BRICS expansion faces eleventh hour hurdle as divisions persist
By Carien du Plessis and Krishn Kaushik JOHANNESBURG (Reuters) -A deal to expand the BRICS group of leading developing countries…
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Nvidia adds jet fuel to AI optimism with record results, $25 billion buyback
By Chavi Mehta, Max A. Cherney and Stephen Nellis (Reuters) -Nvidia far exceeded expectations with its quarterly revenue forecast on…
India’s retail inflation surges on food prices in challenge to Modi government
(This Aug. 14 story has been corrected to say food inflation rose 11.51% in July, not June, compared with revised…
Nvidia drops from record high, tracking market fall; AI bets support outlook
By Medha Singh (Reuters) – Nvidia shares fell from an all-time high on Tuesday, moving in line with the overall…
New Biden student loan plan cuts payments for millions, White House says
WASHINGTON (Reuters) -The Biden administration on Tuesday said it was overhauling student loan repayment plans, seeking to make payments more…
US energy firm payouts to oil investors top exploration spending for first time
HOUSTON (Reuters) – Top U.S. energy companies last year paid out more of their earnings to shareholders than they invested…
Newmont gets Aussie regulatory nod for $16.8 billion Newcrest deal
(Reuters) – Gold miner Newmont Corp said on Monday it has received clearance from Australia’s competition regulator to proceed with…
Nasdaq rallies with Nvidia, tech shares; investors look toward Jackson Hole
By Caroline Valetkevitch NEW YORK (Reuters) – The Nasdaq ended more than 1% higher and the S&P 500 also rose…
American Airlines pilots approve new contract that boosts compensation by more than 46%
CHICAGO (Reuters) -American Airlines pilots have approved a new contract that includes more than $9.6 billion in total pay and…
Nvidia earnings will be major test for AI demand, market rally
By Chavi Mehta (Reuters) -Nvidia investors expect the chip designer to forecast quarterly revenue above estimates when it reports results…