Wall St slips on debt ceiling uncertainty
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed out the trading week on a soft note on Friday…
Category: Economy
Artificial intelligence gives real boost to U.S. stock market
By Lewis Krauskopf NEW YORK (Reuters) – Recent advances in artificial intelligence are fueling optimism over how businesses can operate…
JPMorgan investors to scrutinize First Republic takeover
By Nupur Anand NEW YORK (Reuters) -As JPMorgan Chase & Co CEO Jamie Dimon prepares to take the stage for…
Fed’s hawks make a pitch against a rate-hike pause
(Reuters) – U.S. inflation does not look like it is cooling fast enough to allow the Federal Reserve to hit…
As household budgets tighten, big brands double down in dollar stores
By Jessica DiNapoli NEW YORK (Reuters) – Makers of brand-name household basics like Dunkin’ coffee and Schick razors are bulking…
Wall Street closes lower after Home Depot outlook, US retail sales
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stock indexes closed lower on Tuesday after a disappointing forecast from Home…
Capital One shares rebound after Warren Buffett makes near $1 billion bet on bank
By Chibuike Oguh, Niket Nishant and Chuck Mikolajczak (Reuters) -Shares of Capital One Financial Corp rose on Tuesday, rebounding from…
Bridgewater dumps bank stocks amid turmoil in first quarter -filings
(This May 15 story has been corrected to say ‘million,’ not ‘billion,’ in paragraph 8) By Carolina Mandl SAO PAULO…