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By Ann Saphir and John Kruzel (Reuters) -A U.S. Supreme Court ruling Thursday in a legal battle over President Donald Trump’s firing of two federal labor board members contained a line that eased, for now, worries that the cases could open the door for Trump to fire Federal Reserve Chair Jerome Powell at will. The …

US Supreme Court says Fed is unique, easing worries over Trump’s ability to fire Powell Read More »

By Chibuike Oguh NEW YORK (Reuters) – U.S. stocks closed a choppy session little changed on Thursday, erasing initial declines as Treasury yields eased off recent highs after the House of Representatives passed U.S. President Donald Trump’s tax and spending bill. Recent concerns about the U.S. deficit have pushed up Treasury yields and pressured stocks, …

Wall Street stocks end mostly flat in choppy trade as Treasury yields ease Read More »

By Nandita Bose and Jeff Mason WASHINGTON (Reuters) -U.S. President Donald Trump confronted South African President Cyril Ramaphosa on Wednesday with explosive false claims of white genocide and land seizures during a tense White House meeting that was reminiscent of his February ambush of Ukrainian leader Volodymyr Zelenskiy. South Africa has one of the highest …

Trump confronts South Africa’s Ramaphosa with false claims of white genocide Read More »

By Jody Godoy, Mike Scarcella (Reuters) -The U.S. Federal Trade Commission has demanded documents from Media Matters about possible coordination with other media watchdogs accused by Elon Musk of helping orchestrate advertiser boycotts of X, according to a document seen by Reuters on Thursday. The civil investigative demand seeks information about Media Matters’ communications with …

FTC probes Media Matters over Musk’s X boycott claims, document shows Read More »

(Reuters) – Discount store operator Ross Stores on Thursday withdrew its fiscal 2025 forecasts and said tariffs could take a toll on its profitability this year, sending its shares down 11% in extended trading. Macroeconomic uncertainty due to U.S. President Donald Trump’s tariff policy, along with still-high inflation, has forced many consumer-facing companies, particularly footwear, …

Ross Stores withdraws annual forecasts due to tariff pressures Read More »

(Reuters) -Geothermal energy in the Great Basin of Nevada and adjoining states could produce electricity equivalent to 10% of the current U.S. power supply, the U.S. Geological Survey said on Thursday.   The projected 10% would be a major increase, considering that geothermal energy currently contributes less than 1% to the nation’s power supply, the agency …

US agency says geothermal energy in Nevada’s Great Basin could play larger role Read More »

By Jody Godoy and Ross Kerber (Reuters) -U.S. federal antitrust enforcers expressed support on Thursday for arguments wielded by Republican states that accuse asset managers BlackRock, Vanguard and State Street of conspiring through climate activism to decrease coal output. The U.S. Department of Justice and Federal Trade Commission filed a statement of interest in the …

US supports Republican states’ argument in BlackRock climate case Read More »