US 30-year fixed mortgage rate jumps to near 21-1/2-year high
By Safiyah Riddle (Reuters) – U.S. mortgage rates surged this week, with the popular 30-year fixed rate hitting the highest…
Category: General
Elon Musk’s SpaceX turns profit in first quarter as revenue soars – WSJ
(Reuters) -Elon Musk-owned SpaceX’s surging revenue helped it turn a small profit in the first quarter of 2023 after two…
Warren Buffett donates $27 million Berkshire stock
(Reuters) – Warren Buffett donated nearly $27 million of Berkshire Hathaway stock this week to an unnamed charity, the latest…
Tesla warns Core Lithium of potential lawsuit over failed deal
(Reuters) -Core Lithium has received a notice from electric-vehicle maker Tesla over a 2022 supply agreement that failed to materialize…
Rouble strengthens as market anticipates possible capital controls
By Alexander Marrow and Elena Fabrichnaya (Reuters) – The Russian rouble strengthened to 93 against the dollar on Thursday, in…
Stellantis invests more than $100 million in California lithium project
By Ernest Scheyder (Reuters) – Automaker Stellantis said it would invest more than $100 million in California’s Controlled Thermal Resources,…
Biden touts Inflation Reduction Act on first anniversary
By Trevor Hunnicutt and Jarrett Renshaw WASHINGTON (Reuters) – U.S President Joe Biden on Wednesday used the first anniversary of…
Wall Street ends lower after Fed minutes cloud outlook for rates
By Saeed Azhar and Noel Randewich NEW YORK (Reuters) – Wall Street ended lower on Wednesday after the Federal Reserve’s…
Coinbase wins approval to offer crypto futures trading in US
(Reuters) -Coinbase Global said on Wednesday it had secured approval to offer cryptocurrency futures to U.S. retail customers, scoring a…
OpenAI acquires start-up Global Illumination to work on core products, ChatGPT
(Reuters) – OpenAI said on Wednesday it had acquired digital products company Global Illumination, in what comes as the first…