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Futures lower as focus shifts to inflation data
(Reuters) - U.S. stock index futures were lower on Wednesday as investors awaited a key reading on inflation to see whether the Federal Reserve was successful in bringing down rising prices. The Consu...
Syndicated Content May 10, 2023
Ford’s new muscle truck, Ranger Raptor, made possible by EVs
By Joseph White DETROIT (Reuters) - Ford Motor Co on Wednesday unveiled the latest addition to its muscle truck franchise - a Ranger Raptor midsize pickup with a 405-horsepower engine and a suspension...
Syndicated Content May 10, 2023
Google expected to unveil its answer to Microsoft’s AI search challenge
By Jeffrey Dastin (Reuters) - Alphabet Inc's Google on Wednesday is expected to unveil more artificial intelligence in its products to answer the latest competition from Microsoft Corp, which has thre...
Syndicated Content May 10, 2023
U.S. prosecutors look at short selling in bank shares – source
By Chris Prentice NEW YORK (Reuters) - Federal prosecutors in Washington are looking into short seller activity around the recent volatility in U.S. bank shares sparked by the failure of three regiona...
Syndicated Content May 10, 2023
US airlines thrown a curveball as consumer habits change post-pandemic
By Rajesh Kumar Singh CHICAGO (Reuters) - Shifting travel patterns by consumers in a post-pandemic world are forcing airlines to guess at what is the "new normal" as they seek to adjust by cutting fli...
Syndicated Content May 10, 2023
US credit crunch didn’t start with SVB collapse, and may not end there
By Howard Schneider WASHINGTON (Reuters) - It wasn't the March 10 collapse of Silicon Valley Bank that prompted Carissa Rodeheaver, head of a community bank tucked in the mountains of western Maryland...
Syndicated Content May 10, 2023
US debt ceiling standoff talks look at COVID clawbacks, energy permits
By Richard Cowan and Katharine Jackson WASHINGTON (Reuters) - Talks on raising the U.S. federal government's $31.4 trillion debt ceiling enter a new phase on Wednesday, after Democratic President Joe ...
Syndicated Content May 10, 2023
Exclusive-Chevron aims to boost Venezuela oil output to accelerate debt recovery -sources
By Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS (Reuters) - Chevron Corp's renewed oil operations in Venezuela begin a new phase next month that will boost production with the goal of accelerat...
Syndicated Content May 10, 2023
Ohio abortion rights fight highlights Republican electoral vulnerabilities
By Jason Lange, Gabriella Borter and Joseph Ax (Reuters) - Republican vulnerabilities on abortion policy are on display in Ohio, with the party playing defense against a surge in abortion rights activ...
Syndicated Content May 10, 2023
Marketmind: Inflation cloud obscures Fed peak
A look at the day ahead in U.S. and global markets from Mike Dolan The Federal Reserve's willingness to end its interest rate rise campaign here hinges just a few high-frequency data points over the m...
Syndicated Content May 10, 2023
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