The Fed is prodding Americans to buy more on credit
WASHINGTON (Reuters) – The Federal Reserve’s decisive statement this week that interest rates are unlikely to rise this year sends…
Wells Fargo CEO avoids major stumble at heated congressional hearing
WASHINGTON (Reuters) – Democratic and Republican lawmakers on Tuesday pressed Wells Fargo & Co Chief Executive Tim Sloan for proof…
U.S. telecoms regulator stops clock on Sprint, T-Mobile merger review
WASHINGTON (Reuters) – The U.S. Federal Communications Commission said on Thursday it has halted the informal 180-day “shot clock” on…
Democrats probe whether White House interfered in AT&T Time Warner merger
(Reuters) – Two U.S. House Democrats asked the White House and Justice Department to turn over documents that could show…
Trump says China trade talks going well, predicts ‘good deal’ or no deal
FILE PHOTO: A Benjamin Franklin U.S. 100 dollar banknote and a Chinese 100 yuan banknote with late Chinese Chairman Mao…
Huawei set to announce lawsuit against U.S. as it seeks to strike back
HONG KONG (Reuters) – Huawei Technologies is set to announce a lawsuit on Thursday against the United States, ratcheting up…
FDA chief tough on e-cigs steps down in surprise resignation
WASHINGTON (Reuters) – U.S. Food and Drug Administration Commissioner Scott Gottlieb said on Tuesday that he plans to step down…
China says it welcomes delay on U.S. tariff increase
FILE PHOTO: U.S. Trade Representative Robert Lighthizer (7thR), Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross, White House economic adviser…
U.S. says rejects WTO’s ‘straitjacket’ of trade obligations
WASHINGTON (Reuters) – The Trump administration filed another salvo at the World Trade Organization on Friday, saying U.S. trade policy…
New cancer-causing toxin found in recalled blood pressure pills
(Reuters) – U.S. health regulators said on Friday a third cancer-causing toxin was found in some blood pressure pills recalled…
U.S., China sprint to seal deal ahead of Trump’s deadline
WASHINGTON (Reuters) – U.S. and Chinese negotiators met for over seven hours on Saturday to resolve their trade dispute and…
Trump says he’s inclined to extend China trade deadline and meet Xi soon
WASHINGTON (Reuters) – President Donald Trump said on Friday there was “a very good chance” the United States would strike…
A Fed pivot, born of volatility, missteps, and new economic reality
WASHINGTON (Reuters) – The Federal Reserve’s promise in January to be “patient” about further interest rate hikes, putting a three-year-old…
Italian ruling-party lawmakers push for Huawei ban: paper
FILE PHOTO: The logo of Huawei Technologies in front of the German headquarters of the Chinese telecommunications group in Duesseldorf,…
U.S., China haggle over toughest issues in trade war talks
WASHINGTON (Reuters) – Top U.S. and Chinese trade negotiators haggled on Thursday over the details of a set of agreements…
U.S. settles with Teva over keeping generic drugs off market
FILE PHOTO: The logo of Teva Pharmaceutical Industries is seen during a news conference hold by its CEO, Kare Schultz,…
U.S. agency submits auto tariff probe report to White House
WASHINGTON (Reuters) – The U.S. Commerce Department sent a report on Sunday to U.S. President Donald Trump that could unleash…
Auto industry lines up against possible U.S. tariffs
WASHINGTON (Reuters) – The U.S. auto industry urged President Donald Trump’s administration on Monday not to saddle imported cars and…
Huawei founder says Huawei CFO arrest was politically motivated: BBC
(Reuters) – Huawei founder Ren Zhengfei said on Monday that the arrest of his daughter, Huawei Chief Financial Officer Meng…
Britain does not support total Huawei network ban: sources
(Reuters) – British security officials do not support a full ban of Huawei from national telecoms networks despite U.S. allegations…
China, U.S. start high-level trade talks in Beijing: Xinhua
U.S. trade representative Robert Lighthizer leaves a hotel in Beijing for talks with Chinese officials, China, February 14, 2019. REUTERS/Thomas…
U.S.’ Mnuchin says ‘looking forward’ to China trade talks
U.S. Treasury Secretary Steven Mnuchin, a member of the U.S. trade delegation to China, leaves a hotel in Beijing for…
Trump: China trade talks going ‘very well’ before high-level parley
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said on Wednesday trade talks with China were “going along very well” as…
Seven mumps cases confirmed at Houston ICE detention facility
(Reuters) – Seven adult detainees at a U.S. Immigration and Customs Enforcement detention facility in Houston have been diagnosed with…
J&J becomes first drugmaker to add prices to television ads
FILE PHOTO: A Johnson & Johnson building is shown in Irvine, California, U.S., January 24, 2017. REUTERS/Mike Blake/File Photo CHICAGO…
U.S. factory orders fall; core capital goods unrevised
WASHINGTON (Reuters) – New orders for U.S.-made goods unexpectedly fell in November amid sharp declines in demand for machinery and…
Trump says he will meet with China’s Xi to try to seal trade deal
WASHINGTON (Reuters) – President Donald Trump said on Thursday he will meet with Chinese President Xi Jinping soon to try…
Exclusive: Boeing nears $3.5 billion 737 MAX jet deal with Japan’s ANA – sources
SEATTLE (Reuters) – Boeing Co is close to a deal worth $3.5 billion at list prices to sell 30 Boeing…
