By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar sank to a three-week low on Monday after comments by Federal Reserve officials reinforced market expectations that the U.S. central ba[...]
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July 10, 2023
EU seals new US data transfer pact, but challenge likely
By Foo Yun Chee BRUSSELS (Reuters) -The European Commission announced a new data transfer pact with the United States on Monday, seeking to end the legal uncertainty plaguing thousands of companies th[...]
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Oil dips 1% on US interest rate fears but OPEC+ cuts limit fall
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices eased 1% on Monday on the increasing likelihood of more U.S. interest rate hikes, but crude supply cuts from top oil exporters Saudi Arabia and Russi[...]
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Icahn restructures $3.7 billion in loans to remove company’s stock drag
(Reuters) -Carl Icahn disclosed on Monday he restructured $3.7 billion in personal loans to remove a link between his obligation to post collateral and his holding company’s share price, buoying[...]
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Surf Air Mobility to debut on NYSE in week of July 24
(Reuters) -Shares of Surf Air Mobility are expected to start trading on the New York Stock Exchange during the week of July 24, the electric aviation and regional air travel company said on Monday. Th[...]
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US senators to get classified White House AI briefing Tuesday
By David Shepardson WASHINGTON (Reuters) -The White House will brief senators Tuesday on artificial intelligence in a classified setting as lawmakers consider adopting legislative safeguards on the fa[...]
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Fed’s Mester: More hikes needed to bring inflation back down to target
By Michael S. Derby (Reuters) -Federal Reserve Bank of Cleveland President Loretta Mester said on Monday that still-strong levels of underlying inflation pressures are pointing the central bank toward[...]
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New York Times to dismantle sports desk, rely on The Athletic for coverage
(Reuters) – The New York Times said on Monday it is disbanding its sports desk and will rely on The Athletic for daily coverage of the beat, a move the newspaper said would not result in any lay[...]
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Amazon partners with travel site Priceline in a first for Prime Day
By Doyinsola Oladipo NEW YORK (Reuters) – Amazon.com Inc is partnering with travel booking site Priceline to offer discounts during Tuesday’s Prime Day, the first time an online travel age[...]
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