Economic News

By Ahmed Aboulenein WASHINGTON (Reuters) – The U.S. government aims to publish the final guidance for its Medicare drug price negotiation program in early July and is currently talking to companies about its contents, a top health official said on Wednesday.

By Tom Hals WILMINGTON, Delaware (Reuters) – The U.S. Justice Department is racing this week to convince a federal appeals court, or possibly the U.S. Supreme Court, to put on hold a judge’s order suspending the government’s approval of the abortion pill mifepristone, which is used

(Reuters) – Brazil could fine or suspend social media companies that do not effectively regulate content related to school violence, Justice Minister Flavio Dino said on Wednesday.

(Reuters) -American Airlines Group Inc on Wednesday forecast a lower-than-expected profit for the first quarter as the carrier battles high fuel costs.

By Bianca Flowers (Reuters) – Colorado farmers will be able to legally fix their own equipment next year, with manufacturers like Deere & Co obliged to provide them with manuals for diagnostic software and other aids, under a measure passed by legislators in the first U.S.

PRAGUE (Reuters) – The Czech National Bank (CNB) should not cut interest rates until inflation is clearly lower as rates need to stay higher for longer to slow price growth, central bank board member Jan Prochazka was quoted as saying.

(Reuters) – Harley-Davidson Inc said on Wednesday Chief Financial Officer Gina Goetter was leaving the company at the end of April to pursue another job.

(Reuters) – Myanmar’s military said on Wednesday it carried out a deadly attack on a village gathering organised by its insurgent opponents this week and if civilians were also killed it was because they were being forced to help the “terrorists”.

By Matt Spetalnick and Ted Hesson WASHINGTON (Reuters) – U.S. and Cuban officials discussed migration issues on Wednesday as the Biden administration braces for the end of COVID-era border restrictions that have blocked Cubans in recent months from crossing into the United States from Mexico.

By Arathy Somasekhar (Reuters) – Oil prices were little changed in early trading on Wednesday after industry data showed an unexpected build in U.S. crude and gasoline inventories, offsetting concerns about tightening supply ahead of output cuts by OPEC producers.

PRISTINA (Reuters) – Kosovo police said on Wednesday they had arrested three men accused of beating a prominent journalist a night earlier after he left the studio where he had participated in a talk show.

SEOUL (Reuters) – South Korea’s import prices dropped in March at their fastest pace in 27 months, dragged down by weaker oil prices, central bank data showed on Thursday.

By Sarah N. Lynch WASHINGTON (Reuters) – A former leader of the far-right Proud Boys testified to a jury on Wednesday that he had no plan to attack the U.S. Capitol before he entered it with hundreds of Donald Trump supporters on Jan. 6, 2021, attempting

By Ankur Banerjee SINGAPORE (Reuters) – Asian equities inched lower on Wednesday ahead of a crucial U.S. inflation report that will likely influence the Federal Reserve’s monetary policy path, with markets wagering another hike in interest rates at the central bank’s next meeting.

WASHINGTON (Reuters) – Former U.S. President Donald Trump is suing his ex-lawyer Michael Cohen for more than $500 million, according to a filing in a Florida court on Wednesday.

By Jacqueline Thomsen (Reuters) – The Democratic National Committee will no longer be represented by longtime Democratic lawyer Marc Elias, spokespeople for his law firm and the DNC confirmed on Wednesday.

By Brendan Pierson NEW YORK (Reuters) – E-cigarette maker Juul Labs Inc has agreed to pay $462 million to settle claims by six U.S. states including New York and California that it unlawfully marketed its addictive products to minors, a person familiar with the matter said

NEW YORK (Reuters) – Donald Trump has asked a U.S. judge to delay by four weeks a trial scheduled for April 25 over whether he defamed former Elle magazine columnist E. Jean Carroll by denying he raped her.

By Patrick Wingrove (Reuters) – Novavax Inc cut about $50 million in costs in the first quarter of 2023 and plans to slash more, Chief Executive John Jacobs said in an interview on Wednesday.

NEW YORK, April 12 (Reuters) – Short interest on the New York Stock Exchange rose 2.0 percent in late March, the exchange said on Wednesday.