Today's Top News Story

Trump tries to calm political storm over Putin summit, says he misspoke

WASHINGTON (Reuters) - U.S. President Donald Trump tried on Tuesday to calm a storm over his failure to hold Russian President Vladimir Putin accountable for meddling in the 2016 U.S. election, saying he misspoke in a joint news conference in Helsinki. Read More

 

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Exclusive: Trump's defense chief open to first talks with Russian counterpart - sources

WASHINGTON (Reuters) - U.S. Defense Secretary Jim Mattis is open to the possibility of the first talks since 2015 between the defense chiefs of the United States and Russia, a move that would deepen communication between Washington and Moscow, U.S. officials said. More »

 

States sue U.S. to void state and local tax deduction cap

NEW YORK (Reuters) - Four U.S. states sued the federal government on Tuesday to void the new $10,000 cap on federal deductions for state and local taxes included in President Donald Trump's 2017 tax overhaul. More »

 

U.S. grand jury indicts woman on charges of being Russian agent

WASHINGTON (Reuters) - A U.S. grand jury on Tuesday indicted a Russian woman on charges of acting as an agent of the Russian government, the Justice Department said. More »

 

Judge denies motion by Trump ex-campaign chief to move Virginia trial

WASHINGTON (Reuters) - A federal judge in Virginia on Tuesday denied a motion by former Trump campaign manager Paul Manafort to move a trial set to start next week from the Washington suburb of Alexandria to the city of Roanoke, Virginia. More »

 

Myanmar police focused interrogation on Rohingya story: Reuters journalist

YANGON (Reuters) - A Reuters reporter on trial in Myanmar said the police questioning after he and a colleague were arrested in December centered on their reporting of a massacre of Rohingya Muslims, not on secret state documents they are accused of obtaining. More »

 

Fed's Powell: Years of strong jobs, low inflation still ahead

WASHINGTON (Reuters) - Federal Reserve Chairman Jerome Powell said on Tuesday he sees the United States on track for years more of steady growth, but was challenged in a congressional hearing by senators worried the Trump administration's trade policies were already damaging businesses in their districts. More »

 

Trump, House Republicans discuss further tax cuts at White House

WASHINGTON (Reuters) - President Donald Trump and Republican U.S. lawmakers on Tuesday discussed another possible round of deficit-financed tax cuts, highlighting an initiative seen by some tax experts as an election-year effort with little chance of becoming law. More »

 

Obama says world should resist cynicism over rise of strongmen

JOHANNESBURG (Reuters) - Barack Obama said on Tuesday the world should resist cynicism over the rise of strongmen, in an apparent reference to populist leaders who hold power in a number of countries. More »

 

Jury convicts ex-N.Y. state senate leader of soliciting bribes

NEW YORK (Reuters) - Former New York State Senate majority leader Dean Skelos was found guilty of soliciting bribes and other federal corruption charges by a jury on Tuesday, nearly a year after an appeals court threw out an earlier conviction. More »

 

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