US inflation up moderately in April, consumer spending weakens
By Lindsay Dunsmuir (Reuters) -U.S. inflation tracked sideways in April and consumer spending weakened, mixed signals for the Federal Reserve…
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Nvidia set to overtake Apple as world’s second-most valuable company
By Medha Singh (Reuters) – Nvidia could soon surpass Apple to become the world’s second-most valuable company, as the kingmaker…
WeWork cleared to exit bankruptcy and slash $4 billion in debt
By Dietrich Knauth NEW YORK (Reuters) -A U.S. bankruptcy judge on Thursday approved WeWork’s Chapter 11 bankruptcy plan, allowing the…
Billionaire investor Ackman considering backing Trump in US election, source says
By Carolina Mandl (Reuters) -Billionaire hedge fund manager Bill Ackman is considering endorsing Donald Trump as the former U.S. president…
Wall Street braces for faster trade settlement
By Laura Matthews and Carolina Mandl NEW YORK (Reuters) – U.S. trading moves to a shorter settlement on Tuesday, which…
Nasdaq crosses 17,000 mark ahead of inflation test
By Johann M Cherian and Lisa Pauline Mattackal (Reuters) -The Nasdaq breached the 17,000 level for the first time on…
Dollar firm ahead of global inflation data
SINGAPORE (Reuters) – The dollar made a steady start to the week, as investors were focused on U.S., European and…
Tesla shareholders advised to reject Musk’s $56 billion pay
(Reuters) – Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla shareholders to reject a $56 billion…
Blackstone CEO Schwarzman to back Trump, Axios reports
(Reuters) – Blackstone CEO Stephen Schwarzman will support Donald Trump as the former president looks to return to the White…
Amazon.com investors reject all 14 outside proposals at meeting
By Greg Bensinger (Reuters) -Amazon.com investors voted against all 14 resolutions that asked the retailer to disclose more about its…