By David Lawder WASHINGTON (Reuters) -The U.S. government on Friday posted a $1.695 trillion budget deficit in fiscal 2023, a…
Tag: Updated
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…
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.…
Netflix raises prices and adds subscribers, despite strikes
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Netflix increased subscription prices for some streaming plans in the United…
Tesla CEO Musk raises alarm on interest rates, hesitates on Mexico factory
By Hyunjoo Jin, Akash Sriram and Joseph White (Reuters) -Tesla CEO Elon Musk said on Wednesday that he was concerned…
US regional banks earn more on loans but warn on rising deposit costs
By Chibuike Oguh NEW YORK (Reuters) -Several U.S. regional banks beat analysts third-quarter profit expectations on Wednesday as higher interest…
Meta shareholder lawsuit over user privacy revived by appeals court
By Jody Godoy (Reuters) – A shareholders’ proposed class action accusing Meta Platforms Inc of concealing sweeping misuse of Facebook…