Oil settles lower as Russia fuel export ban boosts, rate hikes weigh
By Laura Sanicola (Reuters) – Oil prices settled lower after choppy trading on Thursday, rising as much as $1 a…
Month: September 2023
Wall Street closes lower after Fed holds rates steady, warns of higher for longer
By Stephen Culp (Reuters) – U.S. stocks slumped on Wednesday after the U.S. Federal Reserve held key interest rates unchanged…
Musk’s Neuralink to start human trial of brain implant for paralysis patients
(Reuters) -Billionaire entrepreneur Elon Musk’s brain-chip startup Neuralink said on Tuesday it has received approval from an independent review board…
Fed sees tighter policy through 2024; Powell says new forecasts not pledge for action
NEW YORK (Reuters) -The Federal Reserve held interest rates steady on Wednesday but stiffened its hawkish stance, with a further…
Amazon plays catch-up with Alexa generative AI, shows off new, refreshed hardware
By Greg Bensinger (Reuters) – Amazon.com Inc on Wednesday unveiled a slate of new and refreshed devices and updated its…
DoorDash, Grubhub, Uber Eats can sue NYC over fee caps
By Jonathan Stempel NEW YORK (Reuters) -A federal judge on Tuesday said DoorDash, Grubhub and Uber Eats can sue New…
U.S. stocks close lower as investors take cover ahead of Fed decision
(Updated at 4:23 p.m. ET with closing prices) By Stephen Culp NEW YORK (Reuters) -Wall Street lost ground on Tuesday,…
Instacart shares end up 12% on debut after initial pop
By Niket Nishant and Noel Randewich (Reuters) -Instacart’s shares ended up 12% in their Nasdaq debut on Tuesday, failing to…
Some investors bet peak policy rate is near ahead of Fed decision
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -As Treasuries wobble ahead of the outcome of the Federal Reserve’s monetary policy meeting…
Tesla, Saudi Arabia in early talks for EV factory – WSJ
(Reuters) -Saudi Arabia is in early talks with U.S. electric automaker Tesla to set up a manufacturing facility in the…