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Waller says he's willing to lead Fed if Trump asks, but no contact so far Jul 18, 2025 02:57PM

By Howard Schneider

WASHINGTON (Reuters) -Federal Reserve Governor Chris Waller, an advocate for an immediate interest rate cut, said on Friday he would accept the job as head of the U.S. central bank if asked by President Donald Trump, but so far Trump has not contacted him about it.

"In 2019 the president contacted me and said, 'Would you serve?' And I said yes," Waller told Bloomberg Television, referring to Trump's appointment of him to... (continue reading...)


Pakistan says it held productive trade talks in Washington Jul 18, 2025 02:52PM

By Asif Shahzad

ISLAMABAD (Reuters) -Pakistan said it held productive trade talks with the U.S. in Washington on Friday to advance economic cooperation, according to a statement from the South Asian country's finance ministry.

Finance Minister Muhammad Aurangzeb met U.S. Commerce Secretary Howard Lutnick and U.S. Trade Representative Ambassador Jamieson Greer, the statement said.

"Both sides expressed satisfaction with the... (continue reading...)


OpenAI launches $50 million fund to support nonprofits, community organizations Jul 18, 2025 02:51PM

By Anna Tong

SAN FRANCISCO (Reuters) -ChatGPT maker OpenAI is launching a $50 million fund to support nonprofit and community organizations, the artificial intelligence company said on Friday.

The fund is the first action following a recommendations report from the San Francisco-based company's nonprofit commission, which was formed in April to guide OpenAI's philanthropic efforts.

OpenAI has been working to revamp its corporate... (continue reading...)


Seven Venezuelan migrant children sent home from U.S.: minister Jul 18, 2025 02:48PM

CARACAS (Reuters) -Seven Venezuelan migrant children who had been separated from their families and kept in U.S. care have been sent home, Venezuelan Interior Minister Diosdado Cabello and First Lady Cilia Flores said on Friday.

Speaking from Maiquetia airport near Caracas after the arrival of a plane carrying hundreds of migrants deported from Texas, Cabello said the children had been "rescued". Cabello said earlier that there were 32 migrant children in... (continue reading...)


Alan Bergman, great American lyricist, dies at 99 Jul 18, 2025 02:45PM

By Patricia Reaney

NEW YORK (Reuters) -Alan Bergman wrote a song with his future wife on the day they first met. Over the next 60 years they never stopped making music together.

Bergman was one half of one of the greatest American songwriting duos. The other was his wife Marilyn, who died in 2022.

Together, the couple wrote the lyrics for "The Way We Were" and "The Windmills of Your Mind," tunes for the film "Yentl," and the... (continue reading...)


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