[ad_1] (Reuters) – Federal Reserve Chairman Jerome Powell, in his early days on the U.S. central bank’s board of governors, argued frequently and forcefully for an end to the bond purchases undertaken to support the
Cheaper gasoline weighs on U.S. consumer prices in December
[ad_1] WASHINGTON (Reuters) – U.S. consumer prices fell for the first time in nine months in December amid a plunge in gasoline prices, but underlying inflation pressures remained firm as rental housing and healthcare costs
SpaceX to layoff 10 percent of workforce
[ad_1] (Reuters) – Elon Musk’s rocket company SpaceX will reduce its workforce by about 10 percent of the company’s more than 6,000 employees, it said on Friday. An exterior of the SpaceX headquarters in Hawthorne,
U.S. to seek comprehensive agriculture access in EU trade talks
[ad_1] WASHINGTON (Reuters) – The United States on Friday signalled it would not bow to the European Union’s request to keep agriculture out of planned U.S.-EU trade talks, publishing negotiating objectives that seek comprehensive EU
SpaceX to lay off about 10 percent of its workforce – LA Times
[ad_1] FILE PHOTO: The SpaceX headquarters is shown in Hawthorne, California, U.S. September 19, 2018. REUTERS/Mike Blake/File Photo (Reuters) – Elon Musk’s SpaceX will lay off about 10 percent of its more than 6,000 employees,
Huawei Canada executive leaves post as scrutiny of company grows
[ad_1] NEW YORK/OTTAWA (Reuters) – One of Huawei Canada’s top executives on Friday disclosed he was leaving his post after more than seven years with the Chinese telecommunications equipment maker, which is facing heightened scrutiny
If U.S. again risks default, Fed has ‘loathsome’ playbook
[ad_1] SAN FRANCISCO (Reuters) – Should political deadlock in Washington again bring the world’s biggest economy to the brink of a debt default, the U.S. central bank has a playbook that includes options one policymaker
Wall Street’s five-day rally stumbles ahead of earnings
[ad_1] (Reuters) – Falling energy shares late on Friday jeopardized continuation of Wall Street’s five-session rally as investors looked ahead to earnings season, which will kick off with Citigroup, JPMorgan and other big banks next
Apple considered Samsung, MediaTek to supply 5G modems for 2019 iPhones
[ad_1] FILE PHOTO: People look at iPhones at the World Trade Center Apple Store during a Black Friday sales event in Manhattan, New York City, U.S., Nov. 23, 2018. REUTERS/Andrew Kelly/File Photo (Reuters) – Apple
Spanish draft budget ups social spending, taxes rich in vote hunt
[ad_1] MADRID (Reuters) – Spain’s minority Socialist government rolled out its 2019 budget proposal on Friday, promising to slash the deficit but boost social spending in a bid to please voters who may have to