By Alexandra Ulmer, Marisa Taylor, Jeffrey Dastin and Alexandra Alper (Reuters) -Trump administration officials have told some U.S. government employees that Elon Musk’s DOGE team of technologists is using artificial intelligence to surveil at least one federal agency’s communications for hostility to President Donald Trump and his agenda, said two people with knowledge of the…
LONDON (Reuters) – A stock market rout, historic in scale, has swept across the globe wiping more than $10 trillion off major markets, as concerns about the economic damage unleashed by U.S. President Donald Trump’s tariffs spiral. No corner of the world has been left unscathed by selling, with moves of a magnitude last seen…
OTTAWA (Reuters) – The probability of a U.S. recession has risen significantly thanks to President Donald Trump’s tariffs and that will have a major negative effect on the Canadian economy, Prime Minister Mark Carney said on Monday. Carney also told a televised news conference he had spoken to Bank of Canada Governor Tiff Macklem and…
By Daina Beth Solomon and Fabian Cambero SANTIAGO (Reuters) – Chile’s total lithium resources are 28% greater than previously estimated, according to new studies of salt flats in the northern Antofagasta region that show a higher amount of the battery metal, state mining body ENAMI said on Monday. A new analysis shows that the La…
WASHINGTON (Reuters) – U.S. Trade Representative Jamieson Greer will tell the Senate Finance Committee on Tuesday that nearly 50 countries have approached him to discuss new sweeping tariffs imposed by President Donald Trump. “Several of these countries, such as Argentina, Vietnam, and Israel, have suggested they will reduce their tariffs and non-tariff barriers,” Greer said…
WASHINGTON (Reuters) – Layoffs announced by U.S. employers surged in March to the highest level since the pandemic recession as the government purged federal workers and contractors to slash spending. Global outplacement firm Challenger, Gray & Christmas said on Thursday that planned job cuts increased 60% to 275,240 last month, the highest level since May…
WASHINGTON (Reuters) -U.S. President Donald Trump fired General Timothy Haugh as director of the National Security Agency on Thursday, according to two officials familiar with the decision, and congressional Democrats denounced the removal of the nonpartisan official from a top security post. Haugh, an Air Force general who is also head of U.S. Cyber Command,…
By Jonathan Stempel (Reuters) -A U.S. judge said several companies including Walmart, Beech-Nut and Gerber must face a nationwide lawsuit claiming that toxic heavy metals contaminated their baby food, causing brain and neurodevelopmental damage to children who ate it. In a decision on Wednesday, U.S. District Judge Jacqueline Scott Corley said parents can try to…
(Reuters) – The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20% from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession. Trump…
MOSCOW (Reuters) – Russia has opened a criminal case against the 69-year-old father of Leonid Volkov, a former aide to late opposition leader Alexei Navalny, state news agency TASS reported on Thursday. TASS quoted a security source as saying that Mikhail Volkov, a renowned mathematics professor, was suspected of transferring money to Navalny’s Anti-Corruption Foundation,…
