Powell has used Jackson Hole to battle inflation and buoy jobs; he’s now caught between both
By Howard Schneider WASHINGTON (Reuters) -Fed Chair Jerome Powell used the central bank’s annual Wyoming research conference to promise inflation-fighting…
Fed Chair Powell to speak Aug 22 amid speculation on rate cuts, replacement
(Reuters) -Federal Reserve Chair Jerome Powell will give a speech on the economic outlook and the Fed’s review of its…
Berkshire invests in UnitedHealth, trims Apple stake
(Reuters) -Warren Buffett’s Berkshire Hathaway disclosed on Thursday that it has begun investing in UnitedHealth Group after the insurer became…
Applied Materials sees lower-than-expected quarterly revenue, shares slump
(Reuters) -Applied Materials forecast fourth-quarter revenue below estimates on Thursday, citing bumpy demand from clients amid economic uncertainty, sending its…
Oracle, Google cloud units strike deal for Oracle to sell Gemini models
By Stephen Nellis SAN FRANCISCO (Reuters) -Oracle and Alphabet said on Thursday their cloud computing units have struck a deal…
Exxon could invest as much as $21.7 billion if it finds oil, gas in Trinidad, energy minister says
(Reuters) -Exxon Mobil could invest as much as $21.7 billion in Trinidad and Tobago if the energy major finds reserves…
Ex-Fed’s Bullard says he’s talked with Bessent about Fed chair job
(Reuters) -Former St. Louis Federal Reserve Bank President James Bullard on Tuesday said he spoke with U.S. Treasury Secretary Scott…
Trump rebukes Goldman’s Solomon over bank’s tariff impact research
(Reuters) -U.S. President Donald Trump hit out at Goldman Sachs CEO David Solomon on Tuesday, saying the bank had been…
Brazil consumer coffee prices fall in July for first time in 18 months
RIO DE JANEIRO (Reuters) -Brazil’s consumer coffee prices fell 1.01% in July, the first drop in 18 months, according to…
Cuban currency hits record low as dollarization gains ground
By Marc Frank HAVANA -The Cuban peso traded on the informal market at an all-time low of 400 to the…