By Lucia Mutikani WASHINGTON (Reuters) – U.S. single-family homebuilding rebounded sharply in August, but a moderate increase in building permits suggested that the momentum was […]
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 expected to be a steady […]
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 record heat blamed on climate […]
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 its bet that wearable devices […]
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 to the Israel-Gaza war and […]
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 familiar with the matter said […]
Musk’s Neuralink gets FDA’s breakthrough device tag for ‘Blindsight’ implant
(Reuters) -Elon Musk’s brain-chip startup Neuralink said on Tuesday its implant aimed at restoring vision received the U.S. Food and Drug Administration’s “breakthrough device” designation. […]
Big oil companies defeat US consumer lawsuit over production, prices
(Reuters) – Several oil companies including Exxon Mobil and Chevron on Monday defeated an appeal by consumers who accused them of colluding with former President […]
Fed rate cuts will not be as deep as the market expects, says BlackRock
NEW YORK (Reuters) – The Federal Reserve will likely not cut U.S. interest rates as deeply as the bond market expects due to a resilient […]
Teamsters meet VP Harris, could make US presidential pick this week
By David Shepardson WASHINGTON (Reuters) – The 1.3 million-member Teamsters union could decide who to endorse in the 2024 U.S. presidential election as early as […]