Powell remarks watched for sign of pushback or support of Fed rate cut
By Howard Schneider NEW YORK (Reuters) – U.S. Federal Reserve Chair Jerome Powell speaks on Wednesday with key jobs data…
Month: December 2024
BlackRock Investment Institute goes further ‘overweight’ on U.S. equities
(Reuters) – The BlackRock Investment Institute (BII) said on Wednesday that it had gone further “overweight” on U.S. equities as…
Target must face shareholder lawsuit over Pride backlash, US judge rules
By Mike Scarcella (Reuters) – Target has failed to persuade a judge in Florida to dismiss a lawsuit that accused…
Chipotle Mexican Grill lifts menu prices as input costs rise
(Reuters) – Chipotle Mexican Grill said on Wednesday it has raised menu prices by about 2%, as the burrito chain…
Biden pushes out over $100 billion in clean energy grants as term winds down
By Valerie Volcovici WASHINGTON (Reuters) -U.S. President Joe Biden’s administration has awarded over $100 billion in grants created by its…
Mastercard reaches ‘agreement in principle’ to settle mass UK fees case
LONDON (Reuters) – Mastercard has reached an agreement in principle to settle a collective London lawsuit brought on behalf of…
Meta seeks nuclear power developers for reactors to start in early 2030s
By Timothy Gardner WASHINGTON (Reuters) -Meta said on Tuesday it is seeking proposals from nuclear power developers to help meet…
Amazon announces new slate of AI models
By Greg Bensinger LAS VEGAS (Reuters) -Amazon announced a new slate of artificial intelligence platforms, known as foundation models, at…
Trump urges judge to dismiss hush money case due to election victory
By Luc Cohen NEW YORK (Reuters) -Donald Trump on Tuesday asked a New York state judge to dismiss the criminal…
Salesforce’s third-quarter revenue beats on strong cloud demand
(Reuters) -Salesforce beat Wall Street estimates for third-quarter revenue on Tuesday and raised the lower end of its annual revenue…