IMF sees ‘pockets of resilience’, slowing momentum in global economy
By David Lawder WASHINGTON (Reuters) -The International Monetary Fund said on Thursday that first quarter global growth slightly outpaced projections…
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Explainer-Hollywood actors’ strike: How will it hit TV shows and movies?
LOS ANGELES (Reuters) – Thousands of Hollywood film and television actors voted to strike on Thursday, joining writers who walked…
Chip wars: How ‘chiplets’ are emerging as a core part of China’s tech strategy
By Jane Lanhee Lee and Eduardo Baptista (Reuters) – The sale of struggling Silicon Valley startup zGlue’s patents in 2021…
Elon Musk launches AI firm xAI as he looks to take on OpenAI
(Reuters) -Elon Musk, the billionaire entrepreneur, launched his long-teased artificial intelligence startup xAI on Wednesday, unveiling a team comprised of…
U.S. Treasury posts sharply higher $228 billion June deficit
By David Lawder WASHINGTON (Reuters) – The U.S. government posted a $228 billion budget deficit for June, up 156% from…
FTC chair defends tenure as lawmakers battle over consumer agency’s impact
By Diane Bartz and David Shepardson WASHINGTON (Reuters) -Lina Khan, the progressive head of the U.S. Federal Trade Commission (FTC),…
Goldman Sachs is about to report its worst quarterly earnings in years – Semafor
(Reuters) – Goldman Sachs will report its worst quarterly earnings in years next week, with a return on equity in…
Putin: foreign-made tanks are ‘priority target’ for Russian forces in Ukraine
MOSCOW (Reuters) – Russian President Vladimir Putin said on Thursday that Western supplies of weapons to Ukraine would change nothing…
US appeals court opens docket on FTC effort to overturn loss on Microsoft deal
WASHINGTON (Reuters) -A U.S. appeals court on the West Coast opened a docket on Thursday on the U.S. Federal Trade…
Group challenges Texas ban on TikTok for public university employees
By David Shepardson WASHINGTON (Reuters) -A group on Thursday sued the state of Texas, claiming that research and teaching have…