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Updated: 4 hours 12 min ago

In nod to 2020, Trump pitches U.S. immigration overhaul

Thu, 05/16/2019 - 8:07pm
President Donald Trump on Thursday proposed overhauling the U.S. immigration system to favor young, educated, English-speaking applicants instead of people with family ties to Americans, a plan he will push in his 2020 re-election campaign but has little to no chance of being approved in Congress.

U.S. Speaker Pelosi opens door to more funds for border migrant crisis

Thu, 05/16/2019 - 8:07pm
U.S. House Speaker Nancy Pelosi on Thursday opened the door to President Donald Trump's proposal for emergency funds to address a migrant surge at the southern U.S. border, saying some money to alleviate the humanitarian crisis could be included in pending disaster relief legislation.

U.S. recession risk rises as U.S.-China trade tensions heat up: Reuters poll

Thu, 05/16/2019 - 7:47pm
Over the last month the U.S.-China trade war has boosted the risk of a U.S. recession, say a strong majority of economists polled by Reuters, who now put the chances of that happening in the next two years at 40%.

U.S. federal agents arrest protesters occupying Venezuelan Embassy

Thu, 05/16/2019 - 7:25pm
U.S. law enforcement officers raided the Venezuelan Embassy on Thursday to oust a small group protesting U.S. policy toward the oil-rich country, paving the way for the diplomatic compound to be handed to the U.S. envoy of opposition leader Juan Guaido.

Trump tells aides he does not want U.S. war with Iran

Thu, 05/16/2019 - 7:02pm
U.S. President Donald Trump has told his top advisers he does not want to get the United States involved in a war with Iran, three U.S. officials said on Thursday.

Trump told U.S. defense chief: no war with Iran: N.Y. Times

Thu, 05/16/2019 - 7:02pm
U.S. President Donald Trump has told his acting defense secretary, Patrick Shanahan, he does not want to go to war with Iran, the New York Times reported on Thursday, citing unidentified administration officials.

U.S. Congress to get classified Iran briefings next week: sources

Thu, 05/16/2019 - 7:02pm
Officials from U.S. President Donald Trump's administration will conduct classified briefings on the situation with Iran next week, congressional sources said on Thursday, after both Democratic and Republican lawmakers asked for more information.

Trump took out 30-year loan on $18.5 million home in 2018

Thu, 05/16/2019 - 6:20pm
U.S. President Donald Trump took out a new 30-year mortgage on a sprawling oceanfront house steps from his own Mar-a-Lago estate in Florida, and it is sitting empty on the rental market, according to financial disclosures made public on Thursday by the Office of Government Ethics.

Musk to review all of Tesla's expenses in new cost cutting plan

Thu, 05/16/2019 - 6:09pm
Tesla Inc Chief Executive Officer Elon Musk told employees on Thursday that he will increase scrutiny of the company's expenses in his latest initiative to cut costs at the electric car maker.

Wall St. rises for third straight day on data, earnings

Thu, 05/16/2019 - 5:13pm
Wall Street closed higher on Thursday as upbeat earnings and strong economic data put investors in a buying mood, with technology companies leading the charge.

Chelsea Manning to ask court to quash new grand jury subpoena

Thu, 05/16/2019 - 10:58am
Former U.S. Army soldier Chelsea Manning, facing a fresh grand jury subpoena to testify about her contacts with WikiLeaks, will ask a federal court on Thursday to quash the subpoena, a spokesman for her legal team said.

Five U.S. states sue Purdue Pharma over marketing, selling of opioids

Thu, 05/16/2019 - 10:42am
Five U.S. states on Thursday filed lawsuits accusing Purdue Pharma LP of illegally marketing and selling opioids, including OxyContin, contributing to a nationwide epidemic.

Britain's May to agree departure after latest Brexit deal bid

Thu, 05/16/2019 - 10:41am
British Prime Minister Theresa May will set out a timetable for her departure in early June after the latest attempt to get her Brexit deal approved by parliament, the chairman of a powerful Conservative Committee said on Thursday.

Brexit campaigner Boris Johnson to stand as next UK Conservative leader

Thu, 05/16/2019 - 10:41am
Boris Johnson, the face of the campaign for Britain to leave the European Union, said on Thursday he will be standing as a candidate to replace Prime Minister Theresa May as Conservative leader.

China formally arrests two Canadians on state secrets charges

Thu, 05/16/2019 - 10:39am
Chinese authorities have formally arrested on state secrets charges two Canadians detained last year, the government said on Thursday, drawing condemnation from Canada in a case that is likely to further increase tension between Ottawa and Beijing.

Merkel dismisses speculation she could move to big EU job

Thu, 05/16/2019 - 10:34am
Germany's Angela Merkel reaffirmed on Thursday that she would leave politics after serving out her fourth term as chancellor, dismissing speculation that she could take a big European Union job in Brussels.

Stocks, U.S. yields rise after strong economic data

Thu, 05/16/2019 - 10:29am
World stock markets and U.S. benchmark bond yields gained on Thursday following strong economic data as investors assessed the latest developments in global trade relations.

Wall St. gains on earnings boost, strong economic data

Thu, 05/16/2019 - 10:29am
U.S. stock indexes rose 1 percent on Monday and were on pace to extend a two-day winning streak, lifted by better-than-expected earnings from Cisco and Walmart, and robust economic data that underscored the strength of the domestic economy.

New York Mayor de Blasio becomes 24th Democrat in crowded 2020 White House field

Thu, 05/16/2019 - 10:26am
New York City Mayor Bill de Blasio entered the crowded 2020 presidential race on Thursday, arguing that his record of progressive accomplishments in the country's biggest city positioned him as the perfect foil to President Donald Trump.

EU fines Barclays, Citi, JP Morgan, MUFG and RBS $1.2 billion for FX rigging

Thu, 05/16/2019 - 9:28am
Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland were fined a combined 1.07 billion euros ($1.2 billion) by the European Union on Thursday for rigging the multi-trillion dollar foreign exchange market.