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By Steve Holland ABOARD AIR FORCE ONE (Reuters) -U.S. President Donald Trump said on Friday he would announce tariffs on imports of steel and semiconductor chips in coming weeks. “I’ll be setting tariffs next week and the week after on steel and on, I would say, chips,” Trump told reporters aboard Air Force One as …

Trump says he will set tariffs on steel and semiconductor chips in coming weeks Read More »

WASHINGTON (Reuters) -U.S. import prices rebounded in July, boosted by higher costs for consumer goods, the latest indication that inflation was poised to pick up because of tariffs. Import prices increased 0.4% last month after a downwardly revised 0.1% dip in June, the Labor Department’s Bureau of Labor Statistics said on Friday. Economists polled by …

US import prices rebound in July on higher consumer goods costs Read More »

(Reuters) -U.S. equity funds gained substantial inflows in the week through August 13 as investors reversed a selling stance on hopes of a potential Federal Reserve rate cut in September, while a U.S.-China tariff truce further lifted sentiment. Investors bought a net $8.77 billion worth of U.S. equity funds during the week, partially offsetting the …

US equity funds draw weekly inflows on rate cut hopes Read More »

By Indradip Ghosh BENGALURU (Reuters) -A Federal Reserve interest rate cut in September, the first this year, followed perhaps by another before year-end remains the base forecast for most economists polled by Reuters amid rising concerns about the health of the world’s biggest economy.  U.S. inflation is rising again, with more upward pressure expected from …

US Fed to cut rates in September and once more this year, say most economists: Reuters poll Read More »

By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Even if you don’t think tariffs are feeding price rises yet, the sharp jump in U.S. producer prices in July – driven by the biggest jump in retail and wholesale margins in two years …

Morning Bid: Rate fever breaks, Alaska in spotlight Read More »

(Reuters) -Global equity funds logged their largest weekly inflows in six weeks in the week to August 13, lifted by a softer-than-expected U.S. inflation print and an extension of a tariff truce between the United States and China which boosted investor sentiment. Technology stocks drew strong interest, including Apple Inc which pledged new U.S. investments …

Global equity fund inflows at six-week high on soft US inflation, tariff truce Read More »