Fed’s Waller eyes July rate rise, and another hike before year ends
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Governor Christopher Waller said Thursday he’s not ready to call an…
Category: US
Microsoft under fire after hacks of US State and Commerce departments
By Raphael Satter WASHINGTON (Reuters) – In late June, one of cybersecurity expert Steven Adair’s clients got an alert from…
Elon Musk launches AI firm xAI as he looks to take on OpenAI
(Reuters) -Elon Musk, the billionaire entrepreneur, launched his long-teased artificial intelligence startup xAI on Wednesday, unveiling a team comprised of…
Amazon’s ‘biggest ever’ Prime Day boosts US online sales to $12.7 billion
By Granth Vanaik (Reuters) -U.S. online sales during Amazon.com’s Prime Day shopping event rose 6.1% to $12.7 billion from last…
Tesla looking to make about half million EVs annually in India- report
BENGALURU (Reuters) -Tesla is discussing an investment proposal with the Indian government to set up a factory with an annual…
Amazon Prime Day sales rise as deep discounts tempt inflation-hit shoppers
By Ananya Mariam Rajesh, Granth Vanaik and Arriana McLymore (Reuters) -Amazon.com’s Prime Day two-day shopping event saw U.S. online sales…
NATO allies offer Ukraine security assurances as Biden hits out at ‘craven’ Putin
By Steve Holland, Andrew Gray, John Irish and Sabine Siebold VILNIUS (Reuters) -President Joe Biden accused Russian President Vladimir Putin…
Nasdaq leads Wall St to higher close as CPI report lifts sentiment
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended solidly higher on Wednesday, led by a gain of more…
US economy shifts into disinflation mode; consumer prices rise modestly
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices rose modestly in June and registered their smallest annual increase in…
Options hedges against a break in US stock market calm at record high
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options traders are taking advantage of muted U.S. stock market gyrations to…