US approves $20 billion Israel weapons package, including fighter jets
WASHINGTON (Reuters) -U.S. Secretary of State Antony Blinken on Tuesday approved the possible sale to Israel of fighter jets and…
Google unveils new phones and other gadgets powered by AI
By Kenrick Cai, Max A. Cherney MOUNTAIN VIEW, California -Alphabet’s Google on Tuesday unveiled a lineup of new Pixel smartphones…
U.S. 30-year fixed-rate mortgage plunges to lowest since May 2023, Freddie Mac says
By Makailah Gause NEW YORK (Reuters) – The average rate on the popular U.S. 30-year mortgage plunged to its lowest…
Global investors pour into money market funds amid market volatility
(Reuters) – Global investors funnelled substantial amounts into money market funds in the seven days to Aug. 7 as they…
Exclusive-US to lift ban on offensive weapons sales to Saudi Arabia, sources say
By Humeyra Pamuk, Patricia Zengerle and Steve Holland WASHINGTON (Reuters) – The Biden administration has decided to lift a ban…
Citigroup says wealth unit to sell trust services business
By Tatiana Bautzer NEW YORK (Reuters) – Citigroup’s wealth unit has initiated a process to sell its trust administration and…
Analysis-US stock turbulence throws spotlight on Big Tech’s valuations
By Lewis Krauskopf NEW YORK (Reuters) – A bruising selloff in U.S. stocks is putting a sharper focus on valuations…
Global economy’s growing resilience at odds with rate cut expectations: Reuters poll
By Hari Kishan BENGALURU (Reuters) – Optimism about global growth prospects this year and next is building among hundreds of…
McDonald’s posts surprise drop in quarterly global sales as spending slows
(Reuters) -McDonald’s reported a surprise drop in quarterly global comparable sales on Monday, as the burger giant struggled to hold…
Abbott shares slide after trial verdict, weigh on rival Reckitt Benckiser
(Reuters) -Abbott Laboratories’ shares fell nearly 7% premarket, while British peer Reckitt Benckiser slumped 9% on Monday, after the U.S….