by Reuters | May 14, 2023 | Business, Economy, Top News, US
By Lewis Krauskopf NEW YORK (Reuters) -A U.S. stocks rally is leaving behind smaller companies, a sign that investors may be bracing for economic turmoil ahead. The small-cap Russell 2000 is down about 1% this year, compared to a rally that has boosted the S&P...
by Reuters | May 13, 2023 | Business, Canada, Economy, Europe, Top News, US
By Jonathan Stempel (Reuters) – Squishmallows joined Warren Buffett’s business empire two years after Lady Gaga, Kim Kardashian and others helped make the plush stuffed toys a viral sensation on TikTok. For Judd and Laura Zebersky, whose company Jazwares...
by Reuters | May 13, 2023 | Economy, Politics, Top News, US
WASHINGTON (Reuters) – President Joe Biden said on Saturday that talks with Congress on raising the U.S. government’s debt limit were moving along and more will be known about their progress in the next two days. “I think they are moving along, hard...
by Reuters | May 12, 2023 | Business, Economy, Top News, US
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended slightly lower on Friday, led by weaker megacap shares following their recent rally, as data showed U.S. consumer sentiment dropped to a six-month low. The Dow was barely lower in its fifth straight...
by Reuters | May 12, 2023 | Business, Economy, Politics, Top News, US
By Richard Cowan WASHINGTON (Reuters) – The Washington standoff over raising the U.S. government’s $31.4 trillion borrowing limit is adding to global economic worries, as a new non-partisan congressional report cited “significant risk” of a...
by Reuters | May 12, 2023 | Business, Environment, Politics, Top News, US
By Valerie Volcovici and Timothy Gardner (Reuters) – The Biden administration’s plan to decarbonize the U.S. power sector envisions the first-ever large-scale use of carbon capture and green hydrogen over the next decade – raising questions about...