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Month: August 2023

Biden touts Inflation Reduction Act on first anniversary
General

Biden touts Inflation Reduction Act on first anniversary

By Trevor Hunnicutt and Jarrett Renshaw WASHINGTON (Reuters) – U.S President Joe Biden on Wednesday used the first anniversary of…

August 16, 2023August 16, 2023
Wall Street ends lower after Fed minutes cloud outlook for rates
General

Wall Street ends lower after Fed minutes cloud outlook for rates

By Saeed Azhar and Noel Randewich NEW YORK (Reuters) – Wall Street ended lower on Wednesday after the Federal Reserve’s…

August 16, 2023August 16, 2023
Coinbase wins approval to offer crypto futures trading in US
General

Coinbase wins approval to offer crypto futures trading in US

(Reuters) -Coinbase Global said on Wednesday it had secured approval to offer cryptocurrency futures to U.S. retail customers, scoring a…

August 16, 2023August 16, 2023
OpenAI acquires start-up Global Illumination to work on core products, ChatGPT
General

OpenAI acquires start-up Global Illumination to work on core products, ChatGPT

(Reuters) – OpenAI said on Wednesday it had acquired digital products company Global Illumination, in what comes as the first…

August 16, 2023August 16, 2023
Esmark CEO says has money in bank account for $7.8 billion US Steel bid
General

Esmark CEO says has money in bank account for $7.8 billion US Steel bid

By David Carnevali NEW YORK (Reuters) -Esmark Inc majority owner and chief executive James Bouchard said in an interview on…

August 15, 2023August 15, 2023
Amazon Pharmacy automates discounts to help insulin patients get pledged prices
General

Amazon Pharmacy automates discounts to help insulin patients get pledged prices

By Patrick Wingrove (Reuters) – Amazon.com said on Tuesday its online pharmacy will automatically apply manufacturer-sponsored coupons to more than…

August 15, 2023August 15, 2023
Nvidia shares climb as analysts raise targets ahead of report
General

Nvidia shares climb as analysts raise targets ahead of report

(Reuters) – Shares of Nvidia rose more than 3% in hefty trading volume on Tuesday after two brokerages raised their…

August 15, 2023August 15, 2023
US bank stocks fall on prospect of tougher oversight, more downgrades
General

US bank stocks fall on prospect of tougher oversight, more downgrades

By Niket Nishant and Chibuike Oguh (Reuters) -Shares of U.S. banks dropped on Tuesday as the prospect of tighter regulations…

August 15, 2023August 15, 2023
Dollar hits highest in more than a month on China economy concerns
General

Dollar hits highest in more than a month on China economy concerns

By Hannah Lang WASHINGTON (Reuters) – The U.S. dollar hit more than a one-month high on Monday as investors sought…

August 14, 2023August 14, 2023
S&P 500, Nasdaq end up as Nvidia surge leads megacap higher
General

S&P 500, Nasdaq end up as Nvidia surge leads megacap higher

By Saeed Azhar and Amruta Khandekar NEW YORK (Reuters) – The S&P 500 and the Nasdaq closed higher on Monday…

August 14, 2023August 14, 2023

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