Jul 6, 2023 | Asia, Economy, Environment, Politics, Top News, US
By Andrea Shalal and Yew Lun Tian BEIJING (Reuters) -U.S. Treasury Secretary Janet Yellen on Thursday began a four-day visit to China focused on easing tensions between the world’s two largest economies, despite low expectations on both sides. Shortly after...
Jul 6, 2023 | Business, Economy, Entertainment and Lifestyle, Technology, US
(Corrects grammar in first paragraph) By Katie Paul NEW YORK (Reuters) -Meta Platforms on Wednesday launched a direct challenge to Twitter with Threads, garnering millions of users in hours as it sought to take advantage of its rival’s much-weakened state after...
Jul 6, 2023 | Asia, Australia, Business, Canada, Economy, Europe, UK, US
By Herbert Lash NEW YORK (Reuters) -The dollar eased after a brief rebound on Thursday as data showing the U.S. labor market remains strong increased chances the Federal Reserve will raise interest rates later this month. Private payrolls surged in June in the biggest...
Jul 6, 2023 | Business, Economy, US
NEW YORK (Reuters) – U.S. 30-year mortgage rates rose to an average of 6.81% this week, the highest level of 2023, according to Freddie Mac’s mortgage market survey. Mortgage rates have risen sharply in tandem with the Federal Reserve’s aggressive...
Jul 6, 2023 | Business, Economy, Technology, Top News, US
By Aditya Soni (Reuters) -Meta’s Threads racked up more than 30 million sign-ups within about 18 hours of its launch, emerging as the first real threat to Elon Musk-owned Twitter, as it took advantage of its access to billions of Instagram users and a similar...
Jul 6, 2023 | Business, Technology, US
By Martin Coulter (Reuters) -Meta Platforms plans to launch a Twitter-rivalling microblogging app called Threads, days after Twitter boss Elon Musk attracted criticism by announcing a temporary cap on how many posts users can read on the social media site. Threads is...
