Oil settles up 1% on nagging worries about Middle East
By Laura Sanicola (Reuters) -Oil prices settled higher on Thursday as traders remained nervous that Israel’s military campaign in Gaza…
October 2023
Fed’s Powell: Strong economy may still require rate increases – Reuters News
By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. economy’s strength and continued tight labor markets could warrant further Federal…
Netflix shares surge on big subscriber additions despite Hollywood strikes
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Streaming pioneer Netflix showed resilience by gaining more quarterly subscribers than…
Tesla CEO Musk raises alarm on interest rates, hesitates on Mexico factory
By Hyunjoo Jin, Akash Sriram and Joseph White (Reuters) -Tesla CEO Elon Musk said on Wednesday that he was concerned…
Meta shareholder lawsuit over user privacy revived by appeals court
By Jody Godoy (Reuters) – A shareholders’ proposed class action accusing Meta Platforms Inc of concealing sweeping misuse of Facebook…
Ford recalling 35,000 US Mach-E EVs over power loss reports
WASHINGTON (Reuters) – Ford Motor said on Wednesday it is recalling 35,000 Mustang Mach-E electric vehicles because high voltage battery…
US stocks end sharply lower, crude jumps on Middle East tensions
By Stephen Culp NEW YORK (Reuters) – Wall Street stocks tumbled and crude prices surged on Wednesday as escalating Middle…
Hardline Republican Jim Jordan picks up support in bid for US House speaker
By David Morgan and Makini Brice WASHINGTON (Reuters) -Hardline Republican Jim Jordan picked up support for his campaign to lead…
Bank of America’s unrealized losses on securities rose to $131.6 billion
By Saeed Azhar and Nupur Anand NEW YORK (Reuters) -Bank of America reported unrealized losses of $131.6 billion on securities…
Biden cuts China off from more Nvidia chips, expands curbs to other countries
By Alexandra Alper, Karen Freifeld and Stephen Nellis WASHINGTON (Reuters) -The Biden administration plans to halt shipments to China of…