Soft China April investment, retail sales suggest economy losing steam
BEIJING (Reuters) – China reported weaker-than-expected investment and retail sales in April and a drop in home sales, clouding its…
NAFTA math may not add up to more U.S. auto jobs
DETROIT (Reuters) – Trump administration demands in NAFTA trade negotiations meant to push auto jobs back to the United States…
Credit raters put pressure on Deutsche Bank over new strategy
FRANKFURT (Reuters) – Deutsche Bank’s (DBKGn.DE) new chief executive Christian Sewing needs to come up with a convincing strategy swiftly…
Oil cautious on rise in U.S. drilling, Iran sanctions opposition
SINGAPORE (Reuters) – Oil prices edged lower on Monday as a relentless rise in U.S. drilling activity points to increased…
Take Five: World markets themes for the week ahead
LONDON (Reuters) – Following are five big themes likely to dominate the thinking of investors and traders in the coming…
Asian shares edge higher as tensions ease, earnings rise
SYDNEY (Reuters) – Asian shares rose again on Monday as tensions in the Korean Peninsula eased and first-quarter earnings shone,…
Japan may soften trade stance as U.S. keeps up pressure
WASHINGTON (Reuters) – Despite calls to resist protectionism and for the United States to rejoin a multilateral trans-Pacific trade pact,…
Treasury chief may visit China as trade tensions simmer
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Saturday he may travel to China, a move that could…
World Bank says shareholders endorse capital increase
WASHINGTON (Reuters) – The World Bank said on Saturday its shareholders had endorsed a $13 billion paid-in capital increase, a…
U.S. banks push mortgage apps as home lending slows
NEW YORK (Reuters) – Big U.S. banks are racing to launch websites and mobile apps to make getting a mortgage…
Trump’s next $100 billion tariff dilemma: hit Wal-Mart or Apple Store?
WASHINGTON (Reuters) – U.S. consumers may be about to directly feel the effects of the trade fight started by U.S.…
A U.S. recession ahead? Fed policymakers say not to worry
CHICAGO/SAN FRANCISCO (Reuters) – As the gap between short- and long-term borrowing costs hovers near its lowest in more than…
Union chief upbeat on prospects for deal in German wage talks
POTSDAM, Germany (Reuters) – Negotiators for both Germany’s public sector unions and employers signaled a willingness to compromise at the…
German interior minister rejects union’s six percent wage demand
BERLIN (Reuters) – German Interior Minister Horst Seehofer said on Saturday he would press for “reasonable results” in the next…
U.S. consumer spending up slightly; jobless claims at 45-year low
WASHINGTON (Reuters) – U.S. consumer spending rose marginally for a second straight month in February as households boosted savings, the…
U.S. nonfarm payrolls post largest gain in one-and-a-half years
WASHINGTON (Reuters) – U.S. job growth surged in February, recording its biggest increase in more than 1-1/2 years, but a…
Trump says prepared to meet North Korea’s Kim in first-ever summit
WASHINGTON (Reuters) – President Donald Trump said on Thursday he was prepared to meet North Korean leader Kim Jong Un…