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By Ann Saphir (Reuters) -American families on average saw large gains in income and wealth from 2019 to 2022 and households became less fragile during a period marked by the severe disruptions of the COVID-19 pandemic and massive subsequent government spending, a Federal Reserve survey published Wednesday showed. But the income gains were largest among …

U.S. income inequality grew through pandemic years, Fed survey shows Read More »

By Susan Heavey and Elizabeth Howcroft WASHINGTON/LONDON (Reuters) -The United States issued sanctions on Wednesday aimed at disrupting funding for the Hamas militant group after its deadly attack in Israel, singling out people involved in its investment portfolio and a Gaza-based cryptocurrency exchange among other targets. The sanctions, announced as President Joe Biden visited Israel …

US sanctions seek to disrupt Hamas’ revenue, US Treasury says Read More »

WASHINGTON (Reuters) – The U.S. Senate Commerce Committee voted on Wednesday to send three nominations for the U.S. Federal Trade Commission to the full Senate. Lawmakers voted by a voice vote to send to the Senate floor the renomination of Commissioner Rebecca Slaughter, a Democrat, along with the nominations of two Republicans, Andrew Ferguson and …

U.S. Senate panel sends three FTC nominations to full Senate Read More »

By David Shepardson WASHINGTON (Reuters) -The U.S Environmental Protection Agency on Wednesday issued a final determination declaring that emissions from aircraft that use leaded fuel pose a danger to public health, following years of study. Commercial aircraft use jet fuel, which does not contain lead. Aircraft that do use leaded fuel are typically small piston-engine …

US says lead emissions from small piston-engine aircraft pose public health danger Read More »

By Doina Chiacu WASHINGTON (Reuters) – The United States issued new sanctions Wednesday on people and companies based in Iran, Hong Kong, China and Venezuela for enabling Iran’s ballistic missile and drone programs, the Treasury Department said. The sanctions target those who have supported the Islamic Revolutionary Guard Corps (IRGC) and the defense ministry in …

U.S. issues new Iran-related sanctions -Treasury Dept website Read More »

By Gram Slattery WASHINGTON (Reuters) – Republican presidential hopefuls are using the Israeli-Palestinian conflict to urge tougher security at the U.S.-Mexico border, in what political operatives call a novel attempt to link a foreign conflict to the domestic debate over immigration. The reason for that link is two-fold, say the operatives and political strategists involved …

Analysis-Republican 2024 hopefuls use Israeli-Palestinian conflict to push hard line on immigration Read More »