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Outgoing FCC head says Salt Typhoon hacking a clarion call to address security issues

By David Shepardson WASHINGTON (Reuters) -The outgoing head of the Federal Communications Commission said a massive Chinese-linked cyber-espionage operation against U.S. telecoms...

US awards Moderna $590 million for bird flu vaccine development

(Reuters) -The U.S. government has awarded Moderna (NASDAQ:MRNA) $590 million to advance the development of its bird flu vaccine, as the country doubles down on efforts to...

US Treasury to launch measures to avoid debt limit breach on Tuesday

By David Lawder and Ismail Shakil WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said that the government will reach its statutory borrowing limit on Tuesday and begin...

Biden protects 84% of IRA clean energy grants from being clawed back

By Timothy Gardner WASHINGTON (Reuters) - U.S. President Joe Biden's administration has protected about 84%, or $96.7 billion in clean energy grants created by its signature...

Explainer-What will happen to TikTok in US as Supreme Court upholds ban?

By Sheila Dang and Jaspreet Singh (Reuters) -The U.S. Supreme Court on Friday ruled against TikTok's bid to avoid a ban that could shut the app down in just two days and impact...

Federal Reserve withdraws from global regulatory climate change group

By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways...

IMF's board approves second review of Ethiopia's $3.4 billion program

WASHINGTON (Reuters) - The executive board of the International Monetary Fund on Friday approved the second review of Ethiopia's current financing program, the fund said, paving...

Digital Currency Group, former Genesis CEO to pay $38.5 million over SEC charges

(Reuters) -The U.S. Securities and Exchange Commission on Friday said Digital Currency Group Inc. and the CEO of its now-defunct subsidiary Genesis Global Capital LLC have agreed...

CBO sees US 2025 deficit flat at $1.9 trln before any Trump tax changes

By David Lawder WASHINGTON (Reuters) - The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with last year and...

Brazil's Haddad says high interest rates will curb inflation

By Marcela Ayres BRASILIA (Reuters) -Brazil's Finance Minister Fernando Haddad said on Friday that high interest rates are poised to have a much stronger effect on inflation than...

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