J.P.Morgan forecasts spending on data centers could boost US GDP by 20 basis points in 2025-26
By Siddarth S (Reuters) – J.P.Morgan estimated spending on data centers could contribute between 10-20 basis points to U.S. economic…
Category: General
Morning Bid: Inflation relief and bumper bank earnings
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street’s best day of the…
US retail sales exit 2024 with momentum; labor market on solid ground
By Lucia Mutikani WASHINGTON (Reuters) -U.S. retail sales increased in December as households bought motor vehicles and a range of…
World Bank warns that US tariffs could reduce global growth outlook
By Andrea Shalal WASHINGTON (Reuters) – The World Bank on Thursday warned that U.S. across-the-board tariffs of 10% could reduce…
US import prices remain tame in December
WASHINGTON (Reuters) – U.S. import prices barely rose for a third straight month in December as a surge in the…
Trump will keep TikTok from ‘going dark’ if deal is on table, adviser says
By David Shepardson WASHINGTON (Reuters) -U.S. President-elect Donald Trump’s incoming national security adviser said on Thursday the new administration will…
Democratic-led states look to defend Biden healthcare rule for DACA immigrants
By Daniel Wiessner (Reuters) – The Democratic attorneys general of 14 U.S. states moved on Wednesday to take over the…
Pentagon investigation raises new concerns about Austin’s 2024 hospitalization
By Phil Stewart and Idrees Ali WASHINGTON (Reuters) -An investigation released on Wednesday into U.S. Defense Secretary Lloyd Austin’s secret…
US regulators propose capping nicotine in cigarettes at non-addictive levels
LONDON (Reuters) -U.S. regulators are proposing to cap the amount of nicotine in cigarettes at non-addictive levels, in a potential…
US bans use of Red No.3 dye in food, drugs over potential cancer links
(Reuters) -The U.S. on Wednesday banned the use of a synthetic food dye that gives some candies, cakes and certain…