Fed should cut interest rates ‘gradually,’ Musalem says
(Reuters) – St. Louis Federal Reserve Bank President Alberto Musalem on Friday said the U.S. central bank should cut interest…
Visa agrees to buy AI-focused enterprise tech firm Featurespace
(Reuters) -Visa has agreed to buy AI-focused Featurespace, which develops enterprise technology preventing fraud and financial crime, for an undisclosed…
US airlines cancel over 1,000 flights due to hurricane Helene
(Reuters) – Airlines in the United States have canceled or delayed thousands of flights on Thursday, as a strengthening hurricane…
Costco Wholesale misses quarterly revenue estimates on still-muted spending
(Reuters) -Costco Wholesale missed market expectations for fourth-quarter revenue on Thursday on cautious spending by budget-conscious customers at its membership-only…
Texas approves plan to boost oil and gas drillers’ power grid access
By Georgina McCartney HOUSTON (Reuters) – A Texas commission unanimously on Thursday approved the Permian Basin Reliability Plan, which is…
US prepares $8 billion in arms aid packages for Zelenskiy visit, sources say
By Mike Stone, Patricia Zengerle and Phil Stewart WASHINGTON (Reuters) -The United States plans to announce more than $8 billion…
Micron forecasts upbeat first-quarter revenue on strong demand for memory chips
(Reuters) -Micron Technology forecast first-quarter revenue above Wall Street estimates on Wednesday, betting on strong demand for its high bandwidth…
Trump says he will put 100% tariffs on every car coming across Mexico border
(Reuters) – Republican presidential candidate Donald Trump said on Tuesday that he will put a 100% tariff on every car…
Microsoft to spend $1.3 billion in Mexico on cloud, AI tech
MEXICO CITY (Reuters) -Tech giant Microsoft will invest $1.3 billion over the next three years to build up its infrastructure…
Visa falls on report of US DoJ lawsuit alleging debit-card monopoly
By Manya Saini and Niket Nishant (Reuters) – Visa shares fell 3% on Tuesday after a report said the U.S….