Factbox-Top US credit rating under watch as debt ceiling talks drag on
(Reuters) – Drawn-out negotiations between the White House and Republicans to raise the $31.4 trillion debt ceiling have unnerved markets…
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ChatGPT-maker OpenAI says has no plans to leave Europe
By Supantha Mukherjee and Martin Coulter (Reuters) – OpenAI has no plans to leave Europe, CEO Sam Altman said on…
Meta offers to limit use of ad data to address UK competition concerns
LONDON (Reuters) – Britain’s competition watchdog on Friday said social media giant Meta had offered to limit its use of…
Dollar set for third week of gains as US debt talks loom large
By Hannah Lang WASHINGTON (Reuters) – The dollar was set for a third straight weekly gain on Friday, as markets…
G7 officials to hold first meeting on AI regulation next week
By Kantaro Komiya TOKYO (Reuters) – Group of Seven (G7) nation officials will meet next week to consider problems posed…
Paramount Global shares rise as major shareholder gets $125 million investment deal
By Medha Singh and Chibuike Oguh NEW YORK (Reuters) – Shares of Paramount Global rose by more than 6% on…
IMF says U.S. should tighten fiscal policy to help cut persistent inflation
By David Lawder DETROIT (Reuters) -The International Monetary Fund said on Friday U.S. interest rates will likely need to remain…
Instant view: Stubborn US April PCE inflation revives focus on June Fed hike
NEW YORK (Reuters) – U.S. consumer spending increased more than expected in April, boosting the economy’s growth prospects for the…
Strong US consumer spending, inflation readings put Fed in tough spot
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending increased more than expected in April, boosting the economy’s growth prospects…
Microsoft sets out grounds for Activision appeal against UK regulator
By Sam Tobin LONDON (Reuters) -Microsoft is challenging Britain’s decision to block its $69 billion takeover of “Call of Duty”…