In the weeks and days leading up to Narendra Modi’s state visit to Washington this week, US officials have been outdoing one another with words of adulation that have delighted the Indian leader’s supporters and made his critics cringe. “He is the most popular world leader for a reason,” commerce secretary…

US Secretary of State Antony Blinken is in Beijing for a high-stakes visit meant to steer relations between the United States and China back on course after months of inflamed tensions between the world’s two largest economies. Blinken is the first secretary of state to travel to China in five…

Binance.US and the Securities and Exchange Commission have reached an agreement that avoids a total asset freeze at the cryptocurrency exchange while the SEC’s lawsuit against it proceeds. Under the deal announced Saturday, Binance Holdings, BAM Management US, BAM Trading Services and founder Changpeng “CZ” Zhao will repatriate Binance.US customer…

When people buy things, they often need them shipped. And financial results this week from FedEx Corp., which does a lot of that shipping in the U.S. and around the world, will serve as a proxy for consumers’ spending appetites, as Wall Street debates whether the economy will rebound or…

When doctors see you gaining weight, they can’t make you change your eating habits. They can only nudge you to shape up. The same goes for financial advisers who see you spending beyond your means. They can’t force you to stick to a budget. They can only prod you to…

The net worth of U.S. households rose by 2% in the first three months of the year to $148.8 trillion, putting it close to a record high and suggesting the economy might have enough fuel to keep growing or at least to avert a steep recession. Net worth increased by…

© Reuters. FILE PHOTO: U.S. Nikola’s logo is pictured at an event held to present CNH’s new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, December 3, 2019. REUTERS/Massimo Pinca/File Photo By Abhirup Roy SAN FRANCISCO (Reuters) – Nikola’s top shareholder and founder,…

By Scott DiSavino NEW YORK (Reuters) -Oil prices gained about 3% to a one-week high on Thursday on a weaker U.S. dollar and a jump in refinery runs in top crude importer China. futures rose $2.47, or 3.4%, to settle at $75.67 a barrel, while U.S. West Texas Intermediate (WTI)…

By Sameer Manekar (Reuters) – Investors cut back short bets on emerging Asian currencies as most local central banks maintained their hold stance on interest rates, but remained in bearish territory for Malaysian ringgit and China’s yuan, a Reuters poll showed on Thursday. Since all the 10 poll responses were…

By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -The Bank of Japan maintained its ultra-easy monetary policy on Friday despite stronger-than-expected inflation, signalling it will remain a dovish outlier among global central banks and focus on supporting a fragile economic recovery. The central bank also reiterated its view that inflation…