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The case for a ‘one and done’ Fed rate hike grows as economy slows
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) - Economic data has begun to fill in the portrait of a U.S. economy that is losing momentum, with reports over the last seven days showing job g...
Syndicated Content Apr 14, 2023
IMF sees BOJ keeping negative rates, scope for tweak to yield cap
By Leika Kihara WASHINGTON (Reuters) - The Bank of Japan is likely to maintain negative short-term interest rates until inflation durably hits 2%, but could allow long-term yields to move more flexibl...
Syndicated Content Apr 14, 2023
Elon Musk plans AI startup to rival OpenAI – FT
(Reuters) -Billionaire Elon Musk is working on launching an artificial intelligence start-up that will rival ChatGPT-maker OpenAI, the Financial Times reported on Friday citing people familiar with hi...
Syndicated Content Apr 14, 2023
Exclusive-Two U.S. Senators write to Tesla CEO Elon Musk after Reuters probe
By Steve Stecklow, Waylon Cunningham and Hyunjoo Jin (Reuters) - Two U.S. senators have written to Elon Musk, Tesla Inc's chief executive, questioning him about the sharing by employees of sensitive i...
Syndicated Content Apr 14, 2023
U.S. banks highlight office real estate as next big worry
By Matt Tracy and Saeed Azhar (Reuters) - Some of the largest U.S. banks singled out office commercial real estate on Friday as an area of growing concern, with property values falling and more borrow...
Syndicated Content Apr 14, 2023
Factbox-Jack Teixeira: Who is the man arrested over leaked Pentagon documents?
WASHINGTON (Reuters) - Jack Douglas Teixeira was arrested on Thursday for allegedly leaking a trove of highly classified documents online. Here is what we know about him. FAMILY BACKGROUND The 21-year...
Syndicated Content Apr 14, 2023
Walmart US merchandising chief Redfield to step down
(Reuters) - Walmart Inc U.S. chief merchandising officer Charles Redfield is stepping down after just over a year in the role, according to an internal memo seen by Reuters on Friday, at a time the re...
Syndicated Content Apr 14, 2023
Rheinmetall suffers cyber attack, military business unaffected – spokesperson
DUESSELDORF, Germany (Reuters) -Rheinmetall, suffered a cyber attack to the division of its business dealing with industrial customers, mostly in the automotive sector, the company said on Friday, add...
Syndicated Content Apr 14, 2023
Fed’s Bowman says bank failures not indictment of broader regulatory regime
(Reuters) - Federal Reserve Governor Michelle Bowman said on Friday that the recent failures of Silicon Valley Bank and Signature Bank were not an indictment of the bank regulatory landscape, although...
Syndicated Content Apr 14, 2023
Bigger banks rise while regionals slump as Q1 earnings season kicks off
By Sinad Carew and Saqib Iqbal Ahmed (Reuters) - Shares in U.S. banks were a mixed bag on Friday with JPMorgan Chase soaring 7.0% after its quarterly report impressed investors while PNC Financial was...
Syndicated Content Apr 14, 2023

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