Fed officials expect interest rates to remain high, possibly rise
By Ann Saphir and Howard Schneider -U.S. central bankers on Monday signaled they see…
Day: May 15, 2023
Macron courts Tesla’s Musk and others to ‘Choose…
By Michel Rose and Tassilo Hummel PARIS (Reuters) -President Emmanuel Macron met…
Amazon’s AI Plan: Will it Deliver?
Amazon Turns to Artificial Intelligence to Enhance Product Deliveries Amazon sees…
GM recalls 42,000 vehicles in Canada for air bag defect
By David Shepardson WASHINGTON (Reuters) -General Motors said on Monday it will recall…
Former Silicon Valley Bank CEO says rate hikes, withdrawals sank firm
By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) -Greg Becker, former CEO of failed…
Oil gains over 1%, ends losing streak on tightening supplies
By Shariq Khan BENGALURU (Reuters) -Oil prices rose a dollar a barrel on Monday after…
SpaceX hires former NASA human spaceflight chief for Starship role
By Joey Roulette WASHINGTON (Reuters) - Elon Musk's SpaceX has tapped NASA's…
U.S. Supreme Court allows death row inmate’s lawsuit after…
By Andrew Chung (Reuters) -The U.S. Supreme Court on Monday allowed a challenge by an…
Goldman fined $7 million by ECB over credit risk reporting
FRANKFURT (Reuters) -The European Central Bank said on Monday it had fined Goldman…
Apple investigated in France over product obsolescence
PARIS (Reuters) - The Paris prosecutor has opened a judicial inquiry into planned…
US Treasury’s Adeyemo dismisses platinum coin to skirt debt…
By David Lawder and Susan Heavey WASHINGTON (Reuters) - The U.S. Deputy Treasury Secretary…
New York factory activity slumps in May – NY Fed
WASHINGTON (Reuters) - The New York Federal Reserve said on Monday its barometer of…
Tesla owners sue over impact of software update on EV batteries
By David Shepardson WASHINGTON (Reuters) - A group of U.S. Tesla Model S and Model X…
Google to pay $8 million to settle claims of deceptive ads -Texas AG
WASHINGTON (Reuters) -Google, a unit of Alphabet, has agreed to pay $8 million to settle…
Global equity funds see 4th week of outflows on slowdown worries
(This May 12 story has been corrected to change the inflation-linked bonds' outflows…
Oil prices fall on stronger dollar, demand fears
By Laura Sanicola NEW YORK (Reuters) - Oil prices settled more than 1% lower on Friday,…
