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Fed seen more likely to deliver bigger rate cuts as job openings fall
Uncategorized

Fed seen more likely to deliver bigger rate cuts as job openings fall

(Reuters) – Traders on Wednesday added to bets that the Federal Reserve will deliver a half-a-percentage-point reduction at its next…

September 4, 2024January 24, 2025
Nvidia’s stock swoon turns attention to Big Tech’s sway over markets
Business

Nvidia’s stock swoon turns attention to Big Tech’s sway over markets

By Lewis Krauskopf NEW YORK (Reuters) – Shares of Nvidia and other Big Tech stocks have helped power the markets…

September 4, 2024January 24, 2025
AI likely to weigh on oil prices over the next decade, Goldman says
Business

AI likely to weigh on oil prices over the next decade, Goldman says

(Reuters) – Artificial intelligence could hurt oil prices over the next decade by boosting supply by potentially reducing costs via…

September 3, 2024January 24, 2025
Berkshire’s BofA stake cuts top $6 billion, analysts say Buffett booking profits
Business

Berkshire’s BofA stake cuts top $6 billion, analysts say Buffett booking profits

By Arasu Kannagi Basil (Reuters) – Berkshire Hathaway has offloaded Bank of America shares worth more than a combined $6…

September 3, 2024January 24, 2025
Chinese electric carmaker BYD denies pause on Mexico plant plans
Business

Chinese electric carmaker BYD denies pause on Mexico plant plans

MEXICO CITY (Reuters) -China’s electric automaker BYD said on Tuesday that it has not postponed “any decision” regarding its planned…

September 3, 2024January 24, 2025
New Fortress Energy receives authorization to export LNG to non-FTA countries
Business

New Fortress Energy receives authorization to export LNG to non-FTA countries

(Reuters) -New Fortress Energy said on Tuesday it has received authorization from the U.S. Department of Energy to export liquefied…

September 3, 2024January 24, 2025
Ulta Beauty lowers annual forecasts on slowing demand for beauty products
Business

Ulta Beauty lowers annual forecasts on slowing demand for beauty products

(Reuters) -Ulta Beauty cut its annual sales and profit forecasts on Thursday, hurt by slowing demand for higher-priced cosmetics and…

August 29, 2024January 24, 2025
Business

Apple, Nvidia in talks to join OpenAI funding round, media reports say

(Reuters) -Apple and chip giant Nvidia are reportedly in talks to invest in OpenAI as part of a new fundraising…

August 29, 2024January 24, 2025
Top News

Israel, Hamas set three-day pauses in fighting for Gaza polio vaccinations, WHO says

By Michelle Nichols UNITED NATIONS (Reuters) -Israel’s military and Palestinian militant group Hamas have agreed to three separate, zoned three-day…

August 29, 2024January 24, 2025
Business

Lululemon cuts annual forecasts on tepid US demand, rising competition

By Savyata Mishra (Reuters) – Lululemon Athletica cut its annual sales and profit forecasts on Thursday, hurt by increased competition…

August 29, 2024January 24, 2025

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