NEW YORK (Reuters) – About half of the United States is at increased risk of power supply shortfalls in the next decade that could lead to outages and electricity conservation measures, the North American Electric Reliability Corporation said on Tuesday. As U.S. power consumption rises from AI data centers and the electrification of buildings and transportation, efforts to add electricity generation have fallen short, creating an intensifying supply-demand imbalance, NERC said in its annual Long-Term … Read more…

(Reuters) -Uber Technologies and its CEO Dara Khosrowshahi each donated $1 million to U.S. President-elect Donald Trump’s inaugural fund, a company spokesperson told Reuters on Tuesday. The ride-hailing firm joins a list of several large businesses that have sought to build a positive relationship with the incoming Trump administration after he won the election in November. The donations by Uber and Khosrowshahi were first reported by The Wall Street Journal earlier in the day. Amazon.com … Read more…

By Luc Cohen NEW YORK (Reuters) – New York Mayor Eric Adams lost a bid to narrow his five-count federal corruption indictment as a judge declined on Tuesday to dismiss a bribery charge related to luxury travel benefits provided by a Turkish official, with the trial set for April. U.S. District Judge Dale Ho denied a motion by lawyers for the Democratic mayor to dismiss the bribery charge. The defense had cited a June U.S. … Read more…

By Jason Lange WASHINGTON (Reuters) – About two in five Americans view U.S. President-elect Donald Trump favorably, fewer than when the Republican was on the cusp of his first presidential term, a new Reuters/Ipsos poll showed. Some 41% of respondents in the three-day poll, which closed on Sunday, said they viewed Trump favorably, while 55% viewed him unfavorably as his Jan. 20 inauguration approached. That was down from Trump’s 51% favorability rating in December 2016 … Read more…

OTTAWA (Reuters) – Canada’s annual inflation rate unexpectedly slowed by a tick to 1.9% in November, driven by a broad-based slowdown in prices, and the consumer price index was unchanged on a monthly basis, data showed on Tuesday. Analysts polled by Reuters had forecast that inflation would hold steady at the 2% rate recorded in October and the consumer price index would rise 0.1% month-over-month. Prices for travel tours and the mortgage interest cost contributing … Read more…

By Jody Godoy (Reuters) -The U.S. Federal Trade Commission passed a rule on Tuesday requiring ticket sellers, hotels and vacation rental sites to disclose total prices, including fees upfront, prohibiting them from concealing add-on charges until the last minute. The rule is one of the final pieces of President Joe Biden’s wide-ranging crackdown on junk fees that drive up consumer costs without providing visible benefits. “We all know the experience of encountering a hidden fee … Read more…

By Harry Robertson LONDON (Reuters) – Investors have poured a record $600 billion into global bond funds this year, taking advantage of some of the highest yields in decades ahead of an uncertain 2025. Dwindling inflation has finally allowed central banks to lower interest rates, pushing investors to lock in the relatively high yields available and finally delivering the “year of the bond” after $250 billion left fixed-income funds in 2022. “The story is income,” … Read more…