By Ann Saphir (Reuters) -Chicago Federal Reserve Bank President Austan Goolsbee said on Wednesday he is uneasy assuming that tariffs…
Year: 2025
US deficit grows to $291 billion in July despite surge in tariff revenue
(Reuters) -The U.S. government’s budget deficit grew nearly 20% in July to $291 billion despite a $21 billion jump in…
Trump wants to evict homeless from Washington and send them ‘far from the capital’
By Bo Erickson and Nandita Bose WASHINGTON (Reuters) -President Donald Trump pledged on Sunday to evict homeless people from the…
Ukraine’s Zelenskiy rejects land concessions ahead of Trump-Putin talks
By Olena Harmash and Suban Abdulla KYIV/LONDON (Reuters) -Ukraine will not cede its land, President Volodymyr Zelenskiy said on Saturday,…
New York Fed finds rise in longer-run expected inflation in July
By Michael S. Derby (Reuters) -Americans’ longer-term inflation outlook deteriorated in July even as households boosted their views on the…
Google commits $1 billion for AI training at US universities
By Kenrick Cai SAN FRANCISCO (Reuters) -Alphabet’s Google on Wednesday announced a three-year, $1 billion commitment to provide artificial intelligence…
Uber in talks with banks, private equity firms to fund robotaxi expansion
By Akash Sriram (Reuters) -Uber is in talks with private equity firms and banks to secure funds to build its…
Irish tax take boosted by another jump in corporate receipts
DUBLIN (Reuters) -Ireland collected 1.2 billion euros ($1.4 billion) of corporate tax in July, over three times as much as…
Brazil files WTO request for consultation over US tariffs, source says
BRASILIA (Reuters) -Brazil’s government has filed a request for consultations at the World Trade Organization over the tariffs imposed by…
Biden-era appointees could stymie Trump’s effort to reshape Fed
By Howard Schneider WASHINGTON (Reuters) -President Donald Trump’s coming nomination of a new member of the Federal Reserve’s Board of…