Fed’s Powell defends policy of gradual interest rate hikes
JACKSON HOLE, Wyo. (Reuters) – Federal Reserve Chairman Jerome Powell on Friday defended the U.S. central bank’s push to raise interest rates as healthy for the economy and signaled more…
U.S., China escalate trade war, impose more tariffs
BEIJING/WASHINGTON (Reuters) – The United States and China escalated their acrimonious trade war on Thursday, implementing punitive 25 percent tariffs on $16 billion worth of each other’s goods. FILE PHOTO:…
U.S., China to resume trade talks in Washington amid low expectations
WASHINGTON (Reuters) – U.S. and Chinese officials are set to resume contentious trade talks on Wednesday under the cloud of a prediction by U.S. President Donald Trump that there would…
Exclusive: Trump doesn’t expect much from China trade talks this week
WASHINGTON (Reuters) – U.S. President Donald Trump does not expect much progress from trade talks with China this week in Washington, he told Reuters on Monday. U.S. President Donald Trump…
Exclusive: Trump demands Fed help on economy, complains about interest rate rises
WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday he was “not thrilled” with the Federal Reserve under his own appointee, Chairman Jerome Powell, for raising interest rates and…
U.S. health secretary says agency can eliminate drug rebates
WASHINGTON (Reuters) – U.S. Health and Human Services Secretary Alex Azar said it was within his agency’s power to eliminate rebates on prescription drug purchases, a key element of the…
Trump asks SEC to consider switch to half-year corporate filings
NEW YORK/WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said meetings with corporate executives had prompted him to ask the U.S. Securities and Exchange Commission (SEC) to study letting…
Trump asks SEC to mull half-year corporate filings vs. quarterly
NEW YORK/WASHINGTON (Reuters) – U.S. President Donald Trump said on Friday he had asked the U.S. Securities and Exchange Commission to study the impact of allowing companies to file reports…
Trump backs boycott of Harley Davidson in steel tariff dispute
WASHINGTON (Reuters) – President Donald Trump backed boycotting American motorcycle manufacturer Harley Davidson Inc (HOG.N) on Sunday, the latest salvo in a dispute between the company and Trump over tariffs…
China to slap additional tariffs on $16 billion of U.S. goods
BEIJING/WASHINGTON (Reuters) – China is slapping additional tariffs of 25 percent on $16 billion worth of U.S. imports from fuel and steel products to autos and medical equipment, the Chinese…