Ross Stores lifts annual profit forecast on strong demand, easing freight costs
By Ananya Mariam Rajesh (Reuters) – Ross Stores on Thursday raised its annual profit forecast after upbeat quarterly results, buoyed…
Business
US FDA panel backs Pfizer’s maternal RSV vaccine for protecting infants
By Raghav Mahobe and Mariam Sunny (Reuters) -Advisers to the U.S. Food and Drug Administration on Thursday backed the safety…
Debt default could trigger recession, Harris and Brainard warn
By Doina Chiacu and Steve Holland WASHINGTON (Reuters) -Vice President Kamala Harris and top White House economic adviser Lael Brainard…
U.S. FDA panel backs Pfizer’s RSV vaccine for protecting infants
(Reuters) – Advisers to the U.S. Food and Drug Administration on Thursday backed the safety and effectiveness of Pfizer Inc’s…
U.S. West Coast ports regain lost volume as competitive pressure mounts
By Lisa Baertlein CHICAGO (Reuters) -Some U.S. importers who shifted cargo away from West Coast ports to rival gateways over…
Wall Street ends higher, dollar climbs on solid data, debt ceiling progress
By Stephen Culp NEW YORK (Reuters) – U.S. stocks rallied and the dollar reached a seven-week peak on Thursday as…
US dollar hits seven-week high, bolstered by data, debt ceiling hopes
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose to seven-week peaks on Thursday as another round of solid…
Meta announces AI training and inference chip project
By Katie Paul and Stephen Nellis NEW YORK (Reuters) -Meta Platforms on Thursday shared new details on its data center…
Charlie Javice, the startup founder accused of defrauding JPMorgan, is indicted
By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) -The young entrepreneur Charlie Javice has been indicted on charges of…
Applied Materials forecasts third-quarter revenue above estimates
(Reuters) -Chip tools maker Applied Materials Inc forecast third-quarter revenue above market estimates on Thursday, as chipmakers expand production plans…