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Month: May 2023

G7 tightens Russia sanctions, looks to cut China trade reliance
AsiaCanadaEconomyEuropePoliticsTechnologyTop NewsUKUS

G7 tightens Russia sanctions, looks to cut China trade reliance

By Katya Golubkova and John Irish HIROSHIMA, Japan (Reuters) -Leaders of the world’s richest democracies acted on Friday to stiffen…

May 20, 2023May 21, 2023
Wall St slips on debt ceiling uncertainty
BusinessEconomyUS

Wall St slips on debt ceiling uncertainty

By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed out the trading week on a soft note on Friday…

May 19, 2023May 19, 2023
Artificial intelligence gives real boost to U.S. stock market
BusinessEconomyTechnologyTop NewsUS

Artificial intelligence gives real boost to U.S. stock market

By Lewis Krauskopf NEW YORK (Reuters) – Recent advances in artificial intelligence are fueling optimism over how businesses can operate…

May 19, 2023May 20, 2023
U.S. FDA approves Krystal Biotech’s skin-disorder gene therapy
BusinessHealthScienceTop NewsUS

U.S. FDA approves Krystal Biotech’s skin-disorder gene therapy

By Pratik Jain (Reuters) -The U.S. Food and Drug Administration on Friday approved Krystal Biotech Inc’s first-of-its kind topical gene…

May 19, 2023May 19, 2023
JPMorgan investors to scrutinize First Republic takeover
BusinessEconomyUS

JPMorgan investors to scrutinize First Republic takeover

By Nupur Anand NEW YORK (Reuters) -As JPMorgan Chase & Co CEO Jamie Dimon prepares to take the stage for…

May 19, 2023May 19, 2023
Wall Street ends higher, dollar climbs on solid data, debt ceiling progress
AsiaAustraliaBusinessEconomyEuropeUS

Wall Street ends higher, dollar climbs on solid data, debt ceiling progress

By Stephen Culp NEW YORK (Reuters) – U.S. stocks rallied and the dollar reached a seven-week peak on Thursday as…

May 18, 2023May 18, 2023
Meta announces AI training and inference chip project
BusinessTechnologyUS

Meta announces AI training and inference chip project

By Katie Paul and Stephen Nellis NEW YORK (Reuters) -Meta Platforms on Thursday shared new details on its data center…

May 18, 2023May 18, 2023
Fed’s hawks make a pitch against a rate-hike pause
BusinessEconomyUS

Fed’s hawks make a pitch against a rate-hike pause

(Reuters) – U.S. inflation does not look like it is cooling fast enough to allow the Federal Reserve to hit…

May 18, 2023May 18, 2023
As household budgets tighten, big brands double down in dollar stores
BusinessEconomyUS

As household budgets tighten, big brands double down in dollar stores

By Jessica DiNapoli NEW YORK (Reuters) – Makers of brand-name household basics like Dunkin’ coffee and Schick razors are bulking…

May 17, 2023May 17, 2023
Wall St ends sharply higher, dollar hits seven-week high as debt limit talks advance
AsiaAustraliaBusinessEconomyEuropeUS

Wall St ends sharply higher, dollar hits seven-week high as debt limit talks advance

By Stephen Culp NEW YORK (Reuters) – Wall Street rallied to a higher close on Wednesday, gathering momentum throughout the…

May 17, 2023May 17, 2023

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