Reuters US Business

By Nathan Gomes (Reuters) -U.S. auto sales rose in the second quarter fueled by demand for gasoline-powered vehicles, but the industry is bracing for a bumpy latter half to the year as President Donald Trump’s tariffs will likely push prices higher. General Motors retained its top spot with a 7% rise in quarterly auto sales …

US second-quarter auto sales rise, tariffs may drive up prices Read More »

(Corrects the year Grammarly was founded in paragraph 3, and the spelling of CEO’s first name in paragraph 6;) (Reuters) -Grammarly has signed a deal to acquire email efficiency tool Superhuman as part of the company’s push to build an artificial intelligence-powered productivity suite and diversify its business, its executives told Reuters in an interview.  …

Grammarly to acquire email startup Superhuman in AI platform push Read More »

By Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Tuesday rejected Huawei Technologies’ bid to dismiss most of a federal indictment accusing the Chinese telecommunications company of trying to steal technology secrets from U.S. rivals, and misleading banks about its work in Iran. In a 52-page decision, U.S. District Judge Ann Donnelly in Brooklyn …

China’s Huawei must face US criminal charges, judge rules Read More »

By Curtis Williams HOUSTON (Reuters) -U.S. liquefied natural gas exports fell to their second lowest monthly level for the year in June, as maintenance work at some of the country’s largest export facilities hurt output, according to preliminary data from financial firm LSEG. The United States, the world’s top exporter of LNG, sold 8.4 million …

US LNG exports fall in June due to plant maintenance Read More »

By Lucia Mutikani WASHINGTON (Reuters) -U.S. job openings unexpectedly increased in May, but a decline in hiring added to signs that the labor market had shifted into lower gear amid uncertainty over the Trump administration’s tariffs on imports, with a 90-day pause on higher reciprocal duties drawing to an end. Anxiety over trade policy and …

US job market surprises with increased openings in May Read More »

(Reuters) -The Republican-controlled U.S. Senate passed President Donald Trump’s sweeping tax-cut and spending bill termed the “big, beautiful bill” on Tuesday. The measure, Trump’s top legislative goal, passed in a 51-50 vote, after Vice President JD Vance cast the tiebreaking vote. The megabill would extend the 2017 tax cuts that were Trump’s main legislative achievement …

Investors react as US Senate passes Trump’s big tax bill Read More »