Amazon cloud services back up after big outage hits thousands of users
By Samrhitha A and Chavi Mehta (Reuters) – Amazon.com said cloud services offered by its unit, Amazon Web Services (AWS),…
Business
US stocks end higher as inflation data cements bets on rate hike pause
By Noel Randewich and Shristi Achar A (Reuters) – The S&P 500 and Nasdaq reached their highest closes in 14…
US consumer price increases slow; underlying inflation sticky
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices barely rose in May and the annual increase in inflation was…
Fewer people trust traditional media, more turn to TikTok for news, report says
By Helen Coster NEW YORK (Reuters) – The number of people globally who initially access news through a website or…
Investment bank may be liable for ex-partner’s $25 million fraud: NY court
By Daniel Wiessner (Reuters) – A Wall Street bank could be held liable for allegedly failing to stop a former…
Buyer of former Starbucks assets in Russia says he paid about $6 million -TASS
(Reuters) – Restaurateur Anton Pinskiy paid around 500 million roubles ($6 million) for assets formerly licensed by Starbucks in Russia,…
Bahamas court boosts Bankman-Fried’s challenge to post-extradition charges
By Luc Cohen NEW YORK (Reuters) -A Bahamas court on Tuesday temporarily barred the country’s government from agreeing to let…
Dollar skids to three-week low as US inflation data reinforces Fed pause view
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar dropped to a three-week low on Tuesday on news of the…
Stocks jump, dollar eases as inflation data suggests Fed pause
By Herbert Lash NEW YORK (Reuters) – Global shares rallied and the dollar eased on Tuesday after U.S. consumer price…
US bank shares rise on inflation data, positive Wells Fargo comments
By Manya Saini and Chibuike Oguh (Reuters) -Shares of U.S. banks rose on Tuesday after a smaller-than-expected rise in inflation…