Reuters) — Chrysler-parent Stellantis said Monday it is offering 6,400 U.S. salaried employees voluntary buyouts as it works to cut costs amid the transition to electric vehicles and agreeing to a new United Auto Workers contract. The buyouts would be about half the company’s salaried U.S. e…

SAN FRANCISCO (Reuters) — The commerce chiefs of the United States and China will meet at the Asia Pacific Economic Cooperation (APEC) forum this week, one of a series of cabinet-level engagements surrounding high-stakes talks between U.S. President Joe Biden and Chinese President Xi Jinping. A U.S…

NEW YORK (Reuters) — With a mixed picture of consumer demand emerging over the past quarter, earnings results from Walmart and Target on Wednesday and Thursday respectively will shed light on what lies ahead for U.S. retailers ahead of Black Friday. After a turbulent holiday season last year, when …

NEW YORK (Reuters) — The expected path for inflation softened on balance in October amid rising expectations for future gasoline price increases and a largely stable outlook for employment and personal finances, the Federal Reserve Bank of New York reported on Monday. Respondents to the bank’s late…

WASHINGTON (Reuters) — The U.S. Supreme Court’s three liberal justices on Monday sharply objected to the court’s refusal to hear an appeal by a former Illinois inmate who was kept in solitary confinement in a state prison and virtually deprived of any exercise for about three years. The…

(Reuters) — U.S. President Joe Biden’s 2024 re-election team on Monday said former President Donald Trump had embraced the language of Nazi German dictator Adolf Hitler by using the word “vermin” to refer to his political enemies. Trump told a rally in New Hampshire on Saturday he…

WASHINGTON (Reuters) — The U.S. Supreme Court on Monday asked President Joe Biden’s administration for its views on whether the justices should take up the U.S. Soccer Federation’s bid to bar a lawsuit accusing it of conspiring with FIFA to prohibit foreign teams from playing official m…