By Diane Bartz WASHINGTON (Reuters) -Microsoft President Brad Smith said Thursday that his biggest concern around artificial intelligence was deep fakes, realistic looking but false content. In a spee[...]
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May 25, 2023
Fed lending to banks lowest in latest week since crisis began in March
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve emergency lending to banks fell in the latest week to its lowest level since the banking sector ran into trouble in March. Lending to ban[...]
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Nvidia set to be retail favorite after Tesla’s six-month streak
(Reuters) -Nvidia Corp on Thursday was set to break Tesla Inc’s streak of being the most traded stock by retail traders in every session since Nov. 4, according to J.P. Morgan data. Shares of Nv[...]
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U.S. Treasury debt announcement signals to some June 1 is not ‘X-date’
(Reuters) -The U.S. Treasury on Thursday announced a slate of T-bill auctions for early next week that some market participants see as an indication that the debt ceiling’s so-called “X-da[...]
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JPMorgan says former US Virgin Islands first lady sought visas for Jeffrey Epstein victims
By Jonathan Stempel (Reuters) – JPMorgan Chase & Co on Thursday unveiled new accusations that the U.S. Virgin Islands was complicit in Jeffrey Epstein’s sex crimes, including that a fo[...]
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AT&T’s DirecTV signs deal to offer NFL Sunday Ticket games to bars and casinos
(Reuters) – AT&T Inc’s DirecTV on Thursday announced a multi-year deal to broadcast the Sunday Ticket package of National Football League (NFL) games for commercial locations including[...]
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Explainer-What would happen to a Treasury after default? Six key questions
By Karen Brettell (Reuters) – The U.S. Treasury Department is at risk of defaulting on its debt if Congress doesn’t act to lift the debt ceiling before it is reached, which could happen as[...]
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RBC, TD miss profit estimates as bad loan provisions climb; CIBC beats
By Nivedita Balu and Niket Nishant (Reuters) – Canada’s two biggest lenders, Royal Bank of Canada and TD, missed analysts’ estimates for quarterly earnings on Thursday as tough econo[...]
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Oil settles lower as Russia downplays additional OPEC+ cuts
By Laura Sanicola (Reuters) – Oil prices settled lower on Thursday after Russian Deputy Prime Minister Alexander Novak played down the prospect of further OPEC+ production cuts at its meeting ne[...]
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