By Stephen Culp NEW YORK (Reuters) – Technology shares pulled Wall Street to a lower close and oil prices soared on Tuesday, as investors looked ahead to key inflation data, which could provide clues regarding the way forward for the U.S. Federal Reserve’s monetary policy. All three major U.S. stock indexes lost ground on the…
By Diane Bartz WASHINGTON (Reuters) – Google argued on Tuesday the U.S. was wrong to say the search and advertising giant broke the law to hold onto its massive market share, noting its search engine was wildly popular because of its quality and that dissatisfied users could switch with “a few easy clicks.” The Justice…
Gold experienced a modest decline, slipping to levels not seen in over two weeks on Tuesday. This downtrend came as the U.S. dollar staged a resurgence, with investors taking a cautious stance in anticipation of the forthcoming U.S. inflation data set to be unveiled on Wednesday. The spot gold market saw a 0.6% dip, bringing…
VLADIVOSTOK, Russia (Reuters) – Russian President Vladimir Putin on Tuesday hailed South African-born businessman Elon Musk as an “outstanding person” and businessman whose SpaceX company had become a major player in the space transportation industry. Putin’s public praise of Musk comes days after the U.S.-based entrepreneur said he refused a Ukrainian request last year to…
By Valerie Insinna and Abhijith Ganapavaram (Reuters) -Shares in Pratt & Whitney parent RTX Corp hit a two-year low on Monday as it took a $3 billion charge and told airlines hundreds of their Airbus jets would be grounded at any one time in coming years to check for a rare manufacturing flaw. The warning…
