Category Archives:
Fed grappling with impact of tariffs as it ponders rate decisions, Goolsbee says
(Reuters) -Chicago Federal Reserve President Austan Goolsbee said on Wednesday the U.S. central bank is grappling with understanding whether tariffs will push up inflation just temporarily or more per...
Aug 13, 2025
US container imports may have peaked in July, chief of busiest seaport says
By Lisa Baertlein LOS ANGELES (Reuters) -Ocean imports to the United States may have peaked in July after retailers raced to bring in goods from China and elsewhere to avoid potentially hefty tariffs ...
Aug 13, 2025
Tapestry quarterly revenue likely rose 5.5% as Coach bags drew young shoppers
By Samantha Marshak -Tapestry kept up a brisk pace of sales in the April-June quarter, with revenue likely growing 5.5%, thanks to growing demand for its stylish handbags that are more affordable than...
Aug 13, 2025
Bank of Canada divided on impact of monetary policy given tariffs, say minutes
By Promit Mukherjee and David Ljunggren OTTAWA, Aug 13 (Reuters) - Ahead of the Bank of Canada's July 30 interest rate decision, governors were divided on how much monetary policy could aid growth und...
Aug 13, 2025
US issues sanctions against Mexican cartel fraud scheme in Puerto Vallarta
(Reuters) -The U.S. government imposed sanctions on Wednesday on individuals and companies based in or near Puerto Vallarta accused of running timeshare fraud schemes on behalf of Mexico-based Jalisco...
Aug 13, 2025
S&P 500, Nasdaq hover near record highs on September rate cut hopes
By Johann M Cherian and Sanchayaita Roy (Reuters) - The benchmark S&P 500 and the Nasdaq hovered near record highs on Wednesday as investors were increasingly confident that the Federal Reserve could ...
Aug 13, 2025
Trump says he will name new Fed chair 'a little bit earlier'
WASHINGTON (Reuters) -U.S. President Donald Trump on Wednesday said he had narrowed down his pick for the next Federal Reserve chair to three or four names and would make the names public "a little bi...
Aug 13, 2025
Trump says he is willing to meet Democratic leadership ahead of September funding deadline
WASHINGTON (Reuters) -U.S. President Donald Trump said on Wednesday he would be willing to meet with Senate Democratic leader Chuck Schumer and Democratic House Minority leader Hakeem Jeffries ahead o...
Aug 13, 2025
Trump says Congress needs to pass crime bill, including 30-day extension of D.C. takeover
(Reuters) -U.S. President Donald Trump said on Wednesday that Congress will need to pass a bill to address crime and that the legislation should include an extension to the 30-day limit on federal pol...
Aug 13, 2025
Trafigura withdraws zinc from LME warehouses, some for shipment to US, sources say
By Pratima Desai and Lewis Jackson LONDON/BEIJING (Reuters) -Commodity trader Trafigura is taking large amounts of zinc stored in London Metal Exchange approved warehouses in Singapore and shipping so...
Aug 13, 2025
Peoria, IL, USA
78 °F Thundery outbreaks in nearby
