Police fire teargas to break up massive protests demanding Puerto Rico governor resign

SAN JUAN (Reuters) – Police in San Juan fired tear gas on Monday night to disperse thousands of protesters demanding Puerto Rico’s governor resign over offensive chat messages, the latest scandal to hit a bankrupt island struggling to recover from 2017 hurricanes. Police moved in at around 11 p.m. to break up protesters still on the streets of San Juan’s […]

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U.S. Congress, White House near deal on spending, debt limit: source

WASHINGTON (Reuters) – U.S. congressional and White House negotiators are close to a deal to extend the Treasury Department’s borrowing authority until July 31, 2021 and establish spending caps on a range of federal programs, a source close to the talks said on Monday. Details were still being worked out, according to the source, who said negotiators were aiming to […]

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Wall Street gains as earnings season gathers steam

(Reuters) – U.S. stocks rose on Monday, lifted by technology companies, as investors eyed fresh U.S.-China trade developments during a busy week of corporate earnings with results from marquee names including Facebook and Amazon on tap. Second-quarter earnings started off on a dour note last week as results from major banks raised concerns about profit growth in a low interest […]

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House votes to set aside impeachment resolution against Trump

WASHINGTON (Reuters) – The U.S. House of Representatives voted Wednesday to sideline an impeachment resolution against President Donald Trump, effectively killing the measure for now but not burying the issue that has divided Democrats. The resolution’s sponsor, Democratic Representative Al Green, was seeking to capitalize on growing criticism of Trump after the president’s recent attacks on minority congresswomen. The House […]

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Pelosi says she would like to have U.S. debt limit proposal on House floor by July 25

WASHINGTON (Reuters) – U.S. House of Representatives Speaker Nancy Pelosi said on Wednesday she would like to have a proposal on raising the U.S. debt ceiling on the House floor by July 25. For that to happen, there needs to be an agreement on the debt limit with the administration by Friday, Pelosi told reporters. U.S. borrowing authority could be […]

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