NEW YORK (Reuters) -Major U.S. banks are expected to report stronger profits next week, driven by buoyant trading and a modest rebound in investment banking. When JPMorgan Chase, Citigroup and Wells Fargo kick off second-quarter earnings on Tuesday, investors will focus on their outlooks at a time when economic uncertainty over U.S. tariff policies remains high. Things are looking good...

(Reuters) -The number of Americans filing new applications for jobless benefits unexpectedly fell last week, suggesting employers may be holding on to workers despite other indications of a cooling labor market.  Initial claims for state unemployment benefits dropped 5,000 to a seasonally adjusted 227,000 for the week ended July 4, the Labor Department said on Thursday. Economists polled by Reuters...

SINGAPORE (Reuters) -Singapore trade minister Gan Kim Yong will visit the United States later this month to discuss tariff concessions for the country's pharmaceutical exports, he said on Thursday, part of efforts to limit the economic impact of the trade war.  Singapore has not received a letter from the Trump administration this round and its exports are still subject to...

As the minutes of the Federal Reserve’s June meeting were released on Wednesday, the word “uncertainty” reigned supreme amid the ongoing tariff turmoil and President Donald Trump‘s call to cut rates by 3 percentage points. What Happened: The words “uncertain” and “uncertainty” appeared 28 times in the June 17-18 meeting minutes, and Fed Chair Jerome Powell mentioned the two words...