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Marketmind: Fed steals focus, stocks sell off
A look at the day ahead in European and global markets from Kevin Buckland The dominating theme in global financial markets is once again central bank policy, and equity investors in particular are wo...
Syndicated Content Sep 06, 2023
Palmer Luckey’s defense tech startup Anduril buys autonomous aircraft maker
By Abhinav Parmar and Mike Stone (Reuters) - Defense technology startup Anduril Industries, founded by entrepreneur Palmer Luckey, said on Thursday it acquired autonomous aircraft maker Blue Force Tec...
Syndicated Content Sep 06, 2023
US grid operator PJM extends hot weather alert for some regions
(Reuters) - PJM Interconnection, the biggest U.S. power grid operator, extended its hot weather alert on Wednesday for the Mid-Atlantic and Southern regions to Sept. 7 as temperatures are expected to ...
Syndicated Content Sep 06, 2023
RBA’s outgoing Lowe says productivity boost key to tame inflation
By Stella Qiu SYDNEY (Reuters) - The outgoing head of Australia's central bank called on Thursday for a lift in productivity to help return inflation to target, as he delivered wide-ranging policy ref...
Syndicated Content Sep 06, 2023
Texas power grid to resume normal operations, cancels emergency alerts
(Reuters) - The Texas power grid operator said late on Wednesday it was resuming normal operations after lifting emergency measures, but still encouraged users to reduce power electric use. The Electr...
Syndicated Content Sep 06, 2023
Three major China banks to lower rates on existing first-home mortgages
BEIJING (Reuters) - Three of China's major state banks said on Thursday they will start to lower interest rates on existing mortgages for first-home loans. The move is one of several support measures ...
Syndicated Content Sep 06, 2023
Asia stocks slide on U.S. rate worries, dollar ascendant
By Kevin Buckland TOKYO (Reuters) - Asian stocks sank on Thursday, extending global equity declines after new signs of sustained inflationary pressures in the United States boosted the case for elevat...
Syndicated Content Sep 06, 2023
China’s August exports, imports fall less than expected
BEIJING (Reuters) - China's exports fell 8.8% in August year-on-year, while imports contracted 7.3%, customs data showed on Thursday, increasing pressure on the country's vast manufacturing sector as ...
Syndicated Content Sep 06, 2023
UNESCO seeks regulation in first guidance on GenAI use in education
By Supantha Mukherjee STOCKHOLM (Reuters) - UNESCO on Thursday published its first guidance on use of Generative AI (GenAI) for education, urging governmental agencies to regulate the use of the techn...
Syndicated Content Sep 06, 2023
South China soaks as rains from Haikui continue to pound region
BEIJING (Reuters) - The remnants of Typhoon Haikui drenched China for a third day since making landfall, as moisture-laden clouds dumped rain onto the country's south despite weakening cyclonic winds....
Syndicated Content Sep 06, 2023
Peoria, IL, USA
76 °F Sunny
