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Updated: 1 hour 21 min ago

U.S. judge orders accused Russian agent jailed pending trial

Wed, 07/18/2018 - 4:14pm
A judge on Wednesday ordered an accused Russian agent jailed until her trial after U.S. prosecutors argued she has ties to Russian intelligence and could flee the United States.

U.S. tariffs may raise cost of insurance, parts, drive up auto thefts

Wed, 07/18/2018 - 4:08pm
A threat by the U.S. government to impose tariffs of up to 25 percent on imported auto parts could hit consumers in unexpected ways: higher repair costs, insurance premiums and even the theft of more cars for their parts, the industry said.

AmEx rewards program costs cloud strong quarterly results

Wed, 07/18/2018 - 3:53pm
American Express Co reported a steep rise in quarterly expenses as the credit card issuer spent more to fund its rewards program, overshadowing its profit beat and sending its shares down 3.5 percent in extended trading.

States sue U.S. over policy tying funds to immigration compliance

Wed, 07/18/2018 - 3:49pm
New York and five other states filed a lawsuit on Wednesday seeking to block the Trump administration from making cooperation with federal immigration authorities a condition for receiving millions of dollars in federal funding for law enforcement.

Fed report shows tariff concerns rising among business contacts

Wed, 07/18/2018 - 3:46pm
Manufacturers in every one of the Federal Reserve's 12 districts worried about the impact of tariffs, a Federal Reserve report said on Wednesday, even as the U.S. economy continued to expand at a moderate to modest pace.

Factbox: Tariffs remain top worry in Federal Reserve's 'Beige Book' business survey

Wed, 07/18/2018 - 3:45pm
Tariffs featured heavily in the Federal Reserve's latest "Beige Book," a summary of the state of U.S. business across the central bank's 12 regional districts, with respondents describing the trade spat as creating effects such as "panic buying" and a "rush to purchase metals."

World stocks climb to month peak, U.S. dollar hits three-week high

Wed, 07/18/2018 - 3:44pm
Stocks on major world markets climbed to a one-month high on Wednesday after a raft of strong corporate earnings, while the U.S. dollar hit a three-week high against major currencies.

Europe hits Google with record $5 billion antitrust fine, appeal ahead

Wed, 07/18/2018 - 3:35pm
European antitrust regulators fined Google a record 4.34 billion euro ($5 billion) on Wednesday and ordered it to stop using its popular Android mobile operating system to block rivals, a ruling which the U.S. tech company said it would appeal.

Nearly half of Americans link defense of NATO to allies' spending: Reuters/Ipsos poll

Wed, 07/18/2018 - 3:06pm
Nearly half of Americans believe that the United States should not be required to defend NATO allies from attack if they do not spend more on defense, according to a Reuters/Ipsos poll conducted after U.S. President Donald Trump's trip to Europe.

Trump says EU officials want to negotiate trade deal in Washington visit

Wed, 07/18/2018 - 2:40pm
U.S. President Donald Trump said on Wednesday that European leaders were coming to Washington next week to try to hammer out a deal focused largely on car tariffs, while his top economic adviser accused Chinese President Xi Jinping of holding up a U.S.-China trade deal.

U.S. judge orders accused Russian agent Butina jailed

Wed, 07/18/2018 - 2:34pm
A U.S. judge ordered accused Russian agent Maria Butina jailed on Wednesday pending trial after federal prosecutors warned that she has ties to Russian intelligence and was a flight risk.

White House denies Trump said Russia no longer targeting U.S.

Wed, 07/18/2018 - 2:25pm
The White House denied that U.S. President Donald Trump said on Wednesday that Russia was no longer targeting the United States, saying his answer "no" was about taking questions not about potential interference in U.S. elections.

Amazon.com's stock market value hits $900 billion, threatens Apple

Wed, 07/18/2018 - 2:22pm
Amazon.com's stock market value reached $900 billion on Wednesday for the first time, marking a major milestone in its 21-year trajectory as a publicly listed company and threatening to dislodge Apple as Wall Street's most valuable jewel.

'It was magical': Thai boys relive their discovery in cave ordeal

Wed, 07/18/2018 - 1:54pm
"Fight on, don't despair": the 12 boys and their soccer coach rescued from a flooded Thai cave complex described on Wednesday how they survived on nothing but dripping water, and even tried to dig their way out.

Thailand's cave boys leave hospital for first public appearance

Wed, 07/18/2018 - 1:54pm
The 12 Thai boys and their soccer coach rescued from a flooded cave left a hospital in the northern province of Chiang Rai on Wednesday for a news conference to be broadcast on national television, a Reuters witness said.

Turkish court keeps U.S. pastor in jail, Washington says deeply concerned

Wed, 07/18/2018 - 1:53pm
A Turkish court decided on Wednesday to keep an American pastor in jail, dashing hopes that he could be released during his trial on terrorism and spying charges, a case that has deepened a rift with NATO ally Washington.

Tesla's Musk apologizes for comments on British caver

Wed, 07/18/2018 - 4:02am
Tesla Inc founder Elon Musk apologized to British caver Vern Unsworth for insulting comments he made about him following the rescue of a dozen Thai schoolboys and their football coach from a cave in northern Thailand.

Thailand to televise first public appearance of rescued cave boys on Wednesday

Wed, 07/18/2018 - 3:49am
The 12 boys and their soccer coach rescued from a flooded cave in Thailand are set to make their first public appearance on Wednesday, at a nationally-broadcast news conference in the northern province of Chiang Rai.

China says U.S.-led trade war has become biggest 'confidence killer' for world economy

Wed, 07/18/2018 - 3:34am
The U.S.-driven trade war has become the biggest "confidence killer" for the global economy, China's foreign ministry warned on Wednesday, saying the whole world would fight back if the United States continued to be "wilful".

Dollar's advance puts squeeze on gold, Brexit blues sink sterling

Wed, 07/18/2018 - 3:30am
The world's major stock markets were mostly firmer on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted bond yields and sent safe-haven gold to a one-year trough.

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