kslmadmin

By Jacob Bogage WASHINGTON, Sept 2 (Reuters) – Donald Trump returned to the White House promising to get the United States’ financial house in order by slashing the scope of the federal government, ending costly “forever wars” and spurring economic growth to tame spiraling deficits. Instead, the national debt has surged past $40 trillion in the first 19 months of his second term. Federal spending has grown, not shrunk. The […]

By Cassell Bryan-Low, Joey Roulette and Eduardo Baptista Sept 2 (Reuters) – In June, a secretive unmanned Chinese spaceplane closely monitored by U.S. military analysts released a small satellite hundreds of miles above Earth in an orbital region crowded with commercial and military satellites. The object then looped around another Chinese satellite before returning towards the spaceplane, according to U.S. space-tracking firm LeoLabs. Little is known about the satellite or the […]

By Lewis Krauskopf NEW YORK, Sept 2 (Reuters) – U.S. stock investors are warily watching the rise in Treasury yields as a stumbling block for Wall Street’s record-setting rally, with particular trouble seen if the benchmark 10-year yield jumps abruptly toward 5%. Higher bond yields pose a number of obstacles for stock performance. These obstacles include stiffer investment competition and pressure on equity valuations, as well as higher borrowing costs, […]

Sept 2 (Reuters) – There is a high chance that dozens of workers may be found alive after a week trapped in an underground chamber at Nepal’s Rasuwagadhi hydropower plant following deadly flash floods, a Nepal Electricity Authority official said on Wednesday. “In Rasuwagadhi, we think 46 people are trapped in a room-like structure in the tunnel,” Amhsu Kiran Shahi, a board member of the Nepal Electricity Authority, told Reuters. […]

BUNIA, Congo (AP) — Congo’s Ebola outbreak has killed more than 3,000 people out of over 6,100 confirmed cases, the latest government data showed Wednesday, as the disease is spreading at an unprecedented speed, faster than efforts to track and slow it. Data from Congo’s Ministry of Health showed the outbreak has recorded 6,186 confirmed cases, including 3,007 deaths since it was declared in mid-May. It remains the fastest-growing outbreak […]

BERLIN (AP) — Police completely closed the train station in the southern German city of Augsburg on Wednesday morning after one object exploded and another suspicious object was found nearby. Trains were no longer running. The first unidentified object exploded in a building passageway, officials said. Several people sustained minor injuries due to the loud sound of the explosion. Some windows were also damaged. Explosives experts from the Bavarian state […]

FRANKFURT, Sept 2 (Reuters) – U.S. tech giants are flooding the euro zone bond market to fund huge AI investments, potentially crowding out other borrowers, pushing up financing costs even for governments and raising credit risks, according to a European Central Bank blog post. Tech firms such as Google, Amazon and Microsoft, often referred to as hyperscalers, could spend as much as $1 trillion on AI-related investments by 2028, credit […]

Sept 2 (Reuters) – Wall Street futures dipped on Wednesday as bond yields and oil prices marched higher following U.S.-Iran clashes in the Middle East, offering little incentive to buy equities during what has typically been a weak month for returns. The latest strikes have pushed geopolitical tensions front and center, ending the uneasy calm of the past few weeks and reviving inflation concerns. “If hostilities are going to increase, […]

By Field Level Media Sep 02 (Field Level Media) – Yohandy Morales singled, doubled and homered in his major league debut, Jared Simpson pitched three scoreless innings for the win in his big-league debut, and the Washington Nationals beat the visiting Atlanta Braves 9-5 on Tuesday. CJ Abrams, back in the Washington lineup after getting scratched Monday night due to back soreness, had two hits and drove in two runs. […]