Trump wants weaker dollar but it could be a hard sell
WASHINGTON/SAN FRANCISCO (Reuters) – President Donald Trump wants a cheaper dollar, saying earlier this month the United States should match…
Wall Street rises as Fed’s Williams cements rate-cut expectations
NEW YORK (Reuters) – U.S. stocks moved higher on Thursday after a slow start as comments from New York Fed…
Trump meets with airline CEOs over Qatar subsidy accusations
WASHINGTON (Reuters) – U.S. President Donald Trump met on Thursday with the chief executives of major American airlines to discuss…
Second opioid distributor charged over role in U.S. drug epidemic
(Reuters) – An Ohio drug wholesale distributor and two former executives were charged on Thursday with profiting from the U.S.…
Wall Street opens flat, investors shrug off bank results
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019. REUTERS/Brendan…
U.S. retail sales ease fears over economy; rate cut still seen
WASHINGTON (Reuters) – U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help…
Wall Street slips as bank earnings, Trump trade comments weigh
NEW YORK (Reuters) – U.S. stocks edged lower on Tuesday as quarterly results from banks added to concerns about lower…
Opioid ‘kingpin’ J&J fueled epidemic, Oklahoma argues at trial’s end
NORMAN, Okla. (Reuters) – Lawyers for the state of Oklahoma on Monday compared Johnson & Johnson (JNJ.N) to a drug…
Trump sees slowing Chinese growth pressuring Beijing on trade
WASHINGTON (Reuters) – U.S. President Donald Trump on Monday seized on slowing economic growth in China as evidence that U.S.…
Facebook vows Libra currency will wait for approval as U.S. airs worries
WASHINGTON (Reuters) – Facebook Inc said on Monday it would not proceed with the launch of its Libra cryptocurrency until…
S&P ends near flat as Citigroup results sink banks; Nasdaq hits new high
NEW YORK (Reuters) – The benchmark S&P 500 index ended little changed on Monday after oscillating between positive and negative…
Wall St. notches all-time highs on lingering rate-cut optimism
NEW YORK (Reuters) – All three major indexes posted record closing highs on Friday as firm expectations for an interest-rate…
U.S. federal judge orders FDA to implement 10-month deadline for e-cig applications
FILE PHOTO: A woman holds a Juul e-cigarette while walking in New York, U.S., September 27, 2018. REUTERS/Brendan McDermid (Reuters)…
U.S. appeals court blocks Trump administration birth control exemptions
(Reuters) – A federal appeals court on Friday blocked the Trump administration from enforcing new rules allowing employers to obtain…
Democrats take aim as Trump abandons drug pricing plan
WASHINGTON (Reuters) – Democrats see U.S. President Donald Trump becoming increasingly vulnerable to criticism about healthcare costs after the administration’s…
Deutsche Bank to layoff 126 New York staff as part of restructuring
Signage is seen on the lobby of the U.S. headquarters of Deutsche Bank in New York City, U.S., July 8,…
Wall Street banks bailing on troubled U.S. farm sector
CHICAGO/WASHINGTON (Reuters) – In the wake of the U.S. housing meltdown of the late 2000s, JPMorgan Chase & Co hunted…
Mexico says trade deal dispute panel fix must be ‘across the board’
FILE PHOTO: Mexico’s Deputy Foreign Minister for North America, Jesus Seade reacts during the delivery of the United States-Mexico-Canada Agreement…
S&P 500, Dow climb as health insurers, financials gain
NEW YORK (Reuters) – The Dow and S&P 500 rose on Thursday to close at record highs as health insurers…
Bostic: Fed’s focus is its mandates not market pricing for rate cuts
ATLANTA (Reuters) – Strong market expectations of an upcoming Fed rate increase are not a reason for the central bank…
Fed’s Powell affirms rate cut view; others see U.S. economy humming
ATLANTA/VICTOR, Idaho (Reuters) – As Federal Reserve Chair Jerome Powell kept the focus Thursday on global risks that could trigger…
June imports fall at top U.S. hub for China ocean trade
LOS ANGELES (Reuters) – The Los Angeles and Long Beach port complex, the nation’s busiest and the No. 1 for…
Lawmakers seek scientific review of plan to tightly regulate all fentanyl copycats
WASHINGTON (Reuters) – Lawmakers on the U.S. Senate Judiciary Committee have urged the Trump administration to conduct a scientific review…
White House scraps key plan to lower U.S. drug prices; may target drugmakers
NEW YORK/WASHINGTON (Reuters) – The Trump administration on Thursday scrapped one of its most ambitious proposals for lowering prescription medicine…
Appeals court panel grills Democratic defenders on constitutionality of Obamacare
NEW ORLEANS (Reuters) – A federal appeals court panel grilled Democratic attorneys general on Tuesday about whether Obamacare violates the…
Trump administration drug officials clash over how to combat fentanyl copycats
WASHINGTON (Reuters) – Trump administration officials are divided over part of a proposal to crack down on illicit versions of…
U.S. judge strikes down Trump administration rule requiring drug prices in TV ads
(Reuters) – A federal judge on Monday dealt a blow to the Trump administration by striking down a new rule…
Obamacare’s future in play as U.S. appeals court weighs its constitutionality
NEW ORLEANS (Reuters) – The future of Obamacare could be at stake on Tuesday when a group of Democratic-led states…
Mexico and U.S. try new trade fix to win over Democrats: official
