Nasdaq ends lower ahead of big tech earnings, focus on Fed
By Stephen Culp NEW YORK (Reuters) -The tech-heavy Nasdaq lost ground on Tuesday as the market awaited a spate of…
Microsoft touts AI strength, but shares dip as market digests costs
By Stephen Nellis, Yuvraj Malik and Anna Tong (Reuters) -Microsoft beat market estimates for quarterly profit and revenue on Tuesday,…
Payments firm PayPal to reduce global workforce by 9% in 2024
By Hannah Lang and Manya Saini (Reuters) -Payments firm PayPal Holdings is planning to cut about 2,500 jobs, or 9%…
Oil prices climb on geopolitical tensions, positive economic data
By Nicole Jao NEW YORK (Reuters) -Oil prices rose on Tuesday as a higher global economic growth forecast and escalating…
Stocks meander, yields mixed after strong US labor data
By Herbert Lash NEW YORK (Reuters) -Short-dated Treasury yields rose and a gauge of global equities seesawed near two-year highs…
Boeing to withdraw MAX 7 exemption request as safety scrutiny intensifies
By David Shepardson, Valerie Insinna and Tim Hepher WASHINGTON/DUBLIN (Reuters) – Boeing said on Monday it was withdrawing a request…
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…