Aug 23, 2019 2:19
Federal Reserve Chairman Jerome Powell used a highly-anticipated speech to hint the Fed will cut interest again to ensure the U.S. economy continues to grow but offered little clues on when the next cut will come. Conway G. Gittens reports.
Aug 23, 2019 2:20
President Donald Trump made good on a threat to escalate the trade war between the U.S. and China by jacking up planned tariffs on $550 billion worth of Chinese-made goods in retaliation for Beijing's announcement of tariffs on $75 billion worth of U.S. products.
Aug 23, 2019 1:22
Chinese technology giant Huawei said on Friday the impact of U.S. trade restrictions on its business will be less than what it initially feared, though the curbs could push its smartphone unit’s revenue lower by about $10 billion this year.
Aug 23, 2019 1:41
African swine fever is decimating China's pig herds, bad news in a country where pork accounts for more than 60% of the meat consumed. But the crisis is making room for another industry: poultry.
Overstock shares surged 9% on Thursday after Chief Executive Officer Patrick Byrne resigned, saying distraction and fallout related to his involvement in a Federal Bureau of Investigation Russian espionage probe made it difficult for him to lead the online retailer.
Aug 22, 2019 1:38
Large telecom companies and attorneys general from every state unveil a new pact for combating robocalls, the latest step toward cutting off such calls before they reach a consumer’s phone.
Aug 22, 2019 1:59
Shares of Boeing jumped Thursday after sources told Reuters exclusively of the planemaker's plans to ramp-up production of its grounded 737 MAX jet to record levels by next summer as it anticipates receiving regulatory approval to put the plane back in the air.
Aug 21, 2019 2:21
Federal Reserve Chairman Jerome Powell delivers a closely-watched speech this week amid mounting pressure to signal more rate cuts are in the works to avoid a recession.
Aug 21, 2019 1:56
Brexit Britain's overtures to U.S. President Donald Trump risk complicating the search for common ground this weekend at a G7 summit overshadowed by a trans-Atlantic rift over trade, Iran and climate change. Francis Maguire reports.
Aug 21, 2019 1:34
Sources have revealed to Reuters that China's tech titan Alibaba will delay its listing on the Hong Kong stock exchange, saying "it would certainly annoy Beijing" at a time of pro-democracy protests.
Aug 20, 2019 1:42
President Trump on Tuesday said his administration was considering tax cuts, amid media reports the White House is working on a contingency plan to stave off the possibility of an economic recession, but only if needed.
Aug 20, 2019 1:18
Connected devices are challenging consoles at the world’s largest online gaming fair, Gamescom, as hundreds of thousands of fans jostle to see top e-sports stars in action and give feedback that can decide whether a new release is a hit or a flop. Francis Maguire reports.