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Category: Economy

GameStop shares plummet after fifth CEO exit in 5 years
BusinessEconomyTechnologyUS

GameStop shares plummet after fifth CEO exit in 5 years

By Akash Sriram (Reuters) -GameStop fell about 19% on Thursday and was set for its worst session in two years…

June 8, 2023June 8, 2023
Just Climate raises $1.5 billion with help from Microsoft fund
BusinessEconomyEnvironment

Just Climate raises $1.5 billion with help from Microsoft fund

LONDON (Reuters) – Asset manager Just Climate said on Thursday it had raised $1.5 billion for its inaugural fund after…

June 8, 2023June 8, 2023
US bond giant PIMCO sees chance to expand lending after banking turmoil
BusinessEconomyUS

US bond giant PIMCO sees chance to expand lending after banking turmoil

By Davide Barbuscia NEW YORK (Reuters) – PIMCO said on Tuesday that this year’s banking turmoil has created opportunities for…

June 6, 2023June 6, 2023
US bank stocks rebound, regional banking index hits near 7-week high
BusinessEconomyUS

US bank stocks rebound, regional banking index hits near 7-week high

By Manya Saini (Reuters) -Shares of U.S. banks regained some footing on Tuesday, with one of the top regional banking…

June 6, 2023June 6, 2023
Apple to sell Vision Pro AR headset for triple Meta’s top-line price
BusinessEconomyEntertainment and LifestyleTechnologyUS

Apple to sell Vision Pro AR headset for triple Meta’s top-line price

By Stephen Nellis CUPERTINO, California (Reuters) -Apple on Monday unveiled a costly augmented-reality headset called the Vision Pro in its…

June 6, 2023June 6, 2023
S&P 500 ends lower as traders eye potential pause in rate hikes
BusinessEconomyUS

S&P 500 ends lower as traders eye potential pause in rate hikes

By Noel Randewich and Shristi Achar A (Reuters) – The S&P 500 ended lower on Monday as investors weighed whether…

June 5, 2023June 5, 2023
Shares steady on hopes for rate-hike hiatus in June
AsiaAustraliaBusinessEconomyEuropeTop NewsUS

Shares steady on hopes for rate-hike hiatus in June

By Lawrence White and Koh Gui Qing NEW YORK/LONDON (Reuters) – World stocks and the dollar dipped on Monday as…

June 5, 2023June 5, 2023
Apple shares notch all-time high ahead of developer conference
BusinessEconomy

Apple shares notch all-time high ahead of developer conference

(Reuters) -Apple Inc shares hit a record high for the first time in 17 months on Monday, ahead of an…

June 5, 2023June 5, 2023
Biden signs debt limit bill, avoiding U.S. default
BusinessEconomyPoliticsTop News

Biden signs debt limit bill, avoiding U.S. default

By Trevor Hunnicutt WASHINGTON (Reuters) -President Joe Biden on Saturday signed a bill that suspends the U.S. government’s $31.4 trillion…

June 5, 2023June 5, 2023
Forever in debt: Why U.S. loans are getting longer
BusinessEconomyEntertainment and LifestyleUS

Forever in debt: Why U.S. loans are getting longer

By Chris Taylor NEW YORK (Reuters) – Consumers facing high asset prices and rising interest rates have a few loan…

June 5, 2023June 5, 2023

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