National

(Reuters) — A tropical storm off the mid-Atlantic coast began dumping rain on parts of North Carolina on Friday and will likely bring more precipitation along with high winds and storm surges to parts of Virginia and Delaware, the National Weather Service said. In Virginia, Governor Glenn Youngkin …

(Reuters) — Billionaire investor Bill Ackman said he believed 30-year interest rates would rise further, while his Pershing Square Capital Management hedge fund remains short on bonds, as he sees inflation remaining stubbornly high. His comments came after the U.S. Federal Reserve held interest rat…

NEW YORK (Reuters) — E-commerce giant Shein is sending more low-priced apparel and home goods to U.S. warehouses from China to speed up shipping times for shoppers, according to data from global trade analysis firm ImportGenius provided exclusively to Reuters. Shein, known for its $10 tops and $5 b…

(Reuters) — California Insurance Commissioner Ricardo Lara took steps on Thursday to allow property insurers to factor in climate risks including wildfires in rate prices, if they increase underwriting in at-risk areas to wean consumers off state-funded coverage. Since 2022, seven of the state̵…

(Reuters) — Former President Donald Trump has urged fellow Republicans in Congress to shut down the government to thwart the federal prosecutions against him, although any funding lapse was unlikely to stop the cases from being pursued. Republicans in the U.S. House of Representatives are at odds o…

(Reuters) — U.S. hotel owners could see greater pressure on their ability to service the loans backing their properties, as a decline in leisure stays coupled with rising costs are expected to pinch their profits. In the second quarter, many hotel owners reported rates of leisure stay anywhere betw…

(Reuters) — The Biden administration on Thursday announced plans to remove medical bills from Americans’ credit reports in a push to end what it called coercive debt collection tactics that affect millions of consumers. Proposals under consideration would help families financially recover fro…

(Reuters) — The Federal Trade Commission on Thursday sued U.S. Anesthesia Partners and a private equity firm in Texas federal court, accusing them in a novel legal complaint of restricting competition to drive up prices for patients. The agency’s lawsuit in Houston federal court said health a…

MEXICO CITY (Reuters) — U.S. border authorities encountered more than 142,000 migrants at the U.S.-Mexico border in the first half of September, according to data shared by Mexico’s president, a tally on pace to match or even surpass previous monthly highs. Mexican President Andres Manuel Lop…

WASHINGTON (Reuters) — U.S. President Joe Biden is establishing a new office of gun violence prevention at the White House to implement existing laws and work with local authorities to pass gun safety legislation at the state level, officials said on Thursday. The new office will be overseen by Vic…