By Chibuike Oguh NEW YORK (Reuters) -Global stocks edged higher while U.S. Treasury yields dipped on Tuesday as markets weighed data showing a persistently tight labor market, and prospects of interest rate cuts after comments from Federal Reserve Chair Jerome Powell. The Fed needs more data before cutting rates to ensure recent weaker inflation readings…
Since the first mainstream media coverage on the growth of Artificial Intelligence (AI), investors have paid close attention to this rapidly growing new industry. Investors are closely monitoring AI-related stocks, hoping to capitalize on this potent megatrend. The implementation and utilization of AI across diverse sectors, including healthcare, finance, manufacturing, and transportation, have unveiled new…
By Jasper Ward WASHINGTON (Reuters) – A New Hampshire man charged with threatening to kidnap and injure Republican presidential candidates last year has been found dead, a U.S. attorney said in a court filing on Thursday. The jury had began their deliberations this week in the trial of Tyler Anderson, who had been accused of…
By Maha El Dahan DUBAI (Reuters) – Saudi Arabia placed over half of an $11.2 billion share sale in Aramco with foreign investors, two people with knowledge of the matter told Reuters on Saturday. Saudi Arabia has been seeking to lure international investment to pour tens of billions of dollars into projects to diversify away…
(Reuters) -Amazon.com said on Wednesday it would discontinue its security robot, Astro for Business, for small- and medium-sized businesses as it shifts its focus to household robots. The e-commerce giant initially launched the canine-like robot for household use in 2021. Astro for Business was launched last November for a range of customers including retail, manufacturing,…
By Scott DiSavino (Reuters) -Power use in Texas was on track to break the record for the month of May on Friday for a second time this week and could top that again over the Memorial Day weekend as homes and businesses crank up air conditioners to escape a heat wave. The Electric Reliability Council…
(Reuters) – Social media platform X’s lawsuit against media watchdog group Media Matters will head to trial on April 7, 2025, a U.S. District judge ordered on Thursday. X, which is owned by billionaire Elon Musk, sued Media Matters in November, accusing the group of defamation after it published a report that said ads had…
By Richard Cowan WASHINGTON (Reuters) – At least three U.S. House of Representatives Democrats were preparing to sign a letter protesting a plan to speed up the official party approval of President Joe Biden’s reelection bid, the lawmakers’ offices said on Tuesday. These Democrats are protesting a move by the party to hold a “virtual…
By Shristi Achar A and Noel Randewich (Reuters) – Nvidia became the world’s most valuable company on Tuesday, dethroning tech heavyweight Microsoft as its high-end processors play a central role in a scramble to dominate artificial intelligence technology. Shares of the chipmaker climbed 3.7% to $135.87, lifting its market capitalization to $3.341 trillion, just days…
By Lisa Barrington (Reuters) -Flights to and from Beirut airport were cancelled or delayed on Monday as tensions escalated between Israel and armed political group Hezbollah after a strike in the Israeli-occupied Golan Heights killed 12 children and teenagers. Air France said on Monday that due to the security situation at the destination, it will…
