China wants weaker US dollar as reserve currency, says Biden economist nominee
WASHINGTON (Reuters) – There was “some evidence” that China wants the dollar to weaken as the international reserve currency, said…
Business
Pilots at Canada’s WestJet Airlines approve possible strike action
By Allison Lampert (Reuters) -WestJet Airlines pilots on Tuesday voted for possible strike action as early as May 16, underscoring…
Fed likely to hike rates one more time and then hold steady, Bostic says
By Michael S. Derby (Reuters) -The U.S. central bank most likely has one more interest rate rise ahead of it…
US Supreme Court weighs key standard in whistleblower fraud cases
By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Tuesday considered a bid by three whistleblowers to revive lawsuits…
Yellen to lay out U.S. economic priorities on China in Thursday speech
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday will lay out the Biden administration’s principal objectives for the…
White House closely tracking commercial real estate -White House economist
By Andrea Shalal WASHINGTON (Reuters) -The White House on Tuesday said it is closely tracking developments in commercial real estate…
Goldman Sachs profit falls on sluggish deals and bond trading, Marcus loss
By Niket Nishant and Nupur Anand (Reuters) -Goldman Sachs Group Inc’s profit fell 19% as dealmaking and bond trading slumped…
Nvidia surges to year high after bearish HSBC analyst capitulates
By Noel Randewich (Reuters) – Nvidia’s stock jumped to its highest in a year on Tuesday, extending a recent rebound…
Burger King looks to viral jingle to lift sales in choppy economy
By Hilary Russ NEW YORK (Reuters) – Burger King is banking on its viral “Whopper Whopper” jingle to lift sales…
Boeing 737 MAX production ramp up will continue despite delivery pause
By Valerie Insinna and Nathan Gomes WASHINGTON (Reuters) -Boeing Co still plans to ramp up production of its best-selling 737…