Fed policymakers say they are ready to cut interest rates
By Ann Saphir, Lindsay Dunsmuir and Michael S. Derby (Reuters) -Federal Reserve policymakers on Friday said they are ready to…
Year: 2024
Broadcom shares slump as revenue target disappoints investors hoping for big AI boost
(Reuters) – Broadcom’s shares slid about 9% in premarket trading on Friday, after the chipmaker’s revenue forecast spooked investors betting…
AT&T makes final offer to striking CWA union
(Reuters) – Telecom operator AT&T has presented the Communications Workers of America’s bargaining committee with its final offer, the union…
Trump to back Musk’s proposal for government efficiency commission
By Helen Coster (Reuters) -Republican presidential candidate Donald Trump plans on Thursday to throw his weight behind a government efficiency…
Ford sales rise 13.4% in August on SUV, pick-up truck demand
(Reuters) – Ford Motor said on Thursday U.S. vehicle sales in August rose 13.4% to 182,985 units, helped by robust…
Applied Digital surges 65% on funding deal with investors, including Nvidia
(Reuters) -Applied Digital shares soared nearly 65% to hit their highest level in more than a month on Thursday, after…
US job openings at 3-1/2-year low as labor market cools
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings dropped to a 3-1/2-year low in July, suggesting the labor market…
Hedge funds held gains in August market roller-coaster
By Nell Mackenzie LONDON (Reuters) – Global hedge funds posted positive results in August even as the unwind in popular…
Nvidia’s stock swoon turns attention to Big Tech’s sway over markets
By Lewis Krauskopf NEW YORK (Reuters) – Shares of Nvidia and other Big Tech stocks have helped power the markets…
Meta oversight board asks firm not to automatically remove pro-Palestinian phrase
(Reuters) – Meta Platforms’ Oversight Board said on Wednesday the Facebook parent should not automatically remove a phrase seen by…