At APEC trade meeting, union leaders call for new ‘balance’ with China
By Joseph White DETROIT (Reuters) – U.S. trade policy with China and other nations must strike a more equitable balance…
Economy
TikTok tests AI chatbot ‘Tako’ in the Philippines
By Josh Ye HONG KONG (Reuters) -Social media platform TikTok said on Thursday it is in the early stages of…
Biden says he, McCarthy had productive talks on debt ceiling
WASHINGTON (Reuters) – U.S. President Joe Biden said he has had several productive conversations with House Speaker Kevin McCarthy in…
Bank of England’s Haskel says policy should lean against sticky inflation
By David Milliken LONDON (Reuters) -The Bank of England needs to push back against the risk that high inflation proves…
JPMorgan not renewing First Republic customers’ personal credit lines -source
By Jaiveer Shekhawat and Manya Saini (Reuters) -JPMorgan Chase & Co has told clients with personal credit lines at First…
US Supreme Court curbs states’ property tax ‘windfall’
By Andrew Chung (Reuters) -The U.S. Supreme Court on Thursday curbed state and local governments from seizing and selling the…
US debt default would impact military readiness, morale: top US general
WASHINGTON (Reuters) – A debt default would deal significant, unambiguous damage to US national security, negatively impacting military readiness, morale…
Bank of America redeploys 40 Asia bankers as China dealmaking stalls
HONG KONG (Reuters) – Bank of America Corp has told around 40 bankers in Asia to look for new roles…
McCarthy says he spoke with Trump about US debt ceiling talks
WASHINGTON (Reuters) – Republican U.S. House of Representatives Speaker Kevin McCarthy said on Thursday he spoke briefly with former President…
US labor market resilient; declining profits a red flag for economy
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased moderately last week…