Business News

BEIJING (Reuters) — From Meta to Tesla and BlackRock, the U.S. business delegation for President Donald Trump’s summit with Chinese leader Xi Jinping this week consists mainly of companies seeking to resolve business issues with ​the world’s second-largest economy.

WASHINGTON (Reuters) — The ongoing war with Iran and its shock ​to oil prices and supplies have rocketed to the top of the list of concerns for financial stability, according to ‌a semi-annual Federal Reserve report released on Friday.

WASHINGTON (Reuters) — U.S. employment increased more than expected in April, pointing to labor market stability and reinforcing expectations the Federal Reserve would keep interest rates unchanged for some time as the war with Iran fans inflation.

NEW YORK (Reuters) — A U.S. trade court dealt another blow to President Donald Trump’s tariff strategy, ruling that his latest 10% temporary global duties are unjustified under a 1970s trade law, but blocked the levies only for two private importers and the State of Washington.

SINGAPORE (Reuters) — Asian stocks soared to record highs on Thursday while the U.S. dollar slipped and oil nursed steep ​losses as traders embraced the prospect of a peace deal in the Middle East, although the fate of the critical Strait of ‌Hormuz remains unresolved.

“Guam is open for business, and our participation at SelectUSA is a testament to our commitment to bringing world-class investment to our island. Engaging directly with Secretary Lutnick and hearing his vision for American commerce reinforces that Guam is not just a strategic military asset —…

SINGAPORE/LONDON (Reuters) — Global stocks rose on Tuesday, taking some heart from a series of robust earnings, while simmering hostilities between the U.S. ​and Iran over the Strait of Hormuz kept the oil price well above $100 a barrel.

SINGAPORE (Reuters) — Oil prices eased on Monday after President ‌Donald Trump said the United States would begin an effort to assist ships stranded in the Strait of Hormuz, but the lack of a U.S.-Iran peace deal kept the market supported above $100.

WASHINGTON (Reuters) — Bankrupt ​discount carrier Spirit Airlines ceased operations on Saturday, the industry’s first casualty linked to the Iran war, after failing to secure creditor support for a U.S. government bailout plan.

WASHINGTON (Reuters) — Beijing rolled out new trade rules this month that have alarmed U.S. businesses and which analysts say could seriously undercut American efforts to reduce supply chain dependence on China.