News
Important Only
US and India unveil interim trade framework, move closer to broad pact
US and India unveil interim trade framework, formal deal expected by MarchUS tariffs cut to 18%, India shifts from Russian oil to US energyIndia to buy $500 bln in U.S. energy, aircraft, tech over 5 yearsGovernment says farmers protected; opposition calls deal one-sidedBy Jarrett Renshaw, David Lawd...Reuters
49 minutes ago
Trump rescinds punitive tariff on India over purchases of Russian oil
Feb 6 (Reuters) - President Donald Trump signed an executive order on Friday rescinding a punitive 25% duty on all imports from India over its purchases of Russian oil, the White House said. Trump on Monday announced a trade deal with India that slashed U.S. tariffs on Indian goods to 18%...Reuters
5 hours ago
Fed's Daly says job market feels 'precarious,' eyes rate cuts
Daly sees disconnect between cautious optimism among businesses, job worries for workersFed policymakers are weighing the balance of inflation and employment risksUpcoming jobs report a key focus as central bankers weigh optionsBy Ann Saphir Feb 6 (Reuters) - San Francisco Federal Reserve Bank Pr...Reuters
5 hours ago
Senator Warren presses Trump over DOJ probe of Fed Chair Powell
Warren questions Trump's role in DOJ probe of PowellTrump joked about suing Fed nominee Warsh over rate cutsDOJ probe is complicating Warsh's path to Fed chairBy Ann Saphir and Andrea Shalal Feb 6 (Reuters) - U.S. Senator Elizabeth Warren on Friday challenged President Donald Trump's ...Reuters
5 hours ago
EXCLUSIVE-Fed's Daly sees labor market vulnerabilities, room to cut interest rates
Daly thinks rate cuts are likelier than not in 2026She sees possibly one or two reductions in borrowing costs this yearLabor market vulnerabilities shape her viewDaly sees new graduates' job difficulties as 'leading indicator'By Ann Saphir Feb 6 (Reuters) - San Francisco Federal Reser...Reuters
6 hours ago
TREASURIES-US Treasury yields rebound before next week's key jobs data
Weak labor data raises concerns about job market healthFed funds futures indicate increased rate cut expectationsKevin Warsh's potential policies as Fed chair under scrutinyBy Karen Brettell NEW YORK, Feb 6 (Reuters) - Interest-rate-sensitive two-year U.S. Treasury yields rebounded from a mor...Reuters
7 hours ago
