Fed’s Powell says politics play no role in interest-rate decisions
U.S. Federal Reserve Chairman Jerome Powell speaks during the “The Economic Outlook and Monetary Policy” panel discussion hosted by the…
Fed Chair Powell repeats vow to act ‘as appropriate’
ZURICH (Reuters) – The U.S. Federal Reserve will continue to act “as appropriate” to sustain the economic expansion in the…
Wall St. barely gains after mixed U.S. jobs data
NEW YORK (Reuters) – The S&P 500 and Dow industrials closed slightly higher on Friday as investors digested a mixed…
U.S.-China trade conflict could take years to resolve: Kudlow
WASHINGTON (Reuters) – White House economic adviser Larry Kudlow said on Friday the United States wants “near term” results from…
U.S. hiring cools; wages, hours offer silver lining
WASHINGTON (Reuters) – U.S. job growth slowed more than expected in August, with retail hiring declining for a seventh straight…
Wall St. week ahead: Another recent inversion could provide support for stocks
NEW YORK (Reuters) – A decline in interest rates on long-term U.S. government bonds below the average stock dividend yield…
Novo Nordisk to cut insulin prices in the U.S.
COPENHAGEN (Reuters) – Novo Nordisk will offer cheaper insulin to U.S. diabetics, the Danish drugmaker said on Friday, in response…
Telemarketer charged in $1.2 billion Medicare fraud scheme pleads guilty in NJ
(Reuters) – The owner of a telemarketing company implicated in the largest component of a $1.2 billion Medicare fraud involving…
Wall Street buoyed by China data, Hong Kong and Brexit news
FILE PHOTO: A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City,…
U.S. records 19 new cases of measles as of last week
FILE PHOTO: A camper’s immunization form and physician’s stamp is seen at the Rosmarins Day Camp and Cottages office in…
Tuberculosis rates down in most U.S. children, but still high in some groups
(Reuters Health) – Over the past decade, the number of children and teens in the U.S diagnosed with tuberculosis has…
China says has only ‘limited’ cooperation with U.S. on fentanyl
BEIJING (Reuters) – China and the United States have only “limited” cooperation in stopping fentanyl smuggling, a Chinese narcotics official…
U.S. judge orders big drug companies to face opioid trial
(Reuters) – A U.S. judge on Tuesday rejected efforts by major drugmakers, pharmacies and distributors to dismiss claims that they…
China, U.S. to collect additional tariffs on each other’s goods
BEIJING (Reuters) – China and the United States will begin imposing additional tariffs on each other’s goods on Sunday, the…
Democrats’ Medicare for All must consider union-won plans: AFL-CIO
WASHINGTON (Reuters) – Democratic White House hopefuls should ensure their Medicare for All proposals honor union-negotiated private insurance, AFL-CIO President…
Factbox: Next rounds of Trump’s tariffs on Chinese goods to hit consumers
(Reuters) – U.S. President Donald Trump’s next round of tariffs on Chinese imports is scheduled to take effect starting on…
U.S. says no grace period for Chinese imports facing tariffs on Sept. 1
FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019. REUTERS/Aly Song WASHINGTON…
Wall Street stalls to end weak August as China tariffs loom ahead of U.S. holiday
NEW YORK (Reuters) – Wall Street ended the week with a lackluster session on Friday as investors were cautious ahead…
Trump says trade meeting with China set for September is still on
FILE PHOTO: U.S. President Donald Trump speaks with reporters on the South Lawn of the White House in Washington, U.S.,…
Trump says euro dropping ‘like crazy’ against dollar, blames Fed
U.S. President Donald Trump waves as he walks from the Oval Office of the White House in Washington, U.S., before…
U.S. and China will meet in September, Trump says, but tariff hikes remain
WASHINGTON (Reuters) – Trade teams from China and the United States continue to talk and will meet in September, but…
Wall Street Weekahead: Retailers in spotlight as tariffs on consumer products kick in
SAN FRANCISCO (Reuters) – U.S. retailers will be front and center on Wall Street next week as the United States…
Trade war dims outlook for U.S. business operations in China: survey
WASHINGTON (Reuters) – U.S. companies doing business in China are still making profits there, but 81% say escalating trade tensions…
China hopes U.S. will create conditions necessary for September trade talks
BEIJING (Reuters) – China and the United States are discussing the next round of face-to-face trade talks scheduled in September,…
U.S. economy slowing, but consumers limiting downside
WASHINGTON (Reuters) – U.S. economic growth slowed in the second quarter, the government confirmed on Thursday, but the strongest consumer…
SEC fines Texas-based firm for offering illegal tokens, unregistered exchange
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said on Thursday it fined and settled charges against a Texas-based…
Wall Street rallies after China trade comments
NEW YORK (Reuters) – U.S. stocks rallied more than 1% on Thursday, buoyed by gains in the trade-sensitive technology and…
Trump promises ethanol-related ‘giant package’ to please farmers
WASHINGTON/South Sioux City, NEBRASKA (Reuters) – President Donald Trump said on Thursday his administration is planning a “giant package” related…
Huawei under probe by U.S. prosecutors over new allegations: WSJ
FILE PHOTO: FILE PHOTO: A Huawei company logo is pictured at the Shenzhen International Airport in Shenzhen, Guangdong province, China…
