Category Archives:
Flows into AI funds wane as US rate worries weigh
By Bansari Mayur Kamdar (Reuters) - Inflows into exchange-traded funds (ETFs) tracking artificial intelligence (AI) companies have ebbed after their sharp run-up earlier this year, as investors fear p...
Syndicated Content Oct 02, 2023
Fed’s Powell: Economy still working through the impact of the pandemic
By Howard Schneider YORK, Pa. (Reuters) - The U.S. economy is still dealing with the aftermath of the COVID-19 pandemic, Federal Reserve chair Jerome Powell said during a meeting with community and bu...
Syndicated Content Oct 02, 2023
McDonald’s, Wendy’s defeat lawsuit over size of burgers
By Jonathan Stempel NEW YORK (Reuters) - McDonald's and Wendy's have defeated a lawsuit accusing them of deceiving hungry diners by exaggerating the size of their burgers. In a decision on Saturday, U...
Syndicated Content Oct 02, 2023
Strong earnings will reverse decline in megacap tech stocks: Goldman Sachs
By David Randall NEW YORK (Reuters) - Strong upcoming earnings results could reverse the decline in mega-cap technology and growth stocks, which have been hammered by the rise in Treasury yields and a...
Syndicated Content Oct 02, 2023

Small drop in prices seen at the pump in the Peoria area. Here’s what we know
PEORIA, Ill. – Gas prices are trickling down in central Illinois. GasBuddy reports the average price of a gallon of unleaded in the Peoria-area is $3.72/g, a 2.2 cent drop in the past week. The ...
TJ Carson Oct 02, 2023
Tesla owners must arbitrate false advertising claims over autopilot feature- ruling
By Daniel Wiessner (Reuters) - A California federal judge has ruled that a group of people who own cars made by Tesla Inc must pursue claims that the company misled the public about its autopilot feat...
Syndicated Content Oct 02, 2023
US Supreme Court spurns copyright fight over concert recordings
By Blake Brittain WASHINGTON (Reuters) - The U.S. Supreme Court on Monday declined to hear a bid by Sony Music, Warner Music and other music publishers to hold the owner of Wolfgang's Vault directly l...
Syndicated Content Oct 02, 2023
Discover Financial jumps 7% after agreeing with FDIC to improve consumer compliance
(Reuters) - Shares of Discover Financial Services climbed 7% on Monday after the bank agreed to improve its consumer compliance and related corporate governance as part of a consent order with the Fed...
Syndicated Content Oct 02, 2023
Euro zone’s benchmark Bund yield edges back up near 12-year high
By Stefano Rebaudo and Harry Robertson (Reuters) - The euro zone's benchmark German bond yield rose on Monday towards last week's 12-year high as the selloff in debt markets continued after a brief pa...
Syndicated Content Oct 02, 2023
Hedge funds using computers to sell up to $30 billion of stocks soon – UBS
By Nell Mackenzie LONDON (Reuters) - Hedge funds using computers to trade equities are expecting to start selling to the tune of $20 billion to $30 billion in the next two weeks given retreating stock...
Syndicated Content Oct 02, 2023
Peoria, IL, USA
44 °F Mist
