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Category: Economy

Wall Street ends down, snaps weekly winning streak on Fed worries
BusinessEconomyTop NewsUS

Wall Street ends down, snaps weekly winning streak on Fed worries

By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed lower on Friday, capping a week dominated by Federal Reserve…

June 23, 2023June 23, 2023
SpaceX tender offer values company at about $150 billion – Bloomberg News
BusinessEconomyTechnologyUS

SpaceX tender offer values company at about $150 billion – Bloomberg News

(Reuters) – Elon Musk’s SpaceX is offering to sell insider shares at a price that would raise the company’s valuation…

June 23, 2023June 23, 2023
Forecasts show U.S. earnings decline in second quarter
BusinessEconomyUS

Forecasts show U.S. earnings decline in second quarter

By Caroline Valetkevitch NEW YORK (Reuters) – Forecasts for second-quarter U.S. earnings still look gloomy after a much-better-than-feared first quarter…

June 23, 2023June 25, 2023
Biden to deliver major economic address in Chicago next week
EconomyElectionsPoliticsTop NewsUS

Biden to deliver major economic address in Chicago next week

By Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden will deliver what his aides are billing as a major…

June 23, 2023June 23, 2023
Biden, Modi hail new era for US-India ties and tout deals
AsiaEconomyPoliticsTop NewsUS

Biden, Modi hail new era for US-India ties and tout deals

By Nandita Bose and Patricia Zengerle WASHINGTON (Reuters) -U.S. President Joe Biden and Narendra Modi hailed a new era in…

June 23, 2023June 23, 2023
Warren Buffett’s charitable giving tops $51 billion
BusinessEconomyEntertainment and LifestyleTop NewsUS

Warren Buffett’s charitable giving tops $51 billion

By Jonathan Stempel (Reuters) -Warren Buffett has donated another $4.64 billion of Berkshire Hathaway stock to five charities, boosting his…

June 22, 2023June 22, 2023
Meta Platforms’ return to growth index highlights annual Russell refresh
BusinessEconomyEuropeTechnologyUKUS

Meta Platforms’ return to growth index highlights annual Russell refresh

By Chuck Mikolajczak NEW YORK (Reuters) -Meta Platforms will return to its former status as a full growth stock after…

June 22, 2023June 22, 2023
Wall Street extends sell-off as Powell hints at further rate hikes
BusinessEconomyTop NewsUS

Wall Street extends sell-off as Powell hints at further rate hikes

By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed lower on Wednesday as Federal Reserve Chairman Jerome Powell’s congressional…

June 21, 2023June 21, 2023
Wall Street ends lower, pausing rally as Powell testimony looms
BusinessEconomyTop News

Wall Street ends lower, pausing rally as Powell testimony looms

By Stephen Culp NEW YORK (Reuters) – U.S. stocks softened on Tuesday, closing in negative territory as investors began the…

June 21, 2023June 21, 2023
Private equity-backed Savers Value Village targets $2.7 billion valuation in US IPO
BusinessEconomyUS

Private equity-backed Savers Value Village targets $2.7 billion valuation in US IPO

(This June 20 story has been refiled to spell out the name of Healthcare of Ontario Pension Plan in paragraph…

June 21, 2023June 21, 2023

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