US Senator says TikTok divestiture deadline could be extended to one year
By David Shepardson WASHINGTON (Reuters) – The chair of the U.S. Senate Commerce Committee said on Wednesday that lawmakers could…
Month: April 2024
Fed looks to slice balance sheet runoff pace by half
By Michael S. Derby NEW YORK (Reuters) -The Federal Reserve is preparing in short order to slow the rate at…
Meta debuts new generation of AI chip
By Max A. Cherney SAN FRANCISCO (Reuters) – Meta Platforms unveiled details on Wednesday about the next generation of the…
Airbus says first-quarter jet deliveries rose 12%
PARIS (Reuters) -Airbus jet deliveries rose 12% in the first quarter, the European planemaker said on Tuesday. Deliveries reached 142…
Intel reveals details of new AI chip to fight Nvidia dominance
By Max A. Cherney SAN FRANCISCO (Reuters) – Intel detailed a new version of its artificial intelligence chip at its…
Moderna jumps as vaccine shows benefit in head and neck cancer in early study
(Reuters) -Moderna shares rose 8% to a three-month high on Tuesday after the company’s individualized cancer vaccine developed with Merck…
BlackBerry gains on partnership with AMD for robotics systems
(Reuters) – BlackBerry shares jumped more than 7% on Tuesday after the Canadian company teamed up with Advanced Micro Devices…
NY Fed finds mixed outlook for inflation expectations in March
By Michael S. Derby (Reuters) -Americans’ outlook for inflation was mixed last month amid expectations for bigger price rises across…
Crypto survey shows less consumer scepticism, but a third expect bitcoin price fall
(This April 8 story has been corrected to fix the bitcoin record high in paragraph 7) LONDON (Reuters) – Consumers…
Stock moves suggest belief in ‘no landing’ economy, Morgan Stanley says
By Lewis Krauskopf NEW YORK (Reuters) – Recent action in the U.S. stock market suggests investors are beginning to price…