Japan downgrades Q4 GDP, US tariffs cloud outlook

By Satoshi Sugiyama TOKYO (Reuters) -Japan’s economy expanded in the October-December quarter at a slower pace than initially reported, weighed by weaker consumption but still likely supporting the case for further interest rate hikes. At the same time, government officials and analysts expressed concern about risks from U.S. President Donald Trump’s tariff policies and soft…

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Judge will not order Trump administration to restore canceled foreign aid contracts

By Brendan Pierson (Reuters) -A federal judge on Monday declined to order President Donald Trump’s administration to restore thousands of foreign aid contracts and grants that have been canceled since the president took office, though he found that the administration must speed up payments of close to $2 billion for already completed work. The ruling…

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