Fed Bowman’s dissent is first from Fed governor since 2005
WASHINGTON (Reuters) – Federal Reserve Governor Michelle Bowman on Wednesday became the first Fed governor to vote against an interest-rate…
Month: September 2024
Energy execs say they believe VP Kamala Harris is indeed open to fracking
By Curtis Williams HOUSTON – Some top natural gas executives on Tuesday said they believe Vice President Kamala Harris was…
Exclusive-US to seek 6 million barrels of oil for reserve, amid low oil price
By Timothy Gardner WASHINGTON (Reuters) – The Biden administration will seek up to 6 million barrels of oil for the…
JPMorgan in talks with Apple over Goldman credit card partnership, source says
(Reuters) -JPMorgan Chase is in talks with Apple about replacing Goldman Sachs as the tech giant’s credit-card partner, a source…
S&P 500 ends little changed as early gains fade before Fed decision
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed nearly unchanged on Tuesday, giving up earlier gains that had vaulted…
Fed rate cuts will not be as deep as the market expects, says BlackRock
NEW YORK (Reuters) – The Federal Reserve will likely not cut U.S. interest rates as deeply as the bond market…
VR and AR headsets demand set to surge on AI, lower costs, IDC says
(Reuters) – Global shipments for augmented and virtual reality (AR/VR) headsets are expected to grow 41.4% in 2025, powered by…
J&J gets $260 million talc verdict overturned in Oregon, new trial ordered
By Brendan Pierson (Reuters) – An Oregon judge has overturned a $260 million verdict against Johnson & Johnson in a…
AI experts ready ‘Humanity’s Last Exam’ to stump powerful tech
By Jeffrey Dastin and Katie Paul (Reuters) – A team of technology experts issued a global call on Monday seeking…
Alcoa to sell its 25.1% stake in Ma’aden joint venture for $1.1 billion
(Reuters) -U.S. aluminium maker Alcoa said on Sunday that it would sell a 25.1% stake in its Ma’aden joint venture…