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U.S. consumer spending strengthening in boost to economy

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WASHINGTON (Reuters) – U.S. consumer spending gathered momentum in November as households bought furniture, electronics and a range of other goods, which could further allay fears of a significant slowdown in the American economy even as the outlook overseas continued to darken. FILE PHOTO: Durable goods are seen on sale in a store in Los Read More

U.S. core retail sales accelerate in November

2 hours ago DieselGasoil Comments Off on U.S. core retail sales accelerate in November
WASHINGTON (Reuters) – U.S. consumer spending gathered momentum in November as households bought furniture, electronics and a range of other goods, which could further allay fears of a significant slowdown in the economy. FILE PHOTO: Durable goods are seen on sale in a store in Los Angeles, California, U.S., March 24, 2017. REUTERS/Lucy Nicholson The Read More

Pentagon corrects $331mn ‘accounting error,’ bills Saudis & UAE for refueling jets bombing Yemen

12 hours ago DieselGasoil Comments Off on Pentagon corrects $331mn ‘accounting error,’ bills Saudis & UAE for refueling jets bombing Yemen
The Pentagon is clawing back hundreds of millions of taxpayer-subsidized dollars it gifted to Saudi Arabia and the UAE over a three-year period, when it ‘accidentally’ refueled their aircraft for free during their war on Yemen. US Central Command is “in the process of seeking reimbursement from” the two countries for $331 million in fuel Read More

Russian spy admits conspiracy to infiltrate US gun lobby

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A woman accused of being a spy for Russia has pleaded guilty to a conspiracy charge in the US. Maria Butina’s plea comes as part of a deal reached with prosecutors after she indicated her willingness to co-operate with them. The 30-year-old previously denied trying to infiltrate the National Rifle Association and relaying intelligence on Read More

Maria Butina pleads guilty to US charge of conspiring to act as foreign agent

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Maria Butina, the Russian woman arrested in July and accused of acting as a foreign agent within the United States has pleaded guilty to one count of conspiracy. Butina was accused of acting as a Russian agent to infiltrate the National Rifle Association (NRA) lobby group which is closely linked to Republican politicians close to Read More

Maria Butina pleads guilty to US charges of conspiring to act as foreign agent

1 day ago DieselGasoil Comments Off on Maria Butina pleads guilty to US charges of conspiring to act as foreign agent
Maria Butina, the Russian woman arrested and accused of acting as a foreign agent within the United States has pleaded guilty to her charges. Butina was accused of acting as a Russian agent to infiltrate the National Rifle Association (NRA) lobby group which is closely linked to Republican politicians close to US President Donald Trump Read More

U.S. labor market tightening; inflation pressures muted

1 day ago DieselGasoil Comments Off on U.S. labor market tightening; inflation pressures muted
WASHINGTON (Reuters) – The number of Americans filing applications for jobless benefits tumbled to near a 49-year low last week, which could ease concerns about a slowdown in the labor market and economy. A container ship is shown at port in Long Beach, California, U.S. July 16, 2018. REUTERS/Mike Blake Other data on Thursday showed Read More

A higher Social Security retirement age comes with risks for many workers

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CHICAGO (Reuters) – Is it time to raise the Social Security retirement age? The idea crops up often as a partial fix for the long-term financial challenges facing the program. FILE PHOTO: An elderly couple looks out at the ocean as they sit on a park bench in La Jolla, California November 13, 2013. REUTERS/Mike Read More

More Americans view climate change as 'imminent' threat: Reuters/Ipsos Poll

1 day ago DieselGasoil Comments Off on More Americans view climate change as 'imminent' threat: Reuters/Ipsos Poll
NEW YORK (Reuters) – A growing percentage of Americans see climate change as an “imminent” threat driven mainly by human activity, and more than two-thirds want Washington to work with other nations to combat it, according to a Reuters/Ipsos poll released on Thursday. FILE PHOTO: Vapor is released into the sky at a Refinery in Read More