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

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

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

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

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...
Shares steady on hopes for rate-hike hiatus in June

Shares steady on hopes for rate-hike hiatus in June

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...
Apple shares notch all-time high ahead of developer conference

Apple shares notch all-time high ahead of developer conference

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

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

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

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

Jun 5, 2023 | Business, Economy, Entertainment and Lifestyle, US

By Chris Taylor NEW YORK (Reuters) – Consumers facing high asset prices and rising interest rates have a few loan options. None are particularly attractive. Buyers of homes or new cars might be better off waiting. But if you must go ahead, either face taking on...
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