Analysis-Xi Faces Painful Gear Shift As China’s Investment-led Growth Sputters
By Marius Zaharia and Kevin Yao HONG KONG/BEIJING (Reuters) – American businessman Brody Shores’ furniture business in China grew on…
2022
IMF Sees Japan’s Currency Intervention As ‘signaling’ Move With Short-term Impact
By Leika Kihara WASHINGTON (Reuters) -Japan’s currency intervention last month to stop a sharp slide in the yen was likely…
Elon Musk Under Federal Investigation Tied To Twitter Deal -Twitter Court Filing
By Tom Hals and Sheila Dang WILMINGTON, Del. (Reuters) -Elon Musk is under a federal investigation related to his $44…
Wall Street Ends Up 2% After Sharp Reversal; Technicals Help
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks surged to close more than 2% higher on Thursday, as technical…
Quality of life concerns weigh heavily on rail contract vote
OMAHA, Neb. (AP) — The lack of some benefits most American workers can readily count on, like paid sick leave…
Meta hits back in fight with FTC over VR company acquisition
WASHINGTON (AP) — Federal regulators and Facebook parent Meta are battling over Meta’s proposed acquisition of virtual-reality company Within Unlimited…
Investors Worry About Hiring Outlook, Spending Before U.S. Earnings
By Caroline Valetkevitch NEW YORK (Reuters) – The outlook for jobs and spending may be chief among concerns for investors…
Short Covering Helps ‘oversold’ TSX Snap Losing Streak
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index rose on Thursday, rebounding from its lowest intraday level in…
OCC’s Hsu: Bank-fintech Partnerships ‘here To Stay,’ While Crypto Hogging ‘brain Space’
By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) – A leading U.S. bank regulator said his caution over banks partnering…
Netflix sets $7 monthly price for its ad-supported service
SAN RAMON, Calif. (AP) — Netflix next month will unveil the first version of its video streaming service with ads,…