Morning Bid: Powell dashes easing hopes, markets dented again
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Investors in Asia hoping for some…
Trump Media shares tank after filing shows more stock may be sold
By Echo Wang (Reuters) -Shares of Donald Trump’s social media company slumped 18% on Monday, extending losses since the stock’s…
Trump has an edge over Biden on economy, Reuters/Ipsos poll finds
By Jason Lange WASHINGTON (Reuters) – U.S. voters view Republican presidential candidate Donald Trump as better for the economy than…
Repeat offenders made up 40% of US corporate defaults in 2023, Moody’s says
By Matt Tracy (Reuters) – Around 40% of U.S. companies that defaulted on their debt obligations in 2023 had previously…
Microsoft to invest $1.5 billion in Emirati AI firm G42 for minority stake
DUBAI (Reuters) -Microsoft is investing $1.5 billion in United Arab Emirates-based artificial intelligence firm G42, giving the U.S. giant a…
Lockheed wins US missile defense contract worth $17 billion
By Mike Stone (Reuters) -Lockheed Martin has won a $17 billion contract to develop the next generation of interceptors to…
Fed’s reverse repo facility plummets to lowest level in nearly three years
By Michael S. Derby NEW YORK (Reuters) -A key Federal Reserve facility that takes in cash from money market funds…
Apple denies violating US court order in Epic Games lawsuit
By Mike Scarcella (Reuters) – IPhone maker Apple on Friday denied violating a court order governing its App Store and…
US agencies to probe unfair practices in airline loyalty programs in hearing
WASHINGTON (Reuters) – As part of an effort to protect consumers from deceptive and unfair practices, the U.S. Department of…
Coinbase asks to appeal part of case against US SEC
WASHINGTON (Reuters) – Coinbase asked two courts for permission on Friday to appeal part of its ongoing lawsuit with the…