Powell says no need for Fed to rush rate cuts given strong economy
By Ann Saphir and Howard Schneider DALLAS (Reuters) – Ongoing economic growth, a solid job market, and inflation that remains…
November 2024
Bitcoin rises above $90,000 on Trump euphoria
By Rae Wee and Hannah Lang (Reuters) – Bitcoin broke through the $90,000 level on Wednesday, as its rally showed…
Amazon launches low-cost ecommerce service in US to challenge Temu
(Reuters) – Amazon.com launched a low-cost ecommerce service called Amazon Haul for some customers in the United States giving them…
Boeing starts issuing layoff notices as part of plan to cut 17,000 workers
WASHINGTON (Reuters) -Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader…
AMD to cut 4% of global workforce as it focuses on AI chip development
(Reuters) – Advanced Micro Devices is laying off 4% of its global workforce, or about 1,000 employees, as it directs…
North Korean soldiers joining Russia in combat, US State Dept says
WASHINGTON (Reuters) – North Korean troops have begun engaging in combat operations alongside Russian forces, the U.S. State Department said…
Alphabet’s Waymo opens autonomous ride-hailing service to all in Los Angeles
(Reuters) – Alphabet’s Waymo said on Tuesday its autonomous ride-hailing service, Waymo One, is now available to everyone in Los…
BofA CEO urges Trump administration to tackle US budget
(Reuters) – Bank of America CEO Brian Moynihan said on Tuesday he expected President-elect Donald Trump’s incoming administration to tackle…
FAA bars US airlines from Haiti after gunfire hits planes
By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration said on Tuesday it will bar U.S. airlines from operating…
As Donald Trump staffs up for second term, only MAGA loyalists need apply
By Gram Slattery and Alexandra Ulmer WEST PALM BEACH, Florida (Reuters) – As advisers and allies of Republican President-elect Donald…