By Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden will deliver what his aides are billing as a major…
Category: Economy
US FTC argues Microsoft’s deal to buy Activision should be blocked
By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Trade Commission on Thursday argued in federal court for a preliminary injunction…
Lithium producers warn global supplies may not meet electric vehicle demand
By Ernest Scheyder LAS VEGAS (Reuters) – Lithium producers are growing anxious that delays in mine permitting, staffing shortages and…
Warren Buffett’s charitable giving tops $51 billion
By Jonathan Stempel (Reuters) -Warren Buffett has donated another $4.64 billion of Berkshire Hathaway stock to five charities, boosting his…
Sizzling Performers: Stocks that Historically Shone Bright in the Summer Months
The stock market, much like the changing seasons, follows its unique cycle. Sometimes it blooms like the vibrant flowers of…
Inside China’s underground market for high-end Nvidia AI chips
By Josh Ye, David Kirton and Chen Lin HONG KONG/SHENZHEN, China (Reuters) – Psst! Where can a Chinese buyer purchase…
Intel spends $33 billion in Germany in landmark expansion
By Friederike Heine, Supantha Mukherjee and Andreas Rinke BERLIN/STOCKHOLM (Reuters) -Intel will spend more than 30 billion euros ($33 billion)…
Biden makes re-election pitch in key swing state Pennsylvania
By Nandita Bose and Jarrett Renshaw PHILADELPHIA (Reuters) -President Joe Biden made his 2024 re-election pitch to union members in…
Boeing boosts 20 year outlook for planes due to narrowbody demand
By Valerie Insinna PARIS (Reuters) – U.S. planemaker Boeing slightly raised its annual 20-year forecast for new jetliner deliveries, propelled…
Goldman calls markets too optimistic on pace of US inflation drop -Bloomberg
(Reuters) – Inflation in the United States will not decline as quickly as markets are currently pricing, according to a…