WASHINGTON (Reuters) – Democrats took control of the U.S. Senate on Wednesday when Vice President Kamala Harris swore in three members to give the party a narrow grip on both houses of Congress as well as the White House for the first time in a decade. The first of President Joe Biden’s Cabinet nominees won Senate approval on Wednesday night: […]

WASHINGTON (Reuters) – U.S. President Joe Biden on Wednesday announced America’s return to the international Paris Agreement to fight climate change, the centerpiece of a raft of day-one executive orders aimed at restoring U.S. leadership in combating global warming.U.S. President Joe Biden swears in presidential appointees in a virtual ceremony in the State Dining Room of the White House in […]

(Reuters) – Here’s how world leaders are reacting to U.S. President Joe Biden’s inauguration on Wednesday, replacing Donald Trump.European Commission President Ursula Von Der Leyen addresses European lawmakers during the presentation of the programme of activities of the Portuguese Presidency on a plenary session at the European Parliament in Brussels, Belgium, January 20, 2021. Francisco Seco/Pool via REUTERSEUROPEAN COMMISSION PRESIDENT […]

FILE PHOTO: A home stands behind a real estate sign in a new development in York County, South Carolina, U.S., February 29, 2020. REUTERS/Lucas JacksonWASHINGTON (Reuters) – U.S. homebuilder confidence in the market for single family homes unexpectedly fell in January, pulled down by surging COVID-19 infections and more expensive lumber, though the housing market remains underpinned by record low […]

(Reuters) – Morgan Stanley boosted both its short and long-term operating targets on Wednesday after coronavirus-induced volatility in financial markets helped the Wall Street bank post a quarterly profit that sailed past estimates. The company also confirmed plans to buy back $10 billion of shares this year, more than three times the figures announced by its retail banking peers, as […]

LONDON (Reuters) – The historically eye-popping equity valuations emerging from the pandemic clearly unnerve company analysts – but the macro market take on pricey stock movements appears far more zen.FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in the Manhattan borough of New York City, New York, U.S., October 2, 2020. REUTERS/Carlo Allegri/File PhotoA […]

(Reuters) – Marge Hobley has waited four years for the day she could finally celebrate the end of Donald Trump’s chaotic presidency.FILE PHOTO: A view of the stage ahead of the 59th Presidential Inauguration on Capitol Hill in Washington, DC, U.S. January 19, 2021. Susan Walsh/Pool via REUTERSBut after the events of recent months – the coronavirus pandemic, Trump’s false […]

FILE PHOTO: A logo of Mercedes-Benz is seen outside a Mercedes-Benz car dealer, amid the coronavirus disease (COVID-19) outbreak in Brussels, Belgium May 28, 2020. REUTERS/Yves Herman(Reuters) – Daimler AG’s Mercedes-Benz on Wednesday unveiled the EQA, a new electric compact SUV as part of plans to take on rival Tesla Inc and offer more emission-free vehicles to consumers to meet […]

FILE PHOTO: Senate Majority Leader Mitch McConnell arrives for the Electoral College vote certification for President-elect Joe Biden, during a joint session of Congress at the U.S. Capitol in Washington, U.S., January 6, 2021. Kevin Dietsch/Pool via REUTERS/File PhotoWASHINGTON (Reuters) – U.S. Senate Majority Leader Mitch McConnell on Tuesday accused President Donald Trump, a fellow Republican, of provoking the Jan. […]