WASHINGTON (Reuters) – The U.S. trade deficit widened to a record high in January amid front-loading of imports ahead of tariffs, suggesting that trade could be a drag on economic growth in the first quarter. The trade gap surged 34.0% to an all-time high of $131.4 billion from a revised $98.1 billion in December, the…
By Andy Sullivan WASHINGTON -Large swaths of the U.S. government would be forced to stop operating at midnight on March 14 if Congress does not pass detailed spending legislation that would keep agencies running. WHY WOULD THE GOVERNMENT SHUT DOWN? Congress is supposed to allocate funding to 438 government agencies before October 1, the start…
By Luc Cohen MIAMI (Reuters) – Threats against U.S. judges are rising and lawyers should do more to push back against heated rhetoric, four federal judges said in a panel discussion on Thursday. Speaking at an American Bar Association meeting on white collar crime in Miami, U.S. District Judge Richard Boulware of Las Vegas federal…
BARCELONA (Reuters) – Chinese artificial intelligence firm iFlyTek is planning to expand its European business as trade tensions rise between the United States and China, Vice President Vincent Zhan said. “The U.S. and China trade war has some impact for us,” Zhan said in an interview on the sidelines of the Mobile World Congress in…
(Reuters) -Reddit on Thursday launched tools aimed at helping people adhere to community rules and better understand content performance, its latest step to boost engagement on the platform. The announcement follows a recent slowdown in quarterly user growth due to a change in Google’s algorithm that impacted traffic from the search engine. The traffic from…
NEW YORK (Reuters) -Major U.S. stock indexes declined sharply on Thursday with investors concerned about the impact President Donald Trump’s trade policy may have on companies and the broader economy, while Marvell Technology’s revenue forecast sparked concerns about spending on artificial intelligence infrastructure. Below are investor comments about the selloff, which saw the S&P 500…