MEXICO CITY (Reuters) – Mexico is working closely with U.S. Trade Representative Robert Lighthizer to close a loophole in the…
Fed faces tougher task in deciding whether to cut U.S. rates
NEW YORK (Reuters) – U.S. employers are hiring workers, but that is only making the Federal Reserve’s job harder. On…
Fugitive U.S. tech guru: Cryptocurrency is next Cuban revolution
HAVANA (Reuters) – On the run from U.S. tax authorities, tech guru John McAfee puffs a cigar aboard his towering…
Wall Street dips as rate cut expectations relax
(Reuters) – U.S. stocks dipped on Friday, as the S&P 500 snapped a three-day streak of record closes, following an…
Buoyant U.S. stocks at odds with downbeat market signals
NEW YORK (Reuters) – Even as record highs this week in the major U.S. stock indexes telegraph confidence on Wall…
U.S. job growth surges, July rate cut expectations intact
WASHINGTON (Reuters) – U.S. job growth rebounded strongly in June, with government payrolls surging, but persistent moderate wage gains and…
U.S. asks federal court to throw out Huawei lawsuit
The Huawei logo is pictured on the company’s stand during the ‘Electronics Show – International Trade Fair for Consumer Electronics’…
Major companies call on U.S. Supreme Court to rule in favor of LGBT workers
(Reuters) – More than 200 U.S. companies, including Amazon (AMZN.O), Alphabet Inc’s Google (GOOGL.O), and Bank of America (BAC.N), on…
Scottish government ‘deeply concerned’ whisky involved in U.S.-EU trade dispute
LONDON (Reuters) – The Scottish government said on Tuesday it is “deeply concerned” about Scotch whisky being implicated in a…
Scotch Whisky Association urges U.S. and EU to end trade stand-off
FILE PHOTO: Bottles of single malt scotch whisky Glenmorangie, part of Glenmorangie plc co-owned by LVMH and Diageo, are pictured…
Rich get richer, everyone else not so much in record U.S. expansion
NEW YORK (Reuters) – Last month Pink Floyd frontman David Gilmour sold his guitar collection for $21.5 million, including one…
White House’s Navarro says China trade deal will take time: CNBC
WASHINGTON (Reuters) – White House trade adviser Peter Navarro said on Tuesday U.S. trade talks with China are heading in…
U.S. June sales a mixed bag for automakers; SUVs, trucks still strong
(Reuters) – Major automakers on Tuesday posted mixed U.S. sales results for June and the second quarter, with demand still…
Wall Street looks to earnings after strongest June in decades
NEW YORK (Reuters) – On the heels of the S&P 500’s best June performance in more than six decades, investors…
Stocks edge higher as trade enthusiasm wanes
NEW YORK (Reuters) – U.S. stocks managed modest gains on Tuesday after holding near the unchanged mark for much of…
Trade hopes lift S&P to record as tech leads
NEW YORK (Reuters) – U.S. stocks climbed on Monday, but finished off earlier highs, led by gains in technology stocks…
Trump says any China trade deal would need to be somewhat tilted in U.S. favor
WASHINGTON (Reuters) – President Donald Trump said on Monday that trade talks with China were under way and any deal…
USTR proposes $4 billion in potential additional tariffs over EU aircraft subsidies
WASHINGTON (Reuters) – Just days after reaching a truce in the U.S.-China trade war, the U.S. government on Monday ratcheted…
U.S. recorded 18 new cases of measles last week
FILE PHOTO: Lead medical assistant Fengmei Lin holds a vial of the measles, mumps, and rubella virus (MMR) vaccine at…
U.S. states sue EPA for stricter asbestos rules
(Reuters) – Ten U.S. states and Washington, D.C. sued the Environmental Protection Agency to begin working on rules to tighten…
China warns of long road ahead for deal with U.S. after ice-breaking talks
BEIJING/OSAKA (Reuters) – China and the United States will face a long road before they can reach a deal to…
White House official: New sales to China’s Huawei to cover only widely available goods
WASHINGTON (Reuters) – President Donald Trump’s decision to allow expanded sales of U.S. technology supplies to Chinese telecommunications giant Huawei…
Real estate stocks have room to gain, residential in favor
(Reuters) – The once-sleepy U.S. real estate sector could be poised to continue its revival into the second half of…
U.S. stock futures jump after U.S. and China agree to resume trade talks
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June 24, 2019. REUTERS/Brendan…
U.S. federal court delays adoption of healthcare rule on abortion
FILE PHOTO – A imaging table inside the Reproductive Health Services of Planned Parenthood St. Louis Region, Missouri’s sole abortion…
U.S.-China trade talks: where they are and what’s at stake
(Reuters) – U.S. President Donald Trump and Chinese President Xi Jinping are due to meet on Saturday at the Group…
U.S. banks play cat-and-mouse game with Fed on capital returns
NEW YORK/WASHINGTON (Reuters) – An annual stress test of banks introduced by U.S. regulators after the 2007-09 financial crisis to…
Halfway through 2019, tech leads on Wall Street
SAN FRANCISCO (Reuters) – Technology stocks are Wall Street’s top performers as 2019 hits half-way, with investors betting on lower…
Explainer: U.S.-China trade war – the levers each country can pull
WASHINGTON (Reuters) – President Donald Trump and Chinese President Xi Jinping will seek to revive talks to end a trade…
Shares in big banks climb as Fed approves capital plans
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June 17,…