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Fed needs time, data, patience on inflation fight: Daly
Business

Fed needs time, data, patience on inflation fight: Daly

(Reuters) – Despite “remarkable” progress on U.S. inflation, Federal Reserve Bank of San Francisco President Mary Daly said on Friday…

February 16, 2024February 16, 2024
AI firms surge after chip giant Nvidia discloses stake
Business

AI firms surge after chip giant Nvidia discloses stake

By Medha Singh (Reuters) -Shares of smaller AI firms rallied on Thursday after the world’s most dominant artificial intelligence chipmaker,…

February 15, 2024February 15, 2024
NYCB discloses over $18.7 billion in reciprocal deposit capacity, shares rise
Business

NYCB discloses over $18.7 billion in reciprocal deposit capacity, shares rise

By Manya Saini (Reuters) -New York Community Bancorp shares rose 5% on Thursday after it disclosed it has more than…

February 15, 2024February 15, 2024
Pfizer agrees to pay $93 million to settle Lipitor antitrust lawsuit
Business

Pfizer agrees to pay $93 million to settle Lipitor antitrust lawsuit

By Mike Scarcella (Reuters) – Pfizer has agreed to pay $93 million to settle antitrust claims by wholesale drug distributors…

February 15, 2024February 15, 2024
Lucid slashes prices of Air luxury EVs again to spur demand
Business

Lucid slashes prices of Air luxury EVs again to spur demand

(Reuters) -Electric-vehicle maker Lucid Group lowered prices of its flagship Air luxury sedans by 1% to 10% on Thursday, in…

February 15, 2024February 15, 2024
Putin says he prefers ‘more predictable’ Biden over Trump
Top News

Putin says he prefers ‘more predictable’ Biden over Trump

By Mark Trevelyan LONDON (Reuters) -Russian President Vladimir Putin said in an interview broadcast on Wednesday that he preferred Joe…

February 15, 2024February 15, 2024
Wall Street ends higher, lifted by Uber, Lyft and Nvidia
Business

Wall Street ends higher, lifted by Uber, Lyft and Nvidia

By Noel Randewich and Johann M Cherian (Reuters) -Wall Street ended sharply higher on Wednesday as ride-hailing platforms Lyft and…

February 14, 2024February 14, 2024
Nvidia replaces Alphabet as Wall St’s third most valuable company
Business

Nvidia replaces Alphabet as Wall St’s third most valuable company

By Noel Randewich (Reuters) -Nvidia eclipsed Google-parent Alphabet as the third most valuable U.S. company on Wednesday, just after overtaking…

February 14, 2024February 14, 2024
Exclusive-Biden slashes F-35 jet order 18% in 2025 budget request, sources say
Domestic

Exclusive-Biden slashes F-35 jet order 18% in 2025 budget request, sources say

By Mike Stone WASHINGTON (Reuters) -U.S. President Joe Biden wants an 18% cut in the number of F-35 jets the…

February 14, 2024February 14, 2024
NYCB shares drop as rate worries add to CRE exposure risk
Business

NYCB shares drop as rate worries add to CRE exposure risk

By Niket Nishant (Reuters) -New York Community Bancorp shares fell nearly 4% after inflation data on Tuesday on investor worries…

February 13, 2024February 13, 2024

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