International News

Fed rejects call to deny Trump rate cuts

(Reuters) – The U.S. central bank on Tuesday rejected a call from a former Federal Reserve policymaker to counter President Donald Trump’s trade agenda by refusing to “play along” and denying the president the interest rate cuts he has demanded. “The Federal Reserve’s policy decisions are guided solely by its congressional mandate to maintain price […]

International News

Trump asks Supreme Court to allow full enforcement of asylum crackdown

(Reuters) – President Donald Trump’s administration on Monday asked the U.S. Supreme Court to lift a court order preventing the government from fully enforcing a new rule that would curtail asylum applications by immigrants at the U.S.-Mexico border. California-based U.S. District Judge Jon Tigar last month issued a nationwide injunction blocking the rule, which requires […]

Business International News

Trump calls on U.S. firms to exit China as trade war escalates

(Reuters) – President Donald Trump on Friday pressured U.S. companies to leave China after Beijing unveiled retaliatory tariffs on $75 billion in U.S. goods, stoking fears their escalating trade war will tip the global economy into recession. Trump, who has accused China of unfair trade practices and pushed for a deal that would rebalance the […]

International News Technology

FAA plans to test Boeing MAX software on less-experienced pilots

(Reuters) The U.S. Federal Aviation Administration plans to test next month how pilots with around one year of experience flying Boeing 737 jets handle new software on the MAX model, four sources with knowledge of the matter said. The tests indicate the FAA is making progress in the re-approval process of the MAX for commercial […]

International News

Washington Governor Inslee withdraws bid for Democratic presidential nomination

(Reuters) – Washington State Governor Jay Inslee said on Wednesday he was withdrawing from the race for the 2020 U.S. Democratic presidential nomination. The 68-year-old Inslee, speaking on MSNBC, said it had become clear he would not be the party’s standard-bearer and that he was pulling out of the race. Inslee announced his bid for […]