Breaking Stock Market and Financial News

Trump administration mulls changes to trade deficit calculations: WSJ

Top Reuters News - Sun, 02/19/2017 - 15:22
WASHINGTON (Reuters) - U.S. President Donald Trump's administration is mulling changes to how it calculates U.S. trade deficits in a way that would likely help bolster political arguments to renegotiate key trade deals, the Wall Street Journal reported on Sunday, citing people involved in the discussions.

U.S. senators look to new sanctions against Iran for missile development

Top Reuters News - Sun, 02/19/2017 - 14:10
MUNICH (Reuters) - U.S. Republican senators plan to introduce legislation to impose further sanctions on Iran, accusing it of violating U.N. Security Council resolutions by testing ballistic missiles and acting to "destabilise" the Middle East, a U.S. senator said Sunday.

Kraft withdraws offer to merge with Unilever

Top Reuters News - Sun, 02/19/2017 - 13:26
(Reuters) - U.S. food company Kraft Heinz Co has agreed to withdraw its proposal for a $143-billion merger with larger rival Unilever Plc , the companies said on Sunday.

Trump's national security candidates promised autonomy

Top Reuters News - Sun, 02/19/2017 - 13:19
WASHINGTON (Reuters) - President Donald Trump's next pick for national security adviser will have autonomy over staffing and key decisions, the White House said on Sunday as it scrambles to fill the post following the turbulent departure of Michael Flynn.

Trump's defense chief, unlike boss, says has no issues with media

Top Reuters News - Sun, 02/19/2017 - 10:11
ABU DHABI (Reuters) - Defense Secretary Jim Mattis on Sunday distanced himself from President Donald Trump's assessment of the media as "the enemy of the American people," saying during his first trip to the Middle East that he had no problems with the press.

Suicide bomb in market in Somalia capital kills 18, wounds 25: official

Top Reuters News - Sun, 02/19/2017 - 08:22
MOGADISHU (Reuters) - A blast from a suicide car bomb ripped through a Somali market on Sunday, killing 18 people and wounding at least 25, an official said, days before the country is due to inaugurate a new president.

A year ago, Israel, Jordan and Egypt secretly met for peace: report

Top Reuters News - Sun, 02/19/2017 - 06:22
JERUSALEM (Reuters) - Prime Minister Benjamin Netanyahu met secretly a year ago with the leaders of Egypt and Jordan in a failed attempt by the Obama administration to convene a wider regional summit on Israeli-Palestinian peace, Israel's Haaretz daily said on Sunday.

Britain's exit from EU irrevocable once triggered: minister

Top Reuters News - Sun, 02/19/2017 - 05:15
LONDON (Reuters) - The process of Britain leaving the European Union is irrevocable once it has been triggered, a government minister said on Sunday.

Suppressing free press is 'how dictators get started': Senator McCain

Top Reuters News - Sun, 02/19/2017 - 04:45
MUNICH (Reuters) - Senator John McCain, defending the media against the latest attack by President Donald Trump, warned that suppressing the free press was "how dictators get started".

Four North Korean suspects fled Malaysia after airport murder: police

Top Reuters News - Sun, 02/19/2017 - 04:20
KUALA LUMPUR (Reuters) - Four North Korean suspects in the murder of the estranged half-brother of North Korean leader Kim Jong Un fled Malaysia on the day he was attacked at Kuala Lumpur airport and apparently killed by a fast-acting poison, police said on Sunday.

Iraqi forces advance toward Mosul airport in push to capture city

Top Reuters News - Sun, 02/19/2017 - 04:08
BAGHDAD, SOUTH OF MOSUL, Iraq (Reuters) - U.S.-backed Iraqi forces began moving on Sunday toward Mosul's airport, the first target of a ground offensive to capture the western side of the city that remains under control of Islamic State, the Iraqi military said.

Trump administration drafts plan to raise asylum bar, speed deportations

Top Reuters News - Sat, 02/18/2017 - 23:49
WASHINGTON (Reuters) - The Department of Homeland Security has prepared new guidance for immigration agents aimed at speeding up deportations by denying asylum claims earlier in the process.

U.S. pushes Beijing to keep up pressure on North Korea

Top Reuters News - Sat, 02/18/2017 - 22:44
WASHINGTON (Reuters) - Washington urged Beijing to keep pressure on North Korea to return to talks aimed at preventing Pyongyang from making further advances in its weapons program in violation of U.N. resolutions.

Trump administration to expand groups of immigrants to be deported: documents

Top Reuters News - Sat, 02/18/2017 - 21:56
WASHINGTON (Reuters) - The Trump administration plans to direct immigration agents to greatly expand the categories of immigrants they target for deportation, according to drafts of two memos seen by Reuters and first reported by McClatchy news organization on Saturday.

U.S. carrier group patrols in South China Sea: U.S. navy

Top Reuters News - Sat, 02/18/2017 - 20:25
(Reuters) - A United States aircraft carrier strike group has begun patrols in the South China Sea, the U.S. navy said on Saturday, amid renewed tension over the disputed waterway.

Back on the campaign trail already, Trump touts promises kept

Top Reuters News - Sat, 02/18/2017 - 20:18
MELBOURNE, Fla. (Reuters) - President Donald Trump, after a rocky first month in office, returned to the campaign trail on Saturday to deliver another attack on the media and tout his White House accomplishments in the friendly and familiar atmosphere of a rally with supporters.

Biggest storm in five years thrashes Southern California

Top Reuters News - Sat, 02/18/2017 - 19:24
LOS ANGELES (Reuters) - Southern California cleaned up on Saturday after its biggest storm in years unleashed a wave of rain and snow that killed at least three people and triggered flooding, mudslides, high winds and power outages, officials said.

'Venezuela is not a democracy' Argentina's Macri tells Spanish media

Top Reuters News - Sat, 02/18/2017 - 17:12
BUENOS AIRES (Reuters) - Argentina's President Mauricio Macri used some of his harshest language yet against Venezuela's socialist government in comments to Spanish media published on Saturday ahead of his trip to Madrid.

Norma McCorvey, plaintiff in Roe v. Wade abortion ruling, dies at 69

Top Reuters News - Sat, 02/18/2017 - 16:38
(Reuters) - Norma McCorvey, the anonymous plaintiff known as Jane Roe in the U.S. Supreme Court's landmark Roe vs. Wade ruling legalizing abortion, died on Saturday at the age of 69, a journalist close to McCorvey said.

Washington PR offensive fails to quell Europe's anxiety over Trump

Top Reuters News - Sat, 02/18/2017 - 16:21
MUNICH (Reuters) - One month into the unusual presidency of Donald Trump, his most senior cabinet members were deployed to Brussels, Bonn and Munich this week to reassure nervous Europeans that everything would be okay.