Cool US May CPI rise supports Fed pause argument
NEW YORK (Reuters) – U.S. consumer prices rose moderately in May, leading to the smallest annual increase in inflation in…
US
Toyota unveils sweeping plans for new battery tech, EV innovation
By Daniel Leussink TOKYO (Reuters) -Toyota will introduce high-performance, solid-state batteries and other technologies to improve the driving range and…
GM, SDI will build $3 billion battery manufacturing plant in Indiana
By David Shepardson (Reuters) -General Motors and Samsung SDI will build a more than $3 billion EV battery cell plant…
Why finding a camp for your kid is this summer’s madness
By Chris Taylor NEW YORK (Reuters) – For American kids, summer camps can conjure up some idyllic experiences: Canoeing on…
IKEA bets on remote interior design as AI changes sales strategy
By Helen Reid LONDON (Reuters) – IKEA is training call centre workers to become interior design advisers as the Swedish…
Cryptoverse: Security alert! Altcoins worth $100 billion dropped in hot water
By Lisa Pauline Mattackal and Medha Singh (Reuters) – It’s a rough time to be an altcoin. Insecurity reigns. A…
Biden admin finalizes deal preserving preventive healthcare coverage during legal challenge
By Brendan Pierson (Reuters) – The Biden administration on Monday finalized a deal to preserve the federal mandate requiring U.S….
Disney’s Pixar seeks return of box office magic with ‘Elemental’
By Dawn Chmielewski and Lisa Richwine (Reuters) – When Pixar Animation Studios releases its 27th feature film in theaters on…
Fed kicks off meeting-by-meeting policymaking amid high uncertainty
By Ann Saphir and Michael S. Derby (Reuters) – Federal Reserve officials sit down Tuesday for their first meeting in…
Marketmind: Inflation anxiety, yet S&P 500 keeps on running
A look at the day ahead in U.S. and global markets from Samuel Indyk. Jerome Powell and his band of…