Economic News

BERLIN (Reuters) – Germany’s BDI industry association expects exports to grow by 2% in 2023, double its forecast in January, its president told the Rheinische Post newspaper in comments published on Saturday.

By Tim McLaughlin and Sarah N. Lynch BOSTON (Reuters) – A 21-year-old member of the U.S. Air Force National Guard suspected of leaking highly classified military intelligence records online will make his initial appearance before a federal judge in Boston on Friday.

By Tyler Clifford (Reuters) – Former U.S. Secretary of State Mike Pompeo said on Friday he will not enter the 2024 presidential race, which would have pitted him against his former boss Donald Trump for the Republican nomination.

By Steve Holland and Trevor Hunnicutt KNOCK, Ireland (Reuters) -U.S. President Joe Biden said on Friday he has decided to run for a second term and would formally announce his re-election campaign “relatively soon.”

BRASILIA (Reuters) – Brazil’s Planning Ministry announced on Friday a zero primary deficit target for 2024, but stated that 172 billion reais ($35.03 billion) in government spending depends on the approval of a proposed new fiscal framework.

By Andrew Chung WASHINGTON (Reuters) -Danco Laboratories, the manufacturer of the abortion pill mifepristone, on Friday asked the U.S. Supreme Court to block limits set by lower courts on access to the drug in a challenge by anti-abortion groups.

WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said on Friday debtors and creditors made “tangible progress” on debt restructuring issues this week, but called for early reprofiling of debts for countries facing problems.

By Hannah Lang, Chris Prentice and Ann Saphir

NEW YORK (Reuters) – With quarterly U.S. earnings just getting under way Friday with upbeat results from JPMorgan Chase & Co and other banks, estimates for the first quarter have improved slightly from a week ago, according to Refinitiv data released Friday.

WASHINGTON (Reuters) – The U.S. Federal Aviation Administration on Friday granted a long-awaited license to Elon Musk’s SpaceX for the first orbital launch of the company’s massive Starship rocket system, the regulator said in a statement.

HAVANA (Reuters) – Cuba’s President Miguel Diaz-Canel said the island’s ongoing gasoline shortages were caused by countries contracted to supply the fuel not complying with their requirements due to “a complex energy situation.”

By Aiden Nulty and Will Russell BALLINA, Ireland (Reuters) – U.S. President Joe Biden on Friday was set to wrap up his nostalgic three-day tour to Ireland, the longest ever by an U.S. leader, with a rally in the West of Ireland hometown of his great-great-great-grandfather.

By Brendan Pierson (Reuters) – The U.S. Department of Justice on Thursday said it would ask the U.S. Supreme Court to intervene in a dispute over the abortion pill mifepristone after U.S. District Judge Matthew Kacsmaryk in Amarillo, Texas last Friday suspended approval of the drug, effectively

(Reuters) – Billionaire Elon Musk is working on launching an artificial intelligence start-up that will rival ChatGPT-maker OpenAI, the Financial Times reported on Friday citing people familiar with his plans.

By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Citigroup Inc’s hiring of Andy Sieg, the incoming head of its wealth management unit, underscores the lender’s ambitions in the business as well as the uphill climb it faces in gaining share in a competitive market.

By Dan Whitcomb (Reuters) – The tech executive charged with stabbing Cash App founder Bob Lee to death in San Francisco confronted him earlier in the evening about his ties to the suspect’s younger sister, prosecutors said on Friday in court documents that outlined a possible

By Gram Slattery MANCHESTER, N.H. (Reuters) – On issues of policy, Tim Scott, the latest Republican to declare he is interested in a 2024 presidential bid, runs largely with the current, following the party line on hot button matters from abortion to immigration.

By Alexandra Ulmer INDIANAPOLIS, Indiana (Reuters) – White House Republican hopefuls including Donald Trump descend on Indianapolis for the annual NRA conference on Friday, highlighting the gun lobby’s continued political potency even as the U.S. reels from the latest spate of mass shootings.

BALLINA, Ireland (Reuters) – U.S. President Joe Biden delighted thousands of locals from his Irish ancestral home of Ballina on Friday when he saved the final words of his Ireland tour to back their Gaelic football team to break a famous decades-long curse.

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday that the International Monetary Fund has adequate resources to deal with global financing challenges but needs to follow through with “fair and simple” shareholding reforms that reflect the economic size of its member countries.