(Reuters) -Cooler-than-expected U.S. inflation last month deepened conviction in financial markets on Wednesday that the Federal Reserve will start cutting interest rates by September and deliver a second reduction by the end of this year. A U.S. government report showed the Consumer Price Index – a measure of underlying inflation – rose just 0.1% in…
(Reuters) -Voyager Technologies raised $382.8 million in its U.S. initial public offering, the space and defense tech company said on Tuesday, amid a global rush to amp up military spending. The company, which provides mission-critical space and defense technology solutions, along with some investors sold roughly 12.35 million shares at $31 per share, above its…
By Dawn Chmielewski LOS ANGELES (Reuters) -Walt Disney and Comcast’s Universal filed a copyright lawsuit against Midjourney on Wednesday, calling its popular AI-powered image generator a “bottomless pit of plagiarism” for its use of the studios’ best-known characters. The suit, filed in federal district court in Los Angeles, claims Midjourney pirated the libraries of the…
WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Wednesday called on China to uphold its commitments under an initial U.S. trade agreement reached in Geneva last month, hours after he and other U.S. and Chinese officials agreed on a new framework to implement the deal. Bessent said in testimony before the House of Representatives Ways…
