Inflation in the US probably abated only gradually last month and retail sales rebounded, illustrating why the Federal Reserve is in no rush to lower interest rates.
China urged Mexico to “think twice” before levying tariffs, a warning that could signal Beijing’s willingness to retaliate over a move it sees as giving into demands from the US.
President Donald Trump’s administration is moving to eliminate rules requiring airlines to compensate passengers and provide free rebookings for flight delays and cancellations caused by non-weather-related issues.