Uber, DoorDash sue New York City over minimum wage law
By Daniel Wiessner (Reuters) -Uber Technologies Inc, DoorDash Inc and other app-based food…
Economy
Stocks sink as bond yields rise, U.S. jobs data fuels rate hike fears
By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) - MSCI's global index of…
Wall St logs sharp losses as labor market strength stokes rate-hike…
By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) - Wall…
Meta’s Threads swiftly signs up 30 million users, in clear…
By Aditya Soni (Reuters) -Meta's Threads racked up more than 30 million sign-ups…
US bank stocks fall as investors turn jittery ahead of Q2 results
By Manya Saini (Reuters) -U.S. bank stocks fell and a key regional index hit a near…
Pfizer makes equity investment in Caribou Biosciences
(Reuters) - Pfizer has invested $25 million to buy a minority stake in Caribou…
US labor market shows resilience on eve of June’s employment…
By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing new claims for…
European shares hit 14-week low on rate hike jitters
By Shreyashi Sanyal (Reuters) -European shares slumped to their lowest level in three…
NY Fed data shows underlying inflation may be slower than thought
By Howard Schneider WASHINGTON (Reuters) - New data from the New York Federal Reserve…
Pentagon has strategic germanium stockpile but no gallium reserves
WASHINGTON (Reuters) - The Pentagon holds a strategic U.S. stockpile for germanium but…
US banks lose favor with European hedge funds, Goldman says
By Carolina Mandl NEW YORK (Reuters) -European hedge funds have rapidly cut their exposure…
Wall Street posts modest loss after Fed minutes
By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) - Wall…
US crude oil gains on supply cuts, focus shifts to holiday demand
By Shariq Khan BENGALURU (Reuters) - U.S. crude oil gained about 3% on Wednesday,…
Shares fall after little Fed surprise, China data and trade in focus
By Sinéad Carew and Tom Wilson NEW YORK/LONDON (Reuters) - MSCI's global equities…
Why a $1.5 trillion source of corporate financing is choking on higher…
By Naomi Rovnick and Chiara Elisei LONDON (Reuters) - A financial stream that helped fund…
UAE attracts record $23 billion in foreign investment in 2022 –…
DUBAI (Reuters) - Foreign direct investment (FDI) flows into the United Arab Emirates rose…
Audi to unveil electric vehicle manufacturing plans in Mexico -sources
By Daina Beth Solomon and Dave Graham MEXICO CITY (Reuters) -German carmaker Audi is this…
U.S. factory orders miss expectations in May
WASHINGTON(Reuters) - New orders for U.S.-made goods increased less than expected in May…
Analysis-Musk’s Twitter rate limits could undermine new CEO, ad…
By Jody Godoy (Reuters) - Elon Musk's move to temporarily cap how many posts Twitter…
Oil prices slip on global economic slowdown fears
By Florence Tan SINGAPORE (Reuters) - Oil prices slipped in early Asian trade on Monday as…
RBA to raise rates to 4.35% on July 4 but decision on a knife edge
By Devayani Sathyan BENGALURU (Reuters) -The Reserve Bank of Australia will likely raise…
