US Congress nears agreement on extending expiring Ukraine aid, sources say
By Patricia Zengerle and Mike Stone WASHINGTON (Reuters) – Pro-Ukraine U.S. congressional leaders and President Joe Biden’s administration are near…
2024
Oil ends more than 1% higher on US rate cut, declining crude stockpiles
By Shariq Khan NEW YORK (Reuters) – Oil prices extended their recent recovery rally and rose more than 1% on…
FedEx reports drop in quarterly earnings on lower demand for priority services
(Reuters) -FedEx reported a drop in first-quarter profit on Thursday and lowered the top end of its annual profit forecast…
JPMorgan takes on Wall Street’s overwork concerns with new role, memo shows
(Reuters) – JPMorgan Chase has created a new role that will oversee its junior bankers and analysts amid a focus…
US single-family homebuilding surges, rising supply a near-term constraint
By Lucia Mutikani WASHINGTON (Reuters) – U.S. single-family homebuilding rebounded sharply in August, but a moderate increase in building permits…
Instant view: Fed slashes rates 50 bp in first easing since pandemic hit
(Reuters) – The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is…
Climate-related ‘one-two punch’ seen driving Los Angeles wildfires
By Andrew Hay (Reuters) – Wildfires around Los Angeles have burned rapidly in the past week after vegetation growth and…
Snap advances bet on augmented reality with new version of Spectacles glasses
By Sheila Dang (Reuters) – Snap announced an upgraded version of its Spectacles augmented-reality glasses on Tuesday, doubling down on…
JPMorgan in talks with Apple over Goldman credit card partnership, source says
(Reuters) -JPMorgan Chase is in talks with Apple about replacing Goldman Sachs as the tech giant’s credit-card partner, a source…
Harris calls for end to war in Gaza, no Israeli reoccupation
By Andrea Shalal and Stephanie Kelly PHILADELPHIA (Reuters) -U.S. Democratic presidential candidate Kamala Harris called on Tuesday for an end…