JPMorgan, Wells Fargo prepare for losses on office loans
By Matt Tracy (Reuters) -JPMorgan Chase and Wells Fargo said on Friday they set aside…
US
Why Amazon put services in the spotlight for Prime Day
By Arriana McLymore NEW YORK (Reuters) - Amazon shoppers snagged deals on food delivery,…
US inflation outlook brightening; consumer sentiment near two-year…
By Lucia Mutikani WASHINGTON (Reuters) - U.S. import prices fell for a second straight…
New York City facing 446 megawatt shortfall by summer 2025
(Reuters) - New York City could experience a 446 megawatt power supply shortfall starting…
UPS strike could be costliest in US in a century, study says
By Lisa Baertlein (Reuters) -A threatened U.S. strike at United Parcel Service could be…
Highly shorted Nikola jumps as retail army scoops up shares after…
(Reuters) - Shares of Nikola Corp jumped 14% on Friday, a day after a short squeeze sent…
Investors pile into stocks, bonds as ‘mission…
LONDON (Reuters) - Investors piled into bonds and stocks while shedding cash in the week…
US FTC opens investigation into OpenAI over misleading statements…
(Reuters) -The U.S. Federal Trade Commission has opened an investigation into OpenAI on…
Elon Musk launches AI firm xAI as he looks to take on OpenAI
(Reuters) -Elon Musk, the billionaire entrepreneur, launched his long-teased artificial…
U.S. Treasury posts sharply higher $228 billion June deficit
By David Lawder WASHINGTON (Reuters) - The U.S. government posted a $228 billion budget…
