Business

Fed should 'tread with caution' on rate cuts, Musalem says

Fed should 'tread with caution' on rate cuts, Musalem says

By Ann Saphir (Reuters) -St. Louis Federal Reserve President Alberto Musalem on Friday said he sees possible room for one…

October 11, 2025

US senator seeks telecom firms' data on lawmakers from probe of Jan 6 capitol riots

By David Shepardson WASHINGTON (Reuters) -Republican U.S. Senator Marsha Blackburn wants the CEOs of AT&T, Verizon and T-Mobile to disclose…

October 11, 2025

Trump sees no reason to meet China's Xi, threatens tariffs in new rift

By Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Donald Trump threatened to hike tariffs on Chinese exports and cancel a meeting…

October 11, 2025

Fed can address job market weakness with normal-sized rate cuts, Waller tells CNBC

By Howard Schneider WASHINGTON (Reuters) - Federal Reserve Governor Christopher Waller said on Friday that private data shows the job…

October 11, 2025

Apple sued over use of copyrighted books to train Apple Intelligence

By Blake Brittain (Reuters) -Apple was hit with a lawsuit in California federal court by a pair of neuroscientists who…

October 10, 2025

Trump to announce US drug pricing deal at White House, MSNBC says it's with AstraZeneca

By Jarrett Renshaw WASHINGTON (Reuters) -President Donald Trump is expected to make an announcement on Friday about lowering U.S. drug…

October 10, 2025

Venture Global sinks as BP's arbitration win renews worries over pending disputes

By Vallari Srivastava and Curtis Williams (Reuters) -Venture Global shares plunged 21% on Friday to their lowest level in nearly…

October 10, 2025

China opens antitrust probe into Qualcomm over its Autotalks deal

BEIJING (Reuters) -China has launched an antitrust investigation into U.S. semiconductor manufacturer Qualcomm over its acquisition of Israel's Autotalks, China's…

October 10, 2025

Goldman Sachs expects copper price to remain in $10,000-$11,000/t price range in 2026/2027

(Reuters) -Copper prices are expected to stay in a range of $10,000-$11,000 per metric ton in 2026/2027 due to a…

October 10, 2025

Pemex overhauling multiple units at Deer Park, Texas, refinery, sources say

By Erwin Seba HOUSTON (Reuters) -Mexico's national oil company Pemex completed the shutdown of multiple units at its 312,500-barrel-per-day Deer…

October 10, 2025