National

(Reuters) — Morgan Stanley said on Monday it expects the S&P 500 to end 2024 at 4,500, and predicted earnings recovery through the year. The target represents a 2% upside from current levels. The index on Friday closed 1.6% higher at 4,415.24. Strategists at the brokerage led by Michael Wilson …

WASHINGTON (Reuters) — U.S. Senator Tim Scott suspended his run for the 2024 Republican presidential election nomination on Sunday after months of burning through campaign cash at a blistering rate without making a significant dent in national opinion polls. “I think the voters, who are the m…

WASHINGTON (Reuters) — U.S. President Joe Biden wants to re-establish military-to-military ties with China, White House national security adviser Jake Sullivan said on Sunday, days before the president and the Chinese leader are set to meet. Biden will meet Chinese President Xi Jinping in person fo…

(Reuters) — Banks on the payment app Zelle have begun refunding victims of imposter scams to address consumer protection concerns raised by U.S. lawmakers and the federal consumer watchdog, in a major policy change. The 2,100 financial firms on Zelle, a peer-to-peer network owned by seven banks inc…

A Black Hawk military helicopter of the U.S. Army in Zamosc, Poland, in 2022.  WASHINGTON (Reuters) — Five U.S. special operations troops were killed on Friday when their helicopter crashed into the Mediterranean Sea during a training mission, U.S. officials said on Sunday. U.S. European Command sa…

WASHINGTON (Reuters) — The United States and Indonesia on Monday will discuss how to advance a potential minerals partnership aimed a stimulating trade of the electric vehicle (EV) battery metal nickel, according to three people with direct knowledge of the conversations. Next steps that could move…

(Reuters) — Canadian emissions monitoring company GHGSat on Saturday launched a satellite aimed at detecting carbon dioxide emissions from individual facilities like coal plants and steel mills from space for the first time. The satellite, named Vanguard, launched from Vandenberg Space Force Base i…

WASHINGTON (Reuters) — U.S. House of Representatives Speaker Mike Johnson unveiled a Republican stopgap spending measure on Saturday aimed at averting a government shutdown a week from now, but the measure quickly ran into opposition from lawmakers from both parties in Congress. Unlike ordinary con…

WASHINGTON (Reuters) — Former U.S. President Donald Trump, if re-elected in 2024, would expand his first-term immigration crackdown to include sweeping roundups of people who would be held in large camps to await deportation, the New York Times reported on Saturday. The report was based on intervie…

CHICAGO (Reuters) — The United States is importing record amounts of beef this year and exporting less after ranchers slashed the nation’s cattle herd to its lowest level in decades, tightening margins for meat companies like Tyson Foods. The decline in cattle numbers, after years of drought …