Exclusive: U.S. demands regular review of China trade reform
BEIJING/WASHINGTON (Reuters) – The United States is pushing for regular reviews of China’s progress on pledged trade reforms as a…
Exclusive: U.S. pushing for regular review of China trade, reform progress
BEIJING/WASHINGTON (Reuters) – The United States is pushing for regular reviews of China’s progress on pledged trade reforms as a…
U.S. consumer morale at two-year low; factory output surges
WASHINGTON (Reuters) – U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump’s was elected…
U.S. lawmakers introduce bipartisan bills targeting China’s Huawei and ZTE
FILE PHOTO: The Huawei logo is pictured outside their research facility in Ottawa, Ontario, Canada, December 6, 2018. REUTERS/Chris Wattie…
J&J raises U.S. prices on around two dozen drugs
NEW YORK (Reuters) – Johnson & Johnson raised U.S. prices on around two dozen prescription drugs on Thursday, including the…
China has ‘good faith’ to fix trade issues as talks with U.S. resume
BEIJING (Reuters) – China has the “good faith” to work with the United States to resolve trade frictions, the Foreign…
Trump: Weakness in China economy gives Beijing incentive for trade deal
U.S. President Donald Trump speaks to the media as he departs for Camp David from the White House in Washington,…
Trump says China woes help U.S. in trade talks, downplays Apple warning
WASHINGTON/BEIJING (Reuters) – President Donald Trump on Friday downplayed a revenue warning from Apple Inc that cited slowing sales in…
China warnings signal Trump’s trade war finally hitting home
ATLANTA/NEW YORK (Reuters) – Weak sales at Apple and Cargill, U.S. giants of technology and agriculture, may be the clearest…
Upbeat employment report underscores U.S. economic strength
WASHINGTON (Reuters) – U.S. employers hired the most workers in 10 months in December while boosting wages, pointing to sustained…
Hertz Global to pay $16 million fine to settle accounting case: SEC
FILE PHOTO: A Hertz logo is pictured on a sign at Orlando International Airport in Orlando, Florida, U.S., May 6,…
Is China buying U.S. soy? Washington shutdown keeps traders guessing
CHICAGO (Reuters) – Commodity traders are in the dark because of the partial U.S. government shutdown, unable to see daily…
JPMorgan to pay more than $135 million for improper handling of ADRs
FILE PHOTO: The logo of JPMorgan Chase & Co (JPM) is seen in Los Angeles, California, United States, on October…
Salmonella outbreak linked to raw turkey leaves over 200 sick across U.S.
(Reuters) – More than 200 people from across the United States have fallen ill, 84 of them hospitalized, from an…
U.S. third-quarter growth trimmed; business spending slowing
WASHINGTON (Reuters) – The U.S. economy slowed slightly more than previously estimated in the third quarter and momentum appears to…
FDA panel backs prescribing opioid overdose reversal drug along with painkillers
(Reuters) – An advisory panel to the U.S. Food and Drug Administration on Tuesday recommended prescribing the opioid overdose reversal…
E-cigarette usage nearly doubles in U.S. high-schools: survey
A young man smokes an electronic cigarette in this picture illustration taken September 14, 2018. REUTERS/Mike Blake/Illustration (Reuters) – The…
Olympus unit pleads guilty to resolve U.S. duodenoscope probe
(Reuters) – An Olympus Corp subsidiary pleaded guilty on Monday and agreed to pay $85 million to resolve charges that…
Huawei CFO seeks bail, cites health fears behind bars: court documents
Meng Wanzhou, Executive Board Director of the Chinese technology giant Huawei, attends a session of the VTB Capital Investment Forum…
Huawei CFO bail hearing to resume in Canada as Beijing steps up pressure
TORONTO/BEIJING (Reuters) – A top executive of Chinese tech giant Huawei Technologies is due back in a Canadian court on…
Exclusive: U.S. probe of China’s Huawei includes bank fraud accusations – sources
WASHINGTON (Reuters) – Chinese telecoms giant Huawei Technologies Co Ltd’s chief financial officer was arrested as part of a U.S.…
GM CEO to meet with U.S. lawmakers over job cuts
FILE PHOTO: General Motors CEO Mary Barra at a press conference at the North American International Auto Show in Detroit,…
Trump says ‘long way to go’ on tariffs and China
U.S. President Donald Trump answers a question from a reporter as he departs the White House for travel to Mississippi…
Trump coy on China trade deal before meeting Xi
WASHINGTON (Reuters) – U.S. President Donald Trump sent mixed signals on Thursday about the prospects for a trade deal with…
U.S., China exploring deal to delay more tariffs, start talks: WSJ
WASHINGTON (Reuters) – The United States and China are exploring a trade deal in which Washington would suspend further tariffs…
Trump says he expects to raise China tariffs: Wall Street Journal
WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday he expected to move ahead with raising tariffs on $200…
Egypt says U.S. oil firms showing appetite for offshore projects
ROME (Reuters) – Egypt sees increasing interest from U.S. energy companies in developing its offshore oil and natural gas resources…
Egypt says U.S. oil firms showing appetite for offshore projects
ROME (Reuters) – Egypt sees increasing interest from U.S. energy companies in developing its offshore oil and natural gas resources…