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Fed should stop raising rates, at least in June -Harker

Fed should stop raising rates, at least in June -Harker

Jun 1, 2023 | Business, Economy, Politics, US

By Ann Saphir (Reuters) – U.S. central bankers should not raise interest rates at their next meeting, Philadelphia Federal Reserve President Patrick Harker said on Thursday, even though high inflation is coming down at a “disappointingly slow” pace....
Elon Musk’s whirlwind China trip included talks with vice premier

Elon Musk’s whirlwind China trip included talks with vice premier

Jun 1, 2023 | Asia, Business, Economy, Politics, Top News, US

SHANGHAI (Reuters) -Tesla Inc Chief Executive Elon Musk departed Shanghai on Thursday, wrapping up a two-day trip to China in which he met senior Chinese government officials including the highest-ranking vice premier. Photos and a video of Musk’s visit late...
US review of China tariffs won’t depend on trade ‘breakthrough’-Deputy USTR

US review of China tariffs won’t depend on trade ‘breakthrough’-Deputy USTR

May 30, 2023 | Asia, Business, Economy, Politics, Top News, US

By David Lawder DETROIT (Reuters) -The United States is taking an analytical approach to its review of whether to keep tariffs on Chinese goods in place and will not base outcomes on any “breakthrough” in U.S.-China trade relations, Deputy U.S. Trade...
Investors react to tentative US debt ceiling deal

Investors react to tentative US debt ceiling deal

May 29, 2023 | Business, Economy, Politics, Top News, US

NEW YORK (Reuters) – U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to suspend the federal government’s $31.4 trillion debt ceiling, ending a months-long stalemate. But the deal still faces a...
Analysis-Debt deal welcomed by investors, though risks loom

Analysis-Debt deal welcomed by investors, though risks loom

May 29, 2023 | Business, Economy, Politics, US

By Laura Matthews, Chibuike Oguh and Herbert Lash (Reuters) -Global investors are gaming out how a tentative deal to raise the United States debt ceiling could ripple through markets, as lawmakers strive to pass the agreement through Congress before a June 5 deadline....
NATO head urges Kosovo to ease tensions with Serbia

NATO head urges Kosovo to ease tensions with Serbia

May 28, 2023 | Europe, Politics, Top News

By Sabine Siebold BRUSSELS (Reuters) -NATO chief Jens Stoltenberg called on Kosovo to tone down tensions with Serbia on Sunday, two days after clashes between Kosovan police and protesters who are opposed to Albanian mayors taking office in ethnic Serbian areas....
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