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USTR Greer, Treasury’s Bessent heading to Malaysia for talks with Chinese counterparts

WASHINGTON (Reuters) -U.S. Trade Representative Jamieson Greer said he and Treasury Secretary Scott Bessent will head to Malaysia on Wednesday to meet with Chinese officials about what he called “incredibly aggressive” measures by Beijing to curb exports of rare earth minerals. Bessent told CNBC’s “Squawk ...
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Poll: Voters trust local governments more than feds to address crime, other issues

(The Center Square) – A majority of Americans say the federal government should not decide policing and crime policy in their communities, according to a new poll. The Center ...
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European luxury groups hedge bets on predicting China comeback

By Mimosa Spencer, Tassilo Hummel and Dominique Patton PARIS (Reuters) -Europe’s luxury companies from LVMH to Hermes and L’Oreal are tentatively pointing to signs of a revival in China, but are also cautious about calling the turn on one of their biggest markets after a ...
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Person arrested after driving into barricade near White House: Secret Service

(WASHINGTON) -- A person has been arrested after driving his car into a security gate near the White House on Tuesday night, the U.S. Secret Service said.It happened at about 10:37 p.m. at a security gate at 17th and E streets southwest of the ...
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Mom arrested after leaving newborn at Manhattan subway station: Police

(NEW YORK) -- The mother of a newborn baby found abandoned at a Midtown Manhattan subway station has been arrested, police said.Assa Diawara, 30, was arrested early Wednesday in Queens on charges of abandonment of a child and endangering the welfare of a child, ...
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The Latest: Hegseth changes policy on how Pentagon officials communicate with Congress

Leaders at the Pentagon have significantly altered how military officials will speak with Congress after a pair of new memos issued last week. In an Oct. 15 memo, Defense Secretary Pete Hegseth and his deputy, Steve Feinberg, ordered Pentagon officials — including the chairman of ...
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Mother of baby abandoned at Penn Station subway stop charged with endangering child

NEW YORK (AP) — The mother of a newborn girl who was abandoned at a busy midtown Manhattan subway station with her umbilical cord still attached was arrested early Wednesday, city police said. The 30-year-old Queens woman was taken into custody shortly before 3 a.m. ...
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UN chief defends science and weather forecasting as Trump threatens both

GENEVA (AP) — The United Nations chief delivered a strong defense of science and meteorology on Wednesday, praising the U.N. weather agency for helping save lives by keeping watch for climate disasters around the world. Secretary-General Antonio Guterres spoke to the World Meteorological Organization as ...
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Netflix earnings miss sets Wall Street for muted open

By Pranav Kashyap and Twesha Dikshit (Reuters) -Wall Street looked set for a subdued open on Wednesday, with Netflix’s disappointing results pressuring market sentiment as investors tiptoe through a high-stakes earnings season. Shares of Netflix dropped 7.2% in premarket trading on Wednesday after the streaming ...
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Beyond Meat shares soar as surging retail interest sparks ‘meme stock’ euphoria

By Johann M Cherian, Shashwat Chauhan and Juveria Tabassum (Reuters) -Beyond Meat’s highly shorted shares jumped about 130% in premarket trading on Wednesday, fueled by a fresh wave of buying among retail traders who have sparked meme stock frenzies on Wall Street in recent years. The ...
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US Fed floats plan with smaller capital hikes for big banks, Bloomberg News reports

(Reuters) -The Federal Reserve has shown other U.S. regulators the outlines of a revised plan that would dramatically relax a Biden-era bank capital proposal for Wall Street’s largest lenders, Bloomberg News reported on Wednesday. Some officials have calculated that the terms of the Fed’s plan ...
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US banks’ surge in loans to private creditors may pose risks, Moody’s says

(Reuters) -U.S. banks’ loans to private credit providers have surged to nearly $300 billion, Moody’s said in a report on Tuesday, and the ratings agency warned that smaller lenders could face heightened risks if underwriting standards weaken. Loans to non-depository financial institutions (NDFIs) are now ...
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