Reuters US Business

By Howard Schneider WASHINGTON (Reuters) -The Federal Reserve is widely expected to hold interest rates steady next week, with investors focused on new central bank projections that will show how much weight policymakers are putting on recent soft data and how much risk they attach to unresolved trade and budget issues and an intensifying conflict …

Fed to keep rates steady as tariffs, possible oil shock counter inflation data Read More »

(Corrects paragraph 8 to show a Brazilian appeals court, not Brazil’s highest court, is set to hear the case) By Blake Brittain (Reuters) -Google sued Chile-based LATAM Airlines in U.S. federal court on Thursday, seeking a declaration that Brazilian courts cannot force the tech giant to take down a YouTube video in the U.S. that …

Google sues LATAM Airlines in US over Brazilian YouTube video dispute Read More »

LONDON (Reuters) -Britain’s antitrust regulator said commitments it secured from Google in 2022 related to online advertising were no longer needed after the tech company decided against a standalone prompt for third-party cookies in April. The Competition and Markets Authority (CMA) had been concerned that Google’s original plan to downgrade third-party cookies could have weakened …

Britain says Google’s online-ad commitments no longer needed Read More »

By David Shepardson WASHINGTON (Reuters) -The National Highway Traffic Safety Administration on Friday said it was streamlining reviews of requests filed by automakers seeking to deploy self-driving vehicles without required human controls like steering wheels, brake pedals or mirrors. NHTSA has authority to grant petitions to allow up to 2,500 vehicles per manufacturer yearly to …

US agency streamlining self-driving car exemption reviews Read More »

(Reuters) -Mattel has teamed up with OpenAI to develop toys and games with artificial intelligence, and expects to launch its first AI-powered product later this year, the Barbie-maker said on Thursday. The company, which also makes Hot Wheels and Uno cards, plans to “bring the magic of AI to age-appropriate play experiences with an emphasis …

Barbie-maker Mattel teams up with OpenAI, eyes first AI-powered product this year Read More »

BRUSSELS (Reuters) -The European Union’s goods trade surplus with the United States expanded in April even after U.S. tariffs, data released on Friday showed, while the bloc’s exports to China dropped for a ninth consecutive month. The EU’s surplus in goods trade as a whole declined to 7.4 billion euros ($8.5 billion) from 12.7 billion …

EU trade surplus with US grows in April despite tariffs Read More »