Reuters US Business

(Reuters) -Global drugmakers are rushing to boost U.S. manufacturing and inventory as the Trump administration weighs a 100% tariff on imported branded and patented drugs. Although enforcement is delayed for companies investing in U.S. manufacturing, the policy has already prompted fast-tracked projects, price cuts and direct-to-consumer sales. Pfizer and AstraZeneca secured multi-year tariff exemptions through …

Factbox-Global drugmakers rush to boost US presence as tariff threat looms Read More »

By Howard Schneider WASHINGTON (Reuters) -The Federal Reserve will go into a policy meeting next week with its view of the economy obscured by a U.S. government shutdown that has suspended the release of key data, a less-than-ideal situation for policymakers divided over which risks deserve the most attention. Official employment data hasn’t been released …

Fed still poised to cut rates, but worries mount over US data vacuum Read More »

(This Oct 18 story has been refiled without any changes to the text.) By Raphael Satter WASHINGTON (Reuters) – A U.S. court has ordered Israel’s NSO Group to stop targeting Meta Platforms’ WhatsApp messaging service, a development the spyware company warned could put it out of business. In a 25-page ruling handed down Friday, U.S. …

US court orders spyware company NSO to stop targeting WhatsApp, reduces damages Read More »

LONDON (Reuters) -The U.S. government shutdown extends into another week, earnings season is in full swing, U.S.-China trade tensions are high, and there’s plenty of data to mull over. Japan’s parliament, meanwhile, may vote on a new prime minister, and an election in Bolivia has ended almost 20 years of leftist rule. Here’s all you …

Take Five: Who started it? Read More »

By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration said late Sunday that air traffic control staffing issues were delaying travel at airports in Dallas, Chicago, Atlanta and Newark as a U.S. government shutdown hit its 19th day. The FAA said numerous staffing triggers had been received for the evening shift and flights could also …

FAA says US air traffic control staffing issues cause more flight delays Read More »

By David Lawder, David Milliken and Andrea Shalal WASHINGTON (Reuters) -International finance chiefs are returning home with a measure of relief over the surprising resilience of the global economy to the cascade of policy shocks through the first nine months of Donald Trump’s second U.S. presidency but also drained by seemingly never-ending uncertainty over what …

US-China trade war clouds global economic outlook as ‘new normal’ emerges Read More »

(Reuters) -Chinese tech giants, including Alibaba-backed Ant Group and e-commerce group JD.com, have paused plans to issue stablecoins in Hong Kong after the government raised concerns about the rise of currencies controlled by the private sector, the Financial Times reported on Saturday. Companies have put their stablecoin ambitions on hold after receiving instructions from Chinese …

Chinese tech giants pause stablecoin plans after Beijing steps in, FT reports Read More »