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Fed slashes rates again to shore up economy as coronavirus spreads

(Reuters) – The Federal Reserve unexpectedly cut interest rates on Sunday for the second time in less than two weeks, an emergency move to help shore up the U.S. economy as a coronavirus pandemic spreads worldwide. In a statement, the central bank said it was ... More »

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Instant View: U.S. June payrolls gain more than expected

(Reuters) – U.S. job growth increased more than expected in June as manufacturers stepped up hiring, but steady wage gains pointed to moderate inflation pressures that should keep the Federal Reserve on a path of gradual interest rate increases. Nonfarm payrol... More »

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Instant View: U.S. triggers China tariffs, fuels fears of…

SINGAPORE/NEW YORK (Reuters) – The United States and China slapped tit-for-tat duties on $34 billion worth of each other’s imports on Friday, with Beijing accusing Washington of triggering the “largest-scale trade war” as the world’s two biggest economies shar... More »

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Trump promises tax relief, immigration overhaul in Congress address

President Donald Trump pumps his fist as he arrives at the podium. REUTERS/Jonathan Ernst President Donald Trump opened the door on Tuesday to a broad overhaul of the U.S. immigration system and vowed to pursue massive tax relief for the middle class in a spee... More »

Facebook launches instant articles for Android users

Facebook Inc said on Wednesday it launched its instant articles service for Android users which allows media firms to publish articles directly to the social network’s news feeds. The service involves more than 350 publications worldwide including the New York... More »