Pentagon has strategic germanium stockpile but no gallium reserves
WASHINGTON (Reuters) – The Pentagon holds a strategic U.S. stockpile for germanium but currently has no inventory reserves for gallium,…
Economy
Surprise Canada May trade deficit points toward slowing economy
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) – Canada recorded a surprise trade deficit in May, a sign economic…
Fed’s Logan says more rate hikes needed amid unexpected economic strength
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Dallas President Lorie Logan said Thursday that there was…
Argentina to hold interest rate at 97% as raging inflation eases – bank sources
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank is set to hold its benchmark interest rate steady at…
U.S. job openings fall in May, still elevated
WASHINGTON (Reuters) – U.S. job openings dropped in May, but remained at higher levels, indicating that labor market conditions were…
India’s state-run banks confident of withstanding macro shocks – govt
NEW DELHI (Reuters) -India’s state-run banks are confident of withstanding any macroeconomic shocks and expect their outlook to improve, despite…
US layoffs fall to seven-month low in June, report says
By Safiyah Riddle (Reuters) – American employers slowed downsizing in June, announcing the lowest number of layoffs since October 2022….
US layoffs halve in June as tech job cuts ease – report
(Reuters) – Layoffs in the United States nearly halved in June from a month earlier as job cuts in the…
U.S. service sector picks up in June; inflation gradually slowing – ISM survey
WASHINGTON (Reuters) – The U.S. services sector grew faster than expected in June as new orders picked up, but a…
Volkswagen to launch self-driving vehicles in Texas by 2026
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Volkswagen said on Thursday that it plans to launch autonomous, or self-driving, vehicles…