(Reuters) – Federal Reserve Bank of Chicago President Austan Goolsbee said Friday that while he’s not ready to explicitly call for a central bank rate cut, monetary policy is quite tight and is no longer aligned with current economic conditions. “I usually don’t like saying, tying our hands before a meeting, but I’ve been saying…
By Ismail Shakil and Stephanie Kelly (Reuters) -Independent presidential candidate Robert F. Kennedy Jr. abandoned his campaign on Friday and endorsed Republican Donald Trump, ending a presidential bid that he began as a Democrat trading on one of the most famous names in American politics. Strategists said it was unclear whether Kennedy’s endorsement would help…
By Dietrich Knauth and Mike Spector NEW YORK (Reuters) – Johnson & Johnson said on Friday it is negotiating with plaintiffs’ lawyers who have opposed the company’s proposed settlement of lawsuits alleging its baby powder and other talc products caused cancer, seeking to eliminate holdouts to the deal. J&J has announced plans to finalize a…
(Reuters) – Apple is planning its biggest product launch event of the year on Sept. 10, during which it will unveil the latest iPhones, watches and AirPods, Bloomberg News reported on Friday, citing people familiar with the situation. The company is making preparations for that date, even though the timing has not yet been announced,…
