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Explainer-The Fed nears its 2% solution after a punishing bout of rising prices

By Howard Schneider WASHINGTON (Reuters) – Inflation is nearing the Federal Reserve’s 2% target, and the central bank is expected…

July 29, 2024January 24, 2025
Top News

As fighting rages, displaced Gazans struggle with disease and lack of shelter

By Nidal al-Mughrabi and Ramadan Abed CAIRO/DEIR AL-BALAHA, Gaza Strip (Reuters) – Thousands of Palestinians fled a community in the…

July 29, 2024January 24, 2025
Business

Microsoft’s costs in focus as fears rise over slow payoff from AI

By Aditya Soni (Reuters) – Microsoft investors will have one big question when the tech giant reports earnings on Tuesday:…

July 29, 2024January 24, 2025
Uncategorized

US-listed crypto stocks jump after Trump’s pro-bitcoin speech

By Niket Nishant (Reuters) – Shares of New York-listed cryptocurrency firms gained before the open on Monday after Republican presidential…

July 29, 2024January 24, 2025
Business

Paris Olympics broadcasters diverge on AI approach

By Sheila Dang (Reuters) – The Paris Olympics will be a showcase of generative AI for American viewers but European…

July 26, 2024January 24, 2025
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Mexican drug lord Ismael ‘El Mayo’ Zambada set to appear in Texas court on Friday

MEXICO CITY (Reuters) – Mexican drug kingpin Ismael “El Mayo” Zambada was set to appear in an El Paso federal…

July 26, 2024January 24, 2025
Economy

Yellen says G7 can reach deal on $50 billion Ukraine loan by October

By David Lawder RIO DE JANEIRO (Reuters) – U.S. Treasury Secretary Janet Yellen told Reuters on Friday that “things look…

July 26, 2024January 24, 2025
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Cooling US inflation bolsters September rate cut hopes

By Lucia Mutikani WASHINGTON (Reuters) – U.S. prices increased moderately in June as the declining cost of goods tempered a…

July 26, 2024January 24, 2025
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Amazon racing to develop AI chips cheaper, faster than Nvidia’s, executives say

By Max A. Cherney AUSTIN, Texas (Reuters) – Inside Amazon.com’s chip lab in Austin, Texas, half a dozen engineers on…

July 25, 2024January 24, 2025
Business

Ackman cuts new fund’s target size, asks investors to commit

By Svea Herbst-Bayliss (Reuters) – Bill Ackman said his new U.S. listed fund, Pershing Square USA, will be dramatically smaller…

July 25, 2024January 24, 2025

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