Category Archives:
Column-Fed’s rate hike lags are about to bite: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - For the Fed and the U.S. economy, the hard bit starts now. Depending on the length of monetary policy's 'long and variable' lag, a good chunk - perhaps e...
Jul 13, 2023
Group challenges Texas ban on TikTok for public university employees
WASHINGTON (Reuters) - A group on Thursday sued the state of Texas over its ban on public university employees from using Chinese-owned app TikTok on state-owned devices or networks, arguing it is com...
Jul 13, 2023
Associated Press, OpenAI partner to explore generative AI use in news
(Reuters) - News publisher Associated Press said on Thursday that it had reached an agreement with OpenAI to share access to select news content and technology as the two firms explore the use of gene...
Jul 13, 2023
IMF says China growth slowing after strong Q1 reopening
WASHINGTON (Reuters) - China's economy is slowing due to weaker private investment, slowing exports and reduced domestic demand after a strong performance in the first quarter as the economy reopened ...
Jul 13, 2023
Former executives at college aid startup Frank plead not guilty to defrauding JPMorgan Chase
NEW YORK (Reuters) - The founder and a former executive of college financial aid startup Frank pleaded not guilty on Thursday to U.S. charges of defrauding JPMorgan Chase into buying the company for $...
Jul 13, 2023
Sensodyne toothpaste-maker Haleon planning job cuts – The Guardian
(Reuters) -Haleon, the world's biggest standalone consumer health business, is planning to cut hundreds of roles in the UK and worldwide, the Guardian reported on Thursday. The company behind the Sens...
Jul 13, 2023
Factbox-Analysts guarded as AI-driven US stock rally faces earnings test
(Reuters) - Analysts are cautiously optimistic as second-quarter reporting season rolls out amid this year's rally in U.S. stocks fueled by optimism over artificial intelligence (AI) and a resilient U...
Jul 13, 2023
Pittsburgh jury finds synagogue attacker eligible for death penalty
(Reuters) - A federal jury on Thursday decided that Robert Bowers was eligible for the death penalty for killing 11 worshippers at Pittsburgh's Tree of Life synagogue in 2018, the deadliest antisemiti...
Jul 13, 2023
Exxon’s $4.9 billion Denbury deal boosts energy transition plans
By Sabrina Valle and Arunima Kumar HOUSTON (Reuters) -Exxon Mobil Corp on Thursday agreed to buy Denbury Inc for $4.9 billion, acquiring a company with a substantial carbon dioxide (CO2) sequestration...
Jul 13, 2023
US Secret Service says it ends White House cocaine probe, no suspect identified
WASHINGTON (Reuters) - The U.S. Secret Service said on Thursday it had concluded its investigation into cocaine found at the White House and said it had been unable to identify a suspect. The cocaine ...
Jul 13, 2023
Peoria, IL, USA
66 °F Light Rain
