Business News

Stocks rise as investors cling to hopes for US rate cuts

German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 29, 2025. REUTERS SYDNEY/LONDON (Reuters) — Global stocks rose on Monday, boosted by the prospect of lower interest rates, after a weak U.S. jobs report prompted a dramatic re-assessment of the rate out…
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US labor market cracks widen as job growth hits stall speed

A tractor trailer advertising job opportunities in the trucking industry drives south on Interstate 81 near Staunton, Virginia, Jan. 22, 2022. REUTERS WASHINGTON (Reuters) — U.S. employment growth was weaker than expected in July while the nonfarm payrolls count for the prior two months was revised…
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Fed to hold rates steady despite Trump’s push for big cuts

President Donald Trump and Federal Reserve Chair Jerome Powell speak during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., July 24, 2025. REUTERS WASHINGTON (Reuters) — The Federal Reserve is expected to leave interest rates unchanged o…
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US and EU avert trade war with 15% tariff deal

President Donald Trump shakes hands with European Commission President Ursula von der Leyen, in Turnberry, Scotland, Britain, July 27, 2025. REUTERS TURNBERRY, Scotland (Reuters) — The U.S. struck a framework trade agreement with the European Union on Sunday, imposing a 15% import tariff on most EU…
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US business delegation to visit China: report

Sean Stein, president of the U.S.-China Business Council, attends a meeting with Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, March 28, 2025. REUTERS (Reuters) — A high-level delegation from the U.S.-China Business Council will visit China this week and is expecte…
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