Wall Street ends higher as investors await US inflation, jobs data
By Shristi Achar A and Noel Randewich (Reuters) – Wall Street ended higher on Monday, with gains in 3M and…
Hedge fund exposure to 7 biggest tech stocks at record high, Goldman Sachs says
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) – Hedge funds hold record exposure to the seven biggest tech…
Vinfast rallies on after becoming world’s third-most valuable automaker
(Reuters) -Shares of Vietnamese electric-vehicle maker Vinfast surged 21% on Monday, extending a rally from last week that more than…
OpenAI releasing version of ChatGPT for large businesses
By Anna Tong (Reuters) -Artificial intelligence leader OpenAI said on Monday it is releasing a version of ChatGPT targeted to…
U.S. trucking firms see freight downturn reversing after dour quarter
By Priyamvada C (Reuters) -The U.S. trucking industry may begin to see an uptick in freight demand in the back…
China Evergrande H1 net loss narrows to $4.5 billion
By Clare Jim HONG KONG (Reuters) – China Evergrande Group, the world’s most-indebted property developer, on Sunday reported a narrower…
BoE’s Broadbent: Rates may have to stay high ‘for some time yet’
JACKSON HOLE, Wyoming (Reuters) -Interest rates in Britain might have to stay high “for some time yet,” Bank of England…
Trump, Biden policies shifted trade from China at a cost, study shows
By Howard Schneider JACKSON HOLE, Wyoming (Reuters) – U.S. trade has shifted away from China due to policies enacted by…
Dollar steady as Fed’s Powell says higher rates may be needed
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar held steady on Friday, on pace to finish the week…
Oil futures up 1% to one-week high on soaring US diesel prices
By Scott DiSavino NEW YORK (Reuters) -Oil futures climbed about 1% to a one-week high on Friday as U.S. diesel…