U.S. Senator Sanders urges FDA to allow older versions of $375,000 drug
(Reuters) – U.S. Senator Bernie Sanders this week urged regulators to allow pharmacies and manufacturers to resume distributing unbranded, lower-cost…
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…
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…
Exclusive: Fed’s Williams says new economic outlook necessary for rate hikes
NEW YORK (Reuters) – New York Fed President John Williams on Tuesday said he was comfortable with the level U.S.…
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…
Wall Street Week Ahead: Profit estimates may be adding in too much cost risk
NEW YORK (Reuters) – As Wall Street braces for the first quarterly decline in earnings in nearly three years, some…
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…
No evidence that Fed’s balance sheet is behind market swings: Mester
FILE PHOTO: Cleveland Fed President Loretta Mester takes part in a panel convened to speak about the health of the…
Fed to finalize plans to end balance sheet runoff ‘at coming meetings’: Mester
FILE PHOTO: Loretta Mester, president of the Federal Reserve Bank of Cleveland, speaks during an interview in Manhattan, New York,…
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…
U.S. fund managers brace for consumer slowdown
(Reuters) – With expectations for slowing growth escalating, U.S. fund managers are selectively avoiding stocks in consumer companies as lofty…
No talks between Trump and China’s Xi before trade deadline
WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday he did not plan to meet with Chinese President Xi…
Patient being tested in Pennsylvania for possible Ebola exposure: hospital
(Reuters) – An unidentified patient was being tested on Wednesday at a Philadelphia hospital for possibly having been exposed to…
Earnings send Wall St higher as investors eye State of the Union speech
NEW YORK (Reuters) – U.S. stocks rose on Tuesday as largely upbeat corporate results fueled investor optimism ahead of the…
Merck CEO Frazier to testify at Senate drug pricing hearing
NEW YORK/WASHINGTON (Reuters) – U.S. drugmaker Merck & Co Inc said on Tuesday that its Chief Executive Ken Frazier plans…
Tech boosts S&P, Nasdaq; healthcare weighs on Dow
(Reuters) – U.S. stocks edged higher on Monday boosted by technology shares ahead of Alphabet’s results after the bell, but…
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…
U.S. high court temporarily blocks Louisiana abortion restrictions
WASHINGTON (Reuters) – The U.S. Supreme Court on Friday temporarily prevented a Louisiana law imposing strict regulations on abortion clinics…
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…
Shutdown costs pegged at $3 billion as government reopens
WASHINGTON (Reuters) – The U.S. economy was expected to lose $3 billion from the partial federal government shutdown over President…
Nasdaq boosted by chip rally; Dow, S&P 500 stall
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 22, 2019. REUTERS/Brendan…
Not-for-profit to offer 20 generic drugs in 2019 to alleviate shortages
(Reuters) – A new not-for-profit supplier of generic drugs formed by a consortium of hospitals systems said it expects this…
Boeing says prolonged government shutdown could hurt business: CNBC
FILE PHOTO: Employees are pictured as the first Boeing 737 MAX 7 is unveiled in Renton, Washington, U.S. February 5,…
Wall Street edges higher as upbeat earnings dampened by trade, shutdown woes
(Reuters) – Wall Street ended slightly higher on Wednesday after a spate of upbeat earnings reports, but lingering concerns about…
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…
Family behind Purdue Pharma pushed opioid marketing, Massachusetts says
BOSTON (Reuters) – Members of the wealthy Sackler family behind Purdue Pharma LP pushed it to boost sales of OxyContin…
Wall Street falls as China prompts global slowdown worries
FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 10,…
Amazon CEO Jeff Bezos and wife MacKenzie to divorce
(Reuters) – Amazon.com Inc founder and Chief Executive Jeff Bezos, the world’s richest man, and wife MacKenzie Bezos are divorcing…
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…
Fund managers hoping for stock rally look to emerging markets
NEW YORK (Reuters) – After emerging market stocks led global equity markets lower in a brutal 2018, some U.S.-based fund…
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…
Wall St. rebounds on robust jobs report, dovish Powell remarks
NEW YORK (Reuters) – Wall Street rebounded on Friday to close at its highest in two weeks after a strong…
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…
Trump downplays Apple woes, says China economy helps U.S. in trade talks
WASHINGTON/BEIJING (Reuters) – President Donald Trump on Friday downplayed a revenue warning by Apple Inc and said slowing economic growth…
Bank, energy stocks lift Wall Street higher in choppy session
(Reuters) – Wall Street edged higher in a choppy session on Wednesday, as gains in energy and bank stocks helped…
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,…
Wall Street rises, limps across the finish line of a turbulent year
NEW YORK (Reuters) – Wall Street advanced in low-volume trading on Monday as revelers gathered to ring in 2019, marking…
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…
Wall Street rally pauses, but stocks mint weekly gain
(Reuters) – The S&P 500 ended marginally lower in a choppy session on Friday, but major indexes posted weekly gains…
Defensive stocks top 2019 playbooks
NEW YORK (Reuters) – Perceived safe havens like utilities and consumer staples, often an afterthought in Wall Street’s cascade of…
U.S. retirees try to keep cool as stocks tumble
BOSTON (Reuters) – Nancy Farrington, a retiree who turns 75 next month, admits to being in a constant state of…
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…
Wall Street rises in volatile trading led by defensive stocks
(Reuters) – Wall Street rose in volatile trading on Friday, after two days of heavy losses, with the biggest gains…
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…
Wall St. tumbles, S&P closes at lowest level in 14 months
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2018. REUTERS/Brendan…
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…