China’s rise must not hurt EU economy, says EU’s trade chief
Item 1 of 2 European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium March 18,…
If AI is a bubble, the economy will pop with it
LONDON, Oct 1 (Reuters) – The old truism that the stock market is not the economy risks underplaying…
US Justice Department probes Des Moines schools for race-based hiring practices
Justice Department cites Title VII of Civil Rights ActTrump has sought to dismantle DEI policiesDes Moines school superintendent…
Yemen’s Houthis say they will target US oil firms with sanctions
Yemen’s Houthis sanction 13 U.S. oil firms, including Exxon Mobil, Chevron, ConocoPhillipsSanctions list also includes company CEOsUnclear if…
Oil settles lower as investors brace for possible OPEC+ output hike
OPEC+ plans larger increase to output in November, sources sayIraq’s Kurdistan crude oil flows via Turkey resumeNetanyahu supports…
ECB’s Nagel urges Europe to back Fed’s independence against Trump
Nagel urges Europe to support Fed’s independence amid Trump’s attacksTrump’s actions seen as undermining democracy and joint values,…
Trump warns Democrats of ‘irreversible’ actions in government shutdown
Senate vote on temporary spending bill expected to fail againDemocrats push for health benefits extension amid shutdown threatTrump…
Hamas under pressure as Trump issues deadline on Gaza peace plan
Hamas reviews Trump’s 20-point Gaza peace planTrump says Hamas has 3–4 days to accept U.S.-backed Gaza planPlan includes…
Trade war storm buffets the Fed ever harder
U.S. Federal Reserve Chair Jerome Powell gestures during a press conference following the issuance of the Federal Open…
Trump’s trade war promises no real endgame
U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington,…
S&P 500 nears record high on Israel-Iran ceasefire hopes
Indexes up: Dow 1%, S&P 500 1%, Nasdaq 1.35%FedEx rises ahead of quarterly resultsAtlanta Fed chief says no…
Nippon Steel’s US win sets bad Japan M&A precedent
Nippon Steel logo is displayed at the company’s headquarters in Tokyo, Japan, April 1, 2024. REUTERS/Issei Kato/File Photo…