Fed set to raise interest rates, give more detail on balance sheet wind-down

WASHINGTON (Reuters) – The U.S. Federal Reserve is widely expected to raise its benchmark interest rate this week due to a tightening labor market and may also provide more detail on its plans to shrink the mammoth bond portfolio it…

U.S. student, said to be in coma, released by North Korea

WASHINGTON (Reuters) – Otto Warmbier, a U.S. university student held captive in North Korea for 17 months, has been released, but a former U.S. official said on Tuesday he is in a coma and in urgent need of medical care….

Under pressure to soften Brexit, PM May to meet Northern Irish 'kingmakers'

LONDON (Reuters) – Prime Minister Theresa May will seek to strike a deal with a Northern Irish Protestant party to save her premiership on Tuesday as she comes under intense pressure to soften her approach to Brexit days before formal…

Warriors ride Durant to beat Cavaliers and clinch NBA title

OAKLAND, Calif. (Reuters) – The Golden State Warriors secured their second NBA championship in three seasons with a 129-120 Game Five win over the Cleveland Cavaliers on Monday, capping a near-perfect run through the playoffs. Source: Top News

Philippines army struggles as city siege enters fourth week

MARAWI CITY, Philippines (Reuters) – Fighting in Marawi City in the southern Philippines entered its fourth week on Tuesday with military officials conceding that troops were struggling to loosen the grip of Islamist fighters on downtown precincts despite relentless bombing….

U.S. calls on Arab states to ease Qatar blockade as crisis deepens

WASHINGTON/DOHA (Reuters) – The United States on Friday called on Arab states to ease their blockade on Qatar and demanded all sides move to calm tensions that intensified with a Turkish offer to send troops, warships and planes to aid…

Election debacle leaves UK government in a minority on eve of Brexit talks

LONDON (Reuters) – British Prime Minister Theresa May said she would lead a minority government backed by a small Northern Irish party after she lost an election gamble days before the start of talks on Britain’s departure from the European…

Exclusive: Nordstrom family launches search for buyout partner – sources

(Reuters) – A group of Nordstrom Inc family members is talking to buyout firms about raising $1 billion to $2 billion in equity to fund a potential bid to take the U.S. department store operator private, according to people familiar…

U.S., Mexico reach sugar pact without backing from U.S. producers

WASHINGTON/NEW YORK (Reuters) – Mexico agreed to significant concessions on Tuesday to maintain its access to the lucrative U.S. sugar market, but U.S. sugar producers refused to endorse the deal between the governments, raising the risk that it could collapse….

Suspect in Oregon train stabbings indicted for murder

PORTLAND, Ore. (Reuters) – An Oregon grand jury on Tuesday returned a 15-count indictment against an ex-convict accused of harassing two African-American girls, one wearing a Muslim head scarf, then stabbing three men who intervened, killing two of them, aboard…