By Karin Strohecker and Rodrigo Campos WASHINGTON (Reuters) -The International Monetary Fund on Tuesday cut its 2025 growth outlook for…
Citi expects higher effect of tariffs on growth in second half, puts recession odds close to 45%
By Tatiana Bautzer NEW YORK (Reuters) -Citigroup’s Chief Economist Nathan Sheets said on Tuesday the U.S. has a 40% to…
FTC accuses Uber of misleading subscribers
By Jody Godoy WASHINGTON (Reuters) – The U.S. Federal Trade Commission on Monday sued Uber Technologies, accusing it of signing…
NY Fed finds Americans trimming back wage expectations for new jobs
By Michael S. Derby NEW YORK (Reuters) -Americans’ view on labor markets soured in March as respondents to a Federal…
Tesla settles wrongful death lawsuit claiming sudden acceleration in Ohio crash
By Mike Scarcella (Reuters) -Elon Musk’s electric vehicle company Tesla has agreed to settle a wrongful death lawsuit filed by…
China retreats from US private equity investments, FT reports
(Reuters) -China’s state-backed funds are pulling back from investing in the funds of U.S.-headquartered private capital firms amid an escalating…
DHL to suspend global shipments of over $800 to US consumers
BEIJING (Reuters) -DHL Express, a division of Germany’s Deutsche Post, said it would suspend global business-to-consumer shipments worth over $800…
China’s US envoy urges end to trade war, but warns Beijing ready to fight
By Lewis Jackson (Reuters) -China’s ambassador to the United States, Xie Feng, has urged Washington to seek common ground with…
Nvidia CEO stresses importance of China market in Beijing visit, Chinese state media reports
BEIJING (Reuters) – Nvidia CEO Jensen Huang said on Thursday that China was a very important market for Nvidia after…
Exclusive-Tesla to delay US launch of affordable EV, a lower-cost Model Y, sources say
By Abhirup Roy, Aditi Shah, Hyunjoo Jin SAN FRANCISCO/NEW DELHI/SEOUL (Reuters) -Tesla’s long-awaited plans for an affordable car include a…