By Saqib Iqbal Ahmed NEW YORK (Reuters) -As Wall Street draws the curtain on a tumultuous quarter in which stocks logged a record high before tumbling into correction, investors are faced with a mountain of policy uncertainty that clouds the outlook for coming quarters. The S&P 500 Index finished the quarter down 4.6%, its worst…
By Emma Rumney LONDON (Reuters) -Big tobacco companies like British American Tobacco are lobbying U.S. President Donald Trump’s administration to crack down on illegal vapes, including via import bans on Chinese devices, documents show and industry consultants said. Tobacco groups, including BAT and Altria, have complained that while waiting years for their own vapes or…
By Michael S. Derby and Ann Saphir NEW YORK (Reuters) – New York Federal Reserve President John Williams said on Monday that monetary policy is “well positioned” for what the economy might do this year, as he acknowledged there are risks that inflation could once again heat up. “Monetary policy is moderately restrictive,” Williams said…
WASHINGTON (Reuters) – President Donald Trump on Monday planned to sign an executive order aimed at protecting fans from “exploitative ticket scalping” and reforming the U.S. live entertainment ticketing industry, according to a White House fact sheet seen by Reuters. The order directs Treasury Secretary Scott Bessent and U.S. Attorney General Pam Bondi to ensure…
