Republicans move on tax reform, Fed officials warn danger ahead
WASHINGTON (Reuters) – Congressional Republicans moved to hasten an overhaul of the U.S. tax code on Thursday, while Federal Reserve officials warned in rare public remarks that President Donald Trump’s tax plan could lead to inflation and unsustainabl…
White House says Puerto Rico debt to be dealt with via oversight board
WASHINGTON (Reuters) – The White House said on Thursday that Puerto Rico’s debt will be dealt with under a process set up under former President Barack Obama.
Congressional Republicans eye ‘bump stocks’ after Las Vegas massacre
LAS VEGAS (Reuters) – Republican lawmakers on Thursday said they would look into “bump stock” gun accessories after a retiree used rifles equipped with them to rain gunfire onto a Las Vegas concert, killing 58 people in the deadliest mass shooting in m…
U.S. probing collision between civilian drone, Army helicopter
WASHINGTON (Reuters) – The National Transportation Safety Board is investigating the Sept. 21 collision of a civilian drone and a U.S. Army UH-60 Black Hawk helicopter near Staten Island, New York, as concerns mount over the rising number of unmanned a…
Russian hackers get U.S. cyber defense details from NSA: WSJ
WASHINGTON (Reuters) – Russian government-backed hackers in 2015 stole U.S. secrets on how to penetrate foreign computer networks and protect against cyberattacks after a National Security Agency contractor put highly classified information on his home…
Challengers urge Supreme Court to rule on Trump travel ban
WASHINGTON (Reuters) – Challengers to President Donald Trump’s travel ban targeting several Muslim-majority countries on Thursday urged the U.S. Supreme Court to decide the policy’s legality even though it has been replaced with a revised plan, while h…
Republicans seek to hasten tax reform with budget action
WASHINGTON (Reuters) – The Republican-controlled U.S. Congress moved to hasten its overhaul of the U.S. tax code on Thursday by moving closer to agreement on a budget resolution, a procedural step that would help advance eventual tax legislation.
Extended Jones Act waiver not needed for Puerto Rico: DHS
WASHINGTON (Reuters) – The Department of Homeland Security said on Thursday it believes that extending its 10-day waiver on shipping limitations to Puerto Rico is not needed to support relief efforts for the hurricane-ravaged island.
New York-area hedge fund manager charged with Ponzi fraud
NEW YORK (Reuters) – A suburban New York hedge fund manager who once worked at Morgan Stanley and was accused of losing or spending all but about $27,000 of the $21.8 million he told investors he had was criminally charged on Thursday with running a P…
Las Vegas shooting probe focuses on gunman’s history, weapons
LAS VEGAS (Reuters) – The Las Vegas gunman who killed 58 people and himself in the deadliest mass shooting in modern U.S. history stockpiled weapons and ammunition over decades, and meticulously planned the attack, authorities believe.
