Powell said the current conditions warrant the gradual approach. “The economy is strong. Inflation is near our 2 percent objective, and most people who want a job are finding one,” he said. “My colleagues and […]
A senior official of the People’s Bank of China told a briefing on Tuesday that the yuan’s exchange rate is set by the market, rebutting President Donald Trump’s claim a day earlier that the country […]
Uber is planning a shift in emphasis from cars to electric bicycles and scooters for shorter journeys as part of its long-term strategy, according to the ride-hailing app’s chief executive. Dara Khosrowshahi said more individual […]
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