A look at the day ahead in U.S. and global markets from Mike Dolan The glass appears half full at half time. The U.S. economy and markets look to be in rude health as they hit the midyear mark on Friday, with both stock prices and interest rates climbing in tandem and the dollar on…
By Hyunjoo Jin and Akash Sriram SAN FRANCISCO (Reuters) – Tesla is set to report record vehicle deliveries, after the top electric vehicle maker increased discounts and other incentives to boost sales in the face of economic uncertainty and rising competition. Tesla is expected as early as this weekend to report global deliveries of 445,000…
By Marc Jones LONDON (Reuters) – The first six months of 2023 have been eventful for financial markets – from an artificial intelligence (AI) inspired tech stock surge, commodity market capitulations, cryptocurrency comebacks to the worst banking crash since Lehman Brothers. Linking it all has been the relentless rise in interest rates, which was exactly…
By Jose Luis Gonzalez and Steve Gorman TRUTH OR CONSEQUENCES, New Mexico (Reuters) -A three-man crew from Italy soared more than 50 miles (80 km) above the New Mexico desert on Thursday aboard a Virgin Galactic rocket plane, the company’s first flight of paying customers to the edge of space since British billionaire Richard Branson…
WASHINGTON (Reuters) – Human Rights Watch (HRW) said on Friday that it uncovered new evidence of the indiscriminate use by Ukrainian forces of banned anti-personnel landmines against Russian troops who invaded Ukraine in 2022. The group called on Ukraine’s government to follow through with a commitment made earlier this month not to employ such weapons,…
By Jack Queen and Mike Spector (Reuters) -A Texas grand jury on Thursday declined to press criminal charges against rapper Travis Scott and five others over a 2021 crowd crush at a music festival that left 10 dead and injured thousands, prosecutors said. Harris County District Attorney Kim Ogg said the grand jury was the…
By Andy Bruce LONDON (Reuters) – Major British lenders on Thursday announced another increase in mortgage rates offered via brokers, pushing many products above the 6% mark in painful news for many homeowners and potential buyers. Lenders have re-priced home loan offerings repeatedly in recent weeks in a scramble to keep up with soaring funding…
By Andrew Chung (Reuters) -When liberal Justice Ketanji Brown Jackson became the first Black woman to join the U.S. Supreme Court, she was expected to bring a different view on racial matters than Justice Clarence Thomas, its only other Black member and a staunch conservative. That dispute was front and center on Thursday when the…
By Diane Bartz WASHINGTON (Reuters) -The judge hearing the U.S. Federal Trade Commission’s fight against Microsoft’s planned purchase of “Call of Duty” maker Activision Blizzard on Thursday pressed government lawyers about the data behind their arguments and asked why there was so much fuss over “a shooter video game.” The Federal Trade Commission has asked…
MEXICO CITY (Reuters) -Storm Beatriz formed off Mexico’s Pacific coast on Thursday and will likely strengthen into a hurricane by Friday, prompting the government to issue warnings for popular beach resorts as it heads near shore, the National Hurricane Center (NHC) said. The storm is expected to “move very near or along the coast of…
