Investors seek shelter as U.S. stocks grow more turbulent
By Lewis Krauskopf NEW YORK (Reuters) – Growing volatility in U.S. stocks is driving a search for defensive assets, though…
Factbox-What is most significant in the Pentagon’s China military report?
WASHINGTON (Reuters) – The Pentagon this week released its annual report on China’s military, which touches on wide-ranging issues related…
UAW presses Detroit automakers for better offer, threatens more walkouts
By Joseph White and Ben Klayman DETROIT (Reuters) -United Auto Workers President Shawn Fain on Friday warned of more walkouts…
US budget gap soars to $1.7 trillion, largest outside COVID era
By David Lawder WASHINGTON (Reuters) -The U.S. government on Friday posted a $1.695 trillion budget deficit in fiscal 2023, a…
Factbox-Top issues in Detroit Three’s negotiations with UAW
(Reuters) – United Auto Workers President Shawn Fain said on Friday the three Detroit automakers had converged on a 23%…
Dip buyers flock to Tesla Bull ETF amid stock selloff
By Bansari Mayur Kamdar (Reuters) – Investors piled into a leveraged exchange traded fund that bet on upside in Tesla’s…
China, world’s top graphite producer, tightens exports of key battery material
By Siyi Liu and Dominique Patton BEIJING (Reuters) -China said on Friday it will require export permits for some graphite…
Tesla CEO Musk’s demand warning sparks selloff in EV stocks
By Aditya Soni and Akash Sriram (Reuters) – Elon Musk’s warning that high interest rates could sap electric-vehicle demand knocked…
Oil settles up 1% on nagging worries about Middle East
By Laura Sanicola (Reuters) -Oil prices settled higher on Thursday as traders remained nervous that Israel’s military campaign in Gaza…
Netflix shares surge on big subscriber additions despite Hollywood strikes
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Streaming pioneer Netflix showed resilience by gaining more quarterly subscribers than…