Oil prices dive on big US crude stock build, record output
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices tumbled more than 1.5% on Wednesday on a bigger-than-expected rise in U.S. crude…
Day: November 15, 2023
Microsoft introduces its own chips for AI, with eye on cost
By Stephen Nellis (Reuters) – Microsoft on Wednesday announced a duo of custom-designed computing chips, joining other big tech firms…
US Postal Service reports $6.5 billion net loss for 2023 fiscal year
(This Nov. 14 story has been corrected to change the first-class mail volume figure to say 46 billion, not 46…
As inflation cools, Fed seen pivoting to rate cuts in May
By Ann Saphir (Reuters) -Cooling inflation will allow the Federal Reserve to forgo any more interest rate hikes and indeed…