Category Archives:
US holiday shopping growth to cool this year, Mastercard forecasts
By Neil J Kanatt (Reuters) -U.S. holiday sales growth is expected to temper this year, a Mastercard forecast showed on Thursday, as consumers seek discounts and promotions amid inflation and broader m...
Thomson Reuters 5h ago
China's DeepSeek says its hit AI model cost just $294,000 to train
By Eduardo Baptista BEIJING (Reuters) -Chinese AI developer DeepSeek said it spent $294,000 on training its R1 model, much lower than figures reported for U.S. rivals, in a paper that is likely to rei...
Thomson Reuters 5h ago
Cracker Barrel shares slump as logo change blowback dents restaurant traffic
By Juveria Tabassum (Reuters) -Cracker Barrel shares fell nearly 10% before the bell on Thursday, after social media backlash around the restaurant chain's short-lived decision to change its decades-o...
Thomson Reuters 5h ago
US weekly jobless claims fall, but labor market softening
WASHINGTON (Reuters -The number of Americans filing new applications for unemployment benefits fell last week, but the labor market has softened as both demand for and supply of workers have diminishe...
Thomson Reuters 5h ago
Bank of Italy urges clarity on rules for multi-issuance stablecoins
By Valentina Za and Giuseppe Fonte ROME (Reuters) -The European Union should clarify rules for identical stablecoins issued across borders, a senior Bank of Italy official said on Thursday, urging uni...
Thomson Reuters 5h ago
Germany approves 2025 budget ushering in new era of spending
BERLIN (Reuters) -Germany's parliament approved on Thursday the nation's first annual budget since sweeping reforms to loosen fiscal rules were passed earlier this year, securing record investments to...
Thomson Reuters 5h ago
US Fed starts easing path, other major central banks on hold
By Sara Rossi LONDON (Reuters) -The U.S. Federal Reserve has delivered its first rate cut since December, diverging from most other major central banks that have kept interest rates unchanged. The Ban...
Thomson Reuters 5h ago
Purell maker GOJO Industries explores options including a sale, sources say
By Abigail Summerville (Reuters) -Purell hand sanitizer maker GOJO Industries is exploring options including a full sale or offloading a minority stake, with any deal likely to value the privately-hel...
Thomson Reuters 5h ago
Soccer-MLS strikes South Korea broadcast deals after LAFC's Son Heung-min signing
By Rory Carroll LOS ANGELES (Reuters) -Major League Soccer has signed multiyear broadcast partnerships with South Korean streaming platform Coupang Play and sports network SPOTV to air Los Angeles FC ...
Thomson Reuters 6h ago
Brazil's Natura enters agreement to sell Avon International
SAO PAULO (Reuters) -Brazilian cosmetic marker Natura has entered into a binding agreement to sell Avon International to an acquisition vehicle that is an affiliate of Regent, the company said in a se...
Thomson Reuters 6h ago

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