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03 Oct

Trump civil fraud trial enters second day as business empire hangs in balance

Donald Trump’s civil trial continues in Manhattan on Tuesday in a case that threatens to dismantle parts of the former U.S. president’s business empire and sharply curtail his ability to do business in New York.

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02 Oct

Fed's Mester says one more U.S. rate hike may be needed

Federal Reserve Bank of Cleveland President Loretta Mester said Monday that the U.S. central bank most likely isn’t done raising interest rates amid ongoing inflation pressures.

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02 Oct

Elon Musk's X hit with trademark lawsuit from marketing agency

X Corp, formerly known as Twitter, was sued in federal court in Florida on Monday by a legal-marketing company that claims the social media giant's new name infringes its trademark incorporating the letter "X."

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02 Oct

Fed chief Powell has warned of economic pain. In York, Pa., he heard all about it

After helping build a floor under the economy during the pandemic only to put a squeeze on it as inflation soared, Federal Reserve Chair Jerome Powell on Monday faced a public he'd warned would go through painful times as the central bank hiked interest rates.

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02 Oct

US expands, upgrades probe into 708,000 Ford SUVs, trucks over engine failures

WASHINGTON (Reuters) -The National Highway Traffic Safety Administration (NHTSA) said on Monday it was upgrading and expanding its investigation into 708,000 Ford Motor sport utility vehicles and trucks over catastrophic engine failures tied to a faulty valve.

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02 Oct

Criminal trial of US Senator Bob Menendez set for May 6

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02 Oct

US expands, upgrades probe into 708,000 Ford SUVs over engine failures

The National Highway Traffic Safety Administration said on Monday it is upgrading and expanding its investigation into 708,000 Ford Motor sport utility vehicles over catastrophic engine failures tied to a faulty valve.

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  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
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