Today's Top News Story

Yellen says Fed rate hike likely appropriate in coming months

CAMBRIDGE, Mass. (Reuters) - The Federal Reserve should raise interest rates "in the coming months" if the economy picks up as expected and jobs continue to be generated, U.S. central bank chief Janet Yellen said on Friday, bolstering the case for a rate increase in June or July. Read More

 

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U.S. economic growth revised higher in first quarter

WASHINGTON (Reuters) - U.S. economic growth slowed in the first quarter although not as sharply as initially thought, as a surge in home building and steady inventory accumulation partially offset the drag from a steep decline in business investment. More »

 

Trump rules out presidential debate with Sanders

FRESNO, Calif. (Reuters) - U.S. Republican presidential candidate Donald Trump on Friday ruled out a one-on-one debate with second-place Democratic hopeful Bernie Sanders, killing off a potentially high-ratings television spectacle. More »

 

Putin says Romania, Poland may now be in Russia's cross-hairs

ATHENS (Reuters) - Russian President Vladimir Putin on Friday warned Romania and Poland they could find themselves in the sights of Russian rockets because they are hosting elements of a U.S. missile shield that Moscow considers a threat to its security. More »

 

Obama mourns dead in Hiroshima, calls for world without nuclear arms

HIROSHIMA, Japan (Reuters) - Barack Obama on Friday became the first incumbent U.S. president to visit Hiroshima, site of the world's first atomic bombing, in a gesture Tokyo and Washington hope will showcase their alliance and reinvigorate efforts to rid the world of nuclear arms. More »

 

Bathroom lawsuit could send transgender rights to Supreme Court

(Reuters) - A lawsuit brought by Texas and other states against the Obama administration's policy on bathroom access may move the United States closer to a resolution on transgender rights by putting the issue on a trajectory for the Supreme Court. More »

 

Islamic State commander in Falluja killed, U.S. military says

WASHINGTON/BAGHDAD (Reuters) - U.S.-led coalition strikes supporting Iraqi forces in the recapture of Falluja have killed 70 Islamic State militants including the group's commander in the city, a U.S military spokesman said on Friday. More »

 

Islamic State advance near Turkish border, civilians trapped

BEIRUT (Reuters) - Islamic State fighters captured territory from Syrian rebels near the Turkish border on Friday and inched closer to a town on a supply route for foreign-backed insurgents fighting the jihadists, a monitoring group said. More »

 

No new signal from EgyptAir jet since day of crash, search intensifies

CAIRO/PARIS (Reuters) - No new radio signal has been received from an EgyptAir jet since the day it crashed in the Mediterranean last week, sources close to the investigation said on Friday. More »

 

Monsanto boss could net $70 million from a Bayer takeover

LONDON (Reuters) - Monsanto boss Hugh Grant could land more than $70 million if the world's largest seed company is taken over by German chemicals giant Bayer AG . More »

 

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