Canada, Mexico urge quick NAFTA talks to end uncertainty
WASHINGTON/OTTAWA (Reuters) - Top Canadian and Mexican diplomats expressed optimism on Thursday that a NAFTA deal could be reached early next year and cautioned that widespread uncertainty over the future of the three-way trade agreement had slowed business investment.
Wall Street flat as home improvement retailers get Amazoned
NEW YORK (Reuters) - Stocks ended little changed on Wall Street on Thursday as a deal between Sears and Amazon weighed on home improvement retailers while gains in Microsoft helped buoy the Nasdaq.
Ryan says U.S. tax reform consensus nears, does not mention border tax
WASHINGTON (Reuters) - U.S. House Speaker Paul Ryan said on Thursday that tax reform talks are nearing a consensus to lower business taxes by closing loopholes and special interest deductions, the latest sign that the unpopular proposed border tax may not be included.
China says U.S. talks covered joint efforts on excess steel capacity
WASHINGTON (Reuters) - Seeking a more positive spin on U.S.-China economic talks viewed as ending in discord, China said on Thursday that the two sides agreed to "active and effective measures" to reduce global excess steel production capacity.
UAW talking to GM about impact of car sales slump on U.S. jobs
(Reuters) - The president of the United Auto Workers union said on Thursday the union is talking with General Motors Co about the potential threat to plants and jobs from slumping U.S. car sales.
Exclusive: U.S. toughens stance on foreign deals in blow to China's buying spree
(Reuters) - A secretive U.S. government panel has objected to at least nine acquisitions of U.S. companies by foreign buyers so far this year, people familiar with the matter said, a historically high number that bodes poorly for China's overseas buying spree.
U.S. rule on class-action suits against banks under fire in Congress
WASHINGTON (Reuters) - Republicans in the U.S. Congress are moving quickly to try to eliminate a new regulation that bars financial firms from forcing consumers into arbitration to settle disputes that otherwise may turn into class-action lawsuits.
Manhattan office market softens though prices hold up: report
NEW YORK (Reuters) - A softer Manhattan real estate market can be seen in office rents, the dollar volume and number of buildings sold, while a large Chinese buying presence so far in 2017 is likely to taper off later this year, brokerage Cushman & Wakefield said on Thursday.
Investors are behaving less like casino punters in China's stock markets
SHANGHAI/HONG KONG (Reuters) - Retired chauffeur Yao Huiliang used to spend his days trading small-cap Chinese stocks, trying to make quick money on sharp moves - casino-type behavior often seen in China's stock markets.
South Korea's July 1-20 exports surge 22.4 percent year-on-year: customs agency
SEOUL (Reuters) - South Korean exports jumped 22.4 percent in the first 20 days of July versus the same period a year ago in U.S. dollar terms, while imports rose 13.3 percent, customs data showed on Friday.