Dollar softer after PCE, consumer spending data
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index was lower on Friday following two straight days of gains,…
Business
Colombia central bank keeps interest rate unchanged, ending cycle of rises
By Nelson Bocanegra and Carlos Vargas BOGOTA (Reuters) -Colombia’s central bank board on Friday unanimously held the benchmark interest rate…
Oil settles higher but posts fourth straight quarterly decline
By Laura Sanicola (Reuters) -Oil prices settled higher on Friday but posted their fourth straight quarterly loss as investors worried…
US Senator Warren questions Goldman’s role in SVB failure
(Reuters) – U.S. Senator Elizabeth Warren has questioned Goldman Sachs’ role in the failure of Silicon Valley Bank (SVB) and…
Deutsche Bank human resources head Ilgner to leave bank
FRANKFURT (Reuters) -Deutsche Bank’s head of human resources, Michael Ilgner, has decided to leave the bank, Deutsche Bank announced on…
Factbox-U.S. corporate heavyweights’ progress report on diversity pledges
(Reuters) – The U.S. Supreme Court ruling striking down race-conscious policies in college admissions includes some subtle warnings to companies…
Italy aims to turn up renewable power to two thirds of total by 2030
MILAN (Reuters) – Italy aims to generate nearly two thirds of its electricity from renewable energy sources by the end…
ESPN lays off on-air talent including NBA analyst Van Gundy
(Reuters) – ESPN laid off about 20 of its sports personalities on Friday as the Walt Disney unit seeks to…
AMD’s AI chips could match Nvidia’s offerings, software firm says
By Stephen Nellis (Reuters) -Artificial intelligence chips from Advanced Micro Devices are about 80% as fast as those from Nvidia…
Airline stocks set for best month in two years on summer rush, lower fuel prices
By Medha Singh (Reuters) – U.S. airline stocks on Friday were set to record their strongest monthly performance since 2021,…