WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent said on Tuesday he believes the Federal Reserve could lower interest rates by September.
His comments on the Fox News show "The Ingraham Angle," come as President Donald Trump repeatedly urges the Fed to lower rates from their current 4.25%-4.50% range.
"I think that the criteria is that tariffs were not inflationary. If they're going to follow that criteria, I think that they could... (continue reading...)
(Reuters) -Australia's Qantas Airways confirmed on Wednesday a cyber incident at one of its contact centres, impacting customer data.
The company said the breach occurred when a cybercriminal targeted a call centre and accessed a third-party customer servicing platform.
"We are continuing to investigate the proportion of the data that has been stolen, though we expect it will be significant," Qantas said in a statement.
The... (continue reading...)
By Jeff Mason
WASHINGTON (Reuters) -U.S. President Donald Trump is adding fragrances to the growing list of merchandise that bear his name, raising fresh questions about his use of the presidential bully pulpit to hawk products that enrich him and his family.
The former New York real estate tycoon, who moved back into the White House in January for his second term, announced this week that a new Trump-branded cologne for men and perfume for... (continue reading...)
LONDON (Reuters) -Average annual pay awards offered by British employers rose in the three months to May, after an increase in the minimum wage boosted pay significantly for some lower-paid workers, a survey showed on Wednesday.
Incomes Data Research said the median pay settlement awarded by major British employers had increased to 3.4% in the three months to May, up from 3.2% in the three months to the end of April.
Median pay awards for... (continue reading...)
WASHINGTON (Reuters) -President Donald Trump said on Tuesday Israel had agreed "to the necessary conditions to finalize" a 60-day ceasefire in Gaza during which efforts will be made to end the U.S. ally's war in the Palestinian enclave.
"Israel has agreed to the necessary conditions to finalize the 60 Day CEASEFIRE, during which time we will work with all parties to end the War," Trump said on social media.
"The Qataris and Egyptians, who... (continue reading...)
More Reuters
View Older Stories-
Mercosur and EFTA blocs seal free-trade agreement, CNN Brasil reports
-
Exclusive-Iran made preparations to mine the Strait of Hormuz, US sources say
-
Trump floats daughter-in-law Lara Trump for Senate run in North Carolina
-
US federal workforce remains steady despite Trump's efforts
-
US judge blocks Trump from ending Temporary Protected Status for Haitians
-
US Senate budget bill slashes money to fill oil reserve
-
Jeff Bezos sold Amazon shares worth about $737 million in June
-
US consumer watchdog scraps $95 million 'illegal fees' settlement with Navy Federal Credit Union
-
EV group urges US House to restore electric vehicle tax credits
-
Biggest US banks hike dividends, announce share buybacks after acing stress tests
-
Google hit with $314 million US verdict in cellular data class action
-
Venezuelan lawmakers declare UN human rights official Turk persona non grata
-
Corona beer maker Constellation Brands misses quarterly estimates amid tariff woes
-
Trading Day: Sweeping US fiscal bill advances, rate path stays murky
-
Ferrari unveils new 'Amalfi' petrol coupe ahead of EV launch
-
Trump says he has 'two or three' choices to replace Fed's Powell
-
US halts some missile shipments to Ukraine over low stockpiles, sources say
-
It’s too easy to make AI chatbots lie about health information, study finds
-
Pro-Palestinian Georgetown student can remain free, US appeals court rules
-
Analysis-Foreign investors increase dollar hedges on US stock portfolios
-
Figma reveals revenue, profit growth in US IPO filing
-
Costa Rica's top court calls for President Chaves to stand trial on corruption charges
-
Trump says he won't extend July 9 trade deadline, expresses doubt on Japan deal
-
Chile speeds up permitting for mining and other investment projects
-
Stellantis may close factories due to EU fines for carbon emissions
-
French PM Bayrou survives latest no-confidence motion
-
Mamdani officially secures nomination for New York City mayor
-
Fed's Powell says dollar swap lines remain important tool
-
Israel's defence chief threatens to retaliate for Houthi missiles
-
As USAID stops foreign aid, Rubio says future US assistance will be limited
-
US charges two Chinese nationals in efforts to recruit US service members
-
Exclusive-UBS hires Taylor Henricks as head of M&A in Americas from Morgan Stanley
-
Despite last-minute changes, US Senate bill deals big blow to renewable energy
-
Investors react as US Senate passes Trump's big tax bill
-
US LNG exports fall in June due to plant maintenance
-
Putin, Macron discuss Iran, Ukraine in first phone call in nearly three years
-
Dalai Lama to meet senior Buddhist monks before likely reincarnation statement
-
US judge blocks Trump administration move to overhaul health agencies
-
Euronext in talks to buy Athens Stock Exchange for $470 million
-
Trading on protection against UK defaults jumped in Q1, says ISDA
-
China's Huawei must face US criminal charges, judge rules
-
UK budget forecasters say they have been too upbeat, posing a risk for Reeves
-
France car registrations down 6.7% in June, Tesla sales drop 10%
-
Approval of Egypt's IMF programme review faces possible delay, sources say
-
Republicans ignore debt worry as they push forward on Trump tax-cut bill
-
Germany launches additional measures against Russia's 'shadow fleet'
-
Trump-backed tax-cut and spending bill passes US Senate
-
Challenge to dollar supremacy a long way off, central bankers say
-
Bezos-backed methane tracking satellite is lost in space
-
Boeing set to acquire Spirit's Northern Ireland plant, spokesperson says