Wall Street rises on China trade hopes, lead by tech, industrials
FILE PHOTO: A trader works on the floor of the New York Stock Exchange shortly after the closing bell in…
U.S. yields climb on trade optimism, weak auction
NEW YORK (Reuters) – U.S. Treasury yields rose on Thursday with 30-year yields climbing from record lows, as hopes on…
As U.S. Treasuries sizzle, some bond investors brace for possible sell-off
NEW YORK (Reuters) – While there seems to be no end on the horizon to this year’s dramatic rally in…
Democrats’ Medicare for All plans must consider union-negotiated health plans: AFL-CIO chief
WASHINGTON (Reuters) – Democratic White House hopefuls should ensure their Medicare for All proposals honor union-negotiated private insurance, AFL-CIO President…
China discussing September trade talks with U.S.: commerce ministry
FILE PHOTO: U.S. dollar and China yuan notes are seen in this picture illustration June 2, 2017. REUTERS/Thomas White/Illustration/File Photo…
U.S. to pay for thousands of doses of HIV drugs for Venezuelan migrants
BOGOTA (Reuters) – The United States said on Wednesday it will provide thousands of doses of HIV medication to treat…
U.S. 10-year TIPS yields fall deeper into negative territory
FILE PHOTO: A trader works on the floor of the New York Stock Exchange shortly after the closing bell in…
Three U.S. bond kings wield same strategy, get same result: lag their peers
NEW YORK (Reuters) – Three names dominate the U.S. world of bond investing – Jeffrey Gundlach, Dan Ivascyn and Scott…
China to fight back against U.S. tariff move: People’s Daily
FILE PHOTO: Containers are seen at Yantian port in Shenzhen, Guangdong province, China July 4, 2019. Picture taken July 4,…
Kudlow does not expect China to retaliate against latest U.S. tariffs
FILE PHOTO: White House chief economic adviser Larry Kudlow talks with reporters on the driveway outside the West Wing of…
No ready spark seen for lagging U.S. energy shares
NEW YORK (Reuters) – There may be little relief on the horizon for investors in U.S. energy companies, whose shares…
Trump regrets not raising tariffs on China higher, White House says
BIARRITZ, France (Reuters) – President Donald Trump wishes he had raised tariffs on Chinese goods even higher last week, the…
Pimco sticks to Danish mortgage-backed covered bonds as returns plunge: Bloomberg
Ticker and trading information for Pacific Investment Management Co. (PIMCo) are displayed on a screen at the New York Stock…
Democrat Buttigieg targets mental illness, addiction in new plan
(Reuters) – Democratic U.S. presidential candidate Pete Buttigieg aims to prevent one million deaths by 2028 from addiction and mental…
Measles-stricken New Zealand girl visited Disneyland, other California destinations
LOS ANGELES (Reuters) – A teenage girl from New Zealand sick with measles visited Disneyland and other popular tourist stops…
Wall Street Weekahead: Investors look at dollar stores as U.S. recession fears increase
NEW YORK (Reuters) – More investors are watching the shares of discount retailers like Dollar General Corp (DG.N) and Dollar…
Japan, U.S. reach framework trade pact, no tariff cuts on Japan cars: Nikkei
TOKYO (Reuters) – The United States and Japan have reached the broad framework of a trade agreement, with Washington maintaining…
Japan, U.S. reach framework trade pact, no U.S. concessions seen – Nikkei
TOKYO (Reuters) – The United States and Japan have reached the broad framework of a trade agreement, Japan’s Nikkei business…
Trump presses U.S. companies to close China operations
WASHINGTON (Reuters) – President Donald Trump said on Friday he was ordering U.S. companies to look at ways to close…
Trump administration considers boost to biofuel mandates to ease farmer anger: sources
NEW YORK/WASHINGTON (Reuters) – The Trump administration is considering ramping up biofuel blending quotas in the coming years to assuage…
Oil spills into U.S.-China trade war, prices slump
NEW YORK (Reuters) – China said on Friday it would impose tariffs on U.S. crude oil imports for the first…
Fed’s Mester sees downside risk from escalating trade war
JACKSON HOLE, Wyo. (Reuters) – Cleveland Federal Reserve President Loretta Mester said on Saturday she sees “big downside risk” from…
World needs to end risky reliance on U.S. dollar: BoE’s Carney
JACKSON HOLE, Wyo. (Reuters) – Bank of England Governor Mark Carney took aim at the U.S. dollar’s “destabilizing” role in…
Fed’s commitment to act upstaged by Trump’s furor
JACKSON HOLE, Wyo. (Reuters) – Federal Reserve Chair Jerome Powell said the central bank would “act as appropriate” to keep…
China warns U.S. to stop ‘wrong’ trade actions or face consequences
FILE PHOTO: U.S. and Chinese flags are seen in front of a U.S. dollar banknote featuring American founding father Benjamin…
Trump heaps another 5% tariff on Chinese goods in latest tit-for-tat escalation
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping…
U.S. imposes sanctions on three Chinese accused of fentanyl trafficking
WASHINGTON (Reuters) – The U.S. Treasury on Wednesday imposed sanctions on three Chinese men accused of illegally trafficking fentanyl, acting…
Trump administration to appeal ruling blocking price disclosure for drug ads
FILE PHOTO: Bottles of drugs sit on the shelf at the Rock Canyon Pharmacy, in Provo, Utah, U.S., May 9,…
Trump says he had to ‘take China on,’ regardless of short-term impact on U.S. economy
WASHINGTON (Reuters) – President Donald Trump on Tuesday said he had to confront China over trade even if it caused…