By David Lawder WASHINGTON (Reuters) -The U.S. government on Friday posted a $1.695 trillion budget deficit in fiscal 2023, a…
Category: Uncategorized
Inflation, commercial real estate among top financial stability concerns -Fed survey
By Pete Schroeder WASHINGTON (Reuters) -The chance for persistent inflation to keep interest rates higher and potential losses in the…
Oil drops after Hamas releases US hostages
By Shariq Khan BENGALURU (Reuters) -Oil prices settled lower on Friday after the Islamist group Hamas released two U.S. hostages…
Miners race to realise graphite projects as China controls exports
By Nelson Banya and Clara Denina (Reuters) – As China moved to control some exports of key battery mineral graphite…
BofA pushes out final Fed rate hike expectation to December
(Reuters) – BofA Global Research said on Friday it now expects the U.S. Federal Reserve to deliver a 25-basis-point rate…
Fed’s Powell: Strong economy may still require rate increases
By Howard Schneider and Michael S. Derby NEW YORK (Reuters) -The U.S. economy’s strength and continued tight labor markets could…
Tesla CEO Musk’s demand warning sparks selloff in EV stocks
By Aditya Soni and Akash Sriram (Reuters) -Elon Musk’s warning that high interest rates could sap electric-vehicle demand knocked shares…
Netflix shares surge on big subscriber additions despite Hollywood strikes
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Streaming pioneer Netflix showed resilience by gaining more quarterly subscribers than…
Amazon defends Prime program in bid to defeat FTC lawsuit
By Mike Scarcella (Reuters) – Amazon.com has denied duping millions of subscribers to its Amazon Prime service, asking a U.S.…
Meta, TikTok given a week by EU to detail measures against disinformation
By Charlotte Van Campenhout and Bart H. Meijer BRUSSELS (Reuters) -Meta and TikTok have been given a week by the…