by Reuters | Jun 6, 2023 | Business, Economy, US
By Manya Saini (Reuters) -Shares of U.S. banks regained some footing on Tuesday, with one of the top regional banking indexes hitting its highest in nearly seven weeks, as investors shrugged off reports of tighter capital requirements for banks. The tenuous relief...
by Reuters | Jun 6, 2023 | Business, Economy, Entertainment and Lifestyle, Technology, US
By Stephen Nellis CUPERTINO, California (Reuters) -Apple on Monday unveiled a costly augmented-reality headset called the Vision Pro in its riskiest bet since the introduction of the iPhone more than a decade ago, barging into a market dominated by Meta. At its annual...
by Reuters | Jun 5, 2023 | Business, Economy, US
By Noel Randewich and Shristi Achar A (Reuters) – The S&P 500 ended lower on Monday as investors weighed whether the U.S. Federal Reserve might pause its interest rate hikes at its upcoming policy meeting, while Apple briefly hit a record high before losing...
by Reuters | Jun 5, 2023 | Asia, Australia, Business, Economy, Europe, Top News, US
By Lawrence White and Koh Gui Qing NEW YORK/LONDON (Reuters) – World stocks and the dollar dipped on Monday as investors mulled whether the Federal Reserve will refrain from raising rates in June after data last week showed slowing U.S. wage growth, while oil...
by Reuters | Jun 5, 2023 | Business, Economy
(Reuters) -Apple Inc shares hit a record high for the first time in 17 months on Monday, ahead of an annual software developer conference, although the company’s market value remained short of an all-time peak of $3 trillion. Apple is expected to launch a...
by Reuters | Jun 5, 2023 | Business, Economy, Politics, Top News
By Trevor Hunnicutt WASHINGTON (Reuters) -President Joe Biden on Saturday signed a bill that suspends the U.S. government’s $31.4 trillion debt ceiling, averting what would have been a first-ever default with just two days to spare. The House of Representatives...