Mortgage rates top 7% for the first time this year, Freddie Mac says
By Amina Niasse NEW YORK (Reuters) – U.S. mortgage rates increased by the most since June and also crossed the…
Walmart-backed Ibotta targets up to $2.7 billion valuation in US IPO
(Reuters) – Walmart-backed digital marketing company Ibotta will likely raise $577.3 million at a valuation of $2.67 billion, after pricing…
Exclusive-Donald Trump mulls middle-class tax cut as he eyes return to office
By Gram Slattery WASHINGTON (Reuters) – U.S. Republican presidential candidate Donald Trump has indicated to advisers he is keen on…
Tesla layoffs include 14% of Buffalo workers, WARN notice shows
(Reuters) -Tesla will lay off 285 employees in Buffalo, New York, as part of its plans to trim 10% of…
Google lays off employees, shifts some roles abroad amid cost cuts
(Reuters) – Alphabet-owned Google is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the…
Trump has an edge over Biden on economy, Reuters/Ipsos poll finds
By Jason Lange WASHINGTON (Reuters) – U.S. voters view Republican presidential candidate Donald Trump as better for the economy than…
AMD introduces AI chips for business laptops and desktops
(Reuters) -Advanced Micro Devices unveiled a new series of semiconductors for artificial intelligence-enabled business laptops and desktops on Tuesday as…
Lockheed wins US missile defense contract worth $17 billion
By Mike Stone (Reuters) -Lockheed Martin has won a $17 billion contract to develop the next generation of interceptors to…
Tesla laying off more than 10% of staff globally as sales fall
By Victoria Waldersee BERLIN (Reuters) -Tesla is laying off more than 10% of its global workforce, an internal memo seen…
Broadcom questioned by EU over VMware licensing changes
By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom is being asked by EU antitrust regulators about changes to newly…