Nasdaq, S&P 500 Muted Ahead Of Powell’s Speech
By Bansari Mayur Kamdar and Devik Jain (Reuters) – The S&P 500 and the Nasdaq were subdued on Friday in…
Wendy Schmidt gives big to protect oceans, planet’s future
As a child, Wendy Schmidt didn’t think about how the ocean intersected with human life. It was a nice place…
SpaceX, T-Mobile try to connect remote areas with satellites
Elon Musk’s SpaceX and T-Mobile are teaming up in an attempt to connect mobile devices through a network of satellites,…
U.S. Consumer Spending Misses Expectation In July; Inflation Slows
WASHINGTON (Reuters) – U.S. consumer spending barely rose in July, but inflation eased considerably, which could give the Federal Reserve…
Hints of cooling prices, but Fed vows firm inflation stance
WASHINGTON (AP) — Inflation eased last month as energy prices tumbled, raising hopes that the surging costs of everything from…
From Fashion To Films – Ex-Zara Boss Isla Starts Production Company
MADRID (Reuters) – Former chief executive of textile giant Inditex, Pablo Isla, has started his own film production company, saying…
Germany: Baltic Sea has ‘enormous’ wind energy potential
COPENHAGEN, Denmark (AP) — Germany’s foreign minister said Friday that estimates show the Baltic Sea can produce wind power that…
Powell: Fed could keep lifting rates sharply ‘for some time’
JACKSON HOLE, Wyoming (AP) — Federal Reserve Chair Jerome Powell delivered a stark message Friday: The Fed will likely impose…
Chinese Chip Foundry SMIC To Invest $7.5 Billion In Tianjin
SHANGHAI (Reuters) – Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) on Friday said it signed a framework agreement for…
FedEx Missteps Fuel Contractor’s Crusade As Pandemic Delivery Boom Fades
By Lisa Baertlein LAS VEGAS (Reuters) – Package carrier FedEx Corp is facing a threat from an unusual source –…