by Reuters | May 30, 2023 | Business, Economy, Top News, US
By Paritosh Bansal (Reuters) -Having navigated the financial crisis of 2008, Neel Kashkari worries about systemic risks. But now, as a U.S. monetary policymaker, he worries even more about inflation. “I think if I had to err, I would err on being a little bit...
by Reuters | May 29, 2023 | Business, Economy, Europe, Middle East, UK, US
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices edged higher in choppy trading on Monday, as markets weighed a tentative U.S. debt ceiling deal that would avert a default by the world’s top oil consumer against further Federal Reserve interest rate...
by Reuters | May 29, 2023 | Business, Economy, Politics, Top News, US
NEW YORK (Reuters) – U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to suspend the federal government’s $31.4 trillion debt ceiling, ending a months-long stalemate. But the deal still faces a...
by Reuters | May 29, 2023 | Business, Economy, Politics, US
By Laura Matthews, Chibuike Oguh and Herbert Lash (Reuters) -Global investors are gaming out how a tentative deal to raise the United States debt ceiling could ripple through markets, as lawmakers strive to pass the agreement through Congress before a June 5 deadline....
by Reuters | May 29, 2023 | Asia, Business, Economy, Entertainment and Lifestyle, Technology, US
By Joseph White DETROIT (Reuters) -Nvidia Corp and MediaTek Inc on Monday said they will collaborate on technology to power advanced vehicle infotainment systems that can stream video or games or interact with drivers using artificial intelligence. Under the...
by Reuters | May 27, 2023 | Economy, Europe, Middle East, Politics, Top News, US
(Reuters) – Tehran on Saturday accused Ukrainian President Volodymyr Zelenskiy of anti-Iranian propaganda in his call for Iran to halt the supply of drones to Russia, saying his comments were designed to attract more arms and financial aid from the West....