Analysis: Inflation may not be cooling fast enough to justify stock valuations
By Lewis Krauskopf NEW YORK (Reuters) – Some investors are growing concerned that the U.S. economy may not be cooling…
Business
US conducts raids at two properties of China’s Jinko Solar
By Nichola Groom (Reuters) -The U.S. Department of Homeland Security this week raided a factory and sales office operated by…
Hedge funds cut exposure to bank stocks in April, data shows
By Nell Mackenzie LONDON (Reuters) -Hedge funds cut their exposure to financial stocks in April after buying discounted equities in…
Future ECB rate moves will be “more marginal”, says Villeroy
PARIS (Reuters) – The European Central Bank has travelled most of the way in its campaign to raise interest rates,…
Airbnb’s gloomy forecast weighs on hotel, airline stocks
By Chibuike Oguh NEW YORK (Reuters) – A gloomy forecast from vacation rental firm Airbnb weighed on travel-related stocks on…
US annual inflation slows to below 5%, price pressures still strong
By Lucia Mutikani WASHINGTON (Reuters) – The annual increase in U.S. consumer prices slowed to below 5% in April for…
Microsoft signs power purchase deal with nuclear fusion company Helion
By Timothy Gardner WASHINGTON (Reuters) -Private U.S. nuclear fusion company Helion Energy will provide Microsoft with electricity in about five…
EU decision clearing $69 billion Microsoft, Activision deal expected May 15, sources say
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are set to approve Microsoft Corp’s $69 billion acquisition of…
U.S. government posts smaller $176 billion April surplus as revenues shrink
By David Lawder WASHINGTON (Reuters) -The U.S. government reported a $176 billion surplus in April, down sharply from a year-ago…
OpenAI CEO to testify in US Senate next week amid questions about technology
WASHINGTON (Reuters) -OpenAI CEO Sam Altman will make his first appearance before a Senate panel next week as the U.S….