GM shares jump as CEO Barra promises shareholders more cash
By Joseph White DETROIT (Reuters) -General Motors shares jumped Tuesday after the company gave investors an upbeat outlook for 2024…
Fed in a trust-but-verify moment as inflation falls
By Howard Schneider WASHINGTON (Reuters) – In economic projections issued after their December meeting U.S. Federal Reserve officials on balance…
S&P 500 hits fresh closing high ahead of Fed meeting, big tech earnings
By Stephen Culp NEW YORK (Reuters) -U.S. stocks advanced on Monday as market participants looked ahead to this week’s slew…
US Treasury to borrow $760 billion in Q1, lower than forecast
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. Treasury on Monday said it expects to borrow $760 billion in…
Amazon, Roomba-parent iRobot abandon $1.4 billion merger deal
By David Shepardson WASHINGTON (Reuters) -Amazon and robot vacuum maker iRobot said Monday they would end their plans to merge…
Hedge funds cash in on Grayscale bitcoin ETF conversion – sources
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – A handful of hedge funds made a winning bet on…
Intel tumbles as chipmaker falls further behind in AI race
By Samrhitha A (Reuters) -Intel slumped more than 12% on Friday following a bleak first-quarter revenue outlook, as the chipmaker…
Oil settles at highest in nearly 8 weeks on strong economic growth
By Georgina McCartney and Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose for a second week in a row and settled…
US House bill would curb genetic info sharing with China’s Wuxi Apptec, BGI
By Karen Freifeld (Reuters) – A congressional committee focused on China has introduced a bill that would restrict federally funded…
Intel forecasts quarterly revenue below estimates, stock falls
By Arsheeya Bajwa and Max A. Cherney (Reuters) -Intel on Thursday forecast revenue for the first quarter that could miss